Reedsy charges both professionals and clients a 10% fee on a completed collaboration (plus a standard 2.9% processing fee on payments). For example, if you send a quote for $1,000 Reedsy will take $100 from your payout and your client will be paying $1,100 in total. In the event of a dispute, the Reedsy fee is non-refundable.

Does Reedsy offer discounts on collaborations?

Yes! discounts are now automatically applied! The following rates will apply:

$0 – $5,000 > 10%
$5,001 – $10,000 > 9% each side
$10,001 – $15,000 > 8% each side
$15,001 and above > 7% each side

How does that affect previous collaborations? Previous projects are taken into account, so for instance if you've already worked with a client multiple times and the total value of your projects with them is above $5,001, you will only be charged 9%.

Does it only work for repeat projects? No! That's the big change we are introducing. Discounts are applied to any collaboration, whether it's the first one with a client or not.

How does the calculation work?
The calculation is progressive — a bit like tax brackets except that the more you earn, the cheaper Reedsy becomes!

No action is required on your end and the discount will apply to any new collaboration on Reedsy.
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