Venmo is reinventing how customers earn rewards with the launch of Venmo Stash, a flexible, always-on cash back program designed to grow as users interact more with Venmo’s ecosystem.
The new program represents Venmo’s shift from a simple peer-to-peer payment app to a full-scale commerce platform that rewards customers for everyday activity.
With Venmo Stash, users can earn up to 5% cash back through personalized brand bundles linked to their Venmo Debit Mastercard purchases.
Rewards start at 1% for using the Venmo balance, increase to 2% when auto reloads are turned on, and reach 5% when users set up direct deposits.
All cash back is deposited directly into the Venmo balance each month for spending anywhere Mastercard is accepted.
“Traditional rewards programs make customers work for points they may never use.
Venmo Stash flips that model, rewarding spending and money management habits our customers already have,” said Diego Scotti, General Manager of Consumer at PayPal.
The program will expand in 2026 to include more ways to earn, including payments made through Venmo’s merchant network.
Key Takeaways:
- Venmo Stash offers up to 5% cash back that scales with user engagement.
- Rewards are automatically deposited into users’ Venmo balances monthly.
- The program reflects Venmo’s move toward becoming an everyday commerce platform.
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