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.
Furthermore, How much does Patreon take from each subscription?
#1 Platform fee
This fee covers the use of Patreon’s membership platform. The legacy founders platform fee is 5% of processed payments. This means that we only take money if the creator is making money. Check whether or not you have the founding creator 5% plan from your creator account settings.
Then, How much does it cost to make a Patreon? 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 getting Patreon worth it? Patreon is a highly flexible crowdfunding service that has fewer project restrictions than most of its rivals. It’s an excellent tool for raising recurring, long-term funds—if your patrons stick around.
Therefore, Is Patreon a monthly fee? Patreon lets people financially support and reward content creators — such as podcasters, writers, and YouTubers — through a monthly subscription.
Is Patreon better than PayPal?
Patreon charges creators a 2.5% currency conversion fee on all payments made in a currency other than the creator’s payout currency. PayPal charges a 3% to 4% currency conversion fee on all payments made in a currency other than the recipient’s payout currency.
Who are the top earners on Patreon?
Who are the most popular creators on Patreon?
| Creator | Number of patrons (Monthly earnings if available) |
|---|---|
| Chapo Trap House | 35,914 ($159,005) |
| The Tim Dillon Show | 34,158 ($181,415) |
| DankPods | 29,210 |
| You’re Wrong About | 28,604 |
• Jan 6, 2022
How much do Patreon creators make?
According to Patreon, the average time a patron supports a creator page is around three months, and each patron pays an average of $12 per month. By contrast, Patreon itself has become something of a booming business, passing $100 million annualized revenue and earning a valuation of $1.3 billion.
Can you cancel Patreon one month?
If you cancel and rejoin within the 1st month of your year, you won’t pay any additional membership fee. If you cancel and then upgrade your tier, we’ll credit the amount you already paid the creator at checkout, and you’ll pay the remaining cost.
What do I need to know before starting 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.
Can I use Patreon for donations?
At the moment, Patreon only offers recurring memberships, and one-time donations are not available. All Patreon memberships recur on a monthly or annual (if your creator has this available) billing cadence. You can learn more about how creators can bill their patrons in our article: Understand my payments to creators.
Do you need PayPal for Patreon?
PayPal requires an instant funding source for recurring subscriptions, such as Patreon memberships; however, they will always attempt to use your PayPal balance first.
How do you succeed 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 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 company owns Patreon?
It allows artists to receive funding directly from their fans, or patrons, on a recurring basis or per work of art. The company, started by musician Jack Conte and developer Sam Yam in 2013, is based in San Francisco.
Patreon.
| Screenshot A Patreon page from January 20, 2018 | |
|---|---|
| Current status | Active |
Can you make a living off Patreon?
This could enable you to make money online and get paid for your time outside of a full-time job. Patreon is a crowdfunding platform that allows fans of content creators to demonstrate their support. Some Patreon creators have been successful enough to rake in $200,000 per year through the site.
What does the average person make on Patreon?
If most patrons pledge $2-10, it’s likely the average patron will pay roughly $7.
How to get an estimate of how much you could make on Patreon.
| Size of following | 30,000 |
|---|---|
| Traffic to creator page | 4,500 |
| % of traffic that converts | 1-5% |
| Average value per patron | $7 |
| Total monthly earnings | $315 – $1575 |
• May 31, 2018
How is Patreon taxed?
Does Patreon withhold any taxes from my payments? No – Patreon doesn’t withhold anything (aside from our fees) from your funds earned on Patreon. We are obligated to add, collect, and remit sales tax and VAT on top of some pledge, but those funds are not calculated anywhere as ‘earnings’.
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 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.
Do you need a business license for Patreon?
Your Patreon income does not require you to register as an LLC but there are many reasons you should consider it. Setting up an LLC can protect your personal assets from the majority of liabilities incurred by your business.
Does Patreon make you pay taxes?
Does Patreon withhold any taxes from my payments? No – Patreon doesn’t withhold anything (aside from our fees) from your funds earned on Patreon. We are obligated to add, collect, and remit sales tax and VAT on top of some pledge, but those funds are not calculated anywhere as ‘earnings’.
Does Patreon own my content?
Your content is yours – Patreon won’t use it in our advertising or as promotional material without your permission. All content is subject to review and we reserve the right to refuse the processing of any content at any time and for any reason. It’s your responsibility as a creator to follow these content guidelines.
Does Patreon charge immediately?
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.
How do Patreon creators get paid?
For creators, Patreon is a way to get paid for creating the things you’re already creating (webcomics, videos, songs, whatevs). Fans pay a few bucks per month OR per post you release, and then you get paid every month, or every time you release something new.
Where does my Patreon money go?
When you withdraw your balance on Patreon, it typically takes 1-3 business days to reach your PayPal or bank account. Please note that you can only pay out once every 24 hours.
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.