Website Terms and Conditions

The below Terms and Conditions apply to anyone who accesses the Prestige Millionaires Club website and it will govern your rights and obligations each time you access the Prestige Millionaires Club website. By using this website, you warrant that you have the necessary legal capacity to enter into and be bound by these Terms and Conditions, and it means that you understand, accept and agree to comply with these Terms and Conditions.

Definitions

"Visitor" means any person entering or using the website

"Member" means any person or family member directly related to the Member who resides in the same household, who has the right to the unlimited use of the advisory services and products of the Prestige Millionaires Club by paying the membership fee in advance.

"Advisory service" means the provision of objective general information in a variety of different communication methods, on a wide range of financial and legal topics, including worldwide investments, business opportunities, business management solutions, tax, personal finances, the stock market, your retirement investments, estate planning, wills, trusts, business contracts, lease agreements, company law, labour law and any other legal matters. If any Member is unsure as to whether any objective general information regarding any financial or legal topic suits their personal circumstances, the Member is encouraged to request personal financial advice from the Prestige Millionaires Club, which is an authorised financial services provider (FSP No. 11336) as defined in the Financial Advisory and Intermediary Services Act, No. 37 of 2002.

"Products" means Quarterly Reports and Express Insights.

"Quarterly Report" means Reports containing (1) factual advice (objective general information); (2) a discussion of potential results in the form of objective information; and (3) analysis that is based on the authors' personal circumstances, which may include a discussion of potential results that could be achieved if the information in any Report was successfully applied. The content of any Report is of an educational nature and may not be appropriate to any Member's personal circumstances, personality traits, investment objectives, financial situation or needs. Any Report does not provide any Member with an express or implied recommendation, guidance or proposal to take any particular action or to refrain from taking any particular action. Any recommendation contained in any Report is merely intended to identify a potentially beneficial course of action for possible further investigation by any Member. When in doubt, any Member should obtain personal advice from the Club before entering into any investment, business or commercial transaction.

"Express Insight" means the bi-weekly newsletter "Express Insight" or "Spoed Insig".

"Prestige Millionaires Club (Pty) Ltd" means the registered private company, with registration number 1997/006334/07 and authorised financial services provider (FSP No. 11336) with its registered offices situated at 1003 Rabie Road, Eldoraigne Ext 1, Centurion, 0157.

General

  • Prestige Millionaires Club may change the information on the website at any time without notice. Please check our website regularly to ensure that you are aware of any changes, which may affect you.
  • Prestige Millionaires Club may impose limits or conditions on certain services, features or functions, restrict access to any part of the services or all the services on this site, or modify, suspend or discontinue this site, whether temporarily or permanently, without notice.
  • Should you use the Prestige Millionaires Club without proper authorisation, misuse passwords or information, or breach these Terms and Conditions, it may result in criminal or civil liability on your part and you may be held liable by Prestige Millionaires Club for any liabilities, losses or expenses incurred by Prestige Millionaires Club. If your actions constitute a crime, Prestige Millionaires Club reserves the right to refer the matter to the relevant authorities.
  • Prestige Millionaires Club reserves the right to refuse you access to the website if you breach any of the Terms and Conditions applicable to the website.
  • Membership or subscription to any service or product through the Prestige Millionaires Club website is subject to Prestige Millionaires Club's contractual Terms and Conditions an any applicable legislation.
  • If you have any comments or queries about the website specifically or you want to bring incorrect information on the website to our attention, please e-mail us at info@prestigemillionairesclub.co.za.

Information on Services and Products

The information and content provided on our website is for the purpose of providing Members with information about Prestige Millionaires Club, the services that we render, financial products and matters of interest, in general. This information is not intended as and does not constitute advice (as defined in the Financial Advisory and Intermediary Services Act, 37 of 2002), a recommendation, guidance or a proposal as to the suitability of any financial product in respect of any financial need you may have.

Any information, any opinion or view on our website is not a solicitation, invitation or offer by Prestige Millionaires Club to enter into any transaction. It should also not be considered as investment, legal, tax, retirement, financial or any other advice or service. Any calculators, financial planning tools or other tools, which are made available on our website, should only be viewed as a guideline. The accuracy and completeness of the results of these tools cannot be guaranteed and Prestige Millionaires Club will not be held liable for any inaccuracies or actions taken, e.g. entering into a financial product based on these results.

