Global Platinum Services Review – Legit Business or Big Scam?
Welcome to my Global Platinum Services Review!
Chances are someone approached you on social media or in person about the business opportunity and now you are here to make sure it’s actually legit.
The good news is that I am going to walk you through the company, products and compensation plan so you can make the right decision.
Let’s dig in shall we?
Global Platinum Services Review – The Company
When I checked out their website, I noticed there is no information on who runs the show in Global Platinum Services.
I did find out that the Xstream MB Holidays LTD (UK) and PC Platinum Travel Inc. (US) appear in the footer of Global Platinum Services website.
PC Platinum Travel is a registered corporation in the State of Nevada, but couldn’t find any info on who registered it.
Don’t worry, I kept digging and shocking information came up…
I noticed that in the Paycation lawsuit against Jeremy Monte, both Xstream MB Holidays and PC Platinum Travel were listed under defendants.
Monte was a former affiliate of Paycation and look like there was a temporary restraining order against Global Platinum Services, but I don’t think it was granted…
I am not sure why Jeremy Monte doesn’t list himself as the owner because people need to know who the owner or leadership is in the company…
Anyway, let’s keep going in this Global Platinum Services review…
Global Platinum Services Reviews – The Products
Global Platinum Services promotes memberships to a travel booking engine provided by International Vacations:
We are powered by International Vacations – a 37-year-old IATAN, ARC and CLIA certified host agency specializing in wholesale travel.
There are TWO retail membership you can purchase:
- GPS Travel Club – $29.95 and then $24.95 a month
- GPS My Deals App – $24.95 and then $19.95 a month
As of January 14, 2017, it says coming soon, but that can change at anytime…
Let’s take a look at the compensation plan next…
Global Platinum Services Compensation Plan
In the Global Platinum Services compensation plan, you get paid to sell retail memberships and sponsor business partners into this business.
First let’s take a look at their ranks…
Global Platinum Services Ranks
Global Platinum Services has 14 affiliate ranks total…
Below you will find the qualifications needs to hit those ranks:
- Agent – Join as a Global Platinum Services affiliate
- Platinum Agent – Sponsor and maintain at least one Global Platinum Services affiliate
- Silver – Sponsor and maintain at least three Global Platinum Services affiliates
- Gold – Sponsor and maintain at least six Global Platinum Services affiliates
- Ruby – Sponsor and maintain at least nine Global Platinum Services affiliates
- Emerald – Sponsor and maintain at least fifteen Global Platinum Services affiliates (three of which must be Ruby ranked or higher)
- 1-Star Ambassador – No qualification information provided
- 2-Star Ambassador – No qualification information provided
- 3-Star Ambassador – No qualification information provided
- 4-Star Ambassador – No qualification information provided
- 5-Star Ambassador – No qualification information provided
- 6-Star Ambassador – No qualification information provided
- Crown Ambassador – No qualification information provided
- Royal Ambassador – No qualification information provided
Travel Commission Payout
Affiliates in Global Platinum Services earn 70% commissions when someone books through their replicated booking engine website.
Recruitment Commission Payout
When you sponsor someone in Global Platinum Services, you get paid direct recruitment commissions:
- Sponsor a GPS Agent and earn $70
- Sponsor a GPS Plus Agent and earn $80
You must be at the GPS Plus Agent level to earn the $80 commissions.
From that, $10 commission which is paid down level 2 and 3 of a unilevel comp plan.
Residual Commission Payout
Residual commission are paid through a 3×9 compensation plan structure in Global Platinum Services.
Overall, a complete 3×9 matrix has 29,523 positions and can be filled directly or indirectly by your upline, you and your downline members.
This is what that looks like:
- GPS Agents earn $5 per position filled on levels 1 to 7 of their matrix and $6 on levels 8 and 9
- GPS Plus Agents earn $5 per position filled on levels 1 to 3 of their matrix, $6 on levels 4 and 5, $7 on levels 6 and 7 and $6 on levels 8 and 9
The amount of levels you get paid on will depend on your rank:
- Platinum Agent ranked affiliates earn on levels 1 to 4 of the matrix
- Silver ranked affiliates earn on levels 1 to 5 of the matrix
- Gold ranked affiliates earn on levels 1 to 6 of the matrix
- Ruby and higher ranked affiliates earn on levels 1 to 9 of the matrix
Once you have hit Gold or higher, you get a 8% matching bonus…
Open-Line Team Bonus Payout
Once you hit Ruby or higher in rank, you can get an Open-Line Team bonus when you sponsor a new affiliate:
- Ruby ranked affiliates earn $5 per affiliate recruited
- Emerald ranked affiliates earn $10 per affiliate recruited
- 1-Star Ambassador ranked affiliates earn $17.50 per affiliate recruited
- 2-Star Ambassador ranked affiliates earn $27.50 per affiliate recruited
- 3-Star Ambassador ranked affiliates earn $37.50 per affiliate recruited
- 4-Star Ambassador ranked affiliates earn $47.50 per affiliate recruited
- 5-Star Ambassador ranked affiliates earn $50 per affiliate recruited
Fast Start Bonus Payout
Once you have hit Silver to Emerald rank within 30 days, you can get a Fast Start Bonus:
- Silver – $100
- Gold – $250
- Ruby – $500
- Emerald – $750
Ambassador Level Payout
When you hit the 1-Star Ambassador level, you can earn the following commissions:
- 1-Star Ambassador (Downline of at least 250 affiliates) – $1000
- 2-Star Ambassador (Downline of at least 425 affiliates) – $2000
- 3-Star Ambassador (Downline of at least 1100 affiliates) – $5000
- 4-Star Ambassador (Downline of at least 3000 affiliates) – $10,000
- 5-Star Ambassador (Downline of at least 8000 affiliates) – $16,000
- 6-Star Ambassador (Downline of at least 16,000 affiliates) – $30,000
- Crown Ambassador (Downline of at least 32,000 affiliates) – $50,000
- Royal Ambassador (Downline of at least 60,000 affiliates) – $100,000
Car Bonus Payout
You can get $600 per month towards a Mercedes Benz C-Class once you hit the following qualifications:
- Must be at the Emerald or higher rank and
- Have at least 100 active personally recruited affiliates and/or retail subscribers (no more than 35% counted from any one unilevel leg)
You can get $2000 per month for a Mercedes S-Class once you hit the following qualifications:
- Must be at the 3-Star Ambassador or higher rank and
- Have at least 325 active personally recruited affiliates and/or retail subscribers (no more than 35% counted from any one unilevel leg)
Cost To Join Global Platinum Services
The cost to join Global Platinum Services is the following packages:
- GPS Agent – $149.95 and then $69.95 a month
- GPS Plus Agent – $199.95 and then $89.95 a month
The main different between the two is income potential in the compensation plan.
The moment you have been waiting for in this Global Platinum Services review…
Verdict On Global Platinum Services
Overall, Global Platinum Services is borderline as best…
I just want to point a few things…
First, travel based MLM companies don’t generally do well, 99% of them fail and don’t go over a year…
Now Paycation is an exception as it’s still kicking…
Another thing is the retail side doesn’t make any sense.
Why would someone pay a monthly fee to book a vacation to travel?
You have to see what you normally spend on travel and than find out if this company is worth buying in…
No one likes to overpay compared to market prices…
Now you know the facts, end of the day you can do what you want…
I just state the facts 🙂
I hope you enjoyed this Global Platinum Services review and if you have any questions, leave them in the comments below…
What Do I Recommend?
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