In Part 1 of this review (which you can read here) I primarily discussed the many investment plans offered by AurumBank. There were 25 of them. Initially, I had thought that this would offer a great diversity of investment opportunities for the typical HYIP investor. However, it turned out that only five of the plans had minimum investment amounts that were within the reach of most investors. For 20 of them a minimum investment of $40,000 or higher is required. We also discovered that three of the investment plans offered returns that are extremely high, so high that it appears unlikely that it might be difficult for the company to pay them. In particular, for one plan, we found out that an investment of $1,000 would yield almost $2,000,000 after the 110 working day term of the investment plan.
These are the negative or, at least, amazing parts of the AurumBank program. On a very positive note, we observed that the website is extremely well-organized and, especially, that the presentation of the details of each investment plan are presented in a manner that is perfectly clear. In addition, there is a calculator by means of which you can predict the earnings of each plan. You do not have to struggle to figure anything out and you do not have to wonder if your own estimate of future earnings is correct. It is all laid out for you. Other HYIPs should refer to this website as a model for clarity and completeness of investment plan presentation.
AurumBank has a unique affiliate program. The commission you receive on deposits made by your direct referrals (people in the first level of your downline) depends on the investment plan that they make their deposits in. This commission can range from as little as 0.5% to as much as 17%. Quite a variation. The percent referral commission is given in the pop-up window giving the details of each investment program. In addition to this, it is also possible for the affiliate to earn additional commissions on deposits in FOUR additional levels of his downline. However, in order to qualify for these commissions, a person has to have a certain minimum number of direct referrals (in the first level of his downline). Here are the amounts of commission as well as the requirements to receive them:
Level 2, 2%, 25 active referrals
Level 3, 1%, 50 active referrals
Level 4, 1%, 100 active referrals
Level 5, 1%, 200 active referrals
You do not have to have an active deposit yourself in order to participate in the affiliate program.
AurumBank also has a “Representative” program. There are requirements in order to become a Rep which are listed in the website. The advantages of becoming a Rep are increased affiliate commissions as well as listing of your contact information on the website. This can be a great help in building a person’s downline as many “newbies” will appreciate the benefit of having personal advice when they sign up for the program.
AurumBank has a good selection of payment processors to use when making deposits and withdrawals. Right now, they include Payeer, AdvCash, Perfect Money, and Bit Coin. The minimum deposit is $10 and the minimum withdrawal depends on the processor that you choose to use. The minimums are all absurdly low and I won’t even bother to list them. The highest is $0.10, ten cents — which won’t buy you anything just about anywhere.
Deposits are activated instantly although the verification process can delay Bit Coin deposits by up to 48 hours. Withdrawals can also be instant but AurumBank says they can also take up to 48 hours — and up to 72 hours on weekends.
For support, AurumBank has live chat which is always a welcome feature. In addition there is an email contact address as well as the standard contact form. Residents of the UK might want to try the UK phone number that is given, but I wouldn’t be optimistic about getting a response. However, you have nothing to lose by trying…
In closing, as I have indicated a few times already, the presentation of investment information on the AurumBank website is top notch. The two problems we have with the program are the excessively high rates of return on programs that are so high as to appear to be impossible to sustain and the listing of a large number of investment plans that will probably not be used. As we always say to HYIP investors, if you choose to invest with AurumBank, we recommend that you diversify your portfolio by also investing with other programs. And, never invest more than you can afford to lose. Good Luck!
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To the Admin: We always welcome comments on our reviews — pro or con — and we will be happy to publish them in the Emily News blog.
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Please don’t forget that you can post your screenshots of payment, scam, or other proofs related to a program by clicking on the “Details” button in the Emily News monitor. Also, don’t forget that you can add your referral link when you post your proofs — another way to build your downline.
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