What payment forms/methods does GoldSilver accept?

We accept a wide variety of payment methods to make investing in precious metals as easy as possible: credit and debit cards, PayPal (including balances, bank transfers, e-checks, and credit/debit account payments) and Venmo, as well as paper checks and bank wires, and Bitcoin.

Orders paid via wire or check receive our best price, a 4% discount.

Bank Wire
Bank wires, including from the US and most international banks (either ‘Fed’ or ‘SWIFT’ wires) can be used to pay for orders with no limit on the amount.

Limit: $1,000,000 per bank wire order.

Paper Check
Personal and business checks are only accepted from U.S. banks at this time. Note: Check order shipping is delayed for 5 business days after the deposit of the check at our bank to ensure the check is not returned without payment. 

Limit: $25,000/order; photo of a valid government ID required for all checks.

For both wire and check orders, you may be asked at checkout to secure your order with a deposit (typically 5%) on a credit or debit card. We do not actually charge the card or apply the 5% towards the order total; you must still pay your order total in full. Instead, the deposit is held as an "authorization hold" on the card, like when checking into a hotel. The hold is automatically released when we receive payment in full. Why is this required? The deposit hold serves as protection against market losses from failure to pay cancelled orders, allowing us to lock in your price up front.  

Bitcoin orders are processed within 24 hours and ship quickly for delivery.

Bitcoin customers receive a 3% discount to the credit card charge, which is 1% over the “cash” price customers using checks and bank wires pay. The Bitcoin network also charges a transaction fee, though it is usually very small.

Limit: $1,000,000/order. 

Orders placed via credit card, debit card, and PayPal or Venmo process quickly and ship the fastest for delivery orders. They may be subject to limits on daily and per transaction amounts.

Credit and Debit Cards
Most credit and debit cards clear payment immediately at checkout. We accept most major card types globally, with a

Limit: $75,000/order. 

We accept all PayPal payment methods. Users paying with an account balance, using a card or a card-secured bank transfer will have their payments processed immediately.

Unsecured bank transfers (very rare) are subject to hold up to 14 days before PayPal releases the funds to us.

Limit: $75,000/order

Note that both credit card and PayPal orders are subject to rigorous fraud screening, and because of the size and nature of purchases are occasionally rejected even when the account is in good standing. 

Clients may also prefund their accounts with a bank wire for instant processing on future orders. Please contact our customer service team at 1-888-319-8166 or support@goldsilver.com for further details on prefunding accounts.

Related: Do you accept payment via automated clearinghouse (ACH)/electronic transfer?

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