Modifications to our payment structure
We will be implementing a new Payment Structure for all our affiliates during August.
In February of this year, we introduced a new payment structure in an attempt to incentivise and reward those affiliates that generate quality traffic - we have taken on board your feedback, and recognise that instant reporting of application decision is vitally important to our affiliates.
So from 16th August we will be introducing a completely new payment structure that will not only bring great benefits but also allow you to maximise opportunities with our creatives through your sites. This structure will provide real-time reporting on the outcome of each lead (eg, accepted, referred or declined), with payments being highest for an "accept" decision, and lowest for a "decline" decision. Here are some more benefits of this new programme:
Key Benefits:- Instant Feedback on leads
- Live payment feedback via your CJ account dependant on the result of every lead
- No delay in payments - affiliates will not have to wait up to 6 weeks whilst consumers return T&C’s and proofs of address to Capital One
- Allows you to continually optimise your site performance and rotate our creatives accordingly by being able to use your CJ reporting tools on the successes of consumer applications
- Quality applications will reap better monetary returns. So this will be important
We are planning to migrate to GBP Sterling at the end of August, and we have therefore provided below the rates we will be offering pre and post migration:
$40.00 / £22.00 for every Accepted application
$12.50 / £07.00 for every Referred application
$01.75 / £01.00 for every Declined application
How to transfer across to the new structure
We will be offering the new payment structure from 16th August, and you will then have upto 7 days to move onto the new payment terms. But don’t worry if you are not able to move within these 7 days - you will automatically be switched over on 22nd August. Please be re-assured that bonus payments relating to leads generated prior to you switching onto the new payment structure will continue to be applied.
We will continue to monitor performance against this new payment structure, and will of course consider any feedback that you offer.
Thank You
Internet Team
Capital One