Venmo Fee Calculator
Enter your sale price to see the exact Venmo fees and what you'll actually keep.
How Venmo fees work
Venmo charges sellers a 1.9% + $0.10 fee on payments tagged as goods and services. Standard payments between friends from a bank or balance are free, but those offer no purchase protection. For selling, the goods-and-services fee is the relevant one and it's among the lower rates for peer-to-peer apps.
Venmo fee breakdown
| Goods & services fee | 1.9% + $0.10 |
|---|---|
| Friends & family | Free (no protection) |
| Instant transfer | Optional extra fee to cash out instantly |
Worked example
Say you sell an item for $60.00 on Venmo:
| Sale total | $60.00 |
|---|---|
| Payment processing | −$1.24 |
| You keep | $58.76 |
That's $1.24 in total fees, or about 2.1% of the sale. Use the calculator above for your own numbers.
How to reduce your Venmo fees
- Venmo's 1.9% + $0.10 is cheaper than PayPal's goods-and-services rate, despite PayPal owning Venmo.
- Only goods-and-services payments include purchase protection; friends-and-family is free but unprotected.
- Instant transfers to your bank cost a small percentage; standard transfers are free.
- Tag business sales correctly — mislabeling to dodge fees violates Venmo's terms and voids protection.
Frequently asked questions
How much does Venmo take in fees?
Enter your sale price above and this calculator breaks down the exact Venmo fees and shows your net payout. The fee note under the result explains the rate used.
Does this include payment processing fees?
Yes — where the marketplace charges a separate payment processing fee, it's included in the total. The breakdown shows the marketplace fee and payment fee separately so you can see both.
Are these fee rates accurate?
They reflect Venmo's commonly-published standard US rates. Marketplaces change fees periodically and some categories or seller tiers differ, so treat the result as a close estimate and check your account for your exact rate.
Is it free?
Completely free, no sign-up. The calculation runs in your browser and nothing you enter is stored.
Fee rates reflect Venmo's commonly-published standard US rates and can change. Some categories and seller tiers differ — treat the result as a close estimate and check your account for your exact rate.