Nexcel Review

Nexcel, formerly known as iJango, is a debit referral card program that allows its members access to excellent recruitment commissions and deep discounts through hundreds of online and brick and mortar affiliates. This company has not gone without its controversy, but this independent third party review will help to clarify what Nexcel is and what it can do for anyone interested in becoming an Active Member and joining the business.

Nexcel Review of the Company Background:

This is a commission based referral card program started by Steve Smith, the founder of Excel Communications, the youngest company ever to be added to the New York Stock Exchange. With the hopes of attracting budget minded entrepreneurs, who also wanted to make money and receive rewards, the referral card program was born. Through the enrollment in a free debit card, members would save money on at an endless number of retailers, restaurants, and just about any place where they could use their debit card. As they referred others, they received a commission. However, a controversy ensued when several former active members did not make the outstanding revenue they had hoped to earn. Because the company’s goods and services were not tangible items, the Better Business Bureau investigated at the urging of members. Steve Smith and his new company were not found to be falsifying its claims, and in fact offering discounts at various affiliates was considered a legitimate service rendered. iJango has since changed its name to Nexcel, and its validated founders and members have realized an incredible profit. Nexcel has hundreds of active members who save money and earn commission through the company’s legitimate MLM methods every day all over the world.

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Nexcel Review of the Products:

When you order your free debit card, you are immediately entitled to a limitless and customizable list of retailers with whom you might like to receive a discount. From well-known names like The Gap, Hotels.com, BassProShop, Best Buy, Home Depot, etc…to up to a 40% discount at participating pharmacies, there are literally thousands of participating affiliates from which one could receive a discount. Also, the company provides security for lost or stolen cards, unlimited bill pay, travel discounts, and extremely safe online transactions.

Nexcel Review of the Cost to Enroll:

Membership and debit cards are free, but in order to remain active and receive the many discounts the company has to offer, a member must deposit $250 onto their card every month. Discounts for retailers will vary, but some are quite large.

Nexcel Review of the Compensation Plan:

Active members can earn up to 70% revenue on their recruits’ purchases through their Prepaid Debit Master Card and up to 50% cash back on their own purchases. It is not publicly stated how much the referral commission actually is or what specific discounts are applied through certain retailers.

Nexcel Review of the Marketing Strategy:

The marketing strategy is very similar to that of most other MLM companies. However, unlike other older MLM companies with more established reputations, the name does not sell itself, and simply telling friends and family members about savings through a prepaid debit card is not going to be enough of a marketing strategy to generate any significant income. An Active Member who would like to make consistent commissions on their business would need the help of an independent Internet Marketing system that can mentor them into success.

Nexcel Review Summary:

Nexcel is a legitimate MLM company with incredible potential savings and commissions, but it is important for those interested in Active Membership to first verify how much they are actually going to save each month, determine if they are already spending $250 a month on those goods and services that are providing discounts, and decide on an effective and experienced Internet marketing system that will work for them. While there is a definite potential for success here, it would be virtually impossible to make a steady income with this company without a steady Internet presence. Because this business opportunity is so new, unskilled entrepreneurs run the risk of getting lost in the noise and chaos of Internet marketing unless they have experienced and guided mentorship.