People who love traveling will quickly grab onto any deal that helps them cut back some cash. This is where Paycation Travels comes in. The company leverages on that to sell out affordable traveling products to travelers. But there is more to it and that is what this article seeks to explore.
Now, I need to be frank with you. I have been making money online for over 20 years, and I have major concerns with the Paycation business model—which is essentially an MLM.
My main concern with Paycation is the same concern I have with other MLMs: you make money based on selling someone else’s product. Essentially, the harder you work, the bigger the OTHER person’s business gets. Since you only make money by selling someone else’s product, the product owners may not pay you. They may change their commission structure or even remove their products from the market. I have PERSONALLY had all these things happen. To avoid these pitfalls and learn a business model that puts you in total control, click here! You keep all the profits and you own all the products. Plus, it takes less time to set up than a Paycation business. It even uses a loophole in the Google Maps system to get you automatic monthly payments.
Here’s a video of my daughter’s business using this :
The course my daughter used above is much better than the Paycation program. But since you are here to learn about Paycation, lets get back to our review of that:
If you have always thought of making some money from home, you may have come across Paycation at least once. But how do people earn that money? Is the company only targeting travelers, and are they legit?
If you want to get all your questions answered, continue to read this article.
Who is the Founder of Paycation?
The company was founded by David Manning in 2001. A quick look at David’s profile reveal that he has always specialized in the travel, cruise, and vacation industry. He also founded Xstream Travel. David worked as a compensation Plan Design specialist for 17 years and this probably explains why most of his businesses are based on a compensation model.
What is Paycation? How Does it Work?
Paycation Travel now called TraVerus is a multi-level marketing company that allows people to earn money in two ways; recruiting more travel agents or recommending travel products to others. However, they earn more commission on recruiting people than from recommending products. The company does not have travel products. They are affiliates to third parties travel partners.
How Does One Get Involved with Paycation?
The company has three membership levels. The membership you choose influences your earning and eligibility for compensation. There is a $40 annual fee for all memberships.
- Travel Club Member Independent Associate
This costs $29.95 a month and you will be a Travel Club member. The members earn money on the sale of travel products. They are also eligible for Paycation’s Residual Income Program.
- Referral Travel Consultant (RTC)
This membership costs $99.95 for the first month and then $59.95 for the subsequent months. At this stage, you will have access to a personal travel website and a personalized booking page. You will also be able to track your growth through a dedicated back-office portal. There is also a 65% commission on every travel that is booked through your portal. You will also earn 20% commission on all travels you refer to the corporate website. You can also participate in the commission program to be eligible for coded and leadership bonuses. You are also eligible for tax benefits.
- Certified Travel Consultant (CTC)
An RTC can become a CTC after taking the Certified Travel Training and passing the certification test. You will be required to pay $149.95 for the first month and $59.95 for the subsequent months. A CTC is eligible for a 75% commission on all travels they book directly. You can also earn 20% commission on all travels you refer to the corporate website.
Qualified RTCs can earn Coded Bonus commissions if they enroll active Independent Associates into the program. They can only start earning these bonuses after recruiting the third person. The first two do not attract a Coded Bonus. After the first two, there is no limit to the Coded Bonuses you can earn. When you recruit more people, you earn more.
The plan is a 3×7 matrix where agents are expected to recruit a certain number of people at each stage. The number of people increases as they go higher up the ladder.
The Affiliate Membership Rank
There are five ranks in the affiliate membership. They have been described below.
Executive (E): You qualify for this if you have bought Referral Travel Consultant (RTC) or Certified Travel Consultant (CTC) affiliate membership and recruited three people for either the RTC or the CTC. People who have reached this level are eligible for Coded Bonuses.
Regional Executives (RE): You need to be an active Executive and have recruited at least six RTCs or higher. You can earn residual matching Coded Bonuses from all the people you recruited.
National Executive (NE): you must be an active Regional Executive and must have recruited at least 10 RTC affiliates or higher. At this stage, you earn all the Regional Executive compensation along with a business Builder Coded Bonus. The business builder Coded Bonus is like the regular Coded Bonus but in this case, you will be receiving bonuses on six recruits instead of two.
International Executive: You must be an active National Executive member and must have recruited at least 15 RTCs or higher affiliates. You must also have at least three active National Executives in your down line. At this stage, you will be eligible for a $600 monthly lifestyle bonus as well as all the compensation a National Executive receives.
Presidential Executive: You must be an active International Executive who has recruited at least 20 RTC or higher-ranked affiliates. You must also have at least 3 active International Executive in your down line. You will be eligible for a $1000 monthly lifestyle bonus.
You can cancel before midnight on the third business day and you will have a full refund. You need to cancel via mail, a written notice, or a telegram.
Is Paycation Travel Legit?
The company has been around for some time and members who paid had access to everything the company promised. So we can say that it is legit. The real question is, should you join Paycation? Well, that depends on you.
The company does not pay much commission for its affiliate product sales. A large majority of your income will come from recruiting other people to be RTCs and you will earn more if they proceed to become CTCs. If you are comfortable constantly recruiting people, then go for it. If not, it will be a waste of time and money.
The reviews on Glassdoor also emphasize this point. Some people mentioned that they registered and could not make any money because they could not recruit other people. Other people were also really glad to have found Paycation because of the amount of money they could make.
Reviews on Glassdoor