1) Do I need to buy gold each month to qualify for commissions?

No.

 

2) How do I exchange my Gold for cash?

Any shops that sell gold jewellery will buy Karatbars. Or you can sell them at gold pawnshop, Maxi-cash & even on ebays. Also, you can sell it back to Karatbars themselves. You can do it via your account online.

 

3) How does Karatbars ship the Gold?

Karatbars uses FedEx and there is a flat rate of approximately $20 to ship it over. However, Karatbars offer free storage which means you can buy a few gold and ship them one time together to save on shipping.Also, if you buy a huge number of gold, shipping will be free.

 

4) But I can buy Gold cheaper elsewhere.

Firstly, gold sold in jewellery shops are usually not pure 999.9 gold. Thus, it is cheaper. Also, Karatbars gold have LMBA accredition which makes it recognised worldwide. The weight is also guranteed unlike some shops in Singapore which received complaints which went to CASE regarding unfair weighing. Karatbars gold also have UV protection film to protect it. And since we are purchasing gold for our future, fret not! Gold prices will rise and you will want to ensure you are buying it from a trustworthy source in order to be able to sell it profitably later.

 

5) What is Karatbar's payplan?

Please watch the compensation plan video posted. If you need further information, please PM us. We will be more than willing to help.

 

6) How will i get paid?

In Karatbars, our payday is every Friday. When you have commissions in excess of 20 euro - they send the debit card automatically. If you do not want to wait till you have some commission then you can also acquire it immediately in our back office.

 

7) Is Karatbars an MLM or a pyramid scheme?

No. Karatbars in an e-commerce affiliate business (such as comapnies like Amazon on the internet).There is no registration fee, no annual membership fee and you do not have to buy anything to earn commission. Pyramid scheme mostly has no product or services available. And in the pyramid scheme, commission is earn by those above you in decreasing percentage. For example, your immediate upline will probably get 10% while his upline will get another 5% and that person's upline will get another 3% so on and so forth. MLM companies usually requires yu to pay an up-front membership fee which includes products that are not useful to you at such a high price. Also, products sold are usually non-refundable. Most of the time, there will be mothly target that you have to hit in order to make money. However, in Karatbars, there is a product: GOLD. Karatbars will buy back your gold should you plan to sell them. We do have a 24 hour customer service hotline unlike many others who only provide email support. Here, there is no monthly target, you save at your own pace. We do have an affiliate program which is highly recommended as you may earn up to 4 times more than just being a customer.

 

8) Is Karatbars a scam?

No it is not. We have been around for a few years and many of our affiliates have benefited. Simply PM us and we will give you a free account for you to explore yourself. Non-obligatory. Once you feel satisfied, then join us and start saving! Looking for a better income opportunity, then join us as an affiliate!

 

9) Can I create my own account?

Yes you can. Click on this link and sign up yourself.

 

10) How do i become an affiliate?

You can choose from the 3 packages. Silver, Gold or VIP Packages.

 

Silver package:Cost: S$450Benefit: 1g Gold Card, 3 Bonus Cards, 10% Direct Commission & $70 per cycle bonus.

Gold package: Cost: S$1100 Benefit: 2g Gold Card, 7 Bonus Cards, 15% Direct Commission & $105 per cycle bonus.

VIP package: Cost: S$2800 Benefit: 3g Gold Card, 20 Bonus Cards, 20% Direct Commission & $140 per cycle bonus.

 

11) Will I have an ccount to track my spendings & earnings?

Yes. It will be similar to an online banking account(iBanking) where you can track the commissions you earned, print invoices, check your payslip, buy and sell gold & track the amount of gold bought.