Try “wedding”, “budget”, “etsy” or “invoice”.

Venmo Fee Calculator

See what Venmo takes when you get paid for something you sold, and what instant transfer costs.

Updated
No sign-up. Runs in your browser.

Venmo fees Pink cells are yours to edit
B10=B2*B8+B9
ABC
Your numbers
Before any instant transfer
Results
Percentage fee3%
Fixed fee$0.00
Total fee$2.99
Fee as % of payment3%
Charge this to receive your amount$103.08
Instant transfer fee$0.001.75%, min $0.25, max $25
You receive$97.01
Venmo fees+ Side Hustle Income, Expense & Tax Tracker

Estimates for planning and education only, not financial or tax advice. Always check current platform fees and your own numbers.

Venmo seller fees

Paying a friend back is free. Getting paid for goods and services is not. A personal profile pays 2.99% on payments marked as goods and services. A business profile pays 1.9% plus $0.10, or 2.29% plus $0.09 with Tap to Pay.

Moving money to your bank is free with a standard transfer. An instant transfer costs 1.75%, at least $0.25 and at most $25.

The formulas behind it

Every result cell is a plain spreadsheet formula, so you can check the math or rebuild it yourself.

CellResultFormula
B8Percentage fee=CHOOSE(B3, 2.99%, 1.9%, 2.29%)
B9Fixed fee=CHOOSE(B3, 0, 0.1, 0.09)
B10Total fee=B2*B8+B9
B11Fee as % of payment=B10/B2
B12Charge this to receive your amount=(B5+B9)/(1-B8)
B13Instant transfer fee=IF(B4, MIN(MAX((B2-B10)*1.75%, 0.25), 25), 0)
B14You receive=B2-B10-B13

Sources

Rates checked (US). Platforms change fees from time to time.

Questions people ask

How much does Venmo take from $100 for goods and services?

$2.99 on a personal profile, so you receive $97.01. On a business profile it is $2.00.

How much is a Venmo instant transfer?

1.75% of the amount, with a minimum of $0.25 and a maximum of $25.

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