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Is Acre Gold a Rip-off? Gold Subscription Value It? (2023 Overview)

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Is Acre Gold a Rip-off? Gold Subscription Value It? (2023 Overview)

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Is Acre Gold a scam

You is likely to be on the lookout for solutions to the query, “Is Acre Gold a Rip-off?”. Nicely, on this article, you’ll know the reality to this.

Treasured metals have been a invaluable funding for hundreds of years. Significantly, gold has been used as forex and as a technique to retailer wealth. Additionally they function a hedge in opposition to inflation and financial uncertainties. 

The business of valuable metals investing has grown greater than ever. Many firms are providing valuable steel providers, comparable to shopping for, promoting, and storing valuable metals. A few of them may even have improvements as a technique to acquire extra prospects.

If you’re an avid valuable metals investor, you might need heard of this new firm named Acre Gold. They’ve been advertising their progressive and visionary manner of creating gold investments extra handy and reasonably priced. Nevertheless, are they actually legit?

You must do your due diligence first earlier than investing your hard-earned cash. That’s the reason, as you be part of me on this evaluation you’ll be taught extra about Acre Gold and if they’re the corporate for you.

Acre Gold Overview Fast Abstract

Identify:  Acre Gold

Web site: getacregold.com

Founders: Brendon McQueen & Jason Choi

Worth: Depends upon your funding

Score: 3.5/5

Is Acre Gold A Scam?

What’s Acre Gold?

Is Acre Gold A scam

Acre Gold is a brand new valuable metals firm who gives purchasers alternative to personal valuable metals bought with reasonably priced costs via subscription plans. You may consider them as a piggy financial institution with incomes gold as the top purpose.

The corporate was based by a bunch of monetary expertise specialist and gold bugs. They imagine that gold as an funding is necessary and has nice advantages, main them to create a extra reasonably priced ang participating gold funding platform.

Acre Gold began in 2020 and is headquartered in Santa Monica, California. They’re a registered funding advisor with the SEC and their gold is 99.9% pure and minted in Switzerland.

They’ve fairly established their status within the business. The distinctive manner of gold possession has resonated with many traders and this can be a main cause for his or her success.

How Does Acre Gold Subscription Work?

Acre Gold Subscription

Acre Gold Subscriptions assist you to buy fractional shares of gold bars, beginning at simply $50 per thirty days. This makes gold investing extra accessible to a wider vary of traders, who could not have the monetary assets to buy a whole gold bar. 

The distinction is, conventional valuable steel investments usually require you to buy a considerable amount of gold upfront. This is usually a barrier to entry for a lot of traders, particularly those that are simply beginning out.

Within the case of Acre Gold, mainly, when you’ve made sufficient funds in your account and it reaches the worth of a full gold bar, Acre Gold will ship it to you without cost. If you are going to buy gold via Acre Gold’s on-line platform, your gold is saved in safe vaults in Switzerland.

How To Get Began With Acre Gold?

To get began with Acre Gold, you possibly can create an account on their web site and supply your private data. There’s a one-time membership charge of $12. You may select from three month-to-month subscription plans:

  • $50 per thirty days for a bar of gold weighing 2.5 grams.
  • $100 per thirty days for a bar of gold weighing 5 grams.
  • $250 per thirty days for a bar of gold weighing 10 grams.

You’ll then be capable of observe your funding in actual time. The worth of gold fluctuates, so the variety of months it takes to earn a gold bar will range. After you have accrued sufficient, Acre Gold will ship it to you for a delivery and success charge.

You may cancel your subscription anytime for a charge of $20. Nevertheless, there have been reviews of shoppers having problem closing their accounts. There may be additionally no data on whether or not you’re going to get a refund when you cancel earlier than you’ve earned a gold bar.

General, Acre Gold is a technique to put money into gold on a month-to-month foundation. Nevertheless, there are some potential drawbacks, such because the excessive charges and the problem of closing your account.

Acre Gold Referral Program

Acre Gold has a referral program that lets you earn rewards for referring individuals to their gold subscription service. When somebody indicators up for Acre Gold utilizing your referral hyperlink, you’ll earn $10 for every month that they continue to be a subscriber.

To take part within the referral program, you’ll need to create a referral hyperlink on the Acre Gold web site. You may then share your referral hyperlink on social media, via e-mail, or in individual. It triggers when somebody clicks in your referral hyperlink and indicators up for Acre Gold. If you do not know what a referral program is then it is best to attempt studying my information.