You should obtain independent professional advice before taking any action based on the information, opinions or views on our website. That also applies to any information, opinions or views displayed on a third party website, which may be accessed through a link on our website. Any investment performance displayed on the Prestige Millionaires Club website is for illustrative purposes only. The value of any investment can go up as well as down, as a result of changes in the values of the underlying investments or in the exchange rates of currencies. Past investment returns or portfolio benchmark returns are not necessarily indicative of future returns. The services and products available on the Prestige Millionaires Club website are only available to persons who reside in, or are nationals of, or are incorporated under the laws of the Republic of South Africa. If you are unsure if you meet this requirement, please consult your legal or financial advisor. All investments in financial products, and all business transactions, contain risk. Although a reasonable plan of action may be formulated by using the information contained on this website, no investment or business transaction must be entered into by anyone without a request for a personal consultation with a personal financial advisor who is mandated by the Prestige Millionaires Club, which is a licensed FSP (FSP No. 11336), a lawyer or a chartered accountant.

E-Commerce

By entering the website (www.prestigemillionairesclub.co.za) or by becoming a Member of the Prestige Millionaires Club, the Visitor / Member agrees to comply with all of the Terms and Conditions contained herein. The Visitor / Member is solely responsible for all account activities, memberships and/or any other interactions through the Prestige Millionaires Club website, which is only accessible through the Visitor / Member's own unique password.

Membership Fee

You will be enrolled as a Member of Prestige Millionaires Club on a monthly basis. Membership is subject to annual price increases. Membership entered into through this website is payable monthly in advance at the price stipulated on the website, and any credit card payment will automatically deduct recurring, monthly payments until your membership is terminated. There is no end date to the membership and an existing membership can only be terminated through written cancellation by the Member. 

Failure to Pay Your Monthly Membership Fee

The monthly membership fee will be deducted in advance, each month, from the credit card using the details provided by the Member. The onus of ensuring that the correct credit card details are entered, and that the payment which is deducted from that cardholder is correct, rests on the Member. Should the payment of a Member's monthly membership fee be returned unpaid, for any reason whatsoever, Prestige Millionaires Club (Pty) Ltd will immediately bring it to the attention of the Member in writing by sending an e-mail to the address provided by the Member. If the Member remains in default, irrespective of a notice of default, Prestige Millionaires Club (Pty) Ltd will cancel that Member's membership with immediate effect. Prestige Millionaires Club (Pty) Ltd holds the right to cancel the membership on these grounds without further notice to the Member.

Refund Policy

If, for whatever reason, you decide to cancel your Prestige Millionaires Club membership within the first 30 days, we will refund your first month's membership fee to you.  You will only be eligible for a refund if you have not made use of Prestige Millionaires Club's advisory service.  Upon cancellation of your membership, you will be entitled to keep all the material you've already received to date - with our compliments!

If you are approved for a refund, it will be processed and a credit will automatically be applied to your credit card or original method of payment within fifteen (15) working days.

If you don't receive a refund within fifteen (15) days, first check your bank account again.  Then contact your credit card company.  It may take some time before your refund is officially processed.  Next contact your bank.  There is often some processing time before a refund is reflected.  If you've done all of the above, and you still have not received your refund yet, please contact us at info@prestigemillionairesclub.co.za.

Quarterly Report and Express Insight Schedules

Prestige Millionaires Club's Quarterly Reports, as the name implies, are published on a quarterly basis, i.e. March, June, September and December, and dispatched via e-mail to Members' e-mail addresses, as correctly supplied by them. Members of Prestige Millionaires Club also have access to a Members' only page on our website where they can download the latest electronic Quarterly Report. In addition, a link to download the applicable electronic Quarterly Report will be sent to all of our Members' e-mail addresses, as correctly supplied by them, as soon as the latest Quarterly Report is available. At times, fast communication and action is necessary and, as an added benefit to Members, the Prestige Millionaires Club will regularly send Members updates and other information affecting their and their family's wealth and prosperity via e-mail. This additional publication, the Express Insight, will be sent to Prestige Millionaires Club Members' e-mail addresses, as correctly provided by them, on at least a bi-weekly basis or whenever circumstances deem it necessary. However, in some weeks, the publication may not be sent due to any unforeseen event, without prior notice to the Members and based on the decision of the Directors of Prestige Millionaires Club (Pty) Ltd. The Express Insight will be available to download from this website by Members only. In the event that it becomes impossible for Prestige Millionaires Club (Pty) Ltd to send Quarterly Reports and/or Express Insights to Members electronically, for whatever reason, calamity or force over which Prestige Millionaires Club (Pty) Ltd has no control, this delay will be brought to Members' attention by way of a phone call, sms or e-mail using the correctly provided contact details. The Quarterly Report and/or Express Insight, which is delayed, will still reach the Member as soon as the circumstances that led to the delay have changed, or Prestige Millionaires Club (Pty) Ltd has found an alternative way to deliver the Quarterly Report and/or Express Insight to the Member, given it is viable.

