How much is upwork service fee?
Upwork Service Fees: A Comprehensive Breakdown
Overview
The standard service fee for freelancers on Upwork is 20%. However, this rate is designed to decrease as your lifetime billings with a specific client increase. This means the more successful, long-term relationships you build with your clients, the more financially rewarding your work becomes.
Fees Structure
The service fees on Upwork are structured in tiers. Here’s a detailed breakdown:
- 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 Fees
Besides the service fees, please keep in mind that depending on your payment withdrawal method, additional fees might be applied:
- $2 per withdrawal for Direct to Local Bank method
- $1.99 per withdrawal for Instant Withdrawals via debit card
- $30 per withdrawal for Wire Transfers
- PAYONEERâ„¢, PayPal, and M-Pesa, will have varied fees, so you should check directly with those services to understand what potential charges might apply.
Remember, building a successful freelancing profile is about cultivating reliable, ongoing relationships with your clients. As these relationships grow, your service fee decreases, rewarding your commitment and hard work.
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