Starting a business checking account can be a tough job especially for people in the adult entertainment world. 

OnlyFans creators and agencies face even bigger problems when trying to find a bank that’s okay with the adult entertainment field. 

In this post, I’ll tell you about my recent search to find a bank that backs OnlyFans creators, and share some useful tips for others dealing with similar money issues.

The Online “Bank” Problem

At first, I thought about starting a business checking account with an online “bank.” But online banks aren’t traditional physical banks, and they have some risks. 

Many online banking services, like Wise.com and Revolut, work well for newcomers, but they might freeze your money or shut down your account when you start making a lot of money. 

This can bother OnlyFans creators who need steady cash flow.

Wise.com and Revolut are good choices to begin with, but you need to be careful as your earnings grow. 

When that happens, these platforms might put limits on your account, so it’s smart to look into other banking options to protect your money.

Researching OnlyFans-Friendly Banks

We looked into several banks to find out if they had any rules or limits on adult entertainment for OnlyFans creators. 

Many big banks have policies that don’t work well for adult content creators. 

Banks like KeyBank, PNC Bank, Wells Fargo, Chase Bank, Chime, US Bank, and TIAA Bank have restrictions that make them a poor fit for OnlyFans creators.

The Local Bank Advantage

While big banks might put up roadblocks, smaller banks and credit unions take a more flexible and understanding approach. 

Many OnlyFans creators have found success with local credit unions, which tend to be more relaxed about your business type. 

But if you need a business account, credit unions might not always have the right options, so it’s a good idea to check out local banks in your area too.

For creators outside the U.S., banks in places like Cyprus are also worth a look. These banks are often more willing to work with adult entertainment businesses and could be a solid alternative to U.S.-based banks.

Online Banking Solutions: Limited Options

Only a handful of online banks accept payments from OnlyFans. This creates a challenge for content creators seeking a digital banking option. 

To protect your earnings, it’s smart to open several accounts on different platforms. This includes the regular accounts we talked about earlier. 

Doing so helps make sure you can always access your money.

Conclusion

Locating a bank for your OnlyFans-related business can be tough, but many content creators discover that local banks or credit unions suit them best. 

If you’re trying to figure out banking in the adult entertainment industry, take a look at local banks and credit unions, and be upfront about your business. 

Having straight talks with your bank can lead to a better banking relationship and give you peace of mind.

The secret to a good banking experience is clear communication, so feel free to talk about your specific needs and worries with the financial institution you pick.

Frequently Asked Questions (OnlyFans FAQs)

Is it hard to make money on OnlyFans?

Yes, making money through OnlyFans content creation is hard.

As with anything else in this world that is desirable, it takes great effort and time. 

However, there are ways to skip a couple steps of the learning process. 

The best approach is to team up with someone – whether it might be a friend, another creator or, if you want to do it as professionally as possible, an OnlyFans management agency like Breazo Management.

How to be successful on OnlyFans as a beginner?

As just mentioned, the best way for beginners to get started is to not do it alone. It is undeniably as simple as that. 

Getting help from OnlyFans agencies like Breazo Management or other creators on the platform who already do quite well can make a huge difference. 

OnlyFans management agencies, for instance, give you practical advice to boost your following and handle the boring stuff for your OnlyFans account, so you can put all your energy into making great content.

Especially for OnlyFans marketing, this can be a real game changer.

So, you’re still wondering how to set up an OnlyFans account to make money, how to start an OnlyFans without followers or how to promote your OnlyFans specifically?

How much do people make on OnlyFans?

If you’re wondering how to make 10k a month on OnlyFans, the answer to this question might be quite disappointing.

The average income on OnlyFans is $180 per month. 

So, to no astonishment, not even close to what the top 10 OnlyFans earners make on the platform. 

And obviously, this amount won’t let anyone quit their day job – but it can add some extra cash. 

However, with help from a top-level OnlyFans agency like Breazo Management, creators have the potential to make more than $50,000 a month within the first six months of being on the platform.

Can men make money on OnlyFans?

Yes, men can also make money on OnlyFans.

However, women tend to earn more on the platform. But at the same time they face tough competition, which gives male OnlyFans models a chance to stand out and do well.

The key as a man is to know your target audience well so you can market your content appropriately. 

Male top OnlyFans earners (top 1%) usually make $6,000 to $20,000 per month. 

How much money can you make on OnlyFans?

It comes as no shock that there is no general answer to this question.

As mentioned above, the average income on OnlyFans is $180 per month. 

However, some top earners on OnlyFans can make millions of dollars each month, which is quite common for successful creators on the platform.

So, to sum up, as with anything else in life, there is no limit on how much money you can make on OnlyFans.

Can you make money on OnlyFans without showing your face?

Yes, you can make money on OnlyFans without revealing your face. 

You also have the option to use a pseudonym and maintain complete anonymity. 

Keep in mind that OnlyFans content creators who show their faces tend to attract more subscribers.

What percentage does OnlyFans take?

OnlyFans takes 20% of the viewer’s subscription fees. These 20% have an impact on hosting, support referral payments, and payment processing. 

The fee structure is one reason OnlyFans is so popular compared to other adult content platforms – it gives creators more control and ownership over their content. 

However, to maximize your earnings, you need to build a large network of subscribers who want to view your content. 

The more subscribers you have the more chances you have to send private content and make extra money.

Disclaimer: This blog post gives general info about setting up a business account for people in adult entertainment, including OnlyFans creators. It’s not financial advice. Bunny Agency LLC won’t be held responsible for any money you might lose.