The world’s economy is like a seesaw about to tip, especially with prices climbing like never-ending stairs. Watching how money matters are shaky and the stock market dances on thin ice, it makes good sense to hunt down smarter ways to grow your cash and keep it safe.
Gold and metal investment has always been a viable method when it comes to investing long-term. This company provides a new subscription-based twist on how you can invest your money into metal assets.
That being said, this is a fairly uncommon method. This has led to many potential clients being concerned about the company’s validity. To get to the bottom of this, I decided to put out this review to see how the company operates.
I will go over all the company’s services and products and how it works. Being a bit different from other metal investment companies, this article will also differ from what you are used to seeing. Make sure you read it till the end to understand the company well.
Table of Contents
- 1 A Brief Overlook Of Acre Gold
- 2 The Services Provided By Acre Gold
- 3 Lack Of General Services
- 4 Acre Gold’s Products
- 5 Pros And Cons Of Acre Gold
- 6 Acre Gold’s Ratings
- 7 Is Acre Gold A Reliable Company For Precious Metal Investments?
- 8 Fees In Acre Gold
- 9 Current Promotions By Acre Gold
- 10 How To Get Started With Acre Gold
- 11 Frequently Asked Questions
- 12 Conclusion
A Brief Overlook Of Acre Gold
A relatively small team founded the company itself. This team consisted mostly of fintech veterans and gold bugs. They were committed to making gold more approachable and affordable to their customers and general audiences.
For now, you should know that the founder of the company is still unknown, and the people behind the firm are also in the dark.
The company is based in Santa Monica, CA, and Boise, ID. Aside from this, not much is known about the company besides its uniquely distinct business model.
This has had a lot of people concerned about the company’s legitimacy. Is the company legit? Should you trust it? All of this will be answered in the rest of the article.
Acre Gold’s Mission
The people at this company have always wanted to improve how people can get into purchasing gold. While many companies offer you the facility of immediately becoming the owner of gold, Acre Gold decided to take another approach.
The company claims to be the first gold subscription service provider that allows consumers to get their hands on quality gold. With this method, they want to spread the ease of getting into gold.
Furthermore, they promise a variety of facilities that are standard to most metal investment firms. These include services like customer support and account tracking, all done to make your life easier.
Contact Information
If all of this piqued your interest, you might want to contact the company. I have gone ahead and provided you with all the necessary information you need to do so.
You can reach out to the company via:
Phone: 303-273-9400
Email: info@getacregold.com
Address: 491 Brandy Oak Cv, Collierville, Tennessee, 38017, United States
The Services Provided By Acre Gold
When it comes to gold investment, this company probably has a unique service in the market. This is the subscription-based model that they use to have you purchase gold. You will have to pay a monthly fee.
This fee is available in 3 to 4 different amounts depending on how much gold you are purchasing. These come in the following costs:
- $30 (only available in physical gold)
- $50
- $100
- $250
These prices are for both digital and physical gold. One thing to note is that storage fees and shipping fees also count on digital purchases, which is kind of a letdown. Speaking of digital gold, not many companies offer this, either. Luckily Acre Gold has your back.
Lack Of General Services
A lot of companies have a lot to bring to the table. Usually, the biggest thing to convince customers to join you is the number of services you provide. In contrast to Acre Gold, this is not a good look as there is not much they have to offer to a regular client.
Basic facilities such as purchasing gold on the spot and a buy-back program are just not there. Additionally, the website does not elaborate much on its storage facilities. While they have mentioned a secure vault, it may not be a good choice for storing your metals.
Acre Gold’s Products
A company’s credibility can often be seen by the number of products they sell. Many companies I have seen usually have all sorts of metals and their products.
When it comes to Acre Gold, they only sell gold-related products. This is assuming you do not count their merchandise which is also sold on their website. Since this article is about gold investment, I will not list their overpriced shirts and caps.
Instead, in this section, I will focus on the types of products they provide for gold.
