The WA Credit System - Our Internal Currency at WA!

Last Update: March 02, 2016

Hi Everyone,

I hope that you are having a great week so far, hopefully it's about to get just a little bit better :) Today I want to introduce a significant update to WA and how our internal WA Credits are earned, used, and managed.

Wealthy Affiliate has always had a credit system, even back in the days when we were a keyword list website with a forum (2006-2007). Back then we called our credit system "WA Gold" and people could earn credits by performing certain actions within the platform. Well, we have reinvented our credit system as many aspects of WA rely on earning and using credits and I am really excited to tell you about it below!

WA Credits are Categorized into TWO Types

There are two types of credits at WA which are outlined below:

Cash Credits AND Community Credits

  • Cash Credits carry a USD Value of $0.50 each and can be cashed out.
  • Community Credits carry no USD Value, but they carry significant value within WA as they are used for systems like SiteFeedback and SiteComments.

How to Earn Cash Credits

1 - By referring others to WA you earn two credits when your referrals setup their image and description. We call these Cash Credits "Affiliate Credits" for clarity on the new Credit Dashboard. Anyone who has referred others to WA has earned these Affiliate Cash Credits before.

2 - When people that you refer to WA purchase a domain, you earn you two cash credits. These are added to your Cash Credit balance as you will see in the history table of your Dashboard.

3 - By creating training at WA, you earn Cash Credits when your training reaches certain "quality" levels. A specific number of likes, and views, and engagement within your training will earn you Cash Credits. Instead of your training credits going directly into your affiliate account, they are now added as Cash Credits. This gives you the opportunity to use the credits within WA if you wish.

4 - We have also introduced a highly requested feature that allows you to BUY Cash Credits. We have had so many people ask if they could purchase credits to use towards SiteFeedback or SiteComments. Now this is a possibility! You can purchase Cash Credits from your Credit Dashboard at any time and use them toward any credit system within WA!

Where to use Cash Credits?

Cash Credits can be used for anything within WA:

  • Cash Credits can be Cashed Out for USD through the WA Affiliate System
  • Cash Credits can be used to request SiteComments or SiteFeedback
  • Cash credits can be used to Register Domains using SiteDomains
  • More opportunities to come...

How to Earn Community Credits

If you use SiteComments or SiteFeedback, then you are already familiar with Community Credits because these are the types of credits you earn with you provide feedback or leave comments on other people's websites.

  • Community Credits are earned through offering SiteComments or SiteFeedback
  • Community Credits can be used towards SiteFeedback or SiteComment
  • There are also more opportunities to earn and use Community Credits to come...

As you may have noticed, you can now use your Community credits interchangeably between these systems.


Credit Dashboard

The Credit Dashboard can be browsed to from your profile image at the top of every page within WA. Choose "Credit Dashboard" from the drop down and you will be taken to your overview of all your credit activity within WA.

You can toggle between Cash and Community credit types to see your balances and your history of where you have earned and used credits. You can cash out your credits, buy credits, and manage all aspects related to your credits.

Here is the link directly ==> https://my.wealthyaffiliate.com/credits

Note to WA Affiliates: You can still cash out your Affiliate Credits from the Affiliate Stats page, however you can also do this from the new Credit Dashboard.

Affiliate Credits are a TYPE of Cash Credit. We've kept this separation so that it's clear to Affiliates what their credit balance is for referring others to WA. Affiliate Credits are Cash Credits and once you have reached the minimum quality threshold, they can be used as cash credits within any Credit System in WA.

For example, you can now use your Affiliate Credits to request comments on your website, or register domains!


We Have BIG Plans for WA Credits

WA Credits are going to become more and more integrated into areas of WA and we have big plans and uses for them. In the coming months (and later this year), you will see our internal currency built into many aspects of WA. This is truly something that we are extremly excited about!

I expect that there will be some questions that I haven't answered in this post, so I look forward to hearing them along with your feedback.

