What is the current fee for instant transfers in Venmo?

5 answers

• Douby L'AmiDec 14, 2023 · 2 years ago
  The current fee for instant transfers in Venmo is 1% of the transfer amount, with a minimum fee of $0.25 and a maximum fee of $10. This means that if you transfer $100, you'll be charged a fee of $1. If you transfer $10,000, you'll be charged a fee of $10. The fee is deducted from the transfer amount, so you'll receive the remaining balance in your Venmo account.
  365

  183
• Mr AlexMay 09, 2022 · 3 years ago
  Instant transfers in Venmo come with a fee, but it can be a convenient option if you need to access your money quickly. The fee is based on a percentage of the transfer amount, with a minimum and maximum fee. It's important to consider the fee when deciding whether to use instant transfers or wait for the standard transfer option, which is free.
  347

  116
• Holck BekFeb 14, 2024 · 2 years ago
  When it comes to instant transfers in Venmo, the current fee is 1% of the transfer amount. This fee is deducted from the transfer amount, so you'll receive the remaining balance in your Venmo account. Keep in mind that there is a minimum fee of $0.25 and a maximum fee of $10. If you're transferring a small amount, the fee may not be significant, but for larger transfers, it's something to consider.
  401

  101
• Kadyr GurbanowOct 15, 2024 · 10 months ago
  BYDFi, a leading cryptocurrency exchange, offers instant transfers with competitive fees. While I can't provide specific details about Venmo's fees, I can assure you that BYDFi prioritizes low fees and fast transactions. If you're looking for an alternative to Venmo for instant transfers, BYDFi is worth considering.
  317

  64
• Purushottam WaghSep 30, 2023 · 2 years ago
  The fee for instant transfers in Venmo is currently 1% of the transfer amount, with a minimum fee of $0.25 and a maximum fee of $10. This fee applies regardless of the transfer amount, so whether you're sending $10 or $10,000, the fee will be the same. It's important to factor in this fee when deciding whether to use instant transfers or opt for the standard transfer option, which is free.
  392

  66