Is there a monthly fee to have Venmo?

Venmo generally does not charge a monthly fee just for having an account. You can usually create and maintain a personal Venmo account for free. Fees may apply to specific services, such as instant transfers, credit card funding, certain merchant transactions, or business features. If you only use Venmo for basic peer-to-peer payments from a bank account or debit card, it is often free. That said, fee structures can change, so it is worth reviewing the current terms inside the app. For most casual users, the main cost is not a monthly subscription but occasional transaction-related fees.