Be a Prime Saver - Get an Express Plan
The Prime Savers page illustrates strategies designed for 2 to 4 people. They reserve dollars for a common goal. These savings plans are 14 to 20 weeks (3.5 to 5 months) in duration.
They're a quick solution for gathering resources in a few months. With a weekly deposit range of $60 to $120, a select group of friends can come together and save for a vacation or some other purpose. Come 2gether to achieve!
Unfortunately, all Plus & Prime savings plans are allowed only "twice" per calendar year. So you could save from June. to Dec. in the Falcon plan, and initiate a new Prime plan in January. You may also hold a Core plan along with a Plus or Prime plan in the same year. Don't be surprised if we have options you can use to your advantage!
Although this website was originally created for low to mid-income people, we designed these plans for the same folks who desire to come together and pool their resoures. Even some well-to-do or rich folks may find an interesting strategy here to raise some quick cash. Take a look and see if there's a suitable opportunity here for YOU! The topmost harvest in SOUPS Prime is $1,680. Gather some friends/family and start $aving!
Quick saving strategies
Prime Saver deposits are designed on a week-to-week basis. No STR exists. As our optimum savings strategy, we help the serious saver gather friends and resources to reach a soon needed goal. Our continued objective is to provide relevant opportunities for this diverse culture in our savings universe. See what we have to offer here. It may be for you!
Terms/Conditions
Under the same parameters of the Plus members, Prime savers are also a part of the Secondary Division where transitory savings plans differ in amounts per week, durations and fees. They are not Sweepstakes eligible. Their accounts incur no suspensions, and withdrawal assessments differ from the Core. These accounts are allowed a minimum of 2 payees, and a maximum of 4.
As a Prime Saver, your 1st week's deposit is designed to be identical to all deposits made for the entire duration of any plan you choose. But don't let this limit you.
Once the MDR (midpoint deposit requirement) is completed on any Plan on this website, you can save as much or as little as you wish. Barring cancellation or termination, your account is penalty-free. The more you sow, the more you reap!
Completions of the MDR in this division range from 7 to 10 weeks, respectively. Your risk of account termination (AT) is realized should you fail to meet any deadline required. Your TFS (total funds saved) begins processing 8 days after the final notification email and is returned to you minus a 10% default penalty (DP) fee, plus a $2 check fee (CF). Please allow 5 business days.
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Scenario 1: Three Members saving on the Falcon plan:
3 Church band members plan to vacation together in the Bahamas in 4 months. For spending money, they chose the "Falcon" plan and each band member deposited $40 each weekly. With there spouses pitching in, this came out to be only $20 per week per person (6) for 7 weeks.
They receive a SOUPZ email on day 42, giving them kudos for staying on track with their deposits and informing them that if they complete the next weeks' deposit, they will fulfill the MDR ($840). To lessen the burden on their spouses, they decide to deposit $15 per person (6) for the remainder of the Plan.
At the end of week 14, they withdrew $1,442.+ after fees! With only 2 weeks left before they leave, they meet at the bank to split the " Vaca-cheese" 3 ways!
Here's a breakdown of the 3 band members on the top Plan:
*FIGURES SHOWN MAY BE APPROXIMATE*
Falcon requires you to save $840 to complete the MDR by week 7. They accomplish this, and collectively save $90 each week over the last 7 weeks, totaling $630. $630 + $840 = $1470. The withdrawal fees averaged $9 each, and were pre-deducted. A net check of $1442 is issued a 3-way division of$480.+ is gained in less than 4 months! Praise God!
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Scenario 2: 4 Members saving on the Eagle plan (16 weeks):
4 long-time friends from college chose the "Eagle" plan in February to attend a summer concert in Miami Beach. Each saved $30 weekly for 6 weeks. Needing only $40 to satisfy the MDR, each guy added $10 to complete it by the beginning of week 7. They continued to save $25 each over the next 9 weeks. In the end they flew past the "Eagle" MAX landing near the Falcon MAX! A net TFS check was issued in min. 5 days.
