Venmo Referral Code waGcxmGfTBb Gives You $10 Bonus

Get a $10 bonus when you open an account with Venmo referral code waGcxmGfTBb and send at least $5 to another person within 14 days.

See below for full details of this Venmo referral bonus and how you can earn extra money by referring your friends with the Venmo referral program.

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What is Venmo?

Venmo was launched in 2009 as a way for founders Andrew Kortina and Iqram Magdon-Ismail to pay each other exchanging cash or writing a check. It has since become one of the most popular peer-to-peer mobile payment service in the United States.

The app allows you to send and receive money to and from friends, family, or anyone else who has a Venmo account. While the service is primarily used for splitting bills or sharing expenses, it has quickly grown as a platform for businesses to accept money from customers.

Venmo Referral Code

Sign up for Venmo using the referral code waGcxmGfTBb and earn a $10 bonus when you send at least $5 to another person on Venmo using a funding source linked to your account.

How To Get Referral Bonus:

  1. Open a Venmo account using the link above.
  2. Connect a bank account or card account to Venmo.
  3. Send at least $5 to another person on Venmo within 14 days of account opening.
  4. Receive a $10 referral bonus deposited into your Venmo account within 5 days.

Venmo Referral Program

Venmo has a referral program that gives you the opportunity to earn $10 for each person you successfully refer to Venmo. The person you refer can also receive a $10 sign-up bonus.

To be considered a successful referral, your friend must sign up for a Venmo account using your unique referral code or referral link and subsequently sends $5 or more (funded by a bank account or card) within 14 days of account opening.

An eligible friend includes those who:

  • never had a Venmo account
  • have a Venmo account, but have never been active on Venmo (never sent or received a payment)
  • have a Venmo account, but have not been active in the last 12 months

You can earn up to 10 referral bonuses (for a maximum of $100) when your friends complete the criteria for the bonus. Review this page for complete referral terms and conditions.

The Bottom Line

Most apps usually stop their referral program once they have a large amount of users, so it’s nice to see Venmo offering users a referral bonus to bring new friends to the platform.

Other peer-to-peer payment apps like PayPal, Cash App, and Google Pay also offer a sign-up bonus.

Personally, it’s very convenient to use Venmo to split restaurant bills with friends because *almost* everyone I know has it. While Cash App is growing like crazy, it hasn’t quite caught on in the same way Venmo has for settling IOUs (phonetic acronym for “I owe you”).

I’m an older millennial so I’ll always associate PayPal with eBay and typically use PayPal only there. And Google Pay is rarely used unless I forget my credit cards at home.

Do you use these mobile payment apps differently? Maybe I’m out of touch – let me know in the comments section below.

About John Pham

John Pham is a personal finance expert, serial entrepreneur, and founder of The Money Ninja. He has also been fortunate enough to have appeared in the New York Times, Boston Globe, and U.S. News & World Report. John has a B.S. in Entrepreneurship and a Masters in Business Administration, both from the University of New Hampshire.

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