Analyst verdictFree newsletter and publishing platform that keeps 10% of paid subscriptions
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The easiest free start and the biggest built-in reader network for a newsletter, paid for with 10% of every subscription and less control over your brand, sending address and marketing tools.

Reviewed 2026-11-07Editorial score

What it is

Substack hosts your newsletter, website and archive, with podcasts, video, live video and subscriber chat, inside a reader app where Notes, recommendations and the app feed bring writers new subscribers. Publishing is free at any number of subscribers. If you turn on paid subscriptions, Substack keeps 10% of each subscription payment, and Stripe charges its card fee (2.9% + $0.30 per payment on US cards) plus 0.7% for Stripe Billing; readers pay the price you set, and in-app iOS purchases can cost more to cover Apple's fees. A custom domain is a one-time $50, but emails are still sent from a substack.com address. You can export your subscriber list and posts, and paid subscriptions run through your own Stripe account. Fees checked November 13, 2026 on support.substack.com.

Best for

  • Writers starting a newsletter with no budget
  • Writers who want readers from a built-in network and app
  • Paid newsletters that are still small, where 10% is less than a flat plan

What we like

  • Free at any list size; you pay only when readers pay you
  • Notes, recommendations and the Substack app bring new subscribers
  • Newsletter, website, podcast, video and chat in one place with no setup
  • Subscriber and post export, and paid subscribers sit in your own Stripe account

What to watch

  • Keeps 10% of paid-subscription revenue, on top of Stripe fees, at any size
  • Emails always come from a substack.com address, even with a $50 custom domain
  • Limited design control and few marketing tools: no visual automations or advanced segmentation
  • Readers you win through the app and Notes stay tied to Substack's network if you leave
Rankings

Where Substack ranks

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