How To Withdraw Money From OnlyFans in 2024

OnlyFans presents a variety of withdrawal options, empowering you to handpick the method that aligns seamlessly with your unique financial circumstances, granting you the autonomy to cash out on your terms, these include:

Manual Payouts

Manual withdrawals empower you to dictate the timing of your withdrawal whenever your available balance surpasses the £20 minimum threshold. Just specify the desired payout sum, and OnlyFans will seamlessly handle the request within their weekly processing cycle, channeling funds directly into your linked bank account.

Pros of Manual Withdrawals: Flexibility to withdraw any sum above £20 at your discretion. No restrictions on the frequency of payouts.

Cons of Manual Withdrawals: Potential delay of 3-5 business days before funds reach your account. Obligation to remember initiating payment requests manually.

Automatic Payouts

Automatic payouts unfold according to a predetermined weekly, monthly, or daily timetable. Once your available balance eclipses the £20 benchmark, funds seamlessly journey to your bank account on the designated date.

Pros of Automatic Withdrawals: Effortlessly executed without manual intervention. Establishes a reliable income rhythm.

Cons of Automatic Withdrawals: Relatively less adaptable compared to manual withdrawals. Requires consistent earnings to surpass the £20 minimum threshold each payout period.

Direct Transfers

Direct transfers via ACH or wire provide a direct route to your UK bank account. ACH typically completes within 1-2 days domestically, whereas wire transfers may extend to 3-5 days internationally. The minimum payout threshold stands at £20.

Pros of Direct Transfers: Swift processing within the UK with ACH. No constraints on payout amounts.

Cons of Direct Transfers: Possible bank charges for wire transfers. International wire transfers incur a £30 OnlyFans fee.

ePayments

With ePayments, you can swiftly move your funds to an e-wallet such as PayPal, facilitating transactions of up to £100 per transfer, processed within a day.

Pros: Speedy access to funds within your e-wallet. Minimal fees involved.

Cons: Transaction limit capped at £100. Additional step required to transfer funds from PayPal to your bank account.

How to Withdraw Money from Your OnlyFans Account

Here’s the step-by-step guide to withdrawing funds from OnlyFans:

1. Ensure your bank account is linked 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, head to the payout page.
4. For manual payouts, specify the withdrawal amount and submit a request.
5. For automatic payouts, activate recurring payments and set the frequency.
6. Verify your bank account details to prevent any hiccups or delays.
7. Anticipate funds in your bank account within 1-5 days, depending on the payout method.

Make it a habit to compare your OnlyFans pending and available balances regularly to track when earnings become eligible for withdrawal.

How Much Can You Withdraw from OnlyFans?

OnlyFans stipulates that your available balance must exceed £20 to qualify for a payout. Nevertheless, there’s no upper limit on withdrawals. You have the freedom to cash out your entire available balance each period if you so desire.

It’s crucial to bear in mind that OnlyFans claims a 20% share of your total earnings. Your payout will amount to 80% of your revenue on the platform after deducting their commission.

Certain payout methods may incur additional fees:

For ePayments: Expect PayPal’s standard 2.9% + £0.30 transaction fee. For wire transfers: Be prepared for a £30 fee levied by OnlyFans, along with potential bank charges.

While OnlyFans imposes no withdrawal ceiling, adopting a strategic approach is advisable. Withdrawing substantial sums infrequently could complicate your tax preparations. Consider opting for consistent monthly payouts to streamline your financial management.

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?

Withdrawal times on OnlyFans differ depending on the chosen payout method:

• Manual bank transfers: Typically take 3-5 business days to process.
• Automatic bank transfers: Also usually take 3-5 business days to process.
• Direct/ACH transfers: Process within 1-2 business days (available in the U.S. only).
• Wire transfers: Can take up to 5 days for international transactions.
• ePayments: Offers instant transfers to PayPal, with an additional 1-2 days for the funds to reach your bank account.

It’s worth noting that the processing time may vary based on your bank’s policies. While OnlyFans generally processes payouts within 2 days, your bank may take longer to clear and settle the funds. If your payout takes significantly longer than expected, reach out to OnlyFans support for assistance.

Why Won’t My OnlyFans Let Me Cash Out?

While the vast majority of OnlyFans payouts proceed without a hitch, here are some potential stumbling blocks that could hinder your withdrawal process:

1. Pending Period: Earnings generated within the past 7 days remain pending and cannot be withdrawn until this period elapses.
2. Insufficient Available Balance: You must have a minimum of £20 in your account to initiate a withdrawal.
3. Incorrect Bank Details: Ensure that your provided account and sort code numbers are accurate to facilitate a successful transfer.
4. Bank Transfer Limits: Some banks impose restrictions on online transfers for security purposes, which may impede your withdrawal.
5. Site Issues: Technical glitches on OnlyFans or with associated vendors might temporarily disrupt the withdrawal process. Consider attempting the transaction later or contacting support for assistance.
6. Suspicious Activity: Unusually large or irregular withdrawal requests may trigger identity verification checks as a precautionary measure.
7. Closed/Banned Account: If your OnlyFans account is not in good standing or has been banned, withdrawal options may be limited or unavailable.

Should you encounter unexpected blocks or delays in your payout, don’t hesitate to reach out to OnlyFans support. Their dedicated team can investigate the issue and work towards resolving any withdrawal-related concerns promptly.

Frequently Asked Questions

Can you get paid daily on OnlyFans?