Carson

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AnteS Premium Featured Comment
It would be awesome if you could add the feature for people to pay their monthly membership from their affiliate commissions directly and not to go all the way to Paypal to withdraw money to their local bank account where Paypal takes a certain fee for converting to a local currency. This way we can all benefit without the third party that takes it's cut.
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Kyle Premium
Definitely on the table and this is likely going to be an addition to this platform in the coming months here Ante. Trust me, this has been well thought out and you are going to see a lot of awesome innovations taking place here at WA as a result of this platform.
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LionelA1 Premium
Great thought and if that will be implementing it will make our lifes so much more easier. Good one
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AmirSetu Premium
Does it happen yet?
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emerald860 Premium
Thanks for this, Carson. I published 2 trainings a few weeks ago but have not seen the credits in my credit balance. Alanna
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HarveyBrown Premium
Sounds really great Carson. Thanks for the heads up. Look forward to the changes.
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viyee Premium
Yes Carson, that clears up some confusion I had.
I think this credit system is good because it helps to get us feedback on the quality of everything we do.
Post rubbish and the response is low. Post quality and the kind people of WA tell us. It is really helpful.
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codevonish Premium
Very exciting indeed; now we know some of what Jay was alerting us to in his Vegas report. .Congratulations on your new addition to the family.
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brandonacox Premium
Well cool!
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emerald860 Premium
Great news, Caron! Thanks for the in depth explanation! Alanna
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JeremyH86 Premium
I have training that has reached level 2 but it still says 0 credits earned on my training page, does this sound right?
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joekeriii Premium
Me too, but my training is a couple of days newer than yours. Does it take some time to be added to the Credit Dashboard?
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ChrisTowers Premium
Did anything ever come about from the 'more to come' with this WA Credit system?
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fyre Premium
I was wondering the same just now and scrolling through comments to see ha!
A sign I need to get back to focused work <3

I'm fresh back though and have been skimming as I retrain myself and take action. Making sure I'm clued into new developments in WA as well as the ever changing web verse :)
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mybiz4u Premium
Simply lovely! Thanks so much for giving back.
Michelle
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Steve1958 Premium
Fantastic system...
I'm surprised more people haven't been here to read this!
Thanks Carson & Kyle!
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Goson Premium
Thanks for this post, it's very good.
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rjkennedy Premium
I think the new changes are pretty cool. This will motivate members to earn their badges
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MoragK Premium
My first day here and I really don't know what it all means, but from reading the comments everyone is really excited about it. I'm definitely going to learn what it's all about !
Thanks much
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ZEGU Premium
All the best. Its a friendly environment and feel free to give a shout anytime.
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MitchellDave Premium
I'm new also. It looks good!
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JamieFreedom Premium
Welcome to WA! Much to learn here and a very supportive community.
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JamieFreedom Premium
Welcome to WA, Mitchell!
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DaveSw Premium
Thanks Carson for this thorough explanation of the credit system WA has created...Knowing a little about the history of the current system is also helpful, it shows how dynamic and ever-evolving this site is...

Although I was not around in the early days (I was still in diapers - NOT) I can imagine what was there...

It shows everyone how effort, listening to your customers, plus having a vision and drive can take a seed of an idea and flesh it out/grow that idea into a thriving, successful business!

That is inspirational...

As others have posted lately, haters gonna hate, but they can't argue about success...You and Kyle epitomize the success side of that equation, and show us the way!

Cheers and all the best!
Dave : )
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Lilika84 Premium
Thank you :)
I hope that in a few days I will know what are you talking about lol
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MaxDrljic Premium
This is an awesome feature and thank you :)
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WBoyer Premium
Thanks Carson. I'm getting more pumped about being a part of WA more and more every day.
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Newguru Premium
This is awesome
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chuka Premium
Cool! Thank you Carson :)
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TonyMonzon Premium
this is a win win system where both WA and community members get to help each other and become successful. Keep them ideas coming guys! ;0)
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JVanDerLaan Premium
Hey Carson!

Awesome! I would love to see a system where I can use my community credits to get comments on my site that is not hosted at WA.

I had my site before I joined WA and spent a good amount of time "paying it forward" so that I could get comments on my Wealthy Affiliate Review.

I was disappointed to learn that I couldn't use my credits because my site was hosted elsewhere.

Hope this in the plans!