Delivery of Quarterly Report and Express Insight

An electronic copy will be e-mailed to Members who have provided an accurate e-mail address. The electronic copies will be sent to Members, who made their e-mail addresses available when joining as a Prestige Millionaires Club Member.

Changes to Service Offering

Prestige Millionaires Club (Pty) Ltd retains the right to change or discontinue any aspect or feature of the Prestige Millionaires Club website at any time including, but not limited to, the content, hours of availability and the equipment required for access or use.

Consent to Receive Electronic Communications

Through the use of this website, or by communicating with Prestige Millionaires Club (Pty) Ltd via e-mail, the Visitor / Member consents to receive written communication from Prestige Millionaires Club (Pty) Ltd and Prestige Bulletin (Pty) Ltd. In addition, the Visitor / Member acknowledges that any and all agreements, notices, disclosures or any other communication comply with all legal requirement(s) including, but not limited to, the requirement that these communications are delivered in writing.

Collection and Use of Personal Information

You are free to browse our website without providing any personal information. However, certain services and areas of our website are for Members only and will require you to be registered. These services include access to our bi-weekly newsletter, Quarterly Reports and Member resources. The following information may be required: 1) personal information such as your name and surname; e-mail address; telephone number; postal address; country of residence; preferred language; etc.; 2) your billing information, including your credit card information; delivery address and any other information relevant to a purchase that you may make. The information that we collect from you on our website may be used for the following reasons: 1) to supply information or services as requested by you; 2) to effectively run our website and improve our services and offerings to you; 3) to keep you up-to-date on our latest offerings; 4) to communicate with you and answer your queries; 5) to offer you other products and services within our group of companies that you may be interested in; 6) to send you relevant company news, updates and service information that may be important to you. By providing us with this information, you are giving us your consent to transfer and store your personal information. Any personal information, which you share with Prestige Millionaires Club, will be treated in accordance with Prestige Millionaires Club's Privacy Policy.

Security

We are dedicated to ensuring that the Prestige Millionaires Club (Pty) Ltd website is secure.  However, we cannot provide a guarantee with regards to the security of this site. Any information transmitted through an unsecured link over the Internet is subject to possible unlawful access and monitoring. Prestige Millionaires Club (Pty) Ltd cannot be held liable for any loss, damage or costs that could result from interception by third parties of any information that is made available via this site or information that is intercepted through unlawful access.

Usernames and Passwords

If any product or service on this website require a username and a password, you are responsible for maintaining the confidentiality of your username and password and the activities that occur on your account (either with or without your knowledge). You are obliged to notify Prestige Millionaires Club (Pty) Ltd immediately of any unauthorised use of your username and password or any other breach of security. You may be held responsible for any losses or damages suffered by Prestige Millionaires Club (Pty) Ltd or a third party as a result of the use of your username and password by someone else.

Mobile Devices

If you are using a mobile device to access the Prestige Millionaires Club (Pty) Ltd website, the functionality and use of the device is outside our control and Prestige Millionaires Club (Pty) Ltd does not accept any responsibility for a lack of functionality, capability or reliability of your mobile device or software to access the website.

Credit Card Acquisition – Payment Gateway

Credit card transactions are conducted by PayFast (Pty) Ltd, a registered systems operator and payment gateway in South Africa. Cardholders may go to https://www.payfast.co.za/ to view PayFast's security policy. The Visitor / Member's credit card details will, in accordance with legislation, be kept secure and are not accessible by any unauthorised parties.

Copyright and Intellectual Property Rights

Prestige Millionaires Club provides certain information on our website that is protected by copyright legislation. All current and future content displayed on this website is provided by Prestige Millionaires Club (Pty) Ltd, its affiliates and/or subsidiaries, or any other third party owners and includes, but is not limited to, literary works, musical works, artistic works, sound recordings, cinematograph films, sound and television broadcasts, program-carrying signals, published editions and computer programs ("the Content"). All such proprietary works, and the compilation of these proprietary works, are the copyright of Prestige Millionaires Club (Pty) Ltd, its affiliates or subsidiaries, or any other third party owner of such rights ("the Owners"), and are protected by South African and international copyright laws. Prestige Millionaires Club (Pty) Ltd reserves the right to make any changes to the website, the content or to products and/or services offered through the website at any time and without notice. All rights related to the content are reserved and retained by the owners of that specific information. Unless otherwise specified in these Terms and Conditions, the Visitor / Member is not granted licence or any other rights, including and without limitation, to Copyright, Trademark, Patent or to any other intellectual property rights relating to the content. You may not decompile or reverse engineer the website or related software. You may also not post or transmit to the website any unlawful content, use the website in a manner that could damage or interfere with the Prestige Millionaires Club (Pty) Ltd's servers, networks or content displayed on the website, or gain unauthorised access to the information or restricted areas on the Prestige Millionaires Club (Pty) Ltd's website or systems.

