How can you get paid?

All SMIKE members have the ability to earn income from different income sources and the best thing is you don't actually have to do too much work to earn it! This for your own services and for those of others that you can refer through SMIKE referral channels. This is a snap shot the ways you can earn income through SMIKE.

Ways of getting paid

Mortgage Referrals

We have 2 forms for this type of income:

Finance Professional Partner (FPP)

When a member joins SMIKE, a Finance Professional Partner is allocated directly to them as a referral point.

This can be both Residential Property and Commercial Property Deals and can be owner occupied, investment or line of credit loans. All you need to do is source them from family and friends, or even a work colleague, as long as they come from you and are sourced in an ethical and proper way, you can get paid, this also includes your own mortgage as well.

All referrals will be flagged to a SMIKE member number and will get paid accordingly, once that deal settles that is! Referral fees are set at 20% of the upfront commission paid to the FPP.

Direct to Finance Institutions

SMIKE has direct accreditations to most of the major lenders on a straight referral agreement and we receive a referral fee for any deal that settles.

SMIKE on average will remit 0.2% of the borrowed amount back to the member.

i.e. A loan for $300,000 will result in a return of $600.00 back to the member.

Lease Referrals

Each member will be given a Lease Professional Partner (LPP).

These partners hold accreditation with most of the major lenders and are there to assist with Car, Plant and Equipment, Chattel and Lease transactions.

They can be your own or your business loans or those of others and once again must be sourced ethically and in a proper manner.

When a deal is referred and settled, you get a referral fee.

This is set between 0.30% and 0.5% of the borrowed amount.

i.e.On a $40,000 car loan, the member will earn between $120.00 and $200.00

Financial Planners (Risk Insurance)

SMIKE have negotiated with Financial Planners in most states and they have agreed to pay around 20% to 30% of the upfront commission on any new Life, Income Protection or Trauma Insurance Policy.

SMIKE will also be actively looking to put in a referral agreement on a direct basis with Life Insurance companies to give members even more choice.

Getting paid on every day purchases and online shopping

When you first become a SMIKE member, we will give you the option of joining an external organisation that allows you to earn cash back on purchases (online shopping, hire cars, accommodation and much more). There is no cost to this and there is no ongoing costs ever once you activate your membership and as you go about your day to day shopping, you will also create a residual income stream over the longer term.

Getting paid on utility and phone bills

All SMIKE members will have the ability to earn income directly off their own and leverage off other SMIKE members to earn residual income from their personal and business telephone, internet, gas and electricity bills.

You will need to contact SMIKE direct on this or contact your local Senior Membership Manager.

Other income streams to come

SMIKE is looking to increase our referral agreements into Health Insurance, General Insurance, Vehicle Sourcing, Real Estate and any other essential that we can get our SMIKE members money back.

A full outline will be given on this once you apply to become a member.