1. How can I get paid so much money when no one is buying anything?

The cost of acquiring new cardholders is very expensive for credit card issuers (Banks), but well worth the investment to them. How many costly direct mail and telemarketing pitches have you received in the last month alone? Consider the million-dollar advertising campaigns you see on television, radio, and in print media. And some banks offer low, or even zero interest for several months to attract new customers, which is also part of their acquisition costs. Our program puts that money into referral commissions for two great reasons: 1) Receiving an invitation to look at something from a friend is much more effective than getting a sales-pitch phone call during dinner. 2) Having the opportunity to earn money to spread the news also motivates people to go ahead and apply for a card…especially when it's No Fee. Since credit cards can generate profit for the issuing bank, the bank is willing to "buy" the Cardholder. This is like any other good business investment for the bank.

2. Are credit cards being issued now?

Yes, for residents of the United States (USA), Canada, United Kingdom (UK), and the Netherlands.

3. I already own a Credit Card(s), why should I or people I know want another one?

Well, in order to become involved in this program, you must apply and be approved for one of our network credit cards. If you already have a card you enjoy using, you can easily use this new card to transfer high interest balances to the low introductory APR rate of our card(s). Also, in the future we will be able to “leverage” the Free Card Matrix network to negotiate better % (APR) rates, cash back bonuses and rewards from the card issuers.

4. What is my Referral ID?

When you register on line, you can choose 5 to 20 letters or numbers for your Referral Identification. This ID will be immediately confirmed when you submit it. Your unique Referral ID allows us to connect you to your “upline” and “downline” so we can track and pay the commissions. This ID will also be a part of your own FreeCardMatrix.com website for referring associates. Of course, you will need to submit a registration yourself before you refer anyone. While FreeCardMatrix.com has significant costs associated with providing this service and business opportunity to you, those costs are covered by part of the fees paid by the affiliate banks.

5. Can I sign up as a company rather than in my personal name?

You may sign up for the Free Card Matrix Referral Program in your company name, but you must apply for the business credit card (USA only) that we offer and get approved. If you aren't a legitimate business, we suggest signing up as an individual.

6. How old do you need to be to participate?

You must be 18 years or older to participate and get approved for a credit card. We do offer a “Student” Credit Card option for college students in the USA. Even if you’re not a college student, you can still participate at the age of 18.

7. Can people outside the United States participate in the Referral Program?

Yes, even though we do not offer an International credit card, you can still refer USA, Canada, UK, and Netherlands residents to this program and receive commissions through 10 levels. * A $35.00 USD fee is deducted from your first commission payment to participate as an International/Marketing Associate. If you do not refer anyone, you do not have to pay us any out of pocket expense, no obligation.

8. I live in the United States, Canada, UK, or Netherlands; do I have to apply for a credit card to participate in the Referral Program?

Yes, this is how we are able to build down lines and make commissions for all associates to benefit. We do offer you the opportunity to enter the program as a Marketing Associate (read #7 above) if your current financial and credit status prevents you from getting any of our cards. Once your status improves, you can then get a card, and we will refund you your $35.00 (if applicable).

9. Is this Multilevel (Network) Marketing?

No, this type of business is called "referral marketing" or "direct recruiting". We sell no product or service, just refer friends and family to our free credit cards and get paid for your referrals and the referrals of your organization.

10. Can I send “SPAM” emails?

ABSOLUTELY NO SPAMMING! We absolutely must protect the integrity of this program. If you have any questions about this, please read our Anti-Spam Policy.

11. Can I advertise?

Yes, BUT you cannot make any claims that we do not make in our website, you may not make income potential claims, and you must include the fact that you are an “Independent Associate” after your name or contact information. You may send email messages to people that you know (and who know you) to advise them about our Associate referral program.

12. Are there tax advantages to doing this referral program?

In the USA, any expenses associated with developing and running a business are probably tax deductible. That can include your computer, an office in your home, and maybe some travel. That can become pretty exciting if you refer people who live in Hawaii. You must consult with your tax advisor. The tax benefits from having your own business can be significant!

13. Is your site Secure?

Yes, we use SSL technology for a secure site and back-end system to protect any sensitive data you provide us.
 

1.1. Do your cards have low interest rates or balance transfer options?

Yes, that is the big draw to you receiving one of our free referred credit cards.

2. What if I don't like to use credit cards?

That’s fine, it is not required that you use your card, just that you apply, get approved, and activate one of our cards. It is to our networks advantage to use our cards, so we all build “leverage” for better interest rates, cash rebates, and rewards programs in the future.

3. What is the process once I get “approved” and receive my new card?

In addition to the bank activation sticker found on the front of the card, you will need to login to your admin panel at FreeCardMatrix.com to register your newly approved card so we can verify it. We only require the first four and last eight digits of your new card (anti-fraud), the card issuer (ex. Chase), and the expiration date to verify your card approval.

4. How many types of cards are available to apply for and qualify?

We will have 10 card choices (USA Associates): 4 Prime Cards (Excellent or Good Credit), 1 Sub-Prime Card (Poor or Bad Credit), 2 College Student Cards, 2 Business Credit Cards and 2 Prepaid Debit Cards (100% approval). Canada, UK, and Netherlands options will vary.

5. What if I or the people I want to refer have bad credit?

In this case, our sub-prime or prepaid debit card is the best choice for approval.

