How to Cancel Patreon

Subscription in Few Steps

Patreon Refund Policy

You cannot get your membership fees back from Patreon. The rule is that it does not refund payments, and there are also no credits or refunds for partially used periods.

How Much Can You Save After Canceling Your Patreon Subscription

Cancellation of your Patreon subscription may result in significant savings based on your plan. As for the Pro Plan, you save 8% of your income plus processing fees and taxes. Premium Plan saves you 12% and more surcharges if applicable. If one chooses the Commerce plan, he will enjoy 5% off monthly sales and other charges. These add to savings, especially when high processing and currency conversion fees are imposed.

Where to Invest That Amount

Once you stop being a patron on Patreon, there are several avenues through which these funds can be invested:

Stock Market: You could invest in shares or exchange-traded funds (ETFs) that are likely to return higher returns.

Retirement Fund: For future financial security while benefiting from tax advantages, consider contributing to an Individual Retirement Account (IRA) or 401(k).

Debt Repayment: The extra dollars can be used to pay down expensive debts, thus reducing the overall financial load.

Alternatives to Patreon

Podia

Podia is a versatile platform for creators to sell courses online, digital downloads, and memberships. It also offers email marketing, drip content, and affiliating programs. Therefore, it offers a complete solution to its customers by providing simple pricing and not charging transaction fees.

Sellfy

Creators can retail Sellfy physical products or digital goods, which the store customizes for its website users. Subscriptions can also be offered. To sell custom merchandise without inventory, Sellfy supports print-on-demand services, among other additional features that streamline the selling process. Resellers would find this feature useful since they can easily reach out to customers while maintaining efficiency.

Ko-fi

In Kofi, creators can set up a free page where they can present their creative work and interact with their fans easily. This enables them to make money from their content conveniently and without much stress.

Conclusion

After canceling your Patreon subscription, you can save a significant amount. Investing wisely can make your wallet secure and happy for the future. Try Beem for personal loans, retirement plans, high-yield savings accounts, credit monitoring, and health solutions. Turn your savings into an efficient financial strategy with Beem today!