12 Feb 2008 LuckyOliver Lowers Payout Threshold
LuckyOliver now have one of the lowest payout thresholds in the market at just $25. Added to that, they’re allowing all contributors with more than $1 (yes, one dollar) of accrued earnings to take a payout “on Valentines Day this year and every year”.
SnapVillage has the lowest threshold at $10, with all royalties paid out at the end of each calendar year.
LuckyOliver CEO, Bryan Zmijewski, said in the announcement that the change is designed to encourage hobbyist contributors with smaller portfolios who may not reach payout as often as they’d like.
The change will actually be welcomed by all contributors as at all newer agencies the previous threshold of $100 is not always reached every month, even by contributors with large portfolios.
Update: This post initially stated that LuckyOliver had the lowest threshold in the market, which I changed after being reminded about SnapVillage.