# Venmo vs EdFed

The clearest difference is rating: Venmo at 4.8 against EdFed's 3.0. Venmo also leads on ratings volume (15M vs 127) and update cadence (every 11 days vs monthly). EdFed's advantage is review sentiment (28% vs 15%). On price, ads, in-app purchases and monetization model there is nothing between them.

Both are free to download. Neither carries in-app purchases, so what you see is what you pay.

Venmo holds the better App Store score, 4.8 against 3.0. That said, the two scores are not equally well evidenced: Venmo has 15M ratings behind it against 127, so its average is the more settled of the two. Written reviews complicate that: 15% of Venmo's written reviews are positive against 28% of EdFed's, so the app with the better star average is not the one people write more warmly about.

Venmo ships an update every 11 days, EdFed monthly. The most recent releases landed on September 25, 2026 and September 21, 2026 respectively.

## The numbers

| Metric | Venmo | EdFed |
| --- | --- | --- |
| Price | Free | Free |
| Rating | **[4.8 (15M ratings)](https://appshunter.io/ios/app/venmo/id351727428/reviews)** | [3.0 (127 ratings)](https://appshunter.io/ios/app/edfed/id433267554/reviews) |
| Number of ratings | **15M** | 127 |
| Positive reviews | 14.6% of reviews | **28.0% of reviews** |
| In-app purchases | No | No |
| Ads | No | No |
| Update frequency | **Every 11 days** | Monthly |
| Monetization | Free with in-app purchases | Free with in-app purchases |
| Best chart rank | **#5** | — |
| Size | 701 MB | 120 MB |
| Requires iOS | 17.0 | **16.0** |
| Devices | iPhone, iPad | iPhone, iPad |
| Age rating | 12+ | 4+ |
| Developer | [Venmo](https://appshunter.io/developer/351727431) | [Educational Federal Credit Union](https://appshunter.io/developer/1386231695) |

## What reviewers say

### Venmo

[App page](https://appshunter.io/ios/app/venmo/id351727428)

**Currently charting:** #5 Top Free · Finance, #54 Top Free (US App Store)

A fast, safe, and social way to send and receive money with friends and family. Easily split bills, buy crypto, and manage your finances with integrated debit and credit cards.

**Highlights:** Send and receive money, Split payments among friends, Buy, hold, and sell cryptocurrency, Venmo credit and debit cards, Teen accounts, Business profiles, Instant transfers and direct deposit

**Features:** Apple Wallet, iMessage stickers, Vision Pro support

**In-app purchases:** none

**What reviewers like**

- 🚀 Reliable, user-friendly, and convenient
- 🔒 Robust security features
- 👍 Untrustworthy vendor protection
- 💡 Investing feature built-in

**What reviewers complain about**

- 🐛 Buggy and glitchy app
- 🔒 Weak account security
- 🔒 Unreliable customer support
- 💰 Holds funds without explanation
- 💰 Freezes accounts without notice

**Reported bugs**

- Payments getting declined without reason
- Accounts being frozen or deleted unexpectedly
- Delays in fund transfers and withdrawals
- Inability to access own money in account

**Requested features**

- Ability to cancel transactions
- Faster money transfers
- Better account management tools
- Improved customer service


### EdFed

[App page](https://appshunter.io/ios/app/edfed/id433267554)

Manage your finances on the go with this mobile banking app. View account balances, transaction history, and check images. Schedule bill payments and deposit checks remotely. Locate nearby ATMs easily.

**Highlights:** Account management, Check image viewing, Transaction history, Bill payment scheduling, Remote check deposit, ATM locator

**Features:** macOS Compatibility, Vision Pro support

**In-app purchases:** none

**What reviewers like**

- 👍 User-friendly interface
- 🚀 Fast performance (sometimes)
- 💡 Convenient for basic banking
- ✅ Works great on iPhone
- ✅ Old app was functional

**What reviewers complain about**

- 🐛 Frequent bugs and glitches
- 🐛 App crashes often
- 🐛 Login issues (locked out, wrong password)
- 🐛 Mobile deposit not working
- 🐛 Slow loading times

**Reported bugs**

- App locks and denies access after login attempts
- Cannot scan checks for mobile deposit
- Zelle feature not accessible as advertised
- Account registration fails
- Mobile deposit screen is blank or white

**Requested features**

- Zelle integration
- Improved mobile deposit functionality
- Bill pay improvements
- Full transaction history access
- FaceID/TouchID/Biometric login


## Frequently asked questions

### Is Venmo free?

Venmo is free to download, with no in-app purchases.

### Is EdFed free?

EdFed is free to download, with no in-app purchases.

### Which has better reviews, Venmo or EdFed?

Venmo is rated higher. Venmo averages 4.8 out of 5 from 15M ratings, while EdFed averages 3.0 from 127 ratings.

### Do Venmo or EdFed have ads?

Neither Venmo nor EdFed shows ads.

### Which is updated more often, Venmo or EdFed?

Venmo ships an update every 11 days, and EdFed monthly. Most recently, Venmo was updated on September 25, 2026 and EdFed on September 21, 2026.

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*Compared by [AppsHunter](https://appshunter.io/) from daily US App Store data. Review summaries are generated from verbatim App Store reviews.*