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.

This includes credit and debit cards, PayPal (including balances, bank transfers, e-checks, and credit/debit account payments), as well as checks and bank wires.

Orders paid via wire or check receive a 4% discount. But, orders for delivery may take slightly longer to process and ship.

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. Bank wire orders typically ship next business day after the wire is received.

Check
Personal and business checks are only accepted from U.S. banks at this time. Checks are held for 5 business days, to ensure they are not returned without payment, prior to shipment.  There is no limit on the order size that can be paid via check.

For both payment types, you may be asked at checkout to secure your order with a deposit (typically 5%) on a credit or debit card, which is credited fully to your order. This is required to secure your price in the market, and serves as protection against market losses from cancelled orders.

Orders placed with bitcoin are