Making the work
Growing an audience
Running the business
beehiiv charges a flat fee once a list outgrows the free tier, and nothing changes hands with readers beyond Stripe's own processing; paid subscriptions are included free to 2,500 subscribers. Substack charges nothing to start and has no plan to pick, then takes 10 percent of every dollar a reader pays, forever. Early on, Substack is the cheaper trade, because ten percent of nothing is nothing. The real question is what happens once a list is actually earning.
Newsletters with paid subscriptions and referrals
Paid subscriptions with a reader network attached
beehiiv | Substack | |
|---|---|---|
| Starting price | From $49 | Free |
| Pricing model (they differ) | Free plan, paid tiers | Free |
| Free tier | Yes | Yes |
| Billing (they differ) | Monthly or annual | Usage-based |
| Free trial | None | Not stated |
| API | Yes |
Newsletters with paid subscriptions and referrals
beehiiv handles sending, paid subscriptions, a referral program and a basic website, which covers most of what someone writing a weekly letter actually needs. It was built by people who ran Morning Brew, and it shows in the growth tooling. Automation is thinner than a dedicated email platform.
Our note
If you are starting a newsletter you intend to charge for, start here. The free tier goes further than it looks, the growth tools are the reason people stay, and the export is clean if you decide to leave.
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Paid subscriptions with a reader network attached
Substack takes 10 percent of subscription revenue and gives you distribution in return, through Notes and recommendations from other writers. That trade is good early and expensive later. Exporting your list is easy, which makes it a reasonable place to start.
Choose beehiiv once a publication is earning enough that a percentage cut stings. The free plan already includes paid subscriptions to 2,500 subscribers with no revenue share above Stripe's own rate, and Scale at $49 a month keeps that same flat structure as the list grows past that point. The export is clean, so moving a list in from Substack later costs only the time it takes.
Choose Substack to publish this week with nothing to configure and no plan to choose. It costs nothing until a reader pays, and then it keeps 10 percent of that revenue plus Stripe's processing, in exchange for Notes and recommendations from other writers, which is where most Substack growth actually comes from. That trade favors a writer with no list yet over one already earning a living from it.
Ratings are the average of reviews readers left. The facts are stated by each tool’s own listing and are not verified by CloutStack. How we make money.
| Not stated |
| Data export | Everything, in an open format | Not stated |
|---|
| Their cut (they differ) | None | 10% of what you earn |
|---|
| Runs on | Not stated | Not stated |
|---|
| Covers | Newsletter & Email, Monetization & Payments | Newsletter & Email, Memberships & Subscriptions |
|---|
| Works with | Substack | Podcast, Substack |
|---|
| Founded | Not listed | Not listed |
|---|
| Reader rating | No reviews yet | No reviews yet |
|---|
| Live deals | None right now | None right now |
|---|
Shaded rows are where the two answers disagree and both listings have answered. A row where one side has not stated a fact is left plain, because silence is not a difference.
Our note
Start here if you have no list and no evidence anybody will pay for your writing. Move the year that 10 percent passes what beehiiv or Kit would charge you flat, and take the list with you, because that crossover arrives sooner than most writers plan for.
Only on this side