Venmo just rolled out Cashback. If you use my invite link, you get double Cashback for a 30-day trial. After that, if you upgrade to Amazon Prime, the double rewards stay active. If not, the standard version is totally free and you still snag 0.5% to 1% back. Not a bad deal.
A reimbursement is one thing—it goes back in the same currency to your original card. Compensation is an entirely different beast; it has nothing to do with how you paid or what currency you used. If we're talking about compensation under USA regulations
Lawrence Stewart6 said:Delta Air Lines owes me some compensation money. Of course, they're dealing in USD. Can I just give them my US Routing Number for the transfer, and how does that work with the conversion? Any crazy fees involved?
I don't see why they'd require a US-based account. An international passenger could ask for compensation too, right? Why should they be forced to have a domestic account?
If I have Euros on my Venmo account and I'm paying for something abroad, am I going to get hit with a double conversion? Basically, does the terminal take the Euros, convert them into Dollars via the card, and then convert them right back into the Euros in my wallet? Or will it just charge the Euros directly without all that extra math?
You can't actually hold USD balances in your Venmo wallet, though you can certainly pay with them. The conversion happens right at the point of sale, but I'm not entirely sure what their specific exchange rates look like.
I deposited some cash about three hours ago and everything went smoothly. Since then, I've used my card at various retail locations without a single issue.
Use code TAMAR258 when you open an account and make your first transaction to snag 30 $.
Once you spend or send over 500 $, you'll grab another 40 $ on top of that!
It’s a decent little kicker, and since we're all moving toward a more integrated US economy, accounts like this are going to be way more practical than they used to be.
Now Venmo customer support is claiming the issue paying The New York Times Company has nothing to do with JPMorgan Chase. They still haven't explained why the payment failed in the first place. I'll give it another shot tomorrow.