Venmo has released a limited-edition rainbow debit card that will enable customers to spend their Venmo balance while shopping both in-store and online. Venmo said the card’s design is a combination of the other six colorful debit cards the platform already offers, for customers who want an extra pop of color in their wallet.
"We’ve seen tremendous adoption of our colorful cards and we know you love the ability to choose the one that best suits your personality and style. Inspired by a combination of our existing card colors, the limited-edition rainbow card is now rolling out if you’re having trouble picking just one, or want an even more radiant design in your wallet and at checkout," said the Venmo team.
Using the Venmo Mastercard, customers who are dining in or out can easily split bill costs between other users. Venmo has also added a feature that enables users to split the tip directly from the Venmo app, before paying a bill. Additionally, the app will automatically calculate a suggested tip.
With the 'Add Money' feature on the Venmo app, users can manually transfer funds from their linked debit card to their Venmo balance or turn on automatic reloads. The limited-edition card is already available with select cardholders, but will become widely available on 4 March, while supplies last.