V bank, your foremost virtual bank has now revised the Veelage Reward Structure which ultimately will allow you to earn more income just as you continue to refer others and grow your bank. While the structure has been revised, the Veelage Reward system can still earn you commissions of up to N2,000,000 per month.
If you are already a top-performing Veelager and looking for how to keep securing the bag, or you’re new and looking for the best ways to secure your monthly commissions, listen up!
With this new Reward Structure, these are the benefits you stand to gain:
- You earn 100% commission for the level you are on when you achieve a 10% increase on both the Total Number of Active Accounts and Cumulative Minimum Daily Average Balance from your previous month’s performance (Levels 2-7)
- You earn 100% commission for a period of 2 months regardless of monthly incremental growth when you move to a higher level (Levels 2-7).
- You earn only 50% of the applicable commission for the level attained when you do not achieve a 10% increase on both the Total Number of Active Accounts and Cumulative Minimum Daily Average Balance from your previous month’s performance (Levels 2-7)
- If you are on Levels 2-7 but drop to a lower level, you will earn only 50% of the applicable commission for that lower level. Subsequently, you will be required to achieve a 10% increase on both Total Numbers of Active Accounts and Cumulative Minimum Daily Average Balance from your previous month’s performance to earn full commission on that level (Levels 2-7).
- If you fail to achieve a 10% increase on both the Total Number of Active Accounts and Cumulative Minimum Daily Average Balance from your previous month’s performance for 6 consecutive months, you will stop earning a commission. Commission earning will only resume when you achieve a 10% increase on both Total Numbers of Active Accounts and Cumulative Minimum Daily Average Balance from your previous month’s performance or move to a higher level.
So, if you’re yet to get on board or to start benefitting, what are you waiting for? You can LITERALLY become a millionaire in one month! Just follow the simple steps and you’re on track.
How to become a Veelager
There are four steps to becoming a Veelager with V.
- Download the V App from the online App Store. Follow the easy step to create an account with V. Remember to have your BVN ready or an already existing account link to your BVN
- Log in to your App. Click on ‘’More’’at the bottom right hand of the dashboard then click on start ‘Your Own Bank’ to access the Agent dashboard.
- To share your Referral Code, click on ‘More’ then click on Referrals and you will see a new page with your Referral Code at the top of the screen. On the same page, you will see the option of sharing your Code via SMS, Email, or social media
- Get at least 25 people To Open an Active V Account with your unique Referral Code and you unlock Agent 1 Level and you receivedN30,000 that month. Please note your right does not stop there. Of course, there is still lots more to get the N2m. (Please visit our Blog to read our article on ‘’How to Get More With V’’)
Things to Note:
Active Account: An active V Account is the one that has completed registration and has at least N2000 in the account. Once the balance falls below N2,000, it becomes inactive.
Average Balance: This is the sum of all the money in all the active accounts you have referred, divided by the number of days in the month.
Next Payment Date: This is when you get your commission payout, provided you hit all the targets set out above.
Good luck and begin your journey to becoming a millionaire!