Our mission at Patreon is to get you as much money as possible. It's why we have a fee of just 5% and why we do everything we can to minimize transaction fees.
There are three different fees on Patreon. They are explained in detail below:
#1: Patreon Fee - Patreon takes 5% of successfully-processed payments. This means that we only take money if the creator is making money. This is also listed on your Dashboard as "Patreon Fee".
#2: Payment Processing Fees - the cost of moving funds from your patrons to your creator balance. This fee can be viewed in your Dashboard and is listed as the "Processing Fees".
Payment processing fees represent the amount that our payment processors (e.g., Stripe and PayPal) charge each time they process a payment. Payment processors typically charge a percentage of each pledge plus a fixed number of cents.
Patreon reduces processing fees by batching charges at the beginning of each month. For example, if a patron is paying more than one creator each month, Patreon only charges the patron once for all of the pledges. This reduces processing fees by reducing the total number of transactions, and the lower fee is split among the creators.
One other thing to keep in mind: If you have many patrons with small pledges, then processing fees will be a larger percentage of your overall earnings. If you have just a few large patrons, then processing fees will be a smaller percentage of your overall earnings.
#3: Payout fees - the charge for moving funds from your creator balance to your bank or PayPal account. This fee is not listed in the fees breakdown within your creator dashbboard. This is taken once you transfer funds out of your Patreon account and toward Paypal, Payoneer or Stripe.
All payout fees can be found on the payout processor's platform through your own individual login.
Note: This does not include any fees associated with converting USD to your native currency. Payment processors may also change their fees at any time without notice. In the event of a fee change, we would update our fee structure accordingly.