The other day I accidentally deleted a post about FreeCardMatrix.com.
I pressed delete because I saw a URL prominently in the comment field and I thought it was more blog spam.
As the message was dying, I realized the person was trying to say that Free Card Matrix would now have a residual income component.
I couldn’t resurrect the now dead comment, so I decided to go back and check out the FreeCardMatrix.com website.
Here’s what the Free Card Matrix web page still says about the “Source of Commissions”… all appear to be solely from the activation of new accounts. I still didn’t see any mention of a residual income component in the sense of receiving ongoing income from account charges…
All card issuers have acquisition costs associated with acquiring new Cardholders. They are willing to incur these costs because of the off-setting profits from people’s use of the cards over the long term. It is from these acquisition costs that we are able to pay the referral commission to you since you will be the source of new Cardholders for the banks.
Checking further, there is a “Phase 2″ “Residual Swipe Program”.
When I check that link… it says…
The Residual Swipe Plan - Details Coming Soon !
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