The referral program is a good way to earn free gold and to assist your family and friends get began with Acre Gold. If you’re already a subscriber to Acre Gold, I encourage you to share your referral hyperlink together with your family and friends.

What Is Acre Gold Premium?

Acre Gold Premium is a charge that Acre Gold prices on prime of the spot value of gold while you buy from them. In less complicated phrases, Acre Gold Premium is a manner for Acre Gold to make a revenue on their gold gross sales. 

The premium quantity is variable, however it’s at all times along with the spot value of gold. Which means you’ll at all times pay extra for gold from Acre Gold than you’d when you purchased it from a unique supply. The premium is charged to cowl the prices of storing, insuring, and delivery gold. 

Usually, premium ranges from 1-5%. That is the place prospects have complained that with Acre Gold’s subscription providers, you might be paying extra premium than you’d truly pay for an entire gold bar, making you final prices in subscriptions dearer than shopping for upfront.

Acre Gold Subscription Providers

If you happen to go to Acre Gold’s web site, you will notice that they provide 4 completely different subscription plans, every with a unique quantity of gold and value. These plans are as follows:

  • 1 gram per thirty days: This plan prices $30 per thirty days and contains 1 gram of gold.
  • 2.5 grams per thirty days: This plan prices $50 per thirty days and contains 2.5 grams of gold.
  • 5 grams per thirty days: This plan prices $100 per thirty days and contains 5 grams of gold.
  • 10 grams per thirty days: This plan prices $250 per thirty days and contains 10 grams of gold.

Please notice that these costs are topic to vary, as Acre Gold typically put up reductions on their subscriptions. You may at all times verify the Acre Gold web site for essentially the most up-to-date costs.

Can You Purchase Gold Outright?

Acre Gold understands that not everybody needs to subscribe to a gold service, so they provide the choice to purchase gold outright with no subscription. They’ve quite a lot of gold weights obtainable for outright purchases, all with free home delivery. 

As of August 10, 2023, listed here are the costs:

  • Acre Gold (1G) – $125.89
  • Acre Gold (2.5G) – $256.50
  • Acre Gold (5G)  – $460.87
  • Acre Gold (10G) – $867.62

How To Cancel Acre Gold Subscription?

To cancel your Acre Gold subscription, you possibly can both do it via their web site or by contacting their customer support.

Acre Gold doesn’t supply refunds for bodily merchandise which have already been shipped or acquired by the shopper. Additionally they don’t refund for charges like storage. Make sure to cancel your subscription earlier than your subsequent billing cycle to keep away from being charged for one more month.

Take notice, you can be charged with a cancellation charge. Additionally, you’ll not be refunded for any unused months of your subscription. Additionally, you will lose any accrued gold that you haven’t but acquired.

Acre Gold Refund Coverage

Acre Gold doesn’t supply refunds for bodily merchandise as soon as they’ve been shipped. It is because Acre Gold doesn’t have management over the delivery course of as soon as the product has been shipped. When you’ve got any points together with your cargo, it is best to contact the delivery provider immediately.

Acre Gold does supply refunds for digital merchandise, comparable to its gold subscription plans. If you’re not happy together with your gold subscription plan, you possibly can cancel it and obtain a full refund. Nevertheless, you’ll not be refunded for any unused months of your subscription.

To cancel your gold subscription plan and obtain a refund, you possibly can both do it via their web site or by contacting their customer support, as acknowledged above.

How Does Acre Gold Ship Gold?

Acre Gold ships gold by way of third-party logistics firms that focuses on delivery valuable metals. The gold is shipped in a tamper-evident bundle that’s insured for its full worth. Acre Gold additionally features a monitoring quantity with the intention to observe the cargo of your gold.

Acre Gold ships gold to all 50 states in the US. Additionally they ship gold to Canada, Australia, and the UK. There’s a flat delivery charge of $19.99 for all home shipments. Worldwide shipments have a variable delivery charge based mostly on the vacation spot nation.

Does Acre Gold Have Storage?

No, Acre Gold doesn’t at the moment supply a storage service for his or her prospects. Acre Gold is a gold subscription firm that enables prospects to purchase gold in small increments over time. They don’t supply every other bodily gold services or products.

Acre Gold Scores and Opinions (Up to date August 2023)

Acre Gold is a brand new firm within the valuable metals business, and there will not be many critiques or rankings of them on-line. The one ranking that’s obtainable on-line is their BBB ranking, which they’d an A+ grading however solely 2.47 out of 5 stars from 30 buyer critiques.

