How Venmo Fees Work on Your Account
Venmo charges a 1.75% fee (minimum $0.25, maximum $25.00) on instant transfers to your bank or debit card. Standard bank transfers — the ones that take one to three business days — are free. When you fund your vegaswow account using a Venmo balance that came from a debit card purchase inside the Venmo app, Venmo applies a 3% transaction fee on
their end before the funds ever reach us. That means your actual deposit amount is net of whatever Venmo deducted upstream. We don't add a fee on top of that; what arrives in your vegaswow wallet is what we credit. Players in New York using Venmo linked to a checking account via standard ACH avoid all of those upstream charges entirely.