Venmo is a popular peer-to-peer payment app that allows users to send and receive money from their friends and family. While Venmo itself does not offer any ways to earn free money, there are some strategies that users can use to receive free money from others on the platform.
- Sign up for a Venmo account: The first step to getting free money on Venmo is to sign up for an account. Venmo offers a $10 bonus to new users who sign up using a referral link from an existing user. This referral bonus is credited to both the new user and the existing user’s accounts once the new user completes their first transaction.
- Request money from friends and family: One of the easiest ways to get free money on Venmo is to request money from friends and family. If you’re owed money for a shared expense, such as a dinner or concert ticket, you can use Venmo to request payment from your friends. Additionally, you can use Venmo to request gifts or donations for special occasions such as birthdays or weddings.
- Use cash back rewards programs: Some cash back rewards programs, such as Dosh, offer cash back rewards for using Venmo to make purchases. By linking your Venmo account to these programs, you can earn cash back rewards for your purchases, which can then be transferred to your Venmo account.
- Participate in promotions and giveaways: From time to time, Venmo may offer promotions and giveaways that allow users to earn free money. These promotions may require users to complete certain actions, such as making a certain number of transactions or referring new users to the app.
- Sell goods and services: If you have goods or services to sell, you can use Venmo to accept payments from buyers. Venmo is often used for transactions between individuals, but it can also be used for small businesses and freelance work.
- Link your Venmo account to cashback apps: Some cashback apps such as Rakuten offer additional cashback if you link your Venmo account to them. By using these cashback apps to make online purchases and linking your Venmo account, you can earn additional cashback on top of the usual cashback rate.
It’s important to note that while Venmo is a convenient way to send and receive money, it’s important to use caution when using the app. Always make sure you’re sending or receiving money from someone you know and trust, and be aware of potential scams or fraud. Never send money to someone you don’t know, and be wary of requests for personal information or passwords. By taking these precautions, you can use Venmo safely and securely to send and receive money from your friends and family.