Physical Gold Products
- Acre Gold 1 Gram
- Acre Gold 2.5 Gram
- Acre Gold 5 Gram
- Acre Gold 10 Gram
There are only 4 physical products offered by the company, which is very low when you think about it. Most companies have a lot of different products you can invest in, but this does not seem to be the case for this company.
Digital Gold Products
- Acre Digital Gold 2.5 Gram
- Acre Digital Gold 5 Gram
- Acre Digital Gold 10 Gram
When it comes to digital products, the selection is even lower than the physical products. If you want to dabble in different metals to diversify your assets, this firm may not be a good company to do so.
Moreover, you want to experience a new hand at digital investment, this product line should interest you.
Pros And Cons Of Acre Gold
You want to invest with a metal broker offering more positives than negatives.
When it comes to this company, you will find that the benefits are low in number and are quite a niche at best in contrast to their high number of drawbacks, which leads to a bad image and general reputation.
I have listed out the various pros and cons of this company. You can decide whether they are a good fit for you or not.
Pros:
- Tamper evident packaging
- Low barrier or entry
- Flexible subscription model
- You can cancel your subscription at any time
- Referral program
- Offers an easy way to purchase gold at any time
- Quality packaging
Cons:
- No Buy Back Program
- No immediate purchases
- Lackluster customer support
- Prices on gold bars are not transparent
- A lot of fees to consider
- Lack of general information on their website
- Lack of services and facilities when compared to their competitors
- Only deals in gold, no silver or other metals
- No free shipping.
Acre Gold’s Ratings
Acre Gold’s credibility has mostly been a question to the public. Since BBB has not ranked the company, people are very skeptical about investing their hard-earned money.
Luckily, I will mention all the achievements and credibility this investment company has acquired over the years. I have gone ahead and listed them all below:
- 64,000 + Likes on Facebook & more than 66,000 followers.
- The company has an exact 4 out of 5 stars given by GO Banking Rates.
- While it may not be accredited, it has been given a B- by the BBB.
- It has a very positive score of 4.9 out of 5 stars on Google Reviews.
- Generally, favorable ratings are given by online blogs.
Overall, the company has had a very favorable reception. Even the clients it has had love the company’s services and give it high reviews. Generally speaking, it is easy to conclude that Acre Gold is a pretty good company, and you should not back it off so early on.
Is Acre Gold A Reliable Company For Precious Metal Investments?
One thing you should understand off the bat is that this is a subscription service. For those who do not understand, in a subscription, you will need to pay an amount of money every month.
Paying up to $250 a month can quickly stack up. That’s $3,000 a year. This must be done for as long as you want to be a company’s client.
If you are going to trust a company with that much money, you need to make sure it is legitimate. You may wonder why they are asking for a gold price slightly above the marketplace.
Luckily for you, I have gone ahead and done my research. I can safely say that Acre Gold is a completely legitimate company.
While they may not be BBB accredited, they have a mostly positive array of customer ratings. This is to ensure the quality of their work. Additionally, it is much better than scamming you for all your money on one heavy investment.
If you are still skeptical about this firm, you should know that the subscription service is handled through ReCharge. This company is well known for providing all sorts of subscription services.
You should no longer have any doubts about the company’s validity or payments now that you know ReCharge is involved.
Fees In Acre Gold
Due to the operation services provided by this company, there is no one fee that you can potentially give. Some fees are guaranteed, and every customer will have to give them, but customers can go ahead and choose an entirely different service.
All users start with a one-time investment fee of $12. Then users can choose between wanting to invest in physical gold or digital gold.
For physical gold, prices start at $30, but for digital gold, prices begin at $50. The $30 subscription is the only addition given to physical gold. Besides this, the rest of them have the same options in terms of price, which reach up to $250.
Another fee that you should be aware of is their cancellation fee. If you decide to cancel your service and not be charged monthly, you will have to pay $20 in fees. To subscribe back, you will have to pay your first-time fee again!
