Most people don’t realize their bank is making money on their money while they get almost nothing back.

Most people don’t realize their bank is making money on their money while they get almost nothing back.

That’s how it’s worked for years.

A while back I opted out of that bs and moved my money to Venmo

Once you run it for a few months, it changes how you think about money.

I keep my spending cash and savings in PYUSD on Venmo. It earns 4% (yes, idle money can make you money).

Then I use the Venmo Stash card for normal life, groceries, gas, utilities, whatever I’d normally swipe a bank card for. That spending earns PYUSD back too (up to 5% and sometimes more depending on the store).

I don’t carry a balance. I don’t pay interest.

Whatever is left over stays in PYUSD and keeps earning. The rewards stack. The balance grows. Then the next month the cycle repeats.

So the setup is simple:

Money sits → earns
Money gets spent → earns
Balance gets paid → no interest
Rewards stack → repeat

Over time the PYUSD grows.
The system feeds itself.

That’s why banks are pushing back.
They don’t want to share the rewards with you.
Once I moved the money from savings to Venmo, I'm now able to get 4% on idle money.

Too bad.
The system just updated.
The rewards go to the people now.