Best,
JV
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Delsin152016 Premium
Whealthy affiliate NEEDS a contact service number. I am currently trying to contact you guys but KYLE AND CARSON and ignoring me just because there was an unauthorized payment to them from my account and I cancled and asked for my money the second it was payed. They are selfish savages that only care about themselves and their money. They are not willing to really risk and help you when you really need it. I am quiting the second I GET that 50 bucks back. This has been the worst experience for me just so far with you guys being hypocrites.
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mtatar Premium
Delsin152016
maybe you should calm down a bit. What you are saying is not true. How long have you been with wa? they don't ignore people.
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Jenna7 Premium
I'm sorry you had that experience, but there must be some misunderstanding. Kyle and Carson are one of the few Internet Marketers with integrity and they pride themselves on that and in helping others succeed. Please hang in there. I know they will respond to you. Try also leaving a message on their profile pages or emailing them.
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brabra70 Premium
WOW, their usually really fast at responding.. Delson have you ever had a bad day? well you know besides them having a life they also have hundreds of thousands people that they to need an answer to one thing or another.. they are only 2 guys and you will never find another service like this one.. AND maybe he might be helping someone else at the time..You are not the only one here .. or maybe just maybe they are having a bad day..
Hope you wont mark this experience as your final one, Remember they are only human..
Best wishes to you and your success.
Barbara
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DIAB Premium
Thank you, Carson.
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Marcel92 Premium
Great news. Thank you, Carson.
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JewelCarol Premium
What an awesome credit system, thanks very much, Carson.;))
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myrealityck Premium
This is great! Super incentives!
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Freedomseekr Premium
Great to hear...You guys are always finding ways to improve and make such a great place even better...awesome news!

Thank you for the update on this Carson and all you both do here! Best wishes :) ~Sherry
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Dustinb Premium
Lol, I remember WA Gold. I amassed quite a few bars helping people in the forums.. Man this place has changed since then :D
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Carson Premium
WA Gold was quite the system! We'll be bringing back the ability to earn within WA with the new Credit System as we roll out many planned updates. Can't wait!!
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Dustinb Premium
Sweet, really can't wait :D
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GotBackupGuy Premium
Have you considered creating a cryptocurrency? There may be some advantages to doing so. One thing it would allow would be for members to give tips to each other. Another thing it would allow would be for members to perform a paid service directly for another member. You could also put the credits on the open market so people could choose the price for which they would sell--instead of cashing them in for $0.50 each they might be able to sell them on a digital currency exchange for much more (see poloniex.com for an example of such an exchange). If there was a WA cryptocurrency you could also accept payment for membership in that currency. If the currency was listed on an exchange, I would probably trade bitcoins for that currency and pay my membership via the WA currency, thus avoiding the PayPal fees and the international transaction fee. Since you have created a credit system that has real monetary value, then doing it as a cryptocurrency may be the best option.
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perryman1a Premium
It looks like I need to get back to learning more about WA ! I'm liking it more everyday. just getting ready to get my first domain
THANKS GUYS !!!!!
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viyee Premium
Great ! Thanks Carson.
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routhyrouth Premium
WA just keeps giving....great stuff guys
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Maxwealthy Premium
Thanks Carson for this post! It answers a lot of my questions!
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Twinsmother Premium
WA is soo interesting and helpful it just amazes me. I am glad I am part of this program and all it has to offer. Keep it coming.
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DLansing Premium
WA is getting more amazing by the day, wow!
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KieferO Premium
Great addition! Are there plans to expand the means by which we can earn community credits? Being able to earn community credits for, say, being highly active answering questions or creating blog content would be a nice way to incentivize experienced members to help newer members and add quality content to WA.
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mjdimarco Premium
Very neat!
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SuePeters Premium
Very clever....I love the unique ideas and posts available here. It's like a never ending resource!
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Surfdude123 Premium
Wow this is interesting. Definitely could give you the initial boost your site needs with comments.
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rodc Premium
Very nice Carson, thanks for the upgrades.
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DonTerry Premium
Hello, Carson. It is things like this that continue to make Wealthy Affiliate number one on the Internet! You guys are awesome!!
Kind Regards
Don
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Kyle Premium
Thanks for your kind words Don, we still have a ways to go as the engine behind the scenes never stops moving. Lots of awesome stuff to look forward to!
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DonTerry Premium
Hey, Kyle thank you both for always looking for ways to improve Wealthy Affiliate with great Training, New Credit System, and an awesome community!!
This is so great "Why don't they teach WA in High School?"
Can you imagine graduating from High School and already have a website up and making money? Should be a no brainer!
Have an awesome weekend!
Kind Regards
Don
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mrbill6771 Premium
Thank you for the upgrades. I'm looking forward to the new changes to come!
BIll
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TJ Books Premium
I hope you and yours are well, Carson. How is that little fellow?
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Fgonzaga Premium
Thank you. This is very interesting and a lot more clear to me. I look forward to continued improvements to the system. Regards, Fred
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BarbieJ Premium
This is the best news I've had all day, thank you for all your hard work, I am forever committed.
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THEmPOT Premium
You guys really ROCK!! Looking forward to these features. Cheers Carson!
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chuckmuir Premium
Thanks for all the ways of helping us become successful.
Take Care, Chuck
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vicki13 Premium
I am still in the process of understanding so much, yet it looks as if it's just another way that you two want all of us to be successful. Thanks so much Carson and Kyle!!!
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3chas80 Premium
Nice! You guys just keep making this better and better! Thanks to both of you!
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azmod Premium
Of course I had to read all he comments as well to get an idea of the scope of the changes that are taking place;-) The more I continue to soak up all the information here at Wa the more I am amazed! There is soo much thought that goes into just about everything here it just blows my mind;-) Thank you Kyle and Carson for continuing to care about the community and take such an interest not only in what's going on but how you two keep trying to improve upon it.
Don
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dianegailit Premium
Excellent! Everyone loves incentives :-)
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CarolEll Premium
Carson - I'm so impressed with what you and Kyle have built! This makes so much sense! Thanks! Carol
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Gavriel Premium
Great information and I really like the plans for the future. This is what being a Wealthy Affiliate is all about. With WA the change is constant and this adds to the excitement of it all.
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lorenzow93 Premium
This is super exciting and very interesting!
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Maryc1 Premium
Thank you Carson for your continual updates to WA. I can't wait to make full use of them.
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Carson Premium
I can't wait until you start to make use of the entire platform here at WA too Mary! I look forward to working with you and helping out in any way I can.
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how interesting.
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Traveller75 Premium
Thanks for the info Carson, I see you guys are still building which is great.
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ecomtom Premium
I like it. More incentives to refer, promote, and assist in WA, both within and without.
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MarvH Premium
Thanks Carson for another great improvement.
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ChrisTowers Premium
I think it is a great idea... and it forces the hand of give and take... in my opinion the comment and feedback threads should be taken away now.... they get abused too much in the way of people asking for and never giving back!

