subject: Venmo Fee for Sending Money (516)-951-0492 [print this page]
Sending money on Venmo is free when using your Venmo balance, linked bank account, or debit card. However, using a credit card to send money incurs a 3% fee. This applies to person-to-person payments and is calculated based on the total transaction amount. Additionally, Instant Transfers to your bank or debit card come with a 1.75% fee (minimum $0.25, maximum $25). Otherwise, most basic transactions like receiving money, transferring using standard timing, and in-network payments are free of charge.
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