FAQ
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WealthHubConnect and WealthHub Stokvel FAQs
- WealthHub Stokvel is a modern take o traditional stokvels, offering members the opportunity to pool resources for collective investment and financial growth. We combine the best of both worlds: the community spirit of traditional stokvels with thebenefits of modern investment strategies.
Yes, your investment is secure. We partner with reputable financial institutions to safeguard your funds. Additionally, your investment is held in your own name, providing you with ownership and control.
Membership tiers offer flexibility in investment amounts. We recommend starting with a minimum monthly contribution to get started.
Members have a three-month trial period to assess the platform and its benefits before committing to a full membership.
Yes, members can pause their contributions for up to 12 months.
As a WealthHubConnect member, you gain access to a range of benefits, including:
Participation in the WealthHub Stokvel with its potential for higher returns and tax-free growth. Opportunities to earn additional income through the Brand Ambassador program. Access to exclusive financial resources, webinars, and networking events.
The chance to be part of a supportive community focused on financial empowerment.
Participation in the WealthHub Stokvel with its potential for higher returns and tax-free growth. Opportunities to earn additional income through the Brand Ambassador program. Access to exclusive financial resources, webinars, and networking events.
The chance to be part of a supportive community focused on financial empowerment.
The one-time membership fee of R1000 covers administrative costs, platform maintenance, and contributes to the overall growth and development of the WealthHubConnect community. It also provides access to exclusive member benefits and resources.
While it's possible to promote ealthHubConnect without being a member, becoming a member enhances your credibility and allows you to speak from personal experience. As a member, you gain a deeper understanding of the platform's benefits, which can be effectively communicated to potential members.
Consistent contributions are essential for optimal investment growth. Missing contributions may impact your overall returns.
While you can withdraw your investment, early withdrawals may impact your returns. We recommend consulting with a financial advisor to understand the implications.
Members contribute a regular amount to a pooled investment fund. This fund is invested in a diversified portfolio managed by our financial partners. Members benefit from potential higher returns, tax-free growth, and the flexibility to withdraw funds when needed.
Members enjoy benefits such as tax-free investment growth, potential higher returns, flexibility in managing your funds, access to a supportive community, and opportunities for personal and financial growth.
Yes, you can withdraw your funds. However, there might be a short processing time, and early withdrawals may impact potential returns.
Failure to establish a tax-free investment account may result in account deactivation and forfeiture of accumulated benefits.
While we strongly encourage utilizing our partnered Sanlam Tax-Free Investment for optimal benefits, participation in the #Club1MillionMembers campaign is open to all. However, to fully experience the advantages of the WealthHub Stokvel, including tax-free growth and potential group discounts, establishing a Sanlam Tax-Free Investment account is recommended.
Yes, you can join the WealthHubConnect community without an immediate Sanlam Tax-Free Investment. You'll have a three-month grace period to explore the platform and its benefits. To fully participate in the WealthHub Stokvel and enjoy its advantages, including tax-free growth, establishing a Tax-Free Investment account within this period is required.
The minimum monthly contribution of R1000 to the WealthHub Stokvel ensures meaningful participation and allows for collective investment power. This threshold helps us achieve economies of scale and negotiate better deals on behalf of our members.
WealthHubConnect prioritizes data security and privacy. We employ robust measures to protect your information.
We have a dedicated customer support team to address any concerns or disputes. Our aim is to resolve issues promptly and fairly.
Support Helpdesk
Need more Help and Support?
Feel free to drop us a message, should you have more questions
Head office address:
Pinetown
Call for help:
Mail for information:
support@wealthhubconnect.co.za