This is a great step forward and look very much ahead when the credit use is enhanced more into the site!
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ADias Premium
Hi Carson, this is getting better and exciting! Let's wait for more...
Thanks
Alex
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GabrielMRPR Premium
thats great! I love the idea.
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JamesE31 Premium
Hello Carson
Thank you for this revived program. It will be a great motivators for all the Wealthy Affiliates community.
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Ken-Pringle Premium
Carson, another great new feature form WA.
This system just keeps getting better all the time.
Thank you for all you do for us.
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dickw Premium
This is a nice touch, Carson. Thank you
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jcorrigan1 Premium
I am just starting but this sounds great.
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bsmith1222 Premium
Thanks for sharing this great information!
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please any give me a info on how to open my own website!!
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Jimster Premium
I'm realtively new with WA but I would say just keep going thru training and you'll find it...but if you're really stuck, just go to Live Chat and any one of the many experts can help you out in a hurry.

Cheers!
Jim
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forresth1 Premium
Sounds good thanks Carson
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BusyOne Premium
Thank you very much for keeping me informed,this sounds good
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PJonline Premium
wow, this is huge and will be such a benefit! Thank you so much, Carson for sharing this great information! :)
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Sounds great. Thanks...
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JoaquinD Premium
This is great, and found out yesterday you don't have to be Premium to purchase domains at WA!

