Gold is one precious metal that is often less of an investment risk in today’s marketplace. Gold has long been considered a stable long-term investment. As an asset, physical gold can be an excellent means of investing and is often considered an insurance investment.
Acre Gold offers an affordable way to buy gold via a monthly subscription. The company has a layaway program of sorts, unlike other companies that deal with investments in precious metals. So, is an account with Acre Gold worth it? Read our Acre Gold review to find out.
Acre Gold Review: Overview
Acre Gold helps investors invest in gold for an affordable price via a monthly subscription. The company will put a 2.5 gram or 5 gram bar of gold on layaway for you until your monthly subscription cost meets the market value of the bar of gold.
This is how Acre Gold offers an easy way for investors to start investing in gold. So, what is the company all about, and how does Acre Gold work? Read on to find out how to buy gold easily with Acre Gold.
Acre Gold Review: What Is Acre Gold?
Acre Gold is a firm that aims to make an investment in precious metals, specifically that of gold, more affordable and stress-free for its customers.
The company is the work of a group of fintech veterans who recognize the value and benefits of gold. They have joined forces to make gold investments both affordable and approachable to the general public.
Acre Gold’s subscription option allows you to buy gold without having to pay upfront the full price for gold bars.
Acre Gold Review: How Does Acre Gold Work?
As mentioned, Acre Gold works as a sort of layaway program. Your subscription will help pay for the price of gold bars over time. Once your subscription payments have reached the price of one 2.5 gram or 5 gram bar of gold, the company will discreetly ship the physical gold direct to you. However, you will need to take care of the shipping and fulfillment fees yourself.
Basically, you are contributing money each month to pay for physical gold. How much you pay monthly depends on your subscription. You continuously receive gold deliveries each time your monthly payments meet the price of the gold.
Subscriptions start at as low as $30 a month, giving all types of investors an affordable way to buy gold.
Subscriptions at the $30 and $50 monthly levels are redeemed for 2.5 gram bars of gold. However, subscriptions at the $100 monthly level are redeemed for 5 gram bars of gold.
Acre Gold Review: What Does Acre Gold Include?
Acre Gold is simply a subscription that allows you to buy gold bars easily and at an affordable price. With your subscription, you will get access to customer service, a customer portal, and progress emails that give you updates on the balance of your account. This way you are kept in the know about when your account has a sufficient balance to purchase a bar of gold.
There are three tiers of membership, each of which comes with a one-time upfront membership fee of just $12. Then the subscriptions cost $30, $50, and $100 per month.
Acre Gold Review: Acre Gold Subscriptions
With an Acre Gold subscription, you can purchase gold for $30, $50, or $100 per month. Once your account reaches the price threshold, you will be shipped a bar of gold after paying the shipping and fulfillment fees. The only difference between the levels is that the $30 and $50 subscription pays for 2.5 gram gold bars, and the $100 subscription pays for 5 gram gold bars.
The subscription is charged through a company called ReCharge which is a reputable service which powers online subscriptions of all types.
Acre Gold Review: One -time Upfront Membership Fee
There is a one-time membership fee of $12 for each subscription tier. The one-time upfront membership fee is good for the longevity of your Acre Gold account. You will not have to worry about paying it again as long as you keep your subscription.
Acre Gold Review: Acre Gold Email Progress Reports
Acre Gold sends its customers a monthly progress report after each payment. The first email you receive should include a link to the Customer Portal. From there, you will be able to view and edit your account details and see the progress of your account.
Acre Gold Review: Customer Portal
The customer portal allows you to view your monthly payments, track gold shipments, and even cancel your subscription. The portal is where you can make sense of your investment in gold.
Acre Gold Review: What Does Each Physical Gold Bar Consist of?
Here are the highlights of each bar:
Each gold bar has an authenticity card that comes in tamper-evident packaging. This ensures proper protection and security for your physical gold.
Each 2.5 gram or 5 gram bar consists of:
- A bar of .9999 fine Gold.
- Quality sealed protective packaging with the weight and authentication of the bar listed by the assayer.
- On the Obverse side: A single stamped Acre logo along with the weight and purity.
- On the Reverse side: The Acre logo is displayed in a stamped pattern.
- Each bar comes in premium packaging that includes a display drawer.
It should be noted that each gold bar is sold at a premium which is usually above the spot price.
