Car and House Bonuses
The MiVeda Car and House Bonuses have been designed to add extra rewards to Members who build large businesses and achieve proven, successful results.
Car Bonus
The Car Bonus will be offered to a Member who, in 3 consecutive months, both:
- Qualifies at Emerald level or above, and
- Earns a minimum monthly payment of $1500 per month – note that is a monthly payment amount not a Group Volume amount.
The Car Bonus will be:
- At least 10% extra over and above the Member's normal monthly payment
- A minimum of $250 and a maximum of $1,000 per month
- The car bonus duration is 3 years
The Car Bonus will be paid, at the discretion of the company and only in genuine circumstances. The bonus will only be paid if the Member:
- Purchases a new car after qualifying for the bonus and provides proof of purchase and personal ownership, and
- Maintains the minimum ongoing required qualifications of Emerald level or above and $1,500 (or more) monthly payments on generated product sales volume
House Bonus
The House Bonus will be offered to a Member who has qualified for the Car Bonus continuously for at least 3 years.
The House Bonus will be:
- At least 10% extra over and above the Member's normal monthly bonus
- A minimum of $250 and a maximum of $1,000 per month
The House Bonus will be paid, at the discretion of the company, only in genuine circumstances and only if the Member:
- Purchases a new house after qualifying and provides proof of purchase and personal ownership, and
- Maintains the minimum ongoing required qualifications of Emerald level or above and $1,500 (or more) monthly payments on generated product sales volume
- the duration of the house bonus can be variable and this should be discussed with MiVeda Management
Avoiding Over-Commitment
The Car and House Bonuses are designed to add considerable extra rewards for high-achieving Members.
Eligibility requirements for these bonuses include purchase of new assets, for which Members might enter into financial commitments. Because of this, MiVeda wants Members to avoid the risk of stress from having additional work or financial pressures in order to meet the qualification requirements on an ongoing basis. To help Members avoid this, MiVeda wants to be confident that a Member who takes advantage of these bonuses has a stable, consistent, and well-performing qualifying business.
For this reason, MiVeda has placed stringent requirements on qualifications for the bonuses. MiVeda urges all Members to discuss the bonus programs with corporate management staff and their upline before they apply for and start this particular reward program.
