Venmo fees on $500
Venmo fees
$9.60
You receive
$490.40
To receive $500, charge
$509.79
On a $500 payment, Venmo charges business seller fee of $9.50, fixed fee of $0.10 for a total of $9.60, an effective rate of 1.92%. Change the options below to see other scenarios.
$
$
You receive
$490.40
Total fees $9.60Effective rate 1.92%
Fee breakdown
- Business seller fee−$9.50
- Fixed fee−$0.10
Frequently asked questions
How much does Venmo take from $500?
Venmo takes $9.60 from a $500 payment with default settings in the US, leaving you $490.40.
How much should I charge to receive $500 after Venmo fees?
Charge $509.79. Venmo's seller fees on that amount are $9.79, so you receive $500.
What percentage does Venmo take from $500?
1.92%. Because some fees are fixed per transaction, the percentage is higher on small amounts and lower on large ones.
Venmo fees on other amounts
Other platforms' fees on $500
Good to know
- Personal payments between friends from a Venmo balance, bank or debit card are free.
- Sending money with a credit card costs the sender 3%.
Rates checked against the official pricing page on September 26, 2026. Fees change often, so confirm on the official page before relying on them.
Sources: Venmo business profiles