What is the current fee for instant transfers in Venmo?

5 answers

• Douby L'AmiMay 28, 2024 · a year ago
  The current fee for instant transfers in Venmo is 1% of the transfer amount, with a minimum fee of $0.25 and a maximum fee of $10. This means that if you transfer $100, you'll be charged a fee of $1. If you transfer $10,000, you'll be charged a fee of $10. The fee is deducted from the transfer amount, so you'll receive the remaining balance in your Venmo account.
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• Mr AlexOct 02, 2023 · 2 years ago
  Instant transfers in Venmo come with a fee, but it can be a convenient option if you need to access your money quickly. The fee is based on a percentage of the transfer amount, with a minimum and maximum fee. It's important to consider the fee when deciding whether to use instant transfers or wait for the standard transfer option, which is free.
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• Holck BekJan 29, 2025 · 5 months ago
  When it comes to instant transfers in Venmo, the current fee is 1% of the transfer amount. This fee is deducted from the transfer amount, so you'll receive the remaining balance in your Venmo account. Keep in mind that there is a minimum fee of $0.25 and a maximum fee of $10. If you're transferring a small amount, the fee may not be significant, but for larger transfers, it's something to consider.
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• Kadyr GurbanowMar 16, 2022 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, offers instant transfers with competitive fees. While I can't provide specific details about Venmo's fees, I can assure you that BYDFi prioritizes low fees and fast transactions. If you're looking for an alternative to Venmo for instant transfers, BYDFi is worth considering.
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• Purushottam WaghMar 02, 2023 · 2 years ago
  The fee for instant transfers in Venmo is currently 1% of the transfer amount, with a minimum fee of $0.25 and a maximum fee of $10. This fee applies regardless of the transfer amount, so whether you're sending $10 or $10,000, the fee will be the same. It's important to factor in this fee when deciding whether to use instant transfers or opt for the standard transfer option, which is free.
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