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beehiiv vs Substack

Two of the biggest newsletter platforms — here's how they actually differ on fees and features.

beehiiv and Substack are the two platforms most newsletter creators consider first. The biggest practical difference isn't features — it's how each one makes money from you.

beehiivSubstack
Free planUp to 2,500 subscribers, full featuresFree at any list size
Cut of paid subscription revenue0% — you keep it all (minus Stripe fees)10%, plus Stripe processing fees
Paid plans beyond free$43–$290/month as your list grows past 2,500No separate plan — Substack only earns from its revenue cut
Built-in reader discoveryCross-promotion network (Boosts)Large built-in recommendation network between publications

If you plan to charge for subscriptions and expect meaningful revenue, beehiiv's 0% cut usually wins out once you're past a small list — Substack's 10% adds up fast on real income. If you want the simplest possible free setup and value Substack's built-in reader-discovery network more than owning 100% of subscription revenue, Substack still makes sense, especially early on.

Frequently asked questions

Which one is actually free?

Both have a real free tier — beehiiv up to 2,500 subscribers with full features, Substack at any size but with a 10% cut of anything you charge readers.

Can I move my subscriber list if I switch platforms later?

Both let you export your subscriber list, but check each platform's current export terms before committing — data portability policies change over time.