Cash Flow Guild Perk and Passive Income
One of the benefits of having a guild of at least guild level 10 is the free gold from the Cash Flow guild perk. Anytime a member of your guild loots a mob or chest, or receives a split of coins in a dungeon group or party, an extra 10% goes directly into the guild bank. Since the change in Patch 4.1, there is no longer a text display of this extra coin that is earned by the guild. They removed the text log output that showed "An extra Xg Xs Xc was deposited into the guild bank." This is extra gold, not a tax on the looted gold. Guild members that loot still get the same amount of gold as if they weren't in a gold. It is just a bonus 10% for the guild bank.
Some guild leaders use this money to pay for guild crafting materials or guild member or officer repairs. I have previously written about my passive guild income project for the guild. I use a random invite all guild macro to do nothing but provide a place for leveling characters and alts to benefit from guild perks. As a side bonus, the free bonus gold from the Cash Flow perk has been earning me a passive income.
My guild of all random invitees has recently hit guild level 10 and is pushing for guild level 11 soon. The gold from the Cash Flow perk has earned me around 3k of free gold between leveling from level 5 to level 10. The 3000 free gold is a nice bonus so far. I am looking forward to more easy passive gold.
The 7th Guild Bank Slot
The first 6 guild tabs are completely blocked off from being viewed by anyone but my main character and alternate characters. I purchased the 7th guild bank tab for the guild and opened it up for guild member use. Any character is allowed to deposit items into the 7th guild bank tab and is allowed to withdrawal up to 2 items per day. This guild bank slot was opened up for the guild members to be able to deposit items that other guild members could use. It is sort of like the free penny containers near cash registers in real life. "Need a penny take one, have a penny leave one."
The biggest problem with utilizing the bank tab this way is it tends to fill up quickly as players deposit much more than they actually withdrawal. So periodically, I have to go through the 7th guild bank slot and remove any junk items that have been deposited in there. I often clear out full bags of garbage that goes straight to the vendor. Players will deposit anything into this tab, not knowing what is and isn't worth passing on.
The flipside of this strategy allows me to look into the 7th guild bank slot and basically skim anything that is of actual value to be used in crafting or in auction house profiteering. I have found full stacks of Illusion Dust and Greater Eternal Essences in this tab. I have also found Rare Patterns and other valuables. I very rarely skim out of this guild bank tab, unless I have to go and clean out the garbage items. The occasional good find makes it worth the extra effort of maintaining the garbage to either vendor or send to my Enchanter for disenchanting.
So if you are finding your playtime cut short this summer or the dang school kids have raided your markets and you are looking for a new income source, give the passive income gold making guild option a try. You may be pleasantly surprised by how much passive gold you can make. And the nice items you can skim out of the public guild bank tabs are a great perk too.
Anyone else got a guild bank set up for a passive income stream?