Thanks for the update Carson & Kyle :)'
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kiliwia62 Premium
Awesome news indeed, thanks Carson & Kyle :)
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bryanshipley Premium
I'm still fairly new here, but I didn't even know I could earn this way ! I thought the only way I could earn was by referal. I will definitely be looking into this a bit more now :-)
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RickBell57 Premium
I've been fortunate enough to be able to cash out 1000 credits so far. Thanks guys!
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ZEGU Premium
Indeed its quite evident that you have big plans for WA credits. Great news.
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leluka Premium
I am happy and proud that I am a member of WA.God bless you guys!...Truly you care for the members of your online platform.WA is the one and only great online university to learn online marketing from scratch and to benefit with the skills learned hear at WA.
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SoncaTH Premium
This sounds wonderful, Carson. Thank you.
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Sambladeco Premium
It just keeps getting better and better!
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VLong Premium
Awesome report
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Had missed realising there were credits - great to read about, thank you!
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rallamby96 Premium
this is really cool Carson...Thanks.
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CaniceO Premium
Getting better everyday. tnx. hope to start earning some useful credits soon.
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Muule Premium
This is really interesting and exciting! It's a win-win situation. That's great! Thank you!
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Alen464 Premium
Tnx
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EFors Premium
Thanks for the update.
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DELJAR Premium
Thank you for the update, Carson. I look forward to earning credits soon. Good to hear that you could cash it out which will really help to top up our online business :)
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Marcus1978 Premium
Looks good. Thanks for the update, and keep up the great work, Carson.
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Rean Premium
Awesome development..Looking forward to earning some useful credits.
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Bernd16 Premium
Interesting develepment.
I´m curios about the next steps.
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LizPB Premium
Awesome!! Some of the perks ;-)
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AlexEvans Premium
Hi Carson, you have explained it so well. Thank you. The platform just keeps developing which gives us so much confidence. We are lucky indeed to be involved.
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Harrysastar2 Premium
Hii Carson, sounds good to me. BTW, how's the little fella doing, hope he's well on the way to recovery.
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zolygall Premium
My comment here is reffering only to buying community credits for site comments and feedbacks. I don't want to be the negativist here, i just want to be realistic, but buing credits for site comments and site feedbaks could have a significant drop in recieving those comments and feedbacks. In my oppinion it was a good thing that i was forced to offer comments in order to recieve back. If the majority here just decide to buy credits and wait for comments without offering back, becouse we have credits available when we want, wats going to happen? Who will offer comments? WA is a great community and people are willing to help each other. But what i noticed is that all the comments i received on my website trough WA, was only one time from each person, without a comeback even if i ask questions in my response. Witch lead me to a conclusion: Most of us had offered comments only to earn credits so we can spend them to asking for comments. I am coming back to my question? If we are no longer forced to offer comments, who will offer from now on if we all have credits?
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DanOIS Premium
I am also interested in the answer to this question.
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Carson Premium
Hi Gall, great questions and I appreciate your concern. If everyone purchased credits towards a give-and-take system like SiteComments, or SiteFeedback, then there very well could be no one leaving comments - you're absolutely right.

We've thought about this long and hard and we have limits in place that won't allow this.

Secondly...I'll prelude something that we are really excited about and that is going to be included in the next update to the WA Comment system. Soon there will be the ability to earn Cash Credits when offering Comments in SiteComments, or offering Feedback in SiteFeedback. There will be Cash Credit incentive for top commenters to generate some revenue form their hard work in offering comments.

Your questions were very good ones and we've got safe guards and plans in place so that there will always be comments being offered.

Carson
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zolygall Premium
Hi Carson,
You just did my day better. This update will be a gold mine. Thank you ank Kyle fo doing this place the best on the web.
God bless!
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theresroth Premium
Thanks for this, Carson, and for the untiring engagement and performance that you and Kyle show on a daily basis. What a powerful example for all of us!:-)
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Anh Premium
Carson,

That's great that you guys keep updating features to WA. I like the fact that trainings here will earn you credits as well, though I actually think others will prefer to be paid so they can invest on their business.

Nonetheless, WA credits to spend on comments and feedbacks is pretty nice as well. Looking forward to see how this turns out. :)

Happy Thursday,
Anh
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SandraAngela Premium
Thanks, Carson, for this information! Best regards!
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Thank you Carson
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albinchero Premium
Thank you Carson for that, new information to make WA lively, i like that.
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Roybretton Premium
Thank you, this sounds really good!
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laurenjean Premium
Wowee! How exciting!! Thanks Carson & Kyle!!!
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AriefWibowo Premium
I just noticed this at my profile and WOW. You did a great job, Carson.
You and Kyle did.

I love how easy to make money, even within WA itself. Thank you so much.
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eatsoap Premium
Wow, sounds like really exciting stuff!
No doubt, our Wealthy Affiliate experience gets better day by day.
Can't wait for WA Credits..
Thanks for sharing info!

Regards,
Henry
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AlejandraB Premium
Thanks for this great blog
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bjdluna Premium
Hi Carson,
You and Kyle are always doing things to improve WA even though it is a great place without all the extras but those just add more greatness! The wonderful training that you offer is worth so much to me. Also all these brilliant people in the community that have so much knowledge--that's how I want to be!
Thanks again you guys!

