A Serious Conversation - Patreon Fees (Patreon)
Content
Greetings Team,
We wanted to take a moment explain that as of December 18th, Patreon will begin shifting their fees.
What this means for creators is that instead of being hit with a fee for 7-15% of our income (it varies), Patrons will be charged a little bit more to reduce this uncertainty down to a flat 5%. On the surface this helps Creators, but as a Patron this can be intimidating/annoying/spooky.
While many individuals are expressing concerns about this change and trying to see if it can be prevented, we need to be prepared for it. So we wanted to take a moment to explain how it will directly impact you personally in the coming weeks if this comes to pass.
The fee is 2.9% + $0.35
If you're with us at the:
$1 level, you will be billed $1.38
$5 level, you will be billed $5.50
$10 level, you will be billed $10.64
$15 level, you will be billed $15.79
As always, we greatly appreciate your continued support and look forward to sharing Episode 7 of the White Vault with you next week.