How much does Venmo take?
An independent calculator, not Venmo: nothing to sign in to and nothing to pay here. Enter a sale amount and read the fees.
On a $100.00 sale with the default settings, Venmo takes $2.00 and you keep $98.00 — an effective rate of 2.00%. Venmo deducts 2.99% from a payment tagged as a purchase on a personal profile, 1.9% + 10¢ on a business profile (2.29% + 9¢ for Tap to Pay), and 1.75% (25¢ to $25) to move money out instantly. Sending funded by a credit card costs the sender 3%.
| Sale | Fees | You keep | Effective rate |
|---|---|---|---|
| $10.00 | $0.29 | $9.71 | 2.90% |
| $25.00 | $0.58 | $24.42 | 2.32% |
| $50.00 | $1.05 | $48.95 | 2.10% |
| $100.00 | $2.00 | $98.00 | 2.00% |
| $250.00 | $4.85 | $245.15 | 1.94% |
| $500.00 | $9.60 | $490.40 | 1.92% |
| $1,000.00 | $19.10 | $980.90 | 1.91% |
Open the Venmo calculator → for your own price, shipping, category and options.
How the fee is built
All Venmo fees are a percentage of the payment or transfer amount (some with a fixed cents add-on), deducted from the amount the recipient receives except the credit-card fee, which the sender pays. Sending money funded by a credit card costs the sender 3.00% (waived when paying a business or charity profile); sends funded by balance, debit card or bank are free. Instant Transfer to an eligible debit card or bank costs 1.75% of the transfer amount, minimum $0.25 and maximum $25, deducted from the transfer; standard transfers are free. Receiving a payment the sender tagged as for goods and services on a personal profile costs the seller 2.99% (no fixed part). Business profiles pay 1.9% + $0.10 of the payment total on every payment of $1.00 or more, or 2.29% + $0.09 for Tap to Pay contactless payments; charity profiles pay 1.9% + $0.10. Crypto buys/sells carry a tiered fee by amount (2.20% / 2.00% / 1.80% / 1.50%) plus a spread built into the exchange rate; PYUSD is fee-free. No rounding rule is published.
In Venmo's own words
- Sending money to a Venmo account or U.S. PayPal account using your balance, debit card or bank account $0.00 No fee to send money to a Venmo account or U.S. PayPal account using your Venmo balance, debit card or bank account.
- Sending money to a Venmo account or U.S. PayPal account using your credit card 3.00% There’s a 3.00% fee for sending money to a Venmo account or U.S. PayPal account using your credit card.
- Receive personal payments in your Venmo account from Venmo users. $0.00 No fee for you when Venmo users send you personal payments with Venmo. You will be assessed a fee if the sender identifies the transaction as for goods and services.
- Receive payments in your personal Venmo account that are identified by the sender as for goods and services 2.99% There's a seller transaction fee when you receive a payment that is identified by the sender as for goods and services.
- Receive payments in your charity profile 1.9% + $0.10 There's a charity transaction fee when you receive a payment sent to your charity profile.
- Receive payments in your business profile 1.9% + $0.10 or 2.29% + $0.09 There's a 1.9% + $0.10 transaction fee when you receive a payment sent to your business profile (except for Tap to Pay payments). We assess a 2.29% + $0.09 fee when you receive a payment sent to your business profile through Tap to Pay.
- Electronic withdrawal (standard or Instant Transfer) $0.00 or 1.75% (minimum $0.25 fee, maximum $25 fee) No fee to transfer money from your Venmo account with the standard option. Money transferred with the standard option is typically available in 1-3 business days when sent to a linked bank account and in approximately 48 hours when sent to an eligible linked debit card. There’s a fee to transfer money from your Venmo account to your eligible linked debit card or bank account with the Instant Transfer option. The money is typically available in minutes.
- Buying, selling, or transferring cryptocurrencies Crypto services provided by PayPal Digital, Inc (doing business as Venmo Digital) Cryptocurrency purchase or sale amount: There's a fee for buying or selling cryptocurrencies. Fee will vary based on purchase or sale amount. These fees do not apply to buying and selling PYUSD. $1.00 - $74.99 2.20% $75.00 - $200.00 2.00% $200.01 - $1000.00 1.80% >$1000 1.50%
Source: About Venmo Fees | Venmo (also linked from venmo.com/legal as 'Venmo Long Form Disclosure') · Instant Bank Transfer FAQ | Venmo · Business Profile Transaction Fees | Venmo · Tap to Pay on iPhone FAQ | Venmo · Tap to Pay on Android FAQ | Venmo · Buying and Selling on Venmo FAQ | Venmo · Selling with Personal Profiles | Venmo · Charity Profile Donation Fees | Venmo · Credit Card Fees on Venmo Payments | Venmo · Cryptocurrency FAQ | Venmo · Buying Cryptocurrency on Venmo | Venmo · Selling Cryptocurrency on Venmo | Venmo · Venmo User Agreement (only the header rendered; body is JS-loaded) · Cryptocurrency Terms and Conditions (redirects to paypal.com/us/legalhub/paypal/cryptocurrencies-tnc; fee section defers to fee pages).