Fees & Rewards
No surprises. Buying on SNEIQ is free, selling is a flat fee plus payment processing, and both are shown on every sale. Here’s the whole thing.
What sellers pay
A flat 5% platform fee plus payment processing, deducted when your item sells. Your payout is always shown as plain math on the order:
Sale price − 5% platform fee − payment processing = your payout.
| Item | Sellers | Buyers |
|---|---|---|
| Platform fee | 5% of the sale price | None |
| Payment processing | Passed through at cost | None |
| Minimum fee | $0.50 per sale | — |
| Listing / browsing | Free to list | Always free |
Worked example.Sell a $200 jacket → $10 platform fee (5%) → you keep $190 minus payment processing. On a small $8 card, the 5% would be $0.40, so the $0.50 minimum applies instead.
What buyers pay
Nothing extra. There are no buyer fees on SNEIQ — the price you see is the price you pay, plus any shipping and applicable tax at checkout.
When you get paid
Your payment is held securely until the buyer’s inspection window closes, then released to you. How fast it moves depends on your seller tier — the same trust ladder that also raises how much you can list:
- New seller(your first few sales) — released a few days after the inspection window closes, and your first payout gets a quick manual review. This protects buyers from new-account scams while you build a track record; you graduate automatically.
- Verified— released as soon as the inspection window closes.
- Established— released at inspection close, with the option of Instant Payout to a debit card for a small fee (about 1.5%). Instant Payout is a perk we’re rolling out for Established sellers; standard payouts are always free.
Your dashboard shows every order’s state plainly — pending (held) → available → paid out — so there are no surprise holds.
Sneiq Rewards — get paid to share
Anyone can turn a listing into income. Tap share on any item and you get a personal link. If someone buys through your link, you earn 25% of the platform fee on that sale, paid in Sneiq Rewards credit.
For example, on a $200 sale the platform fee is $10, so the sharer earns $2.50 in Rewards. The seller pays nothing extra, and the buyer pays nothing extra — it comes out of the fee we would have kept.
- Rewards are platform credityou spend on SNEIQ — on your next purchase or against seller fees. They are not cash and can’t be cashed out.
- Earnings are confirmed only after the order completes and the inspection window closes; refunds or chargebacks reverse the credit.
- Rewards expire twelve monthsafter they’re granted.
- Sharing rewards are strictly one level deep— you earn on sales through your link, never on anyone else’s sharing.
Every shared card carries a “Spotted by @handle” tag — that’s the built-in disclosure that you may earn from a share. See Community & Disclosure for how that works.
Questions about fees or Rewards? Email support@sneiq.com or visit the Help Center.