How much does upwork charge?
Upwork Fees for Freelancers
As a freelancer on Upwork, it’s important to understand the fee structure before you start working on this platform. The system is designed in a way to reward long-term relationships.
Fees based on Client Relationship
- 20% for the first $500 billed with the client
- 10% for lifetime billings with the client between $500.01 and $10,000
- 5% for lifetime billings with the client that exceed $10,000
Additional Charges
It’s worth noting that there can be additional fees in certain circumstances. For example, there’s a $2.50 withdrawal fee when transferring funds to your bank.
Payment Processing and Administration Fee
Lastly, for hourly contracts, a 2.75% payment processing and administration fee is charged.
Remember, as you continue to work with a client and cross those payment thresholds, your fees decrease. So, long-term client relationships are rewarded on Upwork.
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