A breakdown of the 4 college friends on the Eagle plan:
Choosing Eagle requires you to save $760 to complete the MDR by week 8 in SOUPZ Prime. Combined, they complete the MDR in 7 weeks. They then saved a combined $100 per week for the remaining 9 of the Eagle. $760 + $900 = $1,660. Fees averaging $7.48 each were pre-deducted, and a net check of $1,630.+ arrived in the primary's bank account 3 days later. Each payee received a harvest of $407.+! In the end, they were all blessed!
EMERGENCY WITHDRAWAL OPTION [EWO] - go to above Terms tab for more info
*An emergency may occur a month or so after the MDR where a W/D is essential*
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CURB ACCOUNT TERMINATION (CAT)
All Prime Savers have the option to execute the "Curb Account Termination (CAT) by downgrading their present plan to a lower one where the MDR can be or is already achieved. They have 7 days to initiate the curb. So, plan A (Falcon) can be demoted to plan B. (Eagle), or B to C, and so on. (fee to curb termination is $4 in advance to SOUPZ)
To get a SOUPZ CAT approval to *Scenario 1* described above;
(hypothetically short of the MDR by $120);
Relegate to Plan B* - the Eagle MDR must total $760, so $40 must be deposited in 10 days. You then have 8 weeks left to save any amount you wish before withdrawal of your TFS.
Relegate to Plan C - the Hawk MDR must total $720, making your new MDR completed 2 weeks ahead! You now have over 10 weeks before withdrawal, and can save as much or little as you wish.
To Plan D - not advised (you will be $120 over the MDR, but withdrawal is 13 weeks away).
THE CAT FEE IS $4 IN ADVANCE TO SOUPZ (not from your savings)
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*HYPOTHETICAL EXAMPLES - 2*
*To get a SOUPZ CAT approval for Scenario 2 with the MDR short by $95 [$665] week 7:
To relegate from Plan B to Plan C - the "Hawk" must total $720 @ the MDR. With an account balance of $665, the payees have 2 weeks to deposit $55 and complete that plan's MDR, but must wait 10 weeks until withdrawal. This gives you more time to save and reap a bigger harvest at withdrawal. So this could be a win-win situation.
To relegate from Plan B to D - not advised - you would be $65 over the MDR, but would have to wait an additional 12 weeks before withdrawal.
The upside of the offer is that you have more time to satisfy the new MDR. You can also save more during those additional weeks if you wish. (Why not?)
The downside is that you would normally wait 2 more weeks per lower plan from the original duration. And you may miss an event that you planned to use the funds for; or miss a due date for a bill you planned to pay. The saving grace is that you have more time to increase your TFS.
It would be best to choose a plan with a realistic MDR, and save as much as you want after that.
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The upside of the CAT is that you can simply withdraw your current TFS as soon as you reach the MDR of your new Plan via the EWO (see terms). if you wish. The downside is that you will have to wait 2 to 6 weeks beyond your original duration.
This could be a win-win situation as you can save more with the remaining time. And why not? (7 to 11 weeks).
Once the time window has passed for you to save the MDR via the CAT, you will have no other recourse to save your account. No excuses will be acceptable to reinstate save the website going offline those 72 hours (not your computer).
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All payees on the account must submit and verify their email. If "1" payee is named to receive the TFS check, all involved must acknowledge via their respective emails.
TFS (total funds saved) cannot be withdrawn before the midpoint range unless there is a restriction breach on your account (no deposits for a quarter of your duration, 56 days, e.g.). At most, your funds are reserved for "half" the time of whichever plan you choose. A cancellation before or after the MDR will be treated as a "self-termination" of your account and will incur standard termination fees (10% + $2 CF).
