FlyerTalk Forums - View Single Post - New AMEX/Venmo partnership
View Single Post
Old Nov 10, 2020 | 4:56 am
  #1  
jags86
10 Countries Visited
All eyes on you!
10 Years on Site
 
Join Date: Mar 2013
Location: EWR
Programs: World of Hyatt, Marriott Bonvoy, Hilton Honors, UA Mileage Plus
Posts: 1,650
New AMEX/Venmo partnership

You can now send and receive cash when using an AMEX with Venmo. Sending cash will not incur a cash advance fee, no Venmo fee, and will count as a purchase for terms of interest accrual. You will also not earn rewards. A great option for float, especially if you nab a 0% for 12 or 15-month offer. Although I never used it, this seems like a better replacement to that ExpressCash service that was discontinued a year or so ago. Personal cards only.

https://www.doctorofcredit.com/american-express-adds-feature-to-use-paypal-venmo-with-no-fees-no-rewards-earned/

FYI, setting up required a call into AMEX for verification so I did not complete enrollment.
jags86 is offline