All of this is also accompanied by a processing fee of $3.35. There are no annual fees, but since you are paying monthly, you will pay more than you would otherwise.
Finally, I also have to talk about the shipping fee. The company’s website has not discussed a shipping fee nor elaborated on whether shipping is free.
You can easily infer that the shipping cost will vary depending on where you are ordering. This also comes with a fulfillment fee that you will have to provide as well.
Current Promotions By Acre Gold
Currently, no special offers are being offered by Acre Gold. If you look closely, their overall offering is quite low. If you visit their site, you can see that the prices are discounted.
I understand this is just a marketing strategy, and the discounted prices are the actual prices the company set out to sell at. If this is the case, the company is engaging in malicious and predatory tactics, which I cannot condone.
Many people may not mind this and will continue working with the company. There are no special offers to veterans either.
How To Get Started With Acre Gold
With a subscription service, opening an account does not mean as much as it would with another investment company. You will need to create an account on the company’s website to start. Then, you can get started with the actual process of investment.
This is also where you will incur the first investment fee. First-time clients will have to pay a one-time investment fee of $12. This will remain the same across all the subscription tiers.
Additionally, if you cancel your subscription, you will be forced to pay this amount again to return to investing.
Once you have paid the first-time fee, you will get an email linking you to the Acre Gold portal.
Here, you will have to use your account to keep track of all of your progress and all the investments you make. This portal will also give you important information. It is recommended that you understand how the portal works before you continue.
Now, you must consider which subscription tier you want to join. As mentioned above, you have subscriptions costing as low as $30 and as high as $250. You should choose which one you want to invest in based on your income and how much money you have.
Once you decide and pay for the tier, you will send the money through ReCharge. This will result in you getting your invoice from Acre Gold.
Henceforth, you will also get progress reports and account summaries to your portal. Once you earn one physical bar, you can deliver it.
Frequently Asked Questions
Q1: Can You Sell Your Gold Back To Acre Gold?
You cannot sell your gold back to this company. They may deal with investment opportunities, they do not offer a sturdy buyback program or facilities to help you sell your gold. You will have to resort to other means to sell your precious metals.
Q2: How Easy Is It To Cancel Your Subscription With Acre Gold?
Acre Gold has set up a very easy-to-understand process for canceling your subscription process.
All you need to do is follow their website/account portal and pay the cancellation fees. The process should be very simple, but some users have faced issues when trying to do so.
Q3: Does Acre Gold Delete Comments And Bad Reviews?
Acre Gold has a lot of good reviews on its website. Many think this is likely due to the company deleting bad reviews and comments.
There have been reports of people having their accounts blocked and comments deleted. These people are usually the ones who criticize their business model and lack of benefits.
Q4: Does Acre Gold Sell Bullets?
Currently, this company does not offer any bullets in its lineup of products. In the past, the company claims that they have made and sold only 1,000 bullets.
Each of them was 9 mm and not actual bullets, so you could not fire them. They were all 33 grams each and made up of 99.99% pure 24K gold.
Q5: How Long Will It Take For Your To Receive Your Gold?
This company does not offer any selected period to get your gold. There is no definitive answer for this as each person’s reception time will vary due to their subscription service. According to market valuation, getting your gold in physical can take 4 to 5 months.
Conclusion
After extensive research on this company, the result that I have reached on this Acre Gold review is that you should only invest in this company if this is your last resort.
The rates the company has assigned to its digital and physical gold are too high to recommend. Furthermore, you should invest in a company that offers many more features and facilities.
As of writing this article, this company does not have much going for it. This and its absurd pricing make it very difficult for me to endorse it. As a result, you are better off investing with another company.
PORS:
- Given an A+ rating by the BBB
- Reliable and trustworthy representatives
- Bonuses for new clients
- Setting up an account is efficient
- Account support and access via multiple devices
CONS:
- The minimum IRA investment is $25,000