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Fees & FAQ
Are there fees?
Sending money on Venmo is completely free as long as you use a bank account, supported debit card, or Venmo balance to fund your payments. If you choose to use a credit card, there is a 3% fee.

FEES FOR TRANSFERRING MONEY (SENDER PAYS)
Venmo Balance
FREE
Bank Transfer
FREE
Most Debit Cards
FREE
Credit Card
3%

Receiving money on Venmo is always free.


What’s a Venmo balance?

Money that is in your Venmo account before you cash out. Payments will be funded by your balance unless the payment exceeds it. Payments funded by your balance are free.

What banks work with Venmo?

Your Venmo account works with all the major banks in the United States.

What countries can I use Venmo in?

Venmo can only be used in the U.S.

What phones does Venmo work on?

Use the Venmo app on iPhone, Android, and Blackberry.