What are the fees associated with sending money through Venmo?

5 answers

• Dub OverloadApr 27, 2021 · 5 years ago
  When it comes to sending money through Venmo, there are a few fees that you should be aware of. First, if you're using a credit card to send money, there is a 3% fee. However, if you link your bank account or debit card to Venmo, there is no fee for sending money. Additionally, if you want to transfer your Venmo balance to your bank account instantly, there is a 1% fee, with a minimum fee of $0.25 and a maximum fee of $10. Keep in mind that these fees may vary depending on your location and the type of transaction you're making.
  534

  267
• Aljerreau HartOct 07, 2025 · 2 months ago
  Sending money through Venmo can come with a few fees. If you're using a credit card, you'll be charged a 3% fee. However, if you link your bank account or debit card, there won't be any fees for sending money. It's important to note that if you want to transfer your Venmo balance to your bank account instantly, there will be a 1% fee with a minimum fee of $0.25 and a maximum fee of $10. These fees may differ based on your location and the type of transaction you're making.
  477

  159
• Erasto BentleyApr 25, 2025 · 7 months ago
  When it comes to sending money through Venmo, there are a few fees to consider. If you're using a credit card, you'll be charged a 3% fee. However, if you link your bank account or debit card, there won't be any fees for sending money. It's worth noting that if you want to transfer your Venmo balance to your bank account instantly, there will be a 1% fee with a minimum fee of $0.25 and a maximum fee of $10. Keep in mind that these fees may vary depending on your location and the type of transaction you're making. If you're looking for a fee-free option, you may want to consider using other digital payment platforms.
  623

  156
• Carlos NASSAKOUJan 04, 2024 · 2 years ago
  When it comes to sending money through Venmo, the fees can vary depending on the method you choose. If you're using a credit card, there is a 3% fee. However, if you link your bank account or debit card, there are no fees for sending money. It's important to note that if you want to transfer your Venmo balance to your bank account instantly, there is a 1% fee with a minimum fee of $0.25 and a maximum fee of $10. These fees may differ based on your location and the type of transaction you're making. If you're looking for a fee-free option, you might want to explore other digital payment platforms.
  603

  121
• Trump996Dec 12, 2020 · 5 years ago
  When it comes to sending money through Venmo, there are a few fees involved. If you're using a credit card, you'll be charged a 3% fee. However, if you link your bank account or debit card, there won't be any fees for sending money. It's worth mentioning that if you want to transfer your Venmo balance to your bank account instantly, there will be a 1% fee with a minimum fee of $0.25 and a maximum fee of $10. These fees may vary depending on your location and the type of transaction you're making. If you're looking for a fee-free alternative, you might want to consider using other digital payment platforms.
  613

  103