Venmo fee calculator
Payments for goods and services to a personal Venmo profile cost the seller 2.99%. Business profiles pay 1.9% plus $0.10. Instant transfers to your bank cost 1.75% (min $0.25, max $25); standard transfers are free.
Rates checked October 16, 2026
Your costs, for profit
- Buyer pays
- $50.00
- Seller transaction fee2.99%
- −$1.50
- Platform cut
- −$1.50 3.0% of $50.00
- You receive
- $48.50
You keepVenmo's cut
Venmo fees at common prices
With and the standard options above.
| Payment amount | Venmo fees | Effective rate | You receive |
|---|---|---|---|
| $10.00 | $0.30 | 3.0% | $9.70 |
| $25.00 | $0.75 | 3.0% | $24.25 |
| $50.00 | $1.50 | 3.0% | $48.50 |
| $100.00 | $2.99 | 3.0% | $97.01 |
| $250.00 | $7.48 | 3.0% | $242.52 |
| $500.00 | $14.95 | 3.0% | $485.05 |
Venmo fee schedule
| Fee | Rate | Charged on |
|---|---|---|
| Goods & services, personal profile | 2.99% | Payment received |
| Business profile | 1.9% + $0.10 | Payment received |
| Business Tap to Pay | 2.29% + $0.09 | Payment received |
| Friends & family | Free | Bank, debit card or balance |
| Instant transfer | 1.75%, min $0.25, max $25 | Amount transferred |
Older articles quote 1.9% + $0.10 for goods & services on personal profiles. Venmo now charges 2.99%; the 1.9% rate applies to business profiles.
Sources: Venmo: Our fees; Venmo: Business profile fees. Fees change; check the platform before relying on a number.
Questions
How much does Venmo charge to receive $100 for goods?
$2.99 on a personal profile, so you get $97.01. On a business profile it's $2.00.
Why do other sites say 1.9% + $0.10?
That's the business profile rate. Venmo raised the goods & services fee for personal profiles to 2.99%.
Are friends & family payments free?
Yes, from a bank account, debit card or Venmo balance. Credit card payments cost the sender 3%.