Let’s get you signed up for VenmoBit f4e0219e-b27b-5905-a2ae-ec77e490d2fbBit 1d454c69-1678-52f7-bfbb-fb245af3239a

First, take a look at our fees. Then hit “Next” to fill out your info, and you’ll be on your way to using Venmo.

  • Monthly Fee

    $0

  • Per purchase

    $0

  • ATM withdrawal

    $0.00 in-network

    $2.50 out-of-network

  • Cash reload

    N/A

ATM balance inquiry (in-network or out-of-network)

$0

Customer service (automated or live agent)

$0

Inactivity

$0

We charge 5 other types of fees.

Here are some of them:

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 or the cash a check feature.

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/resources/our-fees.

Answers about Venmo account feesBit b2c72357-446e-56df-964a-2e55f2234932Bit bec5ce00-29ba-52e3-8e5f-c27fe0afea76

Your funds are eligible for FDIC insurance if you added money to your Venmo balance using Direct Deposit or the cash a check feature.

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.

Venmo accounts are issued by PayPal, Inc.

For general information about prepaid accounts, visit cfpb.gov/prepaid. If you have a complaint about a prepaid account, call the Customer 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

Cash Advances

Either $10.00 or 5% of the amount of each cash advance, whichever is greater.

Transaction Fees

Foreign Transaction

None

Penalty Fees

Late Payment

Returned Payment

Up to $40.00

Up to $29.00

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.