title: Venmo Fee Calculator description: Calculate Venmo fees for standard transfers, credit cards, instant transfers, and business payments
What is the Venmo Fee Calculator?
The Venmo Fee Calculator helps you understand the fees associated with different Venmo transactions. Whether you're sending money to friends, using a credit card, or running a business account, this tool shows you exactly what you'll pay.
Venmo Fee Structure (2024)
Standard Transfers - Free
Sending money using your Venmo balance, bank account, or debit card is completely free. This is the most cost-effective way to use Venmo.
Credit Card Payments - 3%
If you send money using a credit card, Venmo charges a 3% fee. This fee is paid by the sender.
| Amount Sent | Credit Card Fee | Total Cost |
|---|---|---|
| $50 | $1.50 | $51.50 |
| $100 | $3.00 | $103.00 |
| $500 | $15.00 | $515.00 |
Instant Transfer - 1.75%
Want your money faster? Instant transfers to your bank account cost 1.75% with a minimum of $0.25 and maximum of $25.
Business Accounts - 1.9% + $0.10
Venmo for Business charges 1.9% + $0.10 per transaction for businesses accepting payments.
How to Use This Calculator
- Enter the transaction amount in USD
- View all fee scenarios automatically calculated
- Compare options to choose the most cost-effective method
- See your exact costs for each transfer type
Frequently Asked Questions
Is Venmo free to use?
For personal use with bank accounts or debit cards, Venmo is completely free. Fees only apply for credit cards, instant transfers, and business accounts.
How long do standard Venmo transfers take?
Standard transfers to your bank account typically take 1-3 business days.
Can I avoid the 3% credit card fee?
Yes! Simply use your Venmo balance, linked bank account, or debit card instead of a credit card.
What's the maximum instant transfer fee?
The instant transfer fee is capped at $25, regardless of the transfer amount.
Is Venmo safe for business?
Yes, Venmo for Business includes purchase protection and is backed by PayPal's security infrastructure.
Tips to Save on Venmo Fees
- Use bank or debit - Always free for personal use
- Avoid credit cards - 3% adds up quickly
- Plan ahead - Skip instant transfers when you can wait
- Compare platforms - Venmo may not always be cheapest for business
Venmo vs Other Apps
| Feature | Venmo | Cash App | Zelle |
|---|---|---|---|
| Standard Transfer | Free | Free | Free |
| Instant Transfer | 1.75% | 1.5% | N/A (instant) |
| Credit Card | 3% | 3% | N/A |
| Business Fee | 1.9% + $0.10 | 2.75% | N/A |