The fun and easy way to send, spend, and receive money
Make payments using your debit card, credit card, bank account, and more
Track all your payments in one place, and split or share with Venmo friends
Apply for a Venmo Debit Card and take Venmo shopping everywhere Mastercard® is accepted in the U.S.
A quick look at our fees
Venmo doesn't charge for basic services like:
Sending money from a linked bank account, debit card or your Venmo balance.
Receiving/withdrawing money into your Venmo account or using our standard transfer to your bank account.
Venmo also has NO monthly or annual fees. There are some fees for premium features and other services. These are detailed below.
- Monthly fee$0
- Per purchase$0
- ATM withdrawal$0.00 in-network$2.50 out-of-network
- Cash reloadN/A
| ATM balance inquiry (in-network or out-of-network) | $0 |
|---|---|
| Customer service (automated or live agent) | $0 |
| Inactivity | $0 |
| Electronic withdrawal (standard or Instant) | $0 or 1%* (min. $0.25) |
|---|---|
| Sending money to people (balance/debit/bank or credit) | $0 or 3% |
* This fee can be lower depending on how this account is used.
You may be offered overdraft/credit after 30 days. Fees would apply.
Your funds are eligible for FDIC insurance if you added money to your Venmo balance using Direct Deposit.
For general information about prepaid accounts, visit cfpb.gov/prepaid.
Find details and conditions for all fees and services in the Venmo Account Long Form, which can be accessed at venmo.com/about/fees.
A deeper look at all Venmo account fees
| Opening and holding an account | ||
|---|---|---|
| Account setup | $0.00 | No fee to setup an account. |
| Monthly fee | $0.00 | No monthly fees. |
| Spending or sending money | ||
|---|---|---|
| Online purchases | $0.00 | No fee for online purchases. |
| Sending money to people (using your credit card) | 3% | There's a fee for sending money to people using your credit card. |
| Sending money to people (using your balance/debit card/bank) | $0.00 | No fee to send money to people using your Venmo balance, debit card, or bank account. |
| Adding money to your account | ||
|---|---|---|
| Transfer from bank account | $0.00 | No fee when you link your bank and use it to add money to your Venmo account. |
| Receive money from Venmo users | $0.00 | No fee for you when Venmo users send you payments with Venmo. |
| Receive merchant refund | $0.00 | No fee for you when a merchant sends you a refund. |
| Receive money using Direct Deposit | $0.00 | No fee when money is added using Direct Deposit. |
| Transferring money from your account | ||
|---|---|---|
| Electronic withdrawal (standard) | $0.00 | No fee to transfer money from your Venmo account to your bank account with the standard option. The money is typically available in 1-3 business days. |
| Electronic withdrawal (Instant Transfer) | 1% (minimum $0.25 fee, maximum $10 fee) | There’s a fee to transfer money from your Venmo account to your eligible linked debit card or bank account with the Instant Transfer option. The money is typically available in minutes. |
| More information | ||
|---|---|---|
| Customer service (automated) | $0.00 | No fee to call our automated Customer Service line. |
| Customer service (live agent) | $0.00 | No fee to call a Customer Service agent. |
| Real-time alerts | $0.00 | No fee to receive real-time alerts on your phone. Standard text message & data rates may apply. |
| Account statements | $0.00 | No fees for CSV copies of your account statements. |
| Transaction declines due to insufficient funds | $0.00 | No fees for declines due to insufficient funds. |
| Using the Venmo Mastercard® (optional) | ||
|---|---|---|
| Venmo Debit Card acquisition | $0.00 | No fee to get a Venmo Debit Card. |
| ATM withdrawal (in-network) | $0.00 | No fees for ATM withdrawals in the MoneyPass network. Find no-fee ATMs near you at www.moneypass.com. |
| ATM withdrawal (out-of-network) | $2.50 | There's a fee for non-MoneyPass ATM withdrawals. You may be charged an additional amount by the ATM owner even if you don't complete a transaction. |
| ATM balance inquiry | $0.00 | No fee to check your balance at an ATM. You may be charged a fee by the ATM owner. |
| Over-the-counter cash withdrawal (bank and other financial institution) | $3.00 | $3.00 per signature withdrawal if a signature is required to obtain cash. You can withdraw cash at the counter inside participating bank branches or other financial institutions. The fee is charged per signature withdrawal if a signature is required to obtain cash. |
| Automatic reloads (using your bank account) | $0.00 | No fee for reloading your Venmo balance when your Venmo balance is insufficient to cover a purchase made with your Venmo Debit Card. |
| Card replacement | $0.00 | No fee to replace your lost or stolen Venmo Debit Card. |
Your funds are eligible for FDIC insurance if you added money to your Venmo balance using Direct Deposit.
You may be offered overdraft/credit after 30 days. Fees would apply.
Contact Venmo by calling 1-855-812-4430, by mail to Venmo, 117 Barrow Street, New York, NY 10014, or visit venmo.com/contact-us.
For general information about prepaid accounts, visit cfpb.gov/prepaid. If you have a complaint about a prepaid account, call the Consumer Financial Protection Bureau at 1-855-411-2372 or visit cfpb.gov/complaint.
Venmo Visa® and Venmo Visa® Signature Credit Card RATES AND FEES TABLE
| INTEREST RATES AND INTEREST CHARGES | |
|---|---|
| Annual Percentage Rate (APR) for Purchases | The APR for purchases is the prime rate plus (i) 11.99% for Account Type 1, or (ii) 17.99% for Account Type 2, or (iii) 20.99% for Account Type 3. This APR will vary with the market based on the Prime Rate, as defined in the Venmo Visa Credit Card Account Agreement. |
| APR for Cash Advances | The APR for cash advances is the prime rate plus 20.99%. This APR will vary with the market based on the Prime Rate. |
| Paying Interest | Your due date is at least 23 days after the close of each billing cycle. We will not charge you any interest on purchases if you pay your entire balance by the due date each month. We will begin charging interest on cash advances on the transaction date. |
| Minimum Interest Charge | If you are charged interest, the charge will be no less than $2.00. |
| FEES | |
|---|---|
| Annual Fee | None |
| Transaction Fees | |
| Penalty Fees | |
| How We Will Calculate Your Balance | We use a method called “daily balance.” See the Venmo Credit Card Agreement for more details. |
The Venmo Credit Card is issued by Synchrony Bank pursuant to a license from Visa USA, Inc. The information about the costs of the card described above is accurate as of August 1, 2020. This information may have changed after that date. To find out what may have changed, write to Synchrony Bank at P.O. Box 965013, Orlando, FL 32896-5013. The application and the credit card agreement will be governed by federal law, and to the extent state law applies, the laws of Utah. Subject to approval. Terms and conditions apply.
Venmo accounts are issued by PayPal, Inc.