Author Topic: Venmo 3% fee for cc  (Read 1700 times)

Offline zer0k1

  • Dansdeals Platinum Elite + Lifetime Silver Elite
  • *****
  • Join Date: May 2014
  • Posts: 582
  • Total likes: 5
  • DansDeals.com Hat Tips 2
    • View Profile
  • Location: Canada
Venmo 3% fee for cc
« on: October 14, 2015, 11:39:12 AM »
I know that 3% is pretty steep but for simplicity purposes I had arranged with a friend to add me as an au and then I sent him $1000 to meet spend threshold on a chase card. I realizeda after that chase uses the same card number for au though..not sure if that matters. But he also withdrew the venmo to his chase checking account. All those things combined got me worried that itll raise a red flag. Should I be worried?

Offline noturbizniss

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Dec 2012
  • Posts: 7118
  • Total likes: 140
  • DansDeals.com Hat Tips 4
  • Gender: Male
    • View Profile
  • Location: North Jersey
Re: Venmo 3% fee for cc
« Reply #1 on: October 14, 2015, 02:12:18 PM »
I know that 3% is pretty steep but for simplicity purposes I had arranged with a friend to add me as an au and then I sent him $1000 to meet spend threshold on a chase card. I realizeda after that chase uses the same card number for au though..not sure if that matters. But he also withdrew the venmo to his chase checking account. All those things combined got me worried that itll raise a red flag. Should I be worried?
SIYF
http://forums.dansdeals.com/index.php?topic=11859.0
READ THE DARN WIKI!!!!

Chuck Norris...
...can still do FT method
...READS THE WIKI!!!

Offline Redbull3

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Dec 2011
  • Posts: 3495
  • Total likes: 418
  • DansDeals.com Hat Tips 1
    • View Profile
  • Programs: Blocked By @NeriaKraus
Re: Venmo 3% fee for cc
« Reply #2 on: October 14, 2015, 02:25:12 PM »
Paypal = 2.9% +$.30 fwiw