The tables that were shared in the previous post were the same tables that already exist in this help center article, and not the new versions. You can find the updated previews of how common tier prices will be priced below, the date that we’ll make the update stays the same. Thanks for all your questions so far!
Back in December, we sent an email notifying you that we would be taking steps to adjust our price book rates (the price book is how we determine tier prices for international patrons).
We wanted to follow up and let you know that we will be updating the rates on Feb 22, 2021. We will also notify you of this change via a pop-up in your Patreon account.
This update will only affect the tier prices that new patrons see when they are paying in a currency that is different to your payout currency.
A few reminders:
We’re doing this as exchange rates are now well above the 4.5% buffer we have in place to protect creators against these types of fluctuations.
Nothing changes for your existing patrons. They’ll have the ability to opt into new pricing when they visit their Patreon account, but that choice is up to them.
In advance of changing the rates, here’s a preview of how common tier prices will be priced in GBP, EUR, CAD and USD based on the new rates:
To read more about how tier prices are converted, click here.
As always, if you have any questions, feel free to thread them here. Our team will be available to provide clarity in this thread for the rest of this week!