Question 1

What is Venmo's instant transfer fee?

Accepted Answer

Venmo charges 1.75% (with a minimum of $0.25 and a maximum of $25) for instant transfers to a linked debit card or bank account. Standard bank transfers (1-3 business days) are free.

Question 2

What are Venmo business profile fees?

Accepted Answer

Venmo business profiles pay 1.9% + $0.10 per transaction for receiving payments for goods and services. Personal payments marked as 'goods and services' also incur this seller transaction fee, and the buyer may be charged a small purchase fee.

Question 3

Is sending money with Venmo free?

Accepted Answer

Sending money from a linked bank account, debit card, or your Venmo balance is free. Sending from a linked credit card incurs a 3% fee. Receiving money is free for personal payments.

Question 4

Does this calculator include Venmo purchase fees?

Accepted Answer

The business profile mode shows the seller-side fee (1.9% + $0.10). Buyers may also see a small purchase fee on some transactions — that buyer-side fee is not shown here.

Question 5

Are the fee rates current?

Accepted Answer

Rates reflect approximate 2025-2026 Venmo pricing. Always confirm the current fee schedule on venmo.com before relying on the numbers for business decisions.