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How to get PAID per video on TikTok!! *NEW UPDATE* (creator fund)

How to get PAID per video on TikTok!! NEW UPDATE (creator fund)

Hey guys, it's Ria. Welcome or welcome back to my channel. In today's video, I'm going to teach you how to activate the new setting that TikTok has just released as of September 1st, 2020, which enables you to make money off every single TikTok video you post. This update is a game-changer and means you can now do TikTok as a full-time job, getting paid for your creativity and video-making skills.

What is the Creator Fund Update?

The new update is called the Creator Fund Update and it was officially launched on September 1st, 2020. This update allows you to start earning money from TikTok with just a few clicks. TikTok has been amassing millions and billions of pounds to support creators like us, aiming to secure a career in video making.

Here are the fund details:

  • £54 million Creator Fund for the UK and all European countries.
  • £1 billion Creator Fund in America.

If you live in one of these regions, you can start earning money from TikTok today. If you don't, check your settings to see if this feature is available, as it might be coming to your region soon.

How Does It Work?

The new system works similarly to YouTube: the more views you get, the more money you earn. Currently, the payment rate is around 2-3 cents for every 1,000 views. Though it might not seem like much, it can significantly add up, especially if you get a viral video. Payments are done monthly, and you can cash out once every month.

Steps to Activate the Creator Fund

Step 1: Update Your TikTok App

First, you need to ensure that your TikTok app is updated to the latest version. Go to the Apple App Store or Google Play Store and update your app.

Step 2: Switch to a Pro Account

  1. Open the TikTok app.
  2. Go to your profile and click the three dots in the top right-hand corner.
  3. Navigate to "Manage Account".
  4. Tap on "Switch to Pro Account".
  5. Choose your account type (Creator or Business).
  6. Select the category that best describes your content.
  7. Complete the setup.

Step 3: Activate the Creator Fund Setting

  1. Go back to your profile and tap the three dots in the top right-hand corner.
  2. Select "Pro Account".
  3. Choose "TikTok Creator Fund".

Ensure that you meet the following criteria:

  • Based in the UK, Germany, France, Italy, or Spain.
  • Have a good TikTok account with no community guideline violations.
  • At least 18 years old.
  • Have a minimum of 10,000 followers.
  • At least 10,000 video views in the last 30 days.
  • Post creative and happy content.

Fill out a three-page application asking for your full name, address, postcode, tax information, and VAT status. Once submitted, you’ll see a confirmation message that you’ve joined the TikTok Creator Fund.

How to Track Your Earnings?

Your Creator Fund dashboard will show your earnings (updated every three days). You can withdraw your balance approximately 30 days after the end of the month.

Conclusion

Activating the TikTok Creator Fund can turn your hobby of making videos into a full-time job. If you have any further questions, feel free to comment below or DM me on Instagram. Happy creating!

Keywords

  • Creator Fund Update
  • TikTok earnings
  • Pro Account
  • Creator Fund settings
  • TikTok payments
  • Viral video
  • Video views
  • Monthly cash out

FAQ

Q: How do I switch my TikTok account to a Pro Account?

A: Go to your profile, click the three dots in the top right-hand corner, navigate to "Manage Account", and select "Switch to Pro Account". Follow the on-screen instructions to complete the setup.

Q: What are the eligibility criteria for the TikTok Creator Fund?

A: You must be at least 18 years old, based in the UK, Germany, France, Italy, or Spain, have a good account standing (no guideline violations), a minimum of 10,000 followers, and at least 10,000 video views in the last 30 days.

Q: How are payments calculated and when can I withdraw them?

A: Payments are calculated based on views, with the current rate being around 2-3 cents per 1,000 views. You can withdraw your earnings once a month, approximately 30 days after the end of the month.

Q: I activated the fund today but haven't seen any earnings. Why?

A: It takes about three days for the earnings to reflect after you post a video. If you don't see any earnings immediately, it might just be that the three-day processing period hasn't passed yet.

Q: What kind of content is eligible for the Creator Fund?

A: The content must be creative and happy. Ensure you are not violating TikTok's community guidelines to maintain a good account standing.

Feel free to reach out if you have more questions or need further clarification! Enjoy creating and start earning!

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