September 1 To December 31 Is The Amway™ IBO Renewal Period
Each year, if you continue with your Amway™ business, the period in which you need to renew your IBO is September 1 through December 31. All IBOs renew during this same period of each year, September through December.
If you are making strides toward success in your business, renewing your Amway™ business is an obvious step to take. Doing so will allow you to continue to build your business and help others in your business network.
Amway™ IBO Renewal Fees
At the time of the publishing of this blog post the Amway™ renewal fee is $62 per year. The $62 includes the membership fee for your IBOAI®. In the future this fee, like all fees, will likely increase; so please keep this in mind if you find this blog post years into the future.
For those business owners who started their business in the last year the time of the year you started your business within the fiscal year, which runs September 1st through August 31st, can affect the amount of your renewal fee. It may decrease the amount of your renewal fee. IBOs who started their business late in the previous fiscal year pay a prorated renewal fee. (The Amway™ portion of the fee is prorated, the IBOAI® portion is not prorated.)
Prorated IBO Renewal Fees
If you registered in June, your prorated renewal fee is $57.
If you registered in July, your prorated renewal fee is $52.
If you registered in August, a renewal fee is not required for the upcoming fiscal year (beginning September 1st). You do not pay a renewal fee. The original fee you paid to start your business keeps your business activated through the end of your current year and the following year; however, to keep it active be sure to renew before the end of the following year.
Amway™ IBO Auto Renewal
If you would like avoid needing to manually renew your Amway™ business, you can streamline the process by setting up Auto-Renewal. The Amway™ renewal system will automatically process your renewal each year. Amway™ will send you a notice, reminding you that your business will be automatically renewed.
Amway™ IBO Renewal Of Downline
Each business can be renewed only by the business owner of any Amway™ business. You cannot renew a business for an IBO in your downline; however, you can assist the members in your downline by reminding them to renew their business. The Amway™ Business Center keeps an Action Report that shows you the IBOs in your downline who still need to renew.
Verify That My Amway™ Business Is Renewed
After you have renewed your Amway™ business you can double check with Amway™ to see that they indicate it has been renewed.
To verify your business is designated with a renewal status simply log into your account and go to Account Menu > My Account. There you will find your renewal status displayed in the Auto-Renewal/Renewal section. If you have gone through the steps to renew your business and you do not see it reflected in the Auto-Renewal/Renewal section, contact Amway™ immediately to follow up with them.
If you do need to contact Amway you can do so by email, phone or other method at Amway’s Help Center.