Nexus Rewards Review: Is Their Savings Snap Program Any Good?
There have been many network marketing based savings & rewards programs launched over the years. Among many, Nexus Rewards has risen the occasion and is growing. However, many are questioning how legit the Nexus Snap program is.
As well, there are concerns of many other aspects of the program.
This Nexus rewards review will walk you through every important detail concerning Nexus Rewards (Nexus Snap), and the potential pros and cons of being a customer or distributor with the company.
What Is Nexus Rewards?
Nexus Rewards is a network marketing company that offers “potential savings” on “everyday purchases”. How this is even possible, is questionable and unclear.
However, members and customers claim to be able to save a few cents to a few dollars on purchases they make on a regular bases.
With the cost to join, the question is will you save enough to even be able to cover the costs of being a member?
They also recently relaunched and changed the name of their flagship program to Nexus Snap.
How Does It Work?
It’s unclear how their program works or functions. There is little to no explanation on their website or marketing materials that explains how they are able to “offer everyday savings” to their customers.
After reviewing many network marketing companies & claims over the years, this is concerning.
They un-clearly are able to supposedly save you money on gas, restaurants, grocery stores, and more.
If their claims are true, there are many other free ways you can save money at all of these places without spending a monthly fee.
To us, they do not have any real products, they are using third party apps as part of their savings that are available online for free anyway.
Pricing & Costs
Nexus offers a one-time $40 setup fee and a monthly subscription of $9.95 to become a Premium Member. Premium Members enjoy benefits such as discounts, savings, and cashback on both online and offline purchases.
They also have the opportunity to participate in the Lucrative Referral Rewards Program.
You could similarly become a member of Sam’s Club or another regular “bulk grocery program”. Or enroll in free card gas savings discount programs at nearly any gas station, grocery store, etc.
Features
Nexus Rewards offers a straightforward way to potentially save money on your regular purchases.
From buying gas to groceries, dining out, traveling, making improvements, purchasing apparel, and more, the program covers a wide range of spending categories.
Whether you’re shopping online or in-person, Nexus Rewards allows you to potentially earn cashback.
How this works exactly, is not clear. Whether or not it is actually true and applied to global brands and every day purchases, is not certain.
Compensation Plan & Affiliate Program
The Nexus Rewards compensation plan is complex and involves a variety of different factors. Here is a brief walk-through of their compensation plan and how it is structured.
Keep in mind that usually more simple compensation plans rewards affiliates or network marketers more.
When you introduce someone to Nexus and they decide to become a member, signing up for the affordable fee of $49.95, you are rewarded with a one time $25 commission, paid out to you the following week. Which is only a 1 time 50% commission.
If those referrals go on to bring in new members themselves, both you and they receive bonus commissions.
There is also the “Leadership Infinity Commissions”. With Nexus, your potential for earning extends well beyond the initial 10 levels. As your team grows and you reach higher leadership levels within the organization, you become eligible to earn additional “infinity commissions.”
These commissions start paying you on one level and continue indefinitely, unless someone in your network reaches the same level or higher.
So, this means that it is technically not infinite if anyone ever surpasses you.
Nexus also offers weekly Fast Start Rewards based on your level and the number of personally sponsored people you have.
As you progress in the ranks, you unlock even more earning potential.
For example, reaching Pro status not only qualifies you for dynamic compression commissions but also unlocks additional earning opportunities on your second and third levels.
Nexus rewards also offers Matrix Commissions. As soon as you enroll in Nexus, you’re positioned in the highest spot available in their lucrative 3×10 Matrix.
This matrix structure allows you to earn commissions based on the activity of everyone in your matrix, up to 10 levels deep.
In Nexus’s compensation plan there is also the Matrix Check Match. This bonus gives you a percentage match on the matrix commissions of everyone you enroll, providing you with additional passive income streams.
And as you advance in rank, your percentage match increases, allowing you to earn even more from the efforts of your team.
In summary, Nexus offers a diverse and complex compensation plan for affiliates and network marketers.
There are other better and more simple compensation plans however for other alternatives to Nexus that should be considered.
Best Alternatives
There are 2 main alternatives to Nexus Rewards that we highly suggest you become a part of.
They are more clear on their products and services, while offering higher paying compensation plans on real product sales.
GreatLife Worldwide
If you are looking for upfront products, a clear and concise compensation plan, and want to become a part of a rapidly growing company, consider taking a look at GreatLife Worldwide.
You’ll find that Great Life Worldwide is an excellent company that focuses on improving customers lifestyle through health, wellness, financial means, and more.
Their education, back office, training, webinars, products, and more – all meet the highest standards of any network marketing business we have seen.
We have got to know the owner and company very well, Greatlife Worldwide operates with the utmost integrity, and have amazing products.
This is our #1 business we are part of.
GotBackup
If you want choose an alternative that is fairly simple and to the point, you’ll find that GotBackup is a high paying & quality product filled network marketing company that you can also consider.
They pay up to 200% commissions on the first month of anyone you refer as a customer, and have both entirely different affiliate .vs. customer back offices.
We are close friends with the owner and highly respect the companies he has built over the years.
FAQS
Who Is The Founder Of Nexus Rewards?
The 2 founders of Nexus is the Phelps brothers. Both Art Phelps and Rob Phelps have been involved with network marketing for over 30+ years, and they decided to launch their own network marketing company. Both brothers are ethical and good people.
What Is Included In Membership?
Here is a list of what is included with your Nexus membership…
- Members only back office
- Savings program
- Ability to earn as an affiliate
Do They Have An App?
Yes, Nexus Rewards does have an app you can use to track purchases and “savings” on product or services purchased.
But they are also using third party apps, like Rakuten which are available online for free to anyone.
How Is Their Customer Service?
Their customer service is fairly good from the research we have done into their customers interactions and feedback.
Final Thoughts On The Nexus Rewards Business Opportunity
After doing thorough research learning more about the business opportunity and products presented by Nexus Rewards, we find that there are better alternatives.
When deciding which network marketing company or products to purchase, it is crucial to know exactly how the company itself operates, and how the products work.
We have not found any clarity on how anyone using their service is able to, “save on everyday purchase” when that has not been laid out clearly, other than using third party apps.
We suggest you find other alternatives. Thank you so much for reading through this complete Nexus rewards review.
With our kindest regards,
Jon Weberg
Richard Weberg