Barbara
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Carson Premium
Hi Barbara, with everyday that you spend learning, you are adding to your knowledge of the Internet and how the online marketing world works. You have an extensive amount of knowledge compared to someone who just started today!! Thanks for the feedback :)
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bjdluna Premium
Yes, when you put it that way I guess I do. I just really want to be good at this because I need the money but I also need the self esteem and a success!
Barbara
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JayZ Premium
Thank You Kyle And Carson for the much needed unselfishness, that I've NOT seen in so many companies! Always thinking of the people that make up this GREAT COMMUNITY rather than just thinking of yourselves! Kudo's to you both!!
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Carson Premium
That's a real complement, thanks Jay! Success happens when you make decisions based on helping people. 100% of our decisions come down to how we can help more people and make it easier for people to succeed!
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JayZ Premium
I've seen a lot of greedy Owners! You Guys Are Choice!!
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mtatar Premium
Hi Carson
You and Kyle are doing a great job improving things at WA to make it easier for us.
I have learned more then I ever thought I could and it is all thanks to you and Kyle.
Thank You
Michelle
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Carson Premium
Awesome to hear that you are learning a lot Michelle! You're taking action and that will lead to all kinds of successes, congrats!
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clue Premium
You rock Carson. Thank you for always improving wealthy affiliate.
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Thank you that blogg was helpfull!
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Jenna7 Premium
This is pretty great, thank you. ;)
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Mubuyaeta Premium
Thanks. Awesome stuff!
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Delsin152016 Premium
Thank you very much Carson and Kyle. I see this to be a very successful idea!:)
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Delsin152016 Premium
I am extremely excited and looking forward to getting Engaged in this new credit system!

Can't wait to start myself!!!!!
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Carson Premium
Great to have you at WA Aiden! I think that as you engage in the community, training, and website building platform, you will really see the new Credit System shine :)
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Delsin152016 Premium
Thank you very much!!
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Maxiam59 Premium
This sounds awesome and I am sure glad to have it here all the best Max
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Kevin67 Premium
Thanks for continuing to develop your site and its processes.I look forward to all of our development!
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vagabund Premium
This is very exciting. Thank you Carson & Kyle.
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karell Premium
Carson very well this really helps us. Good idea
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santy Premium
Thank you Carson this is great
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Debs3 Premium
Nice job Carson and Kyle! I am still learning a lot and started from knowing absolutely zero when I arrived. Going through the training (slowly but surely). I plan to be active here for a long time while I am building and after! And you guys have been making added improvements here just since the short time I have been here. I have never seen any place like this in my life until I found WA and joined. Love it. Thank you!!
;)
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Carson Premium
Hey Deb, slowly but surely and taking baby steps at a time is definitely how we suggest moving forward. The KEY is to continue learning and moving forward and having fun while you do it. Thanks so much for the comment, I think that you'll find the new Credit System very useful :)
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Mac01 Premium
Thanks Carson, exciting stuff! :)
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russelcrown Premium
Wow! Just Wow! ^_^
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johnwnewman Premium
Nice innovation!
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JeffBoivin Premium
I keep an eye on it, the opened one :) Jeff
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Sui_generis Premium
Wow. Impressive update!!! You guys are always coming up with something new to help us.
Hope that cute little Kai is doing well.
~Debbi
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Carson Premium
Hey Debbi, thanks for the comment! Little Kai is nearly 2 years old, can't believe how fast the time has gone. He's still recovering from all of the treatments he's had in the past year, but he is healthy at the moment and we're taking things day by day...couldn't be more happy about that!
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Iosbourne Premium
This is a simply awesome provision Carson!
Appreciated. I'm sure it will be welcomed by everyone.
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Dmorrow Premium
Thanks to you Carson, and to Kyle, for continuing to make WA the place I want to be forever! You guys do so much for us and we really do appreciate it.

Blessings,
Debby
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Carson Premium
Thanks for the kind words Debby! It's a great feeling to hear that folks like yourself are in support for the direction that we have taken with WA. There is a lot in store for 2016 and we are already working on projects well into 2017! Hopefully you'll be here to experience the evolution of the community :)
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Dmorrow Premium
I'm planning on being here! There's no better place to be for learning and keeping up with internet marketing. I have found that the internet is constantly evolving. We need WA to keep up with new processes, concepts and changes.
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Martstervt Premium
Great news Carson I will have to be more involved in the credit system. It looks like a win win. Thanks for improving WA.

Marty
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Jimster Premium
I haven't made it thru training yet but thought I'd stop by and give it a read...looks like a winner I'd say...I gotta pinch myself, so happy I landed here at WA...yeah baby!

