OnlyFans Costs: A Guide For Creators

As a creator, you may be wondering if OnlyFans costs for creators. It’s a valid question considering the number of platforms that charge a fee. So if you are concerned about fees or simply want to know more about the costs associated with OnlyFans, then keep reading! We’ll guide you through the OnlyFans costs for creators so you have a complete understanding of your income. 

Does OnlyFans Cost Money For Creators? 

People often ask whether OnlyFans is free for creators. While it doesn’t cost anything to set up or use an account, the platform does take a percentage of any earnings you make.

There are also other, indirect, costs associated with being a content creator on OnlyFans. For example, you may have travel expenses or need equipment such as lighting and cameras, props for certain shoots, specific lingerie and outfits, marketing and promotion services, and editing software. Although, if you’re earning enough to pay taxes and these items are for business purposes only, you may be able to tax deduct them! 

Read: How to create an OnlyFans account

What Percent Does OnlyFans Take?

OnlyFans take 20% of your earnings, meaning you take home 80% of whatever you make. So if you bring in $200, you will take home $160. This 80/20 split isn’t limited to subscriptions - this is on all earnings, including tips and pay-per-view content. 

The 20% cut covers your use of the platform, live support, payment processing, and content hosting. Although it may seem like a lot, compared to other platforms like YouTube, which take 45% and Twitch which takes 70% of your earnings, it’s certainly not the worst out there. 

How Long Does It Take For OnlyFans to Pay Out? 

The time it takes for your earnings to actually hit your account can vary depending on the payment method you choose.  

Bank Transfer 

Bank transfers are the easiest way to access your earnings. For this, payments typically take one to two business days once you’ve requested a withdrawal. However this can vary slightly if your bank processing times are delayed or you withdraw close to the weekend or during a holiday period. 

There is no fee from OnlyFans for bank transfers, but some banks may incur a charge for direct bank transfers, so be sure to check if this is the case for you. 

If your bank does charge you for direct transfers, you may want to consider requesting larger withdrawals less often to avoid paying these fees too often.

E-wallets

E-wallets such as Paxum or Skrill only take one day to process, making this an ideal option if you need to access your funds quickly. But bear in mind that you can only transfer up to $100 using this method. 

Wire Transfer 

These are used for international bank transfers and can take up to five business days, depending on your bank. There is also a fee of $30 for these transactions. 

When Can I Get My Money? 

You will need a minimum of $20 in your available balance to withdraw any earnings. There’s also a seven day waiting period for your earnings. When you receive money, that money will stay as ‘pending balance’ for seven days. After this, it becomes your available balance. 

For example, if you earn $50 on Tuesday and another $40 on Thursday, then by Thursday your pending balance will show a total of $90. The following Tuesday, the first $50 will move from pending to your available balance, leaving $40 still pending. That remaining $40 will then move to your available balance on Thursday. 

OnlyFans does have a Statements page which shows you your payout requests, pending balance, and earnings. If a fan requests a refund, your earnings will be adjusted accordingly and you will be able to see this in your Statements page. 

Read: How to make money on OnlyFans

How to Request a Withdrawal

You can use either manual or automatic payouts to access your earnings:

Manual Payouts 

You must log in and submit a payout request manually. You can do this by heading to ‘Earnings’ and clicking ‘Request Payout’. This option is more flexible and can make it easier to manage your income on a case-by-case basis or if you’re looking to withdraw specific amounts at different times. 

You can withdraw as much as you want from your available balance and once requested it will take around one to two business days to land in your bank account. 

Automatic Payouts 

You can set up automatic withdrawals which transfer the available balance to your linked bank account on a weekly, monthly, or even daily basis. This is ideal if you’re looking for a more regular source of income so you can budget accordingly. Like with manual payouts, the processing time is one to two business days. 

To use automatic payouts, head to ‘Earnings’, then click ‘Request Payout’, choose your preferred payment schedule (daily, weekly, or monthly), then confirm the request. 

Don’t Let OnlyFans Costs Stop You!

Every creator has a 20% cut taken from OnlyFans but this is the only direct cost associated with OnlyFans. Of course there are other costs that most creators will run into, like camera and editing equipment, travel expenses, lingerie, whether you choose to use an OnlyFans management agency, and not to mention taxes, but this is entirely individual and you shouldn’t let these costs put you off! 

Looking to earn more on OnlyFans? Contact us today and join the top 0.1% of creators!