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What Is UpWork Withdrawal Fee?

Last updated on September 29, 2022 @ 10:00 pm

UpWork is a freelancing platform that allows businesses to connect with remote workers. UpWork offers a variety of services, including a job board, a time-tracking app, and a payment processing system. UpWork also charges a fee for each transaction.

UpWork’s transaction fee is 2.75% + $0.30 per transaction. For example, if you withdraw $100 from your UpWork account, UpWork will charge you a $2.75 transaction fee.

PRO TIP: If you’re thinking of using Upwork to withdraw your earnings, be aware that there is a fee associated with this service. The Upwork withdrawal fee is 2.75% of the total amount you’re withdrawing, so make sure you take this into account when requesting a withdrawal. Otherwise, you may end up paying more than you expected in fees.

There are two main reasons why UpWork charges a transaction fee. First, UpWork needs to make money to keep the platform running. Second, the transaction fee helps to ensure that freelancers are paid for their work.

If you’re a freelancer who uses UpWork, it’s important to factor the transaction fee into your pricing. For example, if you’re charging $50 for a project, you’ll only receive $48.65 after UpWork’s transaction fee is deducted.

The best way to avoid paying UpWork’s transaction fee is to request that your client pays you through another method, such as PayPal or Venmo. If your client agrees to pay you through another method, you can avoid paying the 2.30 transaction fee altogether.

Dale Leydon

Dale Leydon

Sysadmin turned Javascript developer. Owner of 20+ apps graveyard, and a couple of successful ones.