How much Tutor DB charges tutors/freelancers for service fee?
If you're a tutor on Tutor DB, you might be wondering how much the platform charges for its services. Here's what you need to know:
Tutor DB charges a commission fee of 7% on each lesson fee that you charge your students. This means that if you charge $50 per hour-long lesson, Tutor DB will deduct $3.50 from that amount and pay you $46.50.
It's worth noting that this commission fee only applies to your lesson fees. Tutor DB does not charge tutors for any other services, such as listing their profiles on the platform or communicating with students. In case your bank account requires a currency exchange, there will be a ~2% additional fee. This is charged by the payment processor, not Tutor DB.
To ensure that you receive your payouts promptly, make sure to set up your payout method correctly on Tutor DB. You can choose to receive your payouts via Payoneer or Stripe services, and you'll need to provide your account details accordingly.