Use our Venmo fee calculator to calculate transaction, Instant Transfer, credit card, Goods & Services, seller, and other Venmo fees.
To receive exactly $100.00, send $100.00.
Use our Venmo fee calculator to estimate how much Venmo charges and how much money the recipient receives. Enter the amount, choose the transaction type, and the calculator shows the fee and net amount instantly.
Venmo fees depend on how you send, receive, or transfer money. Standard payments funded with your Venmo balance, bank account, or debit card are generally free, while credit-card payments, Instant Transfers, business payments, Goods & Services payments, and some other services have fees.
Venmo Fees at a Glance
| Transaction type | Venmo fee |
|---|---|
| Send with Venmo balance, bank account or debit card | $0 |
| Send with credit card | 3% |
| Personal payment marked for Goods & Services | 2.99% |
| Business profile payment | 1.9% + $0.10 |
| Business profile Tap to Pay | 2.29% + $0.09 |
| Standard bank transfer | $0 |
| Instant Transfer | 1.75% |
| Instant Transfer minimum | $0.25 |
| Instant Transfer maximum | $25 |
| Payroll/government check, instant cashing | 2%, $6 minimum |
| Other eligible checks, instant cashing | 5%, $6 minimum |
| Out-of-network ATM withdrawal | $2.50 |
Venmo’s current published fee schedule lists these rates and limits.
Venmo Fee Calculator Examples
The actual fee depends on the transaction type. These examples show how the most common percentages affect your payment.
Business Payment Examples
For standard payments received by a Venmo business profile, the fee is 1.9% + $0.10.
| Payment amount | Fee | You receive |
|---|---|---|
| $50 | $1.05 | $48.95 |
| $100 | $2.00 | $98.00 |
| $250 | $4.85 | $245.15 |
| $500 | $9.60 | $490.40 |
| $1,000 | $19.10 | $980.90 |
Personal Goods & Services Examples
Payments received in a personal Venmo account that the sender identifies as Goods & Services are currently charged 2.99%.
| Payment amount | Fee | You receive |
|---|---|---|
| $50 | $1.50 | $48.50 |
| $100 | $2.99 | $97.01 |
| $250 | $7.48 | $242.52 |
| $500 | $14.95 | $485.05 |
| $1,000 | $29.90 | $970.10 |
How to Calculate Venmo Fees
The basic formula depends on the transaction type.
Credit card payment
Fee = Transaction amount × 3%
Example:
$100 × 0.03 = $3.00
Personal Goods & Services
Fee = Transaction amount × 2.99%
Example:
$100 × 0.0299 = $2.99
Business profile payment
Fee = Transaction amount × 1.9% + $0.10
Example:
$100 × 0.019 + $0.10 = $2.00
Instant Transfer
Fee = Transfer amount × 1.75%
The fee has a $0.25 minimum and $25 maximum.
For example:
$500 × 0.0175 = $8.75
So a $500 Instant Transfer has an $8.75 fee and leaves $491.25 after the fee.
How Much Should I Send to Cover the Venmo Fee?
Our calculator also supports reverse calculations. Instead of entering the amount you want to send, enter the amount you want the recipient to receive and the calculator estimates the required gross payment.
For a business payment using 1.9% + $0.10:
| Recipient should receive | Approx. amount to send |
|---|---|
| $50 | $51.07 |
| $100 | $102.04 |
| $250 | $254.95 |
| $500 | $509.79 |
| $1,000 | $1,020.51 |
The exact result can vary by transaction type, so select the applicable fee in the calculator before using the reverse calculation.
How to Avoid Venmo Fees
You can avoid many common Venmo fees by choosing the free option when it fits your situation.
Use your Venmo balance, linked bank account, or debit card when sending money instead of a credit card. Venmo currently charges 3% when you send money using a credit card.
For moving money from Venmo to your bank account, choose a standard transfer when you do not need the money immediately. Standard transfers are free, while Instant Transfers cost 1.75%, subject to the $0.25 minimum and $25 maximum. Standard transfers are typically available within 1–3 business days.
Frequently Asked Questions
Does Venmo charge a fee to send money?
Usually not. Sending money using your Venmo balance, linked bank account, or debit card is free. Sending money with a credit card has a 3% fee.
Does Venmo charge a fee to receive money?
Personal payments are generally free. However, a 2.99% seller transaction fee applies when a payment received in a personal account is identified as Goods & Services. Business profiles have a separate 1.9% + $0.10 standard transaction fee.
How much does Venmo charge for Instant Transfer?
Venmo charges 1.75%, with a $0.25 minimum and $25 maximum. The money is typically available within minutes when the transfer is eligible.
Is a Venmo bank transfer free?
A standard transfer to a linked bank account is free. Venmo states that standard transfers are typically available in 1–3 business days.
How much is the Venmo fee on $100?
It depends on the transaction. A $100 business-profile payment costs $2.00 in fees, while a $100 personal Goods & Services payment costs $2.99. A $100 credit-card payment costs $3.00. Use the Venmo fee calculator above to select the correct transaction type and calculate the exact amount.
How can I calculate my Venmo fee?
Enter your amount in the Venmo fee calculator, select the transaction type, and the calculator will show the fee, net amount, and applicable rate. It also supports reverse calculations for determining how much to send when you want the recipient to receive a specific amount.
Fee information can change. The calculator uses the Venmo fee schedule available at the time this page was updated. Always check Venmo’s official fee information for the latest terms.