Ethan Riley
Patreon does not charge any extra bank fees for direct bank transfers. However, third-party payment processors such as PayPal and Payoneer may charge additional fees for currency conversion or withdrawal, which vary by region and are subject to change. These fees are separate from Patreon's platform fees, which range from 5% to 12% for creators depending on their plan and the time they published their page. It's important to note that Patreon also collects VAT, GST, or sales tax on platform fees where required by law, and these taxes are based on the creator's business location and local regulations.
| Characteristics | Values |
|---|---|
| Direct bank transfer fee | No additional fees |
| PayPal fee | Extra fees for currency conversion or withdrawal |
| Payoneer fee | Extra fees for currency conversion or withdrawal |
| Apple fee | 30% fee on purchases made through Patreon iOS app |
| Platform fee | 10% for new creators |
| Legacy platform fee | 5%, 8% or 11% |
| Payment processing fee | Varies based on members' location, currency, and payment method |
| Currency conversion fee | Not applied if paid in payout currency |
| VAT, GST, or sales tax | Collected where required by law |
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Bank transfer fees
Patreon deducts a payout transaction fee when transferring your balance from your Patreon account. This payout fee is not included in the breakdown of fees within your creator earnings dashboard. However, you can find the payout fee for your chosen payout method and currency in the tables provided by Patreon.
Direct bank transfers do not include any additional fees. However, if you use PayPal or Payoneer, extra fees may be charged for currency conversion or withdrawal. These fees vary by region and are subject to change without notice.
Patreon's pricing structure is designed to scale with your creative business. There is no upfront cost to start offering memberships on Patreon, but certain fees apply to the payments you receive from members. These fees include platform fees, payment processing fees, payout fees, and other fees, which may vary depending on factors such as your plan, your members' location, payment method, or currency.
The platform fee is a percentage of successfully processed payments, ranging from 5% to 12% depending on your plan. Payment processing fees cover the cost of processing payments from your members and vary based on their location, currency, and payment method. Additionally, if a member uses the Patreon iOS app for purchases, Apple takes a 30% service fee, although this does not apply to US customers.
It is worth noting that Patreon collects VAT, GST, or sales tax on platform fees where required by law. These taxes are based on your business location and local regulations.
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PayPal fees
Patreon creators can choose between direct deposit and PayPal for payouts. While direct deposit is free for US creators, it is not supported for international creators. PayPal, on the other hand, charges a fee of 1% of the withdrawal amount, with a minimum charge of $0.25 and a maximum of $20 for US creators. International creators are charged 1% of the amount withdrawn, with a minimum charge of $0.25.
PayPal's fee structure can be confusing, and it is known to have better processing fees than Patreon, especially for nonprofits. When using Patreon, the processing rates for PayPal will be different than if it was used directly. PayPal charges a fee of 2.9% + $0.30 per transaction for payments made with a credit/debit card. However, if payments are made using a bank account or PayPal balance, the fee is lower at 2.9% + $0.30 per transaction.
Patreon passes on a small percentage of each pledge to the creator as a processing fee. This flat fee is typically around 5% of all pledges made to creators, with an additional payment processing fee. These fees may vary depending on the payment processor and the patron's location. For example, a payment processing fee of around $0.35 is charged for a $10 pledge from a US patron.
In addition to the standard fees, Patreon also charges a 2.5% currency conversion fee on all payments made in a currency other than the creator's payout currency.
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Payoneer fees
Patreon itself does not charge any additional fees for using third-party payment processors like Payoneer. However, these third-party payment processors may charge extra fees for currency conversion or withdrawal. These fees vary by region and are subject to change without notice.
Payoneer, a third-party payment processor, offers low fees with no hidden costs. When receiving payments, there are no fees for receiving payments from another Payoneer customer's balance. If the recipient is not a Payoneer customer, you can pay them directly from your Payoneer balance to their bank account via bank transfer, with fees depending on the currencies involved and the location of the recipient. For payments made to recipients from a different country, Payoneer charges up to 1% of the transaction amount with a minimum fee of up to $4.00. For payments in USD, EUR, or GBP to recipients in the same country, a flat fee of up to $4.00, €4.00, or £4.00, respectively, is applied per transaction. For payments in other currencies, the exact fee is displayed before making the payment.
