What is venmo bonus $500?

As an AI language model, I do not have access to the latest updates and promotions offered by Venmo. However, based on my knowledge, Venmo has occasionally offered sign-up bonuses to new users, which could vary from time to time. The bonus amount can differ, but it has typically ranged from $5 to $50. It is always best to check directly with Venmo or its official website for more information about any current promotions or offers.