PayPal has introduced a Venmo cash back rewards program that the company is calling Venmo Stash. The program is designed to scale rewards with user engagement, offering more cash back to those who use more of the platform’s suite of products.
The rewards are earned when users spend on their Venmo Debit Mastercard, but only at “curated bundles” of certain brands. Unless users are judicious about only using their Venmo debit cards at these brands, this could mean a net monthly cash back far below what is advertised.
In the company’s announcement, Paypal depicts brands
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