Prime Savers are paid by "check only". Up to 4 checks can be issued on "1 prime account". If there is only "one payee", the fees are pre-deducted on the total amount, and there is one check fee (CF). All included must be present to cash out at the bank. This is the least expensive way, allowing only 1 CF. Individual check require Individual check fees.
If only 2 are saving and have the same last name, John "or" Jane Doe, that check is cashable by either party. Please allow 3-5 bus. days. The 4 account holders may elect to have 1 payee receive the full check, via email verification by all. Make sure it's someone you can trust.
MDR - Midpoint Deposit Req. <> SAT - Save Acct. Termination <> CF - Check Fee
TFS- Total Funds Saved DP <> Default Penalty <> AT - Account terminates
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We decided to name these savings Tiers in analogy and order of the fastest birds who swiftly pursue prey across the 3rd heaven above this earth.
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A. The "Falcon" Plan (14 weeks) - reserve $120 per week for 3.5 months to reap the topmost harvest of SOUPZ Prime - $1,680! 3 band members on one account could save $40 each weekly, and withdraw $550 each 3.5 months later!
The withdrawal fee is 1.5% + $5 CF. You receive a SOUPZ progress email on day 42 stating you "have surpassed" or "need to complete" the MDR. Eligible to request the CAT on day 46.
You must satisfy the "need/complete" email or risk account termination. The MDR must be at $840 by week 7. Completion of the MDR labels your account as "penalty-free" (PF) and "free to save" (F2S) . You may deposit freely from that point.
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B. The "Eagle" Plan (16 weeks) - reserve $95 per week for 4 months to reap a harvest of $1520! 4 co-workers could team up with their wives/partners on 4 accounts saving $47.50 each weekly, and those 8 people would receive $746 each! They could all vacation together!
Withdrawal fee - 1.5% + $5 CF ($1492.+). A similar progress email on your MDR status is sent on day 56. Eligible to request the CAT on day 61. AT due to failure to complete. The MDR completed @ $760 (week 8) labels your account as "PF" and "F2S", depositing freely.
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C. The "Hawk" Plan (18 weeks) - reserve $80 per week for 4.5 months and reap a harvest of $1440! 4 sisters could complete this at only $20 per week, and receive $353 each! Identical check & % fees to withdraw apply. A similar progress email on MDR is sent on day 63. CAT eligible day 67. AT due non-completion. The MDR completion @ $720 by the end of week 9 labels your account as PF & F2S. Make deposits at your discretion.
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D. The "Kite" Plan (20 weeks) - reserve $60 per week for 5 months, reaping a harvest of $1200! 2 significant others could team up @ $30 each weekly, and receive $588 each! Identical % & check fees. A similar progress email sent on day 63. AT due to non-completion of MDR ($600) by the end of day 70. No CAT option. PF & F2S status.
All CAT-eligible plans can only be carried out if;
The Prime Saver deposits up to the total required of the lower Plan MDR in due time,
-or-
Their current deposit total equals or exceeds the MDR of the lower Plan.
All CAT approvals systematically removes the previous plan and assigns your account to new plan. This usually completes 2 weeks later than the previous Plan duration.
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We're 4 guys who met as college kids over 12 years ago. My sister was getting married in Henderson, Nevada, in 4 months. Because we booked the tickets months ahead, all of the airline costs were covered.
Wanting some extra cash to spend while there, we each chose the Falcon plan with our wives. We completed all four in 14 weeks (3.5 mos).
Each of us got a split of $824.+ with our wives!
We stayed at a 6-bedroom villa on the groom's father's property. After the wedding, our wives took us out for drinks on the Las Vegas Strip (only 20 mins. away). I won $200 at craps! It turned out to be a nice little vacation. From all 8 of us, THANKS SOUPZ!
Members of Alpha Phi Alpha since 2012
Get in Touch!
Do you need answers or info that's not provided on this page? We thought we explained it all, but you can contact us for more info if you need to. Gather a few friends and SAVE!