How does SocialBoost™ work?

SocialBoost™ is the bank giving back interest charges accrued on Lines of Credit. First, individual users with open accounts receive payments from the bank equal to 25% of the amount of interest billed to their invitees LOC as their Personal Distribution each month. That accounts for approximately half of the SocialBoost money distributed by the Member Banks. The remaining money is allocated to the global community of Meed users. You will receive payments from the bank equal to a proportionate share of the Global Distribution based on the total number of users who have opened an account with a Meed Member Bank at your invitation. 50% of the income you receive from SocialBoost™ will be applied to your Transactional Account and 50% will be applied to your Security Savings Account.