This Venmo fee calculator shows what you receive from a Venmo payment in the US, what the sender pays, and what to charge to end up with a set amount.
Your results
Updates as you type. Fees are rounded to the nearest cent.
| Amount sent to you | |
| Venmo fee | |
| In your Venmo balance | |
| Instant Transfer fee | |
| In your bank |
Standard transfers to your bank are free. Payments to people outside the US aren't included.
What should I charge?
Enter the amount you want to end up with. We work out what to ask for, with the payment type and transfer above.
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Venmo fees (US) in 2026
| Fee | Fee |
|---|---|
| Receiving a goods and services payment (personal profile) | 2.99% |
| Receiving a payment to a business profile | 1.9% + $0.10 |
| Tap to Pay, business profile | 2.29% + $0.09 |
| Receiving a friends and family payment | No fee |
| Sending from your balance, bank account or debit card | No fee |
| Sending with a credit card (paid by the sender) | 3% |
| Standard transfer to your bank | Free |
| Instant Transfer to your bank or debit card | 1.75% (from $0.25 to $25.00) |
SellerCounter isn't affiliated with Venmo. Your Venmo sale receipt is the final word on fees. Spotted a wrong fee? Tell us.
How much does Venmo charge?
Sending money to friends and family is free from a Venmo balance, bank account or debit card. Venmo charges in three cases: a seller fee of 2.99% when a payment to your personal profile is marked as goods and services, 1.9% + $0.10 on payments to a business profile, and 3% for the sender when they pay with a credit card.
Instant Transfer to your bank costs 1.75%, at least $0.25 and at most $25.00. A standard transfer is free.
On a $100 goods and services payment, Venmo keeps $2.99 and you receive $97.01. Moved with Instant Transfer, $95.31 reaches your bank.
Goods and services or friends and family?
If you’re selling something, ask the buyer to mark the payment as goods and services. It costs you 2.99%, but eligible purchases are covered by Venmo’s Purchase Protection for buyers and sellers. Friends and family payments are free, but they’re meant for people you know, and they aren’t covered.
Personal or business profile?
A business profile charges 1.9% + $0.10 per payment instead of 2.99%. That costs less on payments of about $10 or more, so if you sell regularly, it’s worth setting one up. Choose “Business profile” in the calculator to compare.
How the calculator works
- Venmo fee = the rate for your payment type × the amount, plus any fixed fee.
- You receive = the amount − the Venmo fee.
- Instant Transfer fee = 1.75% of what you move, kept between the minimum and maximum.
- The sender pays = the amount, plus 3% if they use a credit card for a personal payment.
Each fee is rounded to the nearest cent. Fees come from Venmo’s fee page. Payments to people outside the US aren’t included.
Venmo fee examples
These examples use the fees as of 1 November 2026.
A $100 goods and services payment, moved with Instant Transfer
| Line | Amount |
|---|---|
| Payment | $100.00 |
| Venmo fee (2.99%) | −$2.99 |
| In your Venmo balance | $97.01 |
| Instant Transfer fee (1.75%) | −$1.70 |
| In your bank | $95.31 |
A $50 payment to a business profile
| Line | Amount |
|---|---|
| Payment | $50.00 |
| Venmo fee (1.9% + $0.10) | −$1.05 |
| You receive | $48.95 |
$200 from a friend who pays with a credit card
| Line | Amount |
|---|---|
| The friend pays | $206.00 |
| Credit card fee, paid by the friend (3%) | $6.00 |
| You receive | $200.00 |
Venmo fee questions
Does Venmo charge to receive money?
Only for goods and services payments to a personal profile (2.99%) and payments to a business profile (1.9% + $0.10). Friends and family payments are free to receive.
What is the Venmo Instant Transfer fee?
1.75% of the amount you move, at least $0.25 and at most $25.00. A standard transfer is free but takes longer.
Who pays the goods and services fee?
The seller, meaning the person receiving the payment. The buyer only pays extra if they use a credit card.
Is this calculator from Venmo?
No. SellerCounter is independent and isn’t affiliated with Venmo or PayPal. We check these fees against Venmo’s own fee page and update this page when they change.