Payoneer also offers receiving accounts, which can be used like local bank accounts in various currencies, including USD, EUR, and GBP. Fees for receiving accounts are set by each marketplace, platform, or network and may vary.
Additionally, Payoneer charges an annual account fee of $30, which is automatically deducted from your account balance. If your account does not have sufficient funds to cover this fee, any available balance will be charged until the balance reaches zero.
It is important to note that the information provided here may not cover all possible Payoneer fees, and users should refer to Payoneer's official website for the most up-to-date and comprehensive information on their fee structure.
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Platform fees
Patreon does not charge any upfront costs for creators to start offering memberships. However, certain fees apply to the payments received from members, including platform fees, payment processing fees, and payout fees. These fees may vary depending on factors such as the creator's plan, the member's location, payment method, and currency.
The platform fee is a percentage of successfully processed payments and depends on the creator's plan. Creators on the standard plan pay 10%, while legacy plan creators may pay between 5% and 11%. This fee covers the use of Patreon's platform and is calculated based on the payment amount, excluding sales tax. It is important to note that Patreon collects VAT, GST, or sales tax on platform fees where required by law, and these taxes are based on the creator's business location and local regulations.
Payment processing fees cover the cost of processing payments from members and vary based on the member's location, currency, and payment method. Additionally, if a member makes a purchase through Apple's in-app purchase system within the Patreon iOS app, Apple takes a 30% service fee. However, this does not apply to US customers due to ongoing legal developments, and they have the option to complete purchases directly through Patreon's mobile web checkout.
Payout fees, also known as payout transaction fees, are charged when the balance is transferred from the Patreon account to the selected payout method, such as PayPal, bank transfer, or Payoneer. These fees depend on both the payout method and the payout currency. While direct bank transfers do not incur additional fees, PayPal and Payoneer may charge extra fees for currency conversion or withdrawal, which can vary by region and are subject to change.
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Payment processing fees
Patreon does not charge any additional payment processing fees on iOS transactions, but a platform fee still applies. However, third-party payment processors may charge extra fees for currency conversion or withdrawal. For instance, while direct bank transfer does not include any additional fees, PayPal and Payoneer may charge extra fees for currency conversion or withdrawal, which vary by region and are subject to change at any time without notice.
Patreon's payment processing fees cover the cost of processing payments from members. These vary based on the member's location, currency, and payment method. For instance, if a paid member pays in the payout currency, there is no currency conversion fee applied.
Patreon's pricing is designed to grow with a creator's business. It is free to get started on Patreon and to explore its features. Creators only start paying once they begin earning through paid options. When creators are ready to start earning, they can choose between paid memberships and one-time purchases. Patreon only takes a small percentage once creators start earning, along with standard fees for payment processing, currency conversion, payouts, and applicable taxes.
The standard 10% platform fee gives creators access to Patreon's core features. Creators on the standard plan pay 10%, while legacy plan creators may pay 5%, 8% or 11%.
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Frequently asked questions
Patreon does not charge any additional fees for direct bank transfers. However, third-party payment processors like PayPal and Payoneer may charge extra fees for currency conversion or withdrawal, which vary by region and are subject to change.
Patreon charges a platform fee, which is a percentage of successfully processed payments. This fee is either 10% for the standard plan or between 5% and 11% for the legacy plan. There are also payment processing fees, which cover the cost of processing payments from members, and they vary based on member location, currency, and payment method.
Yes, Patreon collects VAT, GST, or sales tax on platform fees where required by law. These taxes are based on your business location and local regulations. There may also be a 30% fee on purchases made through the Patreon iOS app, as Apple requires the use of their in-app purchase system.
The fees that apply to you will depend on your plan, your location, your payout currency, and your payment method. You can check your platform plan and payment fees in your Account Settings on Patreon.
It's free to get started on Patreon and to list your work for sale. You only start paying fees once you begin earning through paid memberships or one-time purchases.