Acre Gold Review: Acre Gold Refund Policy
The refund policy states that there is no refund for physical gold that is already sent. However, if you have a problem with your order, you can contact the company via their customer service email address firstname.lastname@example.org. However, if there is a delay in shipping, you may be able to cancel by paying an extra fee.
If you do not have physical gold on the way, you can easily cancel your subscription by contacting the above email address as well.
Acre Gold Review: How Much Is Acre Gold Worth?
Some people may wonder what they are actually paying for when they invest with the company. Are you really buying gold at a better price, or are you paying for the authority of a mint and assayer?
Well, that is a bit difficult to determine. Many people today invest in gold via gold coins, bullion, and even jewelry. However, this subscription program provides an option to purchase gold by paying a minimal amount per month. While you may not be getting gold at bargain prices, you will be able to purchase gold by contributing money towards your purchase in smaller increments.
You should understand that Acre Gold offers just one way to invest in gold. There are many other ways to invest money in this precious metal, both online and offline. With that said, there are a lot of scams out there. Acre Gold provides a solid way of investing in and purchasing gold that can be safer than other deals out there.
Acre Gold Review: Is Acre Gold Legit?
There are plenty of scams when it comes to investing in gold or other precious metals. However, it appears that Acre Gold is indeed not a scam, but a reputable company that offers its customers an affordable way to purchase gold.
While people who invest with Acre Gold may pay a premium that is above the spot gold price, this is no different from other firms or companies that deal in precious metals such as gold and silver. It is unlikely to find a precious metal broker that pays exactly the spot price and does not attempt to make at least a little bit of a profit.
The market for gold is rife with companies trying to sell gold at bargain prices. Acre Gold does not attempt to do this but instead offers an alternative, yet affordable way for people to purchase gold.
Acre Gold Review: Pros and Cons
There are both pros and cons that come along with a subscription. Let’s take a look at what they are.
Acre Gold Pros
- An easy and affordable way to purchase gold
- Each bar is made of fine gold
- Weight and purity info is included with each gold bar
- Payment plan model where you pay for gold investment at a set amount per month
- 3 Different pricing options
- Responsive customer service via their email address and social media
- A referral program is available
- Easy to cancel your subscription
- Quality, protective packaging
- Monthly email report
Acre Gold Cons
- Gold may be priced at a premium above the spot price (however, this is common for most gold prices)
- Some negative customer ratings and reviews
- The website is not the most informative
- Customers must pay for shipping
- No gold IRA services offered
Acre Gold Review: Is Acre Gold Right for Me?
If you don’t want to break the bank, but do want to start investing in gold, then Acre Gold may be a good option for you. With a subscription, you can acquire gold in bars, not in coins, jewelry, or other gold bullion.
With Acre Gold, you can get gold shipped directly to your doorstep after your account balance reaches the price of one gold bar.
It should be noted that once you successfully purchase a bar of gold, you will be liable for any desired insurance, as this is not provided by the company.
Acre Gold Reviews by Investors
Since there are only a few ratings and reviews, it is a bit difficult to fully rate Acre Gold. While there are some complaints, Acre Gold seems to respond to each complaint via comments on their social media or online reviews that have been left by customers.
While the company lacks reviews, it is rated a B- on the Better Business Bureau website. On the BBB website, Acre Gold has responded to each complaint thoroughly.
Despite some negative reviews, there are also some positive reviews about the platform.
One review from Joshua D. on the BBB website states,
“Acre Gold is a great way to get your gold collection started. I signed up because I wanted to start a gold collection for my kids. I really like paying only $30 a month. This is very affordable for me. I only get a bar once every 7 months or so, but this is correct for what the prices are.”
Another one of the BBB reviews from Tim S. reads,
“Started our $50 subscription beginning 10/2020. Have accumulated enough in account to receive our first 2.5 gram bar. It. Is. Beautiful. VERY PLEASED and looking forward to our continued business with Acre Gold of Santa Monica, CA. Blessings!”
The reviews left show that there are indeed happy customers and that this gold subscription option is not a scam.
Final Review: Is Acre Gold Worth It?
So, is the gold subscription service worth it? Well, they do offer an interesting option when it comes to purchasing gold.
Your dollar stretches quite a bit with Acre Gold. The company allows you to obtain gold easily and in an affordable means. Additionally, the protection they provide when it comes to shipping makes it a reasonable option for purchasing gold.
If you are looking for an alternative way to buy gold, Acre Gold may be worth looking into.
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