Third Party Websites

For your convenience, Prestige Millionaires Club (Pty) Ltd may provide links to third party websites, which we may also remove at any time. The information and content displayed on such third party websites is not under Prestige Millionaires Club (Pty) Ltd's control and we cannot accept responsibility or be held liable for any information or content displayed on these third party websites or for any loss that you may suffer as a result of using or relying on the website, its information or content. You access and use these third party websites entirely at your own risk.

We also do not necessarily endorse, recommend, support, authorise or sponsor the website owners, sponsors or the information, products or services offered on those websites.

Third party websites may collect personal information about you when you access their websites. Please ensure that you familiarise yourself with the relevant privacy and security policies relevant to those websites.

Please also ensure that you request a personal consultation with a personal financial advisor who is mandated by the Prestige Millionaires Club, which is a licensed FSP (FSP No. 11336), a lawyer or a chartered accountant before using or relying on the information displayed on the third party websites.

Should anyone wish to establish a hyperlink, frame, metatag or similar reference, whether electronically or otherwise, to the Prestige Millionaires Club website, Prestige Millionaires Club's prior written permission must be obtained. It is in our sole discretion to grant such permission or to grant permission subject to conditions specified by Prestige Millionaires Club.

Limitation of Liability

The website and all its content including, but not limited to, any current or future products or services on offer, is provided "as is" and may include inaccuracies or typographical errors. Prestige Millionaires Club (Pty) Ltd provides no warranty or representation as to the availability, accuracy or completeness of the content. Neither Prestige Millionaires Club (Pty) Ltd nor any holding company, affiliate or subsidiary of Prestige Millionaires Club (Pty) Ltd shall be held responsible for any direct or indirect special, consequential or other damage of any kind whatsoever that is suffered or incurred in relation to the use of, or the inability to access or use the content or the website or any functionality thereof, or due to any linked website, even if Prestige Millionaires Club (Pty) Ltd is expressly advised thereof. All investments in financial products, and all business transactions, contain risk. Although a reasonable plan of action may be formulated by using the information contained on this website, no investment or business transaction must be entered into by anyone without a request for a personal consultation with a personal financial advisor who is mandated by the Prestige Millionaires Club, which is a licensed FSP (FSP No. 11336), a lawyer or a chartered accountant.

Indemnity

We have made every effort to ensure that the information on the Prestige Millionaires Club (Pty) Ltd website is accurate and up-to-date, and that our website or any hardware on which it is stored is virus free. However, we do not guarantee that the content of the Prestige Millionaires Club (Pty) Ltd website is appropriate or suitable for any particular purpose, that it is complete or accurate, or that our website or the hardware on which it is stored is free of viruses and other harmful code, which may affect your system.

All information is provided without any express or implied guarantee of any kind. Your use and reliance on the information, products or services contained on this site is entirely at your own risk. Prestige Millionaires Club (Pty) Ltd, including its directors, officers, employees, agents, licensor, suppliers and third party information providers, will not be held liable for any damages or loss that may arise from the use of, or the inability to use (which includes but is not limited to, any interruption, malfunction, downtime or other failure of the website or online services, delayed or failed transmission or the loss of data or programs) the Prestige Millionaires Club (Pty) Ltd website or the breach of these Terms and Conditions. This includes, but is not limited to, any direct, indirect, special or consequential loss suffered by you or any third party that may arise, directly or indirectly, as a result of the use of, or reliance upon, any content displayed on the website or the breach of these Terms and Conditions.

Updating these Terms and Conditions

Prestige Millionaires Club reserves the right to change, modify, add or remove portions or the entire extent of these Terms and Conditions, from time to time, without prior notification. Changes to these Terms and Conditions will become effective once these changes are posted on this website. It is the Visitor / Member's responsibility to periodically check these Terms and Conditions on the website for changes or updates. The Visitor / Member's continued use of this website, once any changes or updates have been posted, will be considered adequate notice of the Visitor / Member's acceptance to abide by, and be bound by, these amended Terms and Conditions, including the changes or updates.

Whole Agreement

These Terms and Conditions constitute the entire agreement between Prestige Millionaires Club (Pty) Ltd and the Visitor / Member with regard to the use of the content and the Member services provided on this website.

Last updated: 16 May 2018