Celebrate transaction 1m with double cashback and shares!

richard@imutual
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Celebrate transaction 1m with double cashback and shares!

Post by richard@imutual » Thu Jun 07, 2012 11:34 am

As of today, imutual members have earned cashback and/or shares from one of our retailer partners over 830,000 times!

As we're approaching transaction one million, we thought we'd mark this achievement by handing out a few bonuses (see prize discussion here)

So here's what we've decided.....

There will be bonuses for whoever earns transaction number 910,000, 920,000, 930,000 etc up to transaction 1m (10 prizes in all). For each of those ten transactions we will double the cashback award (up to a maximum of £100 per transaction)

Not only that, but each member who gets a bonus will also have their total lifetime shareholding* increased by as much as 100% :eek:

* according to the number of pending and awarded shares on their statement on the day that the final winner is announced

So the list of prizes is as follows:

Transaction #910,00: 2x cashback + total shareholding increased by 10% - winner announcement
#920,000: 2x cashback + shareholding increased by 20% - winner announcement
#930,000: 2x cashback + shareholding increased by 30% - winner announcement
#940,000: 2x cashback + shareholding increased by 40% - winner announcement
#950,000: 2x cashback + shareholding increased by 50% - winner announcement
#960,000: 2x cashback + shareholding increased by 60% - Winner announcement
#970,000: 2x cashback + shareholding increased by 70% - Winner announcement
#980,000: 2x cashback + shareholding increased by 80% - Winner announcement
#990,000: 2x cashback + shareholding increased by 90% - Winner announcement
#1,000,000: 2x cashback + shareholding increased by 100% - Winner announcement

Note that you can only have your shareholding increased once as part of this competition, so a member winning two or more bonuses will have their shareholding increased by the highest amount according to the above list
Example

Fred generates transaction #920,000 when he earns £20 cashback at Tesco. He also generates transaction #990,000 by earning £5 cashback at Play.com

His £20 cashback at Tesco gets doubled to £40, and his £5 cashback at Play.com is also doubled to £10. As for the increase in shareholding, the higher of the two (90%) applies. On the day the winner of transaction 1m is announced, he has a total of 100,000 pending and awarded shares, so we award him a further 90,000 shares!
Based on current transaction levels, we'd expect to see transaction #910,000 around 22/23 June. And transaction 1m around 22/23 July, but these are only estimates!

We hope you enjoy this little competition around what is a significant landmark for your company, and please use this as an opportunity to spread the word about imutual and attract a few more members to the fold! :thumbup:

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Re: Celebrate transaction 1m with double cashback and shares!

Post by macfamily » Thu Jun 07, 2012 11:43 am

Ohh No! I'm flying to South Africa on 21 and 22 July. I better start making tons more transactions to speed up the process.
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Re: Celebrate transaction 1m with double cashback and shares!

Post by ImutualLikeAPro » Thu Jun 07, 2012 12:59 pm

Great Plan!

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Re: Celebrate transaction 1m with double cashback and shares!

Post by kevinchess1 » Thu Jun 07, 2012 1:31 pm

hop the bigg winna is a regular like BB or Raich luv 2 sea them doubled upp!
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Re: Celebrate transaction 1m with double cashback and shares!

Post by kevinchess1 » Thu Jun 07, 2012 2:20 pm

Just a couple of observations; :shock:
If someone does win twice then a prize will go unwon?
Will the % prize still stand if tranys are later rejected
Is it possible to earn £100+ ON A SINGLE TRANSACTION
no ONE HAS 100,000 Shares nor half that
Can acceptance speeches be LTD to 60 minutes
Good luck to everyone :thumbup:
Last edited by kevinchess1 on Sun May 08, 2016 9:06 pm, edited 2 times in total.
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richard@imutual
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Re: Celebrate transaction 1m with double cashback and shares!

Post by richard@imutual » Thu Jun 07, 2012 2:44 pm

kevinchess1 wrote:If someone does win twice then a prize will go unwon?
There will be 10 "double cashback" prizes. But if a member wins more than once then, yes, there will be less than ten "increased shareholdings".
Will the % prize still stand if tranys are lated rejected


Yes. But obviously, no cashback would be received. 2 x 0 = 0
Isit possible to earn £100+ ON A SINGLE TRANSACTION
Yes, there have been several already. Including Expedia.co.uk, Lastminute.com, GoDaddy.com,Accorhotels and Engage Mutual 50+ Life Insurance

nO ONE HAS 100,000 SHAREs nore half that
I didn't realise you had access to our database and therefore knew that for a fact ;)

Twas only an example, anyway
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Re: Celebrate transaction 1m with double cashback and shares!

Post by expressman33 » Thu Jun 07, 2012 3:21 pm

what % of transactions are daily clicks ?
probably a good chance that the double cashback will be 1p or 2p

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Re: Celebrate transaction 1m with double cashback and shares!

Post by richard@imutual » Thu Jun 07, 2012 4:10 pm

Well, yes that's certainly true, I as I acknowledged here

But the % increase in shareholding might still be a significant boon, even for a daily clicker ;)
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homosapienuk
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Re: Celebrate transaction 1m with double cashback and shares!

Post by homosapienuk » Thu Jun 07, 2012 5:23 pm

hi there it is william saint here at mutual i am interested in acquiring some of those shares
my username is
williamsaint @mutual
can you please send to me more informations to
[mod: personal data removed. Not wise to post your email address or mobile number. But feel free to use our private message system]

william
http://www.williamsaint.co.cc

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Re: Celebrate transaction 1m with double cashback and shares!

Post by Mel » Thu Jun 07, 2012 5:24 pm

I'll sell you my 3000 at £1000 each.
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