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Instant Payouts Fee Changes
Instant Payouts Fee Changes

We've made some changes to Instant Payout Fees. Read more.

Hunter Luthi avatar
Written by Hunter Luthi
Updated over a week ago allows creators in the United States to withdraw funds instantly to a debit card of their choosing, greatly speeding up the path to get paid and allowing you to raise funds as quickly as possible. Unlike regular deposits, they can happen immediately after you get paid, and can include Pending transactions as well as your Available balance. 

Unfortunately, the costs of operating the instant transfer service are high. We've experimented with a few different fee structures to determine the best way to proceed, but unfortunately it is still costing us much more than we're charging creators. As such, we've decided to make some changes to the Instant Payout system. 

Old Fee Structure

Currently there is a flat 50¢ fee for all instant payouts, regardless of size. You only need a minimum of $1 in your account to initiate an instant payout. 

New Fee Structure as of 2/3/2018

All instant payouts will be assessed a fee of 1.5% of the total transfer, with a minimum per withdrawal of 50¢. 

For example, if you withdraw anywhere from $1 to around $33, you will pay the minimum 50¢. On a withdrawal of $33, you would receive $32.50 on your debit card.

Anything $34 and above would be assessed at the 1.5% fee. Thus a $100 withdrawal would cost $1.50. You would receive $98.50 on your debit card.

What does Pay?

The 1.5% with 50¢ minimum is the same that our payment processor charges for offering us this service. We take steps to minimize fees wherever possible, but in this case it was untenable for us to continue covering these costs. 

Please don't hesitate to reach out if you have any questions or comments about this change. 

What about non-instant payouts?

Non-instant payouts will continue to be sent on a nightly or weekly basis free of charge. 

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