How much does Patreon cost per month?

On top of the platform fee, the payment processor (Stripe or PayPal) charges a fee for each donation made: 2.9% + $0.30 for donations over $3.
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Terms & Fees.

Funding Duration	Unlimited/Continuous
Funding Method	Per month OR per creation
Platform Fee	5%-12%
Payment Processing Fee	2.9% + $0.30 for donations over $3

Funding Duration Unlimited/Continuous

Funding Method Per month OR per creation

Platform Fee 5%-12%

Payment Processing Fee 2.9% + $0.30 for donations over $3

May 21, 2021

Hence, Does Patreon take money every month?

Patrons can expect to be charged on the 1st of each month (after 12 AM PT) for their pledges. It usually takes a full 24-48 hours for all payments to process, so it may take a few days from the start of the month.

Consequently, Does Patreon take a %? Patreon currently takes 5 percent of its users’ earnings, and it has one service tier, which lets creators accept recurring payments from fans, offer different backing tiers with special perks, and link their Patreon accounts to platforms like Discord and Itch.io.

What percentage does Patreon take? Patreon currently takes between 5% and 12% of creator earnings (plus a payment processing fee), depending on the product plan chosen by the customer. Assuming the average cut is 8% of total earnings, Patreon registers $80 million in annual revenue.

In addition, Is Patreon expensive? It’s completely free to get started. We only receive a small percentage once you start earning on Patreon, plus an industry-standard rate for processing payments from your patrons.

Is Patreon better than YouTube?

Although Patreon and YouTube Memberships offer similar membership tier features: The main difference is that YouTube offers fewer membership tier features but offers more engagement features while having stricter content policies and taking a higher cut of your income when compared to Patreon.

Can you cancel Patreon one month?

You can cancel your upfront membership at any time. Your cancelation stops the auto-renewal of your membership, meaning you won’t see future charges. Since you’ve paid for the current month upfront, you’ll have access to our creator’s patron-only content for the remainder of the month.

What percentage does PayPal take?

PayPal’s basic fee is 2.9% plus $0.30 USD per sale.

What Percentage Does PayPal Take?

PayPal Transaction	PayPal Percentage
Sales within the US	2.9% plus $0.30 USD per transaction

How much do Patreons make?

There are two types of currency on Patreon: financial earnings.

How to get an estimate of how much you could make on Patreon.

Size of following	30,000
Average value per patron	$7
Total monthly earnings	$315 – $1575

• May 31, 2018

How does Patreon make money?

Patreon makes money via a variable fee that it charges to creators. The firm has a tiered fee structure separated into 3 distinctive plans: Lite, Pro, and Premium. Creators pay either a 5 percent, 8 percent, or 12 percent fee on the monthly income they earn on Patreon, depending on the chosen plan.

Does Patreon take cut?

As a creator, Patreon creators can charge per month or per creation. The platform fee (or the percentage of your earnings that Patreon takes) varies from 5% to 12% depending on the plan you pick. There is an additional payment processing fee of 2.9% + $0.30 for donations over $3. 5% + $0.10 for donations of $3 or less.

Is Patreon owned by YouTube?

Patreon was co-founded in May 2013 by developer Sam Yam and musician Jack Conte, who was looking for a way to make a living from his YouTube videos. They developed a platform that allowed ‘patrons’ to pay a set amount of money every time an artist created a work of art.

How much do YouTubers make on Patreon?

In the same article, Patreon explains that in a typical reward tiers structure of $2, $5, $10, $25, and $100, the average user will pay around $7 per month. This gives us expected earnings of about $28 per 1,000 YouTube subscribers per month (4 patrons x $7 per month).

Why does Patreon charge on the first?

How charge upfront billing works. When you enable charge upfront, we charge patrons as soon as they sign up. Their first payment grants them access to your backlog of creations and their membership. We then process patrons’ payments on the 1st of every month after that.

How does payment work on Patreon?

Patrons can add their credit cards to their account or during checkout. We process payment to the card on file. The funds are then sent to your creator balance. If funds are not available on the card or the card has expired, the patron’s payment will decline until they add a new payment method.

How do I get my money from Patreon?

Once enabled, automatic withdrawals occur on the 5th of each month.

Log in to your creator account.
Click the Income button from the creator menu.
Click on Payouts from the menu list.
Click the Edit button next to auto withdrawal.
Click Turn on to enable auto withdrawal.

What are PayPal fees on $100?

PayPal’s payment processing rates range from 1.9% to 3.5% of each transaction, plus a fixed fee ranging from 5 cents to 49 cents. The exact amount you pay depends on which PayPal product you use. This might not seem like a large amount, but a $100 transaction will cost you between $2 and $3.99.

How do I avoid PayPal fees?

8 Easy Ways to Decrease or Avoid PayPal Fees

Opt to Be Paid Less Often.
Change How You Withdraw Your Money From PayPal.
Use Accounting Software to Lower PayPal Fees.
Ask to Be Paid as a Friend or Family.
Factor PayPal Fees into Your Payment Equation.
Accept Other Forms of Payment.
Use a PayPal Alternative.

Why are PayPal fees so high?

The reason is that PayPal charges a fee for every payment that businesses receive, so the more payments businesses receive, the more fees they would have to pay. For domestic payments, you would pay 5% + $0.05 USD per transaction with micropayments pricing versus the standard fee of 2.9% + $0.30 USD per transaction.

Who has the biggest Patreon?

So who actually boasts the most patrons on the platform? According to rankings maintained daily by Graphtreon, American political and humor podcast “Chapo Trap House” is at the very top of the list with 30,669 patrons bringing in $137,374 per month as of September 9th.

How do I run a successful Patreon?

5 Data-Backed Tips to Be Successful On Patreon Your First Month. December 15, 2015Maura Church.
Consider having more than 1 goal.
Consider having more than 2 benefit tiers.
Make more than 3 unpaid posts in your first month.
Send some messages in your first month.
Spread the word on social media.

How often should I post on Patreon?

Frequency of Posting

Our general advice is that if you’re producing more than 4 pieces of content a month, go monthly. If you’re pumping out more than 4 blog posts, videos, comics, or cute little creatures that you want to charge for — you should probably be a monthly creator.

Who makes the most money from Patreon?

These are some of the highest paid Patreon accounts that earn more than $50,000 a year:

True Crime Obsessed.
Chapo Trap House.
DarkCookie – Summertime Saga.
Jeff Wittek.
You’re Wrong About.
The Tim Dillon Show.
DankPods.
Flagrant 2.

How do you become successful on Patreon?

You should start a Patreon if:

Your Work Requires Little Overhead.
You Already Have an Audience.
You’re Looking for Motivation.
Create an Attractive Profile.
Offer Tantalizing Patron Rewards.
Set Achievable Goals.
Thank Your Patrons.
Promote, Promote, Promote.

How much money do Patreons make?