Cheers!
Jim
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Carson Premium
We're so happy that you landed here at WA too Jim! Thanks for the comment :)
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Sheila50 Premium
Wow, Carson!
This is so great and I am looking forward to using this new system.. WA keeps getting better and better!
Love it!
Sheila
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mijareze Premium
Kyle and Carson are definately on the move...
Ed
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Carson Premium
We're always on the move Ed!
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mijareze Premium
Cool!
Ed
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rosieM Premium
Another unique offering within WA......I am looking over the total layout, ease of use, the flow of it all and how it seamlessly blends in with everything from inception......total genius! You can easily see just how much time and effort this took.....thank you all for caring this much about the membership and it only goes to prove even further just how much you all try to help us achieve our success!
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Carson Premium
An amazing comment Rosie! A system like this can be very confusing and complicated if not done properly. I'm glad to hear that you feel the layout and the fundamentals of how the Credit System works is easy to understand. Great feedback here, thanks so much :)
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edtay78 Premium
Hi Carson!

Thanks for your update and effort to make WA the best platform for Affiliates.

May I clarify on the new threshold requirement as follow,
"Affiliate credits are available to use or cash out when a minimum of 40 credits have been earned, and a 5% Starter to Premium upgrade percentage is maintained."

I did not see "5% Starter to Premium upgrade percentage is maintained requirement" previously.

Does this mean that even we hit the 40 credits threshold, but the premium upgrade conversion is less than 5%, we are not able to cash out too?

I have lots of invitation accepted as free starter account, but many do not even completes their profiles, do these affect the percentage too?

Thanks for your advice.
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Kyle Premium
Yes, that is exactly correct. If the conversion ratio is less than 5% (average overall is close to 12% now), then these credits are not cashable. We set that is as the benchmark as anything 5% and under is very low quality traffic.

You still get full credit for all Premium upgrades, many folks here are converting at 30%+ just to give some perspective.
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edtay78 Premium
Noted. Thanks for clarification Kyle! :)
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Kyle Premium
No problem. :)
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Carson Premium
Hi Edmund,

There has ALWAYS been a 5% starter to Premium upgrade percentage required to cash out Affiliate Credits, no changes here. Since the WA Affiliate Credits were introduced years ago, we have had a 40 credit threshold and 5% premium upgrade to stop dishonest (yes we've had a handful) people from scamming WA by signing up fake accounts just to earn credits. 5% is far below the average that WA converts at from Starer to Premium, so anyone sending normal traffic to WA will easily be above this rate and have no trouble cashing out credits they earn when their referrals setup their accounts.

As mentioned above, no changes at all on this front, it's always been this way.

Carson
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edtay78 Premium
Thank you for clarifying, Carson. I understand now. :)
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phoenix2 Premium
Thanks Carson. Great ideas that I will be using.
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NWTDennis Premium
The WA Platform just keeps getting better and better. The growing list of improved features and benefits is hard enough to get your arms around on the inside. Can you imagine what its like for someone on the outside taking a peak on the inside? There nothing else like it out there in web land. Thanks Carson.
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JAHBOBCLATO Premium
They had a brainstorm of an idea. .yes.
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Toonblogger Premium
Excellent developments Carson. Maybe it'll also be possible in the future to use those currencies on the services offered by other members.

Just as an example. If I'll create animated explainer videos for WA members to promote or introduce something, I can earn those currencies accordingly.

It's cool...!

Cheers,
Jojo
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Carson Premium
Hi Jojo, well you can already add training to WA and you can earn credits through your training! So, we already do allow you to earn Cash Credits from training (video's if you choose), here at WA!
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Toonblogger Premium
Thanks Carson!
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TommyV Premium
Excellent system.
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KatieMac Premium
Some very distinct changes very cool thanks for the updates
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Carson Premium
You're welcome Catherine, thanks for dropping in :)
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Loes Premium
This looks very promising Carson, I like it!
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Carson Premium
The introduction of our new Centralized Credit system is going to open a lot of doors...stay tuned!
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Loes Premium
Thank you I will, can you chime into my latest blog, I am very curious about your ideas about it
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Gaylon Premium
I viewed this the other day when I got the update notice and thought it was another great innovation. More ways to earn. Thanks Carson for all you do. ~Gaylon
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Carson Premium
Glad you've had a chance to see the Dashboard Gaylon!
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boomergp08 Premium
Awesome Carson! Questions. When you said...

