How much does venmo charge for instant transfer?

[daisy]

I use Venmo often. How much does Venmo charge for instant transfer, and are there any limits or fees I should know?

 

[robertwilliam]

Venmo fees are 1.75% per instant transfer (min $0.25, max $25 per transfer).

Instant transfers take minutes, standard transfers (1-3 business days) are free.

 

[alexmetro]

Venmo charges 1.75% of the transfer amount for instant transfers, with a minimum of $0.25 and a cap of $25. Standard bank transfers are free but take 1 to 3 business days.

 

[Jonycooper]

Venmo assesses a charge for instant transfer depending on a percentage of the amount you are transferring. As of now, the charge is 1. 75% of the amount that is being transferred with a minimum of $0. 25 and a maximum of $25 per each transaction. Instant transfers normally get credited within minutes, so they are great when you are in a hurry for cash. On the other hand, if you go for the standard transfer option, it is entirely free but the money will be with you after 1-3 working days approximately. Being aware of what this difference is will enable you to make a decision as to whether the extra cost of speed is worth it for you.

 

[Peter]

Venmo currently charges 1.75% of the transfer amount for an instant transfer, with a minimum fee of $0.25 and a maximum fee of $25. For example, transferring $100 instantly would cost $1.75, while a $10 transfer would still cost the minimum $0.25. Standard transfers (usually 1–3 business days) are free.

 

[robert]

Venmo charges a fee equivalent to 1.75% of the transfer amount for immediate transfers to a connected bank account or debit card; however, the minimum fee charged is $0.25, while the maximum fee charged is $25 per transfer. Free bank transfers are not instant.