This Fee Schedule applies only to the extent you are eligible for, and have enabled, each of the Monetization Services (as defined in the Anchor Terms of Service) referenced below. Please note that one or more Monetization Services may not be available in your country. Refer to the FAQs for more details.
This section sets out the fees applicable per transaction. These transaction fees differ depending on what Monetization Services you are using.
The following fees are deducted from each Podcast Subscription payment, as described in the Podcast Subscriptions Creator Terms:
- Payment processing fee: 5.5%
- Foreign exchange fee (applies if your subscriber’s currency differs from your own currency):
- 0.8% applied to exchange non-USD currency to USD or vice versa
- 1.6% applied to exchange non-USD currency to another non-USD currency
How it works - example:
- You’re based in the U.S., and you’ve set your podcast subscription price to $2.99 per month
- Let’s say you get 1 subscriber from Belgium who pays € 2,99 per month. Each month:
- € 2,99 * 5.5% (€ 0,16445) is deducted for the payment processing fee
- € 2,99 * 0.8% (€ 0,02392) is deducted for the foreign exchange fee
- Taxes, if applicable in your region, are deducted
- The remaining amount, converted to USD based on current exchange rates, appears in your wallet
The following fee is deducted from revenue earned via Anchor’s Ambassador ads and Premium sponsorships features (currently available to creators in the US only):
- Anchor fee: 30%
Cash out fees
For all Monetization Services (with the exception of Automated Ads), the following fee is deducted each time you cash out your earnings balance:
- Cash out fee: US$0.20 (or equivalent amount in your local currency)
Please note that when you first start to earn money with any of Anchor’s Monetization Services, there may be a delay in funds being reflected in your earnings balance. After that validation period, new transactions will be reflected in your balance within a few days. Until new transactions hit your earnings balance, they’ll be reflected in a pending state underneath your earnings balance.
Once the funds are in your earnings balance, you can cash out your earnings balance at any time provided you have satisfied the following requirements:
- At least 30 days have passed since you first earned money through Anchor’s Monetization Services
- You have provided all information requested by Spotify or the Payment Service Provider (please see additional information below for non-US creators)
- You have at least US$10 (or equivalent amount in your local currency) in your earnings balance
After you cash out, it will generally take a few days for that money to hit your bank account.
If you are are an Automated ads user the following fee is deducted automatically for each payout, via Spotify Payouts:
- Cash out fee: US$0.30
Non-US creators only
Creators outside the US will be required to provide additional information before cashing out for the first time. Below is a quick guide to all fields you see in the "Tax Information" step of this form.
- Legal Entity Type: Are you an individual, or are you representing a business?
- Legal Name: The first and last name that appears on your government-issued ID.
- Country: The location of your citizenship.
- Taxpayer ID: If you have a Taxpayer ID in the United States, you must list it. Your Foreign Taxpayer Identification Number is required.
After you've successfully filled in this information, you can move on to Steps 2 and 3, which require your permanent address and mailing address, and then a confirmation of all of the previous information you’ve entered.
If you need guidance on what information makes sense as you fill out these forms, we strongly recommend reaching out to your tax accountant for guidance.