Acre Gold BBB Score

Acre Gold BBB Rating

Moreover, Acre Gold has had 51 complaints filed in opposition to them within the final 3 years. It appears that evidently Acre Gold is a official firm, however the detrimental critiques and the shortage of optimistic rankings is actually regarding. Probably the most official valuable metals firms have stable BBB and Trustpilot profiles with a lot of optimistic rankings and critiques. 

Nevertheless, Acre Gold doesn’t have a Trustpilot profile and so they don’t have any rankings on different trusted web sites like Trustlink, Yelp, BCA, and so forth. This can be a pink flag and potential traders must be cautious earlier than investing with the corporate.

Acre Gold Buyer Complaints

Acre Gold has only a few critiques however for these quantity, they do have a variety of complaints from prospects. A few of them are too severe to not be involved about.

You may see under some details about the complaints and detrimental critiques:

Complaint 1
Complaint 2
Complaint 3
Complaint 4

As you possibly can see, the latest complaints are about prospects not receiving their gold bars or cash after inserting an order. Others have stated that the gold they acquired was not the burden or purity that they ordered. Nonetheless others have complained that the corporate has been unresponsive to their complaints.

You will need to notice that Acre Gold has been fast to reply to the considerations raised on its Higher Enterprise Bureau (BBB) profile. Nearly all the complaints have been addressed or resolved. The corporate has additionally acknowledged that it’s dedicated to offering its prospects with a high-quality product and repair

Acre Gold Reddit Opinions

The corporate has a lot of discussions on Reddit. Many Redditors have expressed displeasure with Acre Gold’s month-to-month subscriptions. claiming that they’re dearer than shopping for gold upfront and that it’s a silly manner of dropping cash.

Reddit 1
Reddit 2
Reddit 3

Acre Gold has defended their month-to-month subscriptions, claiming that they provide a handy and reasonably priced technique to put money into gold. Nevertheless, many Redditors stay unconvinced. Nevertheless, it is actually as much as you whether or not you wish to put money into Acre Gold. Simply do your analysis and critically give it some thought earlier than you do.

Is Acre Gold a Rip-off? (Professionals and Cons)

  • Presents reasonably priced subscription based mostly methodology of buying gold.
  • Good buyer assist
  • Supplies a referral program
  • Shoppers can cancel their subscription
  • Plenty of detrimental critiques and rankings; as well as, there will not be a variety of critiques about them on-line.

Acre Gold Towards Main Opponents

If you’re not happy with Acre Gold, there are different main valuable steel firms available in the market that you would be able to take into account. Here’s a comparability of Acre Gold with Goldco, Augusta Treasured Metals, and Cash Metals Alternate.

AcreGold Logo

Merchandise
Gold month-to-month subscriptions ranging to $250

Providers
Promoting and delivery

Transport

Free delivery as you accumulate sufficient gold based mostly in your subscription methodology.

Goldco-Logo

Merchandise

Gold, platinum, silver, and copper

Providers

Shopping for, promoting, storage

Transport
Free delivery for orders over $25k. Transport charge relies on orders beneath $25k.

Augusta Logo

Merchandise
Gold, platinum, silver, uncommon cash, and palladium

Providers
Shopping for, promoting, storage

Transport
Free delivery for orders over $2500. $45 delivery for orders beneath $2500.

Money-Metals Logo

Merchandise
Gold, Palladium, silver, platinum, and rhodium

Providers
Shopping for, promoting, storage, loans

Transport
Free delivery for orders over $500. $7.97 delivery for orders beneath $500.

Higher Options To Acre Gold

As well as, we’ve listed above, listed here are some alternate options that it is best to attempt to learn first earlier than investing your hard-earned cash.

Is Acre Gold a Rip-off?

In conclusion, Acre Gold just isn’t a rip-off. They’re a official firm who affords a brand new manner of proudly owning gold which caters to those that can not afford to pay a lump sum of money. 

Nevertheless, I can not advocate this firm since they’re nonetheless pretty new and I believe there are some issues that they must straighten out first. Moreover, as a result of value of gold at all times fluctuating it might be exhausting so that you can correctly handle your funding when you should not have a sure time-frame to handle. 

Nevertheless, if you wish to have your investments secured then it is best to attempt confirmed and examined firms. Because of this we extremely advocate Goldco. Moreover, they’re extremely rated and affords glorious customer support. Click on the button under to be taught extra!

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