Venmo Debit Card Fees-Venmo App Fee Calculator [2022]

Venmo Debit Card Fees

Venmo offers its users a Venmo debit card that works on the network on Mastercard. The Venmo debit card can be used to make purchases as well as to withdraw money from ATMs. It works wherever the Mastercard is accepted in the U.S. and its territories.

If you have a Venmo account you are eligible to apply for a Venmo debit card. For starters, applying for a Venmo debit card does not require any additional fee. From registration to the doorstep delivery, opt for your Venmo debit card at zero cost.

Added to that, there are no fees applicable if you use your Venmo debit card for purchases at stores. If you are paying the bill using your Venmo debit card to any merchant, there will be no fee charged for the transaction.

However, if you are using an ATM to withdraw your funds using your Venmo debit card, there is a nominal fee of $2.50 which comes under Domestic withdrawal fees. Moreover, if you go for the counter withdrawal service or in any financial institution or bank where the signature is required, there will be an additional fee of $3.00. It is categorized as the Counter withdrawal fee.

For starters, there are ways in which you can use your Venmo debit card without bearing any fee. To avoid external fees charged on withdrawal from an ordinary ATM, you may use a MoneyPass ATM within the U.S. You heard that right! When you withdraw funds from a MoneyPass ATM, you need not pay any withdrawal fee.

Also Check:- Is it Safe to Use Debit Card on Venmo?

Venmo Debit Card International Fees

venmo debit card fee

As of now Venmo card is only available for U.S. Citizens only and is not functional beyond the borders of America. If you are a U.S. residential citizen you can use the Venmo card within the U.S. and in its confined territories only, and not in any other country.

So, if your Venmo card cannot be used internationally then the answer to this question is obvious: there are no applicable Venmo debit card international fees.

Also Check:- Venmo Debit Card Cashback Rewards $1000

Venmo Debit Card ATM Fees

Venmo offers its customers a Venmo debit card that can be used by the users to withdraw money from ATMs. Also, it can be used to make purchases in the stores wherever Mastercard is accepted.

You can use your Venmo card to withdraw funds that are available in your Venmo account. For doing this you can walk into an ATM that accepts Mastercard, Pulse, or Cirrus. There is a nominal fee of $2.50 associated with ATM withdrawals. This fee comes under the category of Domestic withdrawal fees.

However, there is a method to withdraw your funds without paying any external fee for withdrawal. All you need to do is find a MoneyPass ATM (within the U.S). Withdrawing funds from a MoneyPass ATM won’t cost you any extra charge fee.

Are there Hidden fees with a Venmo debit card?

There is no fee charged while making a purchase using your Venmo debit card. However, you can be charged a fee of $2.50 for withdrawing your funds from an ATM. Also, you can be charged an amount of $3.00 if you opt to use the Counter withdrawal method to withdraw your funds from your Venmo account balance.

Also, there are no other hidden charges or fees applicable other than the withdrawal one.

How much does Venmo charge for Debit Cards?

Venmo has its own debit card known as the Venmo debit card. It comes with a set of fees that are applicable for certain activities. 

Venmo charges about $2.50 as a domestic withdrawal fee. If you withdraw your funds using the ATM that supports Mastercard, you need to pay this domestic withdrawal fee. However, you can save this fee if you happen to withdraw funds from a MoneyPass ATM. Yes, MoneyPass withdrawals are free of any additional charges.

Also, Venmo charges about $3.00 as a Counter withdrawal fee. It is applicable when you make a withdrawal from the bank or any financial institution that requires a signature to process your transaction.

Venmo app Fee Calculator

Venmo charges a fee on withdrawals that are associated with ATMs and those which are associated with a bank or any financial institution.

You must know that Venmo charges about $2.50 for every withdrawal made using the ATM, known as the domestic withdrawal fee.

Also, Venmo charges you an amount of $3.00 for every withdrawal that is made through a bank or any financial institution. It is categorized as a counter withdrawal fee.

You may use a fee calculator that is offered by third parties for exact fee calculation. It is for educational and research purposes only, as Venmo does not provide you any official fee calculator.

Leave a Comment