I. Introduction
Venmo is a handy mobile payment app that allows friends, family, and businesses to send and receive money easily. However, especially during difficult economic times, it can be tough to have enough funds to cover some of the payments you need to make. The good news is that there are ways to earn free money on Venmo. This article will provide tips and tricks on how to make the most of Venmo’s rewards programs, cashback features, surveys, social networking, Venmo credit card, and creative opportunities to boost your balance.
II. Unlocking Venmo Rewards
Venmo offers a variety of rewards programs that enable you to earn free money on the app. These programs have different requirements, but the most common ones include linking your Venmo account with other credit cards, participating in social media campaigns, and making transactions within the app. For example, you can earn up to 5% cash back for using Venmo at specific merchants. To take full advantage of these programs, you can link your credit or debit card with Venmo, follow Venmo on social media, and join Venmo rewards programs.
III. The Venmo Cashback Hack
The Venmo cashback hack is another way to earn free money on the app. With Venmo’s cashback feature, you can earn rewards when making purchases with your linked debit or credit card. The app features a variety of merchants in different categories, and you can earn up to 10% cashback on specific purchases. You can plan your purchases around the offers available such as clothes, groceries, travel, food, and drinks. This way, you get to enjoy the goods and services you want while earning free cash at the same time.
IV. Game the System: Venmo-Friendly Surveys and Focus Groups
A variety of market research and survey companies offer Venmo as a payout option. You can earn free money by providing insights and feedback about products and services that align with your interests. Some examples include Survey Junkie, Swagbucks, and Toluna. Other options include participating in focus groups where surveys deal with specific topics, and payments range from $50 to $200 per study. When you sign up for these programs, you will usually receive a sign-up or registration bonus, and you may also be eligible for other prizes or sweepstakes.
V. Pay it Forward
Venmo’s pay/request feature is a standard way of sending and receiving money between friends and family. You can leverage this feature to ask for or receive money from social networks, such as Facebook or Twitter. The key to success is to create a compelling reason for why you need the money, what the situation is, and why you need their help. For example, if you are raising funds for a charitable cause, you can share information about the organization’s goals, results, and impact. When people empathize with your cause, they are more likely to donate to your request, boosting your balance and advancing the cause you are passionate about.
VI. The Venmo Credit Card
Venmo also offers a credit card, supported by Visa Credit, with an attractive cashback reward. With this card, you can earn up to 3% cashback on eligible purchases. You can use the card to pay bills, make online purchases, and make in-store transactions. The more you use your Venmo credit card, the more rewards you will receive. Be careful, however, to use the card responsibly, avoid overspending, and pay off your balance in full each month to avoid accruing unusual fees and interest charges.
VII. Calling All Creative Types
If you are a creative type, Venmo provides an opportunity for you to monetize your passions and earn free money. Artists, crafters, writers, and other creatives can use Venmo to sell their products and skills to potential customers. For example, artists can use the app to sell their paintings or prints, crafters to sell their handmade goods, and writers to sell their freelance services. You can avail Venmo’s social network to promote your products or services, connect with buyers, and build a reputation as an expert in your craft.
VIII. Conclusion
Venmo offers several ways for users to earn free money through their rewards programs, cashback features, surveys, social networks, Venmo credit card, and creative opportunities. By using these different methods to their fullest, you can accumulate rewards and make up for the money you may have lost using Venmo in the past. Remember to always use these tips and tricks responsibly and stay on top of your finances.
