How To Withdraw Money From OnlyFans in 2023

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July 2, 2024

 

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How To Withdraw Money From OnlyFans in 2023

As an OnlyFans creator, monetizing your content and collecting payments from subscribers is an exciting endeavor. However, the money does you no good until it’s in your bank account!

This guide will walk you through everything you need to know about OnlyFans payouts so you can withdraw your hard-earned funds smoothly.

OnlyFans has become a hugely popular platform, allowing adult content creators to earn substantial income from fans and subscribers. But once you’ve put in the work creating exclusive content and built up your subscriber base, how exactly do you get paid?

This comprehensive guide will explain the various OnlyFans payout methods, minimum payout amounts, expected timelines, and tips for avoiding issues. Whether you’re brand new to OnlyFans or an experienced creator ready to take your earnings to the next level, read on to learn how to cash out successfully!

OnlyFans Payout Methods

OnlyFans offers several withdrawal methods so you can choose how to withdraw your earnings based on what works best for your financial situation:

Manual Payouts

Manual payouts give you control to request a withdrawal any time your available balance exceeds the $20 minimum. You simply enter the payout amount, and OnlyFans will process the request during their next weekly cycle, depositing funds into your connected bank account.

Withdrawal Method Pros: Withdraw any amount over $20 at your convenience. No limits on the number of payouts.

Withdrawal Method Cons: It can take 3-5 business days to receive money. Must remember to manually request payments.

Automatic Payouts

Automatic payouts happen on a recurring weekly, monthly, or daily schedule. As long as your available balance exceeds $20, the funds will automatically be sent to your bank account on the set date.

Withdrawal Method Pros: Occurs automatically without needing to request it. Consistent income schedule.

Withdrawal Method Cons: Less flexible than manual payouts. Need consistent earnings to exceed $20 minimum each period.

Direct Transfers

Direct transfers via ACH or wire allow payouts directly to your bank account. ACH takes 1-2 days in the U.S., while wire transfers take 3-5 days internationally. The minimum is $20.

Withdrawal Method Pros: Fast U.S. processing with ACH. No limit to payout amounts.

Withdrawal Method Cons: Potential bank fees for wire transfers. International wires have a $30 OnlyFans fee.

ePayments

ePayments lets you instantly transfer funds to an e-wallet account like PayPal up to $100 per transaction. Takes 1 day to process.

Pros: Fast access to money in e-wallet. Low fees.

Cons: $100 max per transaction. Need to move money from PayPal to your bank account.

How to Withdraw Money from Your OnlyFans Account

Ready to get paid? Here is the step-by-step process to withdraw funds from OnlyFans:

  1. Make sure your bank account is connected to OnlyFans in your profile settings.
  2. Allow a 7-day pending period for earnings to become available for payout.
  3. When your available balance exceeds $20, visit the payout page.
  4. For manual payouts, enter the amount to withdraw and submit a request.
  5. For automatic, enable recurring payouts and set the frequency.
  6. Double-check your bank account info to avoid issues or delays!
  7. Expect funds in your bank account within 1-5 days, depending on the payout type.

Be sure to regularly compare your OnlyFans pending vs. available balances to know when earnings become eligible for withdrawal.

How Much Can You Withdraw from OnlyFans?

OnlyFans requires your available balance to exceed $20 to qualify for a payout. However, there is no maximum withdrawal amount. You can cash out your entire available balance each period if you choose.

Remember that OnlyFans takes a 20% cut of your total earnings. So, your payout will be 80% of your OnlyFans revenue after their commission.

Additional fees may apply for certain payout methods:

  • ePayments: PayPal’s standard 2.9% + $0.30 transaction fee
  • Wire transfers: $30 OnlyFans fee + potential bank charges

While OnlyFans has no withdrawal limit, you still want to be strategic. Withdrawing huge amounts infrequently can complicate tax preparation. Consider consistent monthly payouts.

How Often Does OnlyFans Pay You Out?

The payout frequency is flexible based on your preferences and financial needs:

  • Automatic payouts can be weekly, monthly, or even daily.
  • Manual payouts allow withdrawing any time you have $20+ available.
  • ePayments lets you withdraw up to $100 per transaction, processed within 24 hours.

Many creators opt for an automatic monthly payout to mimic a salary-like paycheck. Others withdraw manually when they need access to funds. Choose the ideal schedule for you!

How Long Does it Take to Withdraw Funds from OnlyFans?

OnlyFans withdrawal times vary by payout method:

  • Manual bank transfers: 3-5 business days
  • Automatic bank transfers: 3-5 business days
  • Direct/ACH transfers: 1-2 business days (U.S. only)
  • Wire transfers: Up to 5 days internationally
  • ePayments: Instant transfer to PayPal, 1-2 days to bank

Time also depends on your bank’s processing policies. OnlyFans processes most payouts within 2 days, but your bank may take longer to clear and settle the funds. Contact OnlyFans support if your payout takes significantly longer than expected.

Why Won't My OnlyFans Let Me Cash Out?

While OnlyFans payouts normally go smoothly, here are some potential reasons you may be unable to withdraw your earnings:

  • Pending period not over – Earnings under 7 days old are still pending.
  • Insufficient available balance – You need at least $20 available to cash out.
  • Incorrect bank details – Double-check your account and routing number.
  • Bank transfer limits – Some banks limit online transfers for security.
  • Site issues – Technical problems with OnlyFans or vendors may cause temporary disruptions. Try again later or contact support.
  • Suspicious activity – Large or irregular withdrawals may trigger identity verification checks.
  • Closed/banned account – You cannot withdraw if your account is not in good standing.

Reach out to OnlyFans support if your payout is unexpectedly blocked or delayed. They can investigate and resolve any withdrawal issues.

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Final Thoughts

Successfully withdrawing your OnlyFans money takes some planning and effort on your part as a creator. Be diligent about tracking your balances, proactively managing your payout schedule, and troubleshooting any potential issues.

AI tools like Supercreator can make the process easier by helping you optimize your OnlyFans strategy to maximize your earnings. Supercreator provides data-driven insights about your fans’ preferences to help create tailored, high-converting content.

The platform also automates messaging so you can engage subscribers at scale. With Supercreator’s suite of fan management and content optimization features, you can focus your energy on consistently producing compelling content rather than worrying about payout logistics.

Pair your payout know-how with smart tools like Supercreator to take your OnlyFans income to the next level. The combination of financial diligence and content strategy will help you thrive as an OnlyFans creator!

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