"Instead of your training credits going directly into your affiliate account, they are now added as Cash Credits. This gives you the opportunity to use the credits within WA if you wish."

are you saying that they will no longer appear in the "My Revenue" section of the My Stats screen? And if not, they will only be displayed in Cash Credits?

Now if it is the latter, is there a minimum threshold for cashing out Cash Credits like there is for Affiliate Credits?
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Carson Premium
Hey Rob,

Great questions, I'll answer below

Your Question: "Are you saying that they will no longer appear in the "My Revenue" section of the My Stats screen? And if not, they will only be displayed in Cash Credits?"

Answer: They will no longer appear in the "My Revenue" section of the My Stats screen until you cash them out from your Cash Credit Dashboard. At that point they will show up as "My Revenue". As you can see, we've now given folks a new opportunity to use these Credits within WA if they wish, otherwise they can choose to cash the out as normal.

Secondly, there is a minimum threshold of $10 to cash out your Training Cash Credits, but this is the same minimum threshold to receive Affiliate Payments, so this doesn't place any new stipulations to receive a payment.

Carson
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boomergp08 Premium
Cool Carson! Sounds great!
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Never in my wildest dreams, when I first saw WA in 2009 and finally joined on January 1, 2010, would it ever get better - and definitely to the incredible extent that it has over these six years!

The day I saw WA for the first time, I had no hesitation or skepticism about it - I knew great value when I saw it then - and what happened here since is beyond belief - and shows what one can do when they put their heart and soul into something they love.

The lives WA has touched is innumerable and I'm sure when you started this as a keyword list site beyond any other, you yourselves never dreamed it would ever come to this point and the fortune it would bring.
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Carson Premium
Powerful words Daniel and to hear them from someone like yourself who has been with us for 6 years is really amazing! It's an awesome feeling to hear that the direction we have taken WA and the 100's of updates we've done over the years has had an impact on you. Thanks for the feedback, you've made my day!
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@ Carson: Yeah, I was probably one of the last ones on here to still have WA Golds, all the way down to when the OEP rolled out. What I really like about WA is seeing the same basic lay-out continue on through all the years, yet every single thing, + the additions have been improved upon, including the WA Golds as they exist now, in the form of credits!

If we had WA as it was in 2010 right now, it would still outdo everything that's out there, so all the more blessed we are with what we have now...
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smokeywins Premium
Awesome info! Its so great to see all the changes for the good!
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Carson Premium
Thanks for chiming in Jennifer!
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Jennifer! I'm so happy to see you still here :) How's things been going with you?
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smokeywins Premium
Around the bend and back again. Been a trying few years. But back at it full force to finally make this work so I don't have to have a "job" anymore.
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Carson Premium
Awesome to hear that you've back at it full force Jennifer. You can ABSOLUTELY take your online biz to any level that you wish - I look forward to helping out in any way I can. Stay in touch and just GO FOR IT :)
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I am so glad to hear you got rid of that IT job. I know you hated it and there's nothing worse than having to do something and go somewhere every day that you don't like.

I no longer work myself, except with a specific person. I wish I could say that the income replacement was online income, but I can say that some of it has been and still is.

I too am gearing up and optimizing my circumstances so they are better suited to my needs and be able to finally take off with it. I know it can happen because of that one sales spike I had during 2012. I know for a fact that it can and will happen again. My recurring sales here have never ended since that happened, and this means it has been unbroken with income every month!

The power of recurring residual income beats earned income all the way!
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TonyHamilton Premium
Awesome Carson!

Thank You, Kyle and the entire WA Community!

WA gets better all of the time and I am amazed at the improvements in the just over 8 months that I have been involved with the WA Community.

To all of our success!

Tony
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Carson Premium
Hi Tony, We're extremely happy to officially re-introduce the WA currency to the community. Its a vital aspect of many of the systems we currently have (like SiteComments and SiteFeedback), and it's provided us with the underlying platform that we will be utilizing movie forward. 2016 is just getting started, we have the most ever planned in a calendar year :)
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TonyHamilton Premium
Awesome Carson,

I have just a few minutes ago purchased WA currency to view it in action. I look forward to all of the other awesomeness in our future at WA.

Thank You,

Tony
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Carson Premium
I see the purchase, nice work! For a lot of folks, I think it's going to be really powerful to use Cash Credits towards SiteComments. Thanks for the feedback (and test) Tony :)
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