Venmo takes 2.99% when someone pays you for goods and services on a personal account, and 1.9% + $0.10 on a business profile. Instant Transfer to your bank costs 1.75%, with a $0.25 minimum and a $25 maximum. Sending money with a credit card adds 3%. Sending from your balance, bank account or debit card is free.
Put your amount in the calculator below. It shows the Venmo fee and what you keep. It can also work backward and tell you how much to ask for if you want to end up with a set amount.
Written by Ajay Kumar. Fees checked against Venmo’s own fee page on October 15, 2026.
How this calculator works
Receiving a payment: the fee is the payment amount times the percentage, plus any fixed fee. Personal accounts pay 2.99% with no fixed fee. Business profiles pay 1.9% plus $0.10. Tap to Pay payments on a business profile pay 2.29% plus $0.09.
What to charge: to keep a set amount, the calculator works backward and finds the smallest payment that still leaves you with that amount after the fee.
Instant Transfer: 1.75% of the amount, with a minimum fee of $0.25 and a maximum fee of $25. A standard transfer to your bank is free but takes longer.
Credit card: sending money with a credit card adds a 3% fee on top of the amount.
Fees are rounded to the nearest cent, so Venmo may differ by a cent here and there.
How much does Venmo charge?
Venmo charges nothing for most everyday use. The fees apply when you get paid for goods and services, take your money out instantly, or send with a credit card.
| What you do | What Venmo charges |
|---|---|
| Get paid for goods and services (personal account) | 2.99% |
| Get paid on a business profile | 1.9% + $0.10 |
| Business profile payment with Tap to Pay | 2.29% + $0.09 |
| Instant Transfer to your bank or debit card | 1.75% (minimum $0.25, maximum $25) |
| Standard transfer to your bank | Free |
| Send money with a credit card | 3% |
| Send from your balance, bank account or debit card | Free |
| Get money from a friend | Free |
What is the Venmo goods and services fee?
The Venmo goods and services fee is a seller fee. It is charged to the person who receives the money, not the person who sends it. It applies when the sender marks a payment as goods and services, such as when they pay you for an item or a service.
On a personal account the fee is 2.99%. On a business profile it is 1.9% plus 10 cents.
The 10 cents matters on small payments. On a payment of $9.17 or less, the personal rate costs less. Above $9.17, the business profile is cheaper, and the gap grows as the payment gets bigger. On a $500 payment you would pay $14.95 on a personal account and $9.60 on a business profile.
Not sure which payment type to pick? Our guide to Venmo Goods and Services vs Friends and Family also covers Purchase Protection, withdrawals and taxes.
If a friend pays you back for dinner and sends it as a normal payment, you pay nothing.
What is the Venmo Instant Transfer fee?
Instant Transfer is the fast way to withdraw money from your Venmo balance to your bank account or debit card. It usually arrives within minutes. The Venmo transfer fee for this is 1.75% of the amount, with a minimum of $0.25 and a maximum of $25.
On $100 the withdrawal fee is $1.75. On $500 it is $8.75, and on $1,000 it is $17.50. The $25 maximum starts at about $1,428.57, so a $5,000 transfer costs the same $25 as a $1,500 one. The $0.25 minimum covers amounts up to about $14.29.
A standard transfer is free. Venmo says it usually takes 1 to 3 business days to reach a linked bank account, and about 48 hours to reach an eligible debit card. If you are not in a rush, standard is the cheaper way to withdraw.
Does Venmo charge a fee to send money?
Not if you pay with your Venmo balance, a linked bank account or a debit card. Those are free.
Venmo does charge 3% when you send with a credit card. It is added on top of what you send, so a $100 payment costs $103. The easiest way to avoid it is to switch the payment source to your bank account or debit card before you tap pay.
Venmo fees by amount
Here is what Venmo charges on common amounts. A fee can differ by a cent from rounding.
| Amount | Instant Transfer | Personal (goods and services) | Business profile | Credit card send |
|---|---|---|---|---|
| $100 | $1.75 | $2.99 | $2.00 | $3.00 |
| $200 | $3.50 | $5.98 | $3.90 | $6.00 |
| $400 | $7.00 | $11.96 | $7.70 | $12.00 |
| $500 | $8.75 | $14.95 | $9.60 | $15.00 |
| $600 | $10.50 | $17.94 | $11.50 | $18.00 |
| $700 | $12.25 | $20.93 | $13.40 | $21.00 |
| $1,000 | $17.50 | $29.90 | $19.10 | $30.00 |
| $1,500 | $25.00 | $44.85 | $28.60 | $45.00 |
| $3,000 | $25.00 | $89.70 | $57.10 | $90.00 |
| $5,000 | $25.00 | $149.50 | $95.10 | $150.00 |
| $10,000 | $25.00 | $299.00 | $190.10 | $300.00 |
| $20,000 | $25.00 | $598.00 | $380.10 | $600.00 |
How much should I ask for to cover the Venmo fee?
