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Lenders
Free
Lenders never pay Bundo. You receive every payment in full.
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Fees
Free for lenders. Borrowers pay 1% of each payment, with a $3.00 minimum.
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Borrowers
1% per payment
Each time you make a payment on a loan, Bundo charges a service fee of 1% of the payment, with a minimum of $3.00. The fee is charged to the credit card you add in the app. It goes to Bundo, not to the lender, and it is not part of the loan.
Examples
| Payment | Bundo fee | Lender receives |
|---|---|---|
| $50.00 | $3.00 | $50.00 |
| $100.00 | $3.00 | $100.00 |
| $300.00 | $3.00 | $300.00 |
| $500.00 | $5.00 | $500.00 |
| $1,000.00 | $10.00 | $1,000.00 |
| $2,500.00 | $25.00 | $2,500.00 |
For payments up to $300.00, the fee is the $3.00 minimum. Above that, it is 1% of the payment.
Good to know
- There are no sign-up, monthly or account fees.
- A thank-you tip is between the borrower and the lender. Bundo does not take any part of it.
- Bundo is not a lender, bank or broker, and does not charge interest. Your mobile carrier may charge for text messages, according to your plan.
- If our fees change, we will tell you in the app before the new fees apply. This page always shows the current fees.
Effective date: October 22, 2026 · BUNDO, L.L.C. · See also the Terms of Service.