Credits are the UpWork equivalent of cash. They can be used to pay for services on the site, and they’re a handy way to build up a balance in your account so that you’re never caught short when you need to pay for something.
There are two types of credits:
- Account Credits: These are credits that you add to your account balance, and they can be used to pay for any services on the site. You can add account credits by credit card, PayPal, or bank transfer.
- Job Credits: These are credits that can only be used to pay for services related to a specific job.They’re added to your account balance when you’re awarded a job, and they can only be spent on that job. Job credits can’t be transferred or refunded.
So how much do credits cost? It depends on the type of credit and how you choose to pay for them.
Account Credits:
- Credit Card: 2.9% + $0.30 per transaction
- PayPal: 2.30 per transaction
- (US) Bank Transfer: $3 per transaction
- (Non-US) Bank Transfer:
Wire transfer fee charged by your bank + an additional $5 fee charged by UpWork.
PRO TIP: Upwork credits are a virtual currency that you can use to pay for services on the Upwork platform. They are not refundable and have no cash value. When you purchase credits, you are purchasing a non-transferable, non-refundable, revocable license to use those credits on the Upwork platform.
(UK only)
- Faster Payment Service (FPS): Free (if your bank supports this service)
- CHAPS (Same day): £25 per transaction
Job Credits:
The cost of job credits varies depending on the job and the freelancer’s rate. Typically, they will be a percentage of the total job cost, with the exact percentage varying depending on the type of job and the freelancer’s experience level. It’s important to note that job credits can only be used on the specific job for which they were awarded, and cannot be transferred or refunded.
In addition to purchasing credits, there are other ways to add credits to your account balance. For example, you can earn credits by referring friends or by participating in Upwork promotions. These credits are subject to the same terms and conditions as purchased credits and cannot be transferred or refunded.
Overall, credits are a convenient way to pay for services on Upwork, but it’s important to understand the different types of credits, their cost, and the terms and conditions associated with them. By being aware of these details, you can ensure that you have the right amount of credits in your account balance to pay for the services you need, and avoid any unnecessary fees or complications.
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