If you want to end up with a certain amount, you need to ask for a bit more. You cannot just add the fee to your price, because Venmo takes its percentage from the larger total too.
Use the “What I want to keep” option in the calculator and it does the math for you. A few examples:
- To keep $100 on a personal account, ask for $103.08.
- To keep $100 on a business profile, ask for $102.04.
- To keep $500 on a business profile, ask for $509.79.
- To keep $1,000 on a personal account, ask for $1,030.82.
Why did Venmo charge me $10 or $25?
- A $10 fee is often an Instant Transfer of about $571. It can also be a goods and services payment of about $334 on a personal account.
- A $25 fee is often an Instant Transfer of $1,428.57 or more, because $25 is the most Venmo charges for one. It can also be a goods and services payment of about $836 on a personal account, or a $833.33 payment sent with a credit card.
- A fee on a payment you received means the sender marked it as goods and services.
Open the transaction in the app to see which fee was applied.
Other Venmo fees
| Fee | Amount |
|---|---|
| ATM withdrawal, MoneyPass network | Free |
| ATM withdrawal, other ATMs | $2.50 |
| ATM withdrawal outside the U.S. | $2.50 |
| Venmo Debit Card purchases or ATM use outside the U.S. | 2.5%, starting November 4, 2026 |
| Add cash at participating stores | $3.74 |
| Cash a check, payroll or government | 2% (minimum $6) |
| Cash a check, other | 5% (minimum $6) |
| Send to a non-U.S. PayPal account | 5% (minimum $0.99, maximum $4.99) |
| Charity profile payments | 1.9% + $0.10 |
| Buy or sell crypto, $1 to $74.99 | 2.2% |
| Buy or sell crypto, $75 to $200 | 2.0% |
| Buy or sell crypto, $200.01 to $1,000 | 1.8% |
| Buy or sell crypto, over $1,000 | 1.5% |
Venmo says the crypto fees do not apply to buying and selling PYUSD.
How much can you send on Venmo?
Venmo’s help page says that if you have not verified your identity, you have a weekly spending limit of $299.99. That limit includes payments to people and to authorized merchants. Once you complete identity verification, it is possible to send up to $60,000 per week.
Most limits on your Venmo account are rolling weekly limits, which means each payment counts against your limit for one week. Venmo also notes that a payment may be declined for reasons other than your limits.
So a verified account can send amounts like $5,000, $10,000 or $20,000 within a week. Limits for a single transfer and for Instant Transfer are not listed on that page, so check them in your app.
Frequently asked questions
Does Venmo charge a fee?
Not for most personal use. Sending from your balance, bank account or debit card is free, and so is receiving money from friends. Fees apply to goods and services payments, credit card sends and Instant Transfer.
Who pays the Venmo goods and services fee?
The person receiving the money. The sender pays the amount shown, and Venmo takes the fee out of the payment.
How much is the Venmo fee for goods and services?
2.99% on a personal account. 1.9% plus $0.10 on a business profile.
How much does Venmo charge for an instant transfer of $500?
$8.75. That is 1.75% of $500.
How much does Venmo charge for $1,000?
It depends on what you are doing. An Instant Transfer costs $17.50. A goods and services payment costs $29.90 on a personal account or $19.10 on a business profile. Sending $1,000 with a credit card costs $30.
Does Venmo charge a 3% fee?
Yes, when you send money with a credit card.
How do I avoid the 3% fee on Venmo?
Pay from your Venmo balance, a bank account or a debit card instead of a credit card.
What is the maximum fee on Venmo?
Instant Transfer is capped at $25. Other fees, such as goods and services, have no cap, so they grow with the amount.
Is a standard Venmo transfer free?
Yes. It usually takes 1 to 3 business days to reach a bank account.
Is a business profile cheaper than a personal account for selling?
For payments over $9.17, yes. Below that, the 10 cent fixed fee makes the business profile cost more.
Can I send $5,000, $10,000 or $20,000 on Venmo?
Yes, if you have verified your identity. Venmo’s help page says it is possible to send up to $60,000 per week with a verified account. Without verification, the weekly limit is $299.99. A payment can still be declined for other reasons.
Why did Venmo charge me when a friend sent me money?
The sender marked it as goods and services. Payments sent as normal personal payments are free for you.
Is this Venmo fee calculator official?
No. It is an independent tool that uses the fees listed on Venmo’s own fee page. Venmo can change its fees, so confirm in the app before you send or charge.
Where these fees come from?
The fees on this page come from Venmo’s fee page. The limits come from Venmo’s help page on personal profile payment limits. We checked both on October 15, 2026, and we recheck them regularly. You can read how we build our tools on the How We Calculate page.
Venmo is a PayPal service. If you sell on other platforms, try our PayPal fee calculator, Stripe fee calculator or Shopify fee calculator, or browse all fee calculators.