Our Acre Gold review will give you the complete rundown of everything you need to know about this subscription-based gold buying service.
There’s no denying that precious metals (especially gold) have been long considered a stable long-term investment.
Physical gold can be an excellent means of investing and is often used as an insurance investment and a way to hedge against inflation.
Fortunately for investors, Acre Gold offers an affordable way to buy gold via a monthly subscription.
But is an account with Acre Gold really worth it?
Read our Acre Gold review to find out.
Acre Gold Review: What Is Acre Gold?
Acre Gold helps investors invest in gold for an affordable price via a monthly subscription.
The company kickstarts your gold investment by putting a 2.5 gram or 5-gram gold 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 through incremental installments.
Acre Gold is a firm that aims to make investing in precious metals, specifically gold, more affordable and stress-free.
The company has a layaway program of sorts, unlike other companies that deal with investments in precious metals.
Overseen by a Team of Fintech Veterans
Acre Gold provides its unique service through its partnership with a group of fintech veterans who truly understand the benefits of gold as an investment strategy.
With the platform, gold investments are affordable and approachable to the general public.
Acre Gold’s subscription option allows you to buy gold without having to pay upfront for the full price of gold bars.
Acre Gold Review: How Does Acre Gold Work?
As mentioned, Acre Gold works as a sort of layaway program for buying gold bullion.
Your monthly subscription payments will pay for the price of gold bars over time.
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.
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 directly to you.
However, you will need to take care of the shipping and fulfillment fees yourself to have this precious metal.
In the simplest terms, you contribute money each month to pay for physical gold; and how much you pay monthly depends on your subscription.
Is Acre Gold Legit?
Yes, Acre Gold is legit.
The company provides a subscription-based service for purchasing gold.
However, it is not rated by the Better Business Bureau, but there are some complaints about the service there.
There are plenty of scams when it comes to investing in gold or other precious metals.
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.
Acre Gold Subscriptions
The subscription is charged through a company called ReCharge, a reputable service that powers online subscriptions of all types.
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 receive 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.
How Much Does Acre Gold Cost?
Subscriptions start at as low as $30 a month, giving all types of investors an affordable way to buy gold bullion.
Subscriptions at the $30 and $50 monthly levels are redeemed for 2.5-gram bars of gold.
However, an Acre Gold subscription at the $100 monthly level is redeemed for 5-gram bars of gold.
For each subscription, you will pay the allotted amount until your payments reach the market value of your gold.
Acre Gold 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 Email Progress Reports
Acre Gold sends its customers a monthly progress report after each payment, and 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 Customer Portal
The customer portal allows you to view your monthly payments, track gold shipments, and even cancel your subscription.
The portal is easy to use and makes tracking your progress a breeze.
Acre Gold: 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, and this ensures proper protection and security for your physical gold.
Every 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.
If there is a delay in shipping, you may be able to cancel by paying an extra fee.
Cancellation will result in a $20 fee.
Also, 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?
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 can purchase gold by contributing money towards your purchase in smaller increments.
Acre Gold offers just one way to invest in gold, as there are many other investment options for precious metals — both online and offline.
With that said, there are a lot of scams out there, so it might be easier to consider the extra cost of using this service as paying for assurance.
Acre Gold provides a secure way of investing in and purchasing gold that can be safer than other deals out there.
Is Acre Gold’s Pricing Fair?
It is unlikely you will find a precious metal broker that pays the spot price and does not attempt to make at least a little bit of a profit.
The gold market is rife with companies trying to sell gold at bargain prices, but you can’t always be sure what quality you’re getting with these options.
Acre Gold offers an alternative that might cost more than some of its competitors, but it does appear to be more reliable.
Acre Gold Pros and Cons
We found a lot to like in our Acre Gold review, but there are areas where the service could stand to improve on.
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
- One-time membership fee
- 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, most services sell gold above market price)
- Some negative customer ratings and reviews
- The website is not the most informative
- Customers must pay for shipping
- A cancellation fee of $20 to close an account
- 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 alternatives.
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.
However, Acre Gold does respond to its reviews (and complaints) via comments on their social media, BBB page, and online reviews that have been left by customers.
While the company lacks reviews in the traditional sense, there are reviews on the Better Business Bureau website.
Acre Gold has responded to each complaint thoroughly; also, despite the negative reviews, there are 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. 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 the account to receive our first 2.5-gram gold 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, it does offer an interesting option when it comes to purchasing gold.
Your dollar stretches quite a bit with Acre Gold, and 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.
So if you’re looking for an alternative way to buy gold, Acre Gold may be worth looking into.
Acre Gold Review FAQ
Keep reading for answers to the most commonly asked questions about using Acre Gold.
What Is the Premium on Acre Gold?
While we couldn’t find an exact price for the premium, users report that it is typically higher than the premium for buying bullion outright.
How Long Does It Take to Get a Gold Bar from Acre?
Because gold prices fluctuate, there’s no clear-cut answer on when you will receive your gold from Acre; this is entirely dependent on how much gold costs from month to month.
Usually, it takes about 5 months for the $50 subscription.
Is Gold Worth Investing In?
If you want a potential hedge against inflation or market volatility, investing in gold could be a great place to start.
Out of all the precious metals available, gold typically is less subject to market forces and steadily increases in value over time.
Is Acre Gold Worth a Subscription?
Acre Gold could be worth it if you can’t buy gold bullion outright and want a reputable company to ensure you receive a high-quality product.
Where Does Acre Gold Get Their Gold From?
Acre Gold designs its bullion in California and has them minted in Switzerland. Each bar delivered is provided with a card that certifies its authenticity.