## Venmo Fee Calculator

Let’s calculate how much fee to pay on Venmo via easy-to-use Venmo Fee Calculator.

Venmo Fee Calculator
Fee Amount: \$0.00

Disclaimer: Venmo charger a fee for Business accounts.

For Personal accounts, Venmo does not charge for sending money from a linked bank account, debit card, or your Venmo account. There is a 3% fee for sending money using a linked credit card.

## I thought Venmo was Fee-Free?

Venmo charges a fee for Business Profiles.

Personal debit card transactions are fee-free on Venmo.

For payments sent to your business profile from another Venmo account, the seller transaction fee is a standard rate of 1.9%+\$0.10 of the payment.

## Venmo Contactless Fee

For contactless payments, Seller transaction fee is 2.29%+\$0.10 of the payment.

Contactless payments are accepted with Tap to Pay on iPhone or Tap to Pay on Android.

## How to Use Venmo Fee Calculator?

Effortlessly calculate Venmo fees with these easy steps:

1. Input Amount: Type in the amount for your transaction in the ‘Amount’ field.
2. Choose Fee Rate: Select the appropriate fee rate from the dropdown menu – options include “Seller Transaction Fee”, “Instant Transfer”, and “Cryptocurrency Transactions”.
3. Get Results: The calculator instantly displays the fee and explains how it affects the transaction, showing both the amount the receiver gets and what to send for them to receive a specific amount.

## What If I Use Debit Card?

For Personal accounts (not Business accounts), Venmo does not charge for sending money from a linked bank account, debit card, or your Venmo account. There is a 3% fee for sending money using a linked credit card.

## FAQ

1.9% + \$0.10

• ### Are there minimum and maximum limits for fees?

Yes, for Electronic Withdrawal Instant Transfers, the fee has a minimum of \$0.25 and a maximum of \$25.

• ### How is the fee calculated for cryptocurrency transactions?

The fee depends on the transaction amount, with fixed fees for lower amounts and percentage-based fees for higher amounts.

• ### Is this calculator updated with the latest Venmo fees?

Last time the calculator updated is on December 2023.

\$19.10

No.

• ### How is Venmo fee calculated?

1.9% + \$0.10
Get 1.9% of the amount and add 10 cents.

• ### Which is cheaper Venmo or PayPal?

PayPal charges a 2.90% fee for personal debit card transactions, while personal debit card transactions are fee-free on Venmo.

• ### How do I avoid Venmo fees?

Don’t pay with a credit card. Pay with your Venmo balance or linked bank account or debit card.

• ### Can I send \$5000 through Venmo?

Yes, \$5000 is the highest limit.

• ### What is the maximum and minimum transfer limit on Venmo?

\$5000 and \$0.25

No.

• ### How long can money stay in Venmo?

As long as you want.