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Old Nov 5, 10, 8:48 pm   #1
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Newbie Question

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Last edited by Ben Linus; Sep 23, 11 at 7:36 pm
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Old Nov 5, 10, 8:57 pm   #2
  
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I've been looking into it and found a cpl things I don't like - they reserve the right to voice/sms spam your phone with ads and they may do a hard pull

If it does work as claimed, I've been considering getting a pair of burner phones and givingit a shot. No way I'm giving them my real #
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Old Nov 5, 10, 9:31 pm   #3
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Originally Posted by Stoughton View Post
I've been considering getting a pair of burner phones and givingit a shot.
Get a Google Voice number.
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Old Nov 6, 10, 4:51 am   #4
  
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The rhetorical question is, will individual banks treat "Venmo Payments" as a cash advance rather than a charge?

I'm guessing people that have set their CA limit to $0 on their credit cards have little to lose?

Last edited by Max M; Nov 6, 10 at 4:52 am Reason: poor grammar. no one should make fun of grammar. she's a good lady.
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Old Nov 9, 10, 2:42 pm   #5
  
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I have a venmo account and in the process of getting a new card - but i'll give this a try and report back and let you know what it comes out as.
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Old Nov 10, 10, 5:07 pm   #6
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Thanks, iluvthsgam, and welcome to FlyerTalk! I eagerly await your report
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Old Nov 10, 10, 6:32 pm   #7
  
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this requires an invite code. If somebody sends me one, I will be the guinea pig.
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Old Nov 10, 10, 8:30 pm   #8
  
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Their faq states that the max withdrawal per month is $500. Churners would best stick to shiny golden pieces.

However, I'm quite taken with this service. If you have an iphone or android phone, I encourage you to download the app. It's very useful, even if you don't already have an account.
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Old Jan 2, 11, 12:39 pm   #9
  
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invitation code

If anyone has an extra invitation code, please send me a PM. I'd love to sign up for Venmo.
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Old Jan 2, 11, 1:17 pm   #10
  
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Be careful your account is not FDIC insured. Here today gone tomorrow!!! You might want to do a little research first.
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Old Jan 2, 11, 3:40 pm   #11
  
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Great, just one more deal that some have already been using PRUDENTLY that will now be destroyed within a month by hordes of moochers.

There is a reason it hasn't shown up before on FT Ben, this is the wrong forum to publicize a very fragile deal.

What's the over/under on when Venmo shuts off the spigot?

I'll take by Jan 7th.
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Old Jan 2, 11, 3:42 pm   #12
  
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Originally Posted by gobears1993 View Post
If anyone has an extra invitation code, please send me a PM. I'd love to sign up for Venmo.
A great example of mooching in action. One post, asking for a freebie.
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Old Jan 2, 11, 3:44 pm   #13
  
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Originally Posted by Max M View Post
The rhetorical question is, will individual banks treat "Venmo Payments" as a cash advance rather than a charge?

I'm guessing people that have set their CA limit to $0 on their credit cards have little to lose?
It doesn't matter what you set your cash advance limit to. Banks aren't obligated to not process a cash advance if your limit is zero and credit card charges can and are recategorized by your bank without regard to your cash advance limit.

It's been discussed many times.
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Old Jan 2, 11, 3:51 pm   #14
  
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But since this is going to die a quick death, PM your email address to me and I'll send you an invite.
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Old Jan 2, 11, 4:01 pm   #15
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With such a small monthly limit ... Not sure it will die that quickly.
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