6. How long does it take to see if my application is approved?

Some of the cards feature rapid approval, usually in less than one minute, when the bank's system is able to confirm that all your information meets its criteria. Once you have been approved, you can expect your new card to arrive in about 5 to 14 days, though some banks may take longer. If the bank's system has a question about your application, you will usually receive a message that it will get back with you. This means that a credit analyst will review your application (usually within one business day). If you are "manually" approved, you will be notified via email or regular mail. If the bank determines that it cannot approve you for its credit card, it will mail you a letter. This letter will reference the credit reporting agency that was used and provide you with information on how to contact it with any questions that you may have. This is all a part of the consumer protection regulations that govern this process.

7. Do I actually give away the Credit Cards to other people?

No. All you are really doing is referring people to your FreeCardMatrix.com referring website (ex. www.freecardmatrix.com/johndoe). So you don't actually handle cards yourself. Free Card Matrix also does not give away nor issue credit cards. Participating card issuing financial institutions take the applications, make credit decisions and issue credit cards.

8. Can I apply and get accepted for more than one credit card?

Yes, you can apply for as many of our network credit cards as you’d like. We will be distributing associates cash “bonuses” if they do get accepted for more than one of our cards. Remember, the power of our network will leverage us more rewards in the future (i.e. Vacations, Entertainment Systems, Cash Rebates, etc...)

Referral and Commission Questions

1. Do I have to wait until I get my card approval before I start referring other people?

No. You can start referring people as soon as you submit your application to become an associate, have your own Referral ID website, and have read and accepted our Anti-Spam Policy.

2. Do I have to inventory anything?

Absolutely nothing. While many MLM programs require you to invest in a garage full of merchandise, we don't have anything to send to you but commissions and rewards!

3. Can I refer my spouse or other household members?

Yes. If your spouse or children can develop their own organizations, then it can be profitable to refer them. However, you don’t want to “stack” family members in order to create another organization. With our program, there are no advantages, but there are distinct disadvantages. For instance, since you get maximum commissions (10 levels deep) when you have at least 5 personally referred cardholders, if you stack another position, you’d have to refer at least 5 cardholders under that position too, and you’d earn exactly the same amount by referring all 10 yourself. Also, there will be many forms of additional commissions that will flow through your organization, and they will favor those with larger numbers of personally-referred members.

4. Can I refer people who don't get email or use the Internet?

Yes, you can guide them through the application process with your laptop, or at an internet café, library, work office computer, or home computer. Free Card Matrix is an online based business.

5. How will I know who has signed up in my organization?

FreeCardMatrix.com will send you an email when people you personally refer become an associate. You may also monitor your organizational genealogy and watch your commissions grow in the member’s admin section. Of course, it is always a good idea to personally follow up with those you refer. Most successful Associates are sending personal welcomes and the offer of support to their new associates. Remember, their hard work will make more money for you, be a MENTOR AND ROLE MODEL!

6. When will the commissions be paid each month?

Free Card Matrix shall pay earned commissions to their associates within 45 days after the close of the earned commission month. For example, an associate earns commissions in the month of March. He/She shall receive the March commissions on or before the 15th of May. Commissions must reach $50.00 in any pay period in order to be paid in that pay cycle. If your commissions are below $50.00, we will hold them until you reach $50.00 or for one year, whichever comes sooner.

7. When do I need to have my personal Cardholder width in place (5 Personal Referrals) to qualify for my maximum depth (10 Levels Deep)?

There are two “commission trigger” elements that have to be in place.
 
1) Commission payments are based on a confirmed Credit Card being activated by the Cardholder. That is done by them after they receive their card from the bank. Activation is the final step in the Cardholder’s acceptance of the bank’s terms. That card then has to be submitted into our system for verification on our end.

2) Free Card Matrix will close each month’s qualification activity (element 1 above) at midnight (GMT) on the last day of the month. If your width of activated Cardholders is in place before that time, it will count for that month’s commissions. Even if the bank's timing is different on their payment to Free Card Matrix, your account will be credited appropriately and payment to you will be made after we are paid by the bank. Since it takes up to two weeks for the card to be mailed to the Cardholder, if they activate immediately upon its receipt (we hope everyone will do that), as a practical matter, that means that you will have probably referred that person within the first two weeks of that month. If you miss out on depth commissions for a given month, you can never recover lost commissions. But when you subsequently add qualified width later, you will be able to qualify for matching depth volume from then on. So we can simplify this issue a lot by encouraging you to get your 1st level width (5 people) as fast as possible. Once it’s in place, you don’t have to worry about it. Remember, it has to be Cardholders who have activated their cards through the bank AND their personal admin system of Free Card Matrix. So referring a few extra people is a safe thing to do.

8. Do I benefit from activity below my 10th level?

Not directly, but the indirect benefits are critical. All the people within your 10 levels have 10 levels of their own, and the income those levels produce motivates the people within your 10 levels to keep personally referring, and that activity adds to your commissions. REMEMBER, you can refer unlimited width on your 1st Level, so this can be an ongoing business for you for a LONG time! This is a “Reloading” type opportunity, as every day someone is turning 18 years old and is eligible for a credit card.

9. Is this a Residual Income or a one time pay out income?

The 10 level matrix is a one time payout for referring new approved associate cardholders. The great thing is your matrix stays in tact for the life of this network (Free Card Matrix), so any future benefits we offer will flow through the same exact organization (matrix) that you develop. We plan to offer future benefit opportunities that will dwarf the Credit Card referral commissions.

10. Will this compensation program ever change?

It is our intention to continue this program for as long as it is successful. At the same time, we reserve the right to modify the program as necessary. Of course, we will notify you by email of changes and improvements. Also, we are developing a large global network that will command leverage for future growth in other areas of financial services and global commerce. You will be introduced to many more compensation opportunities in the future through the Free Card Matrix Network.

11. How do you pay your associates?

We pay via check (USA) or Postal Money Order (International), sent in the mail. We are researching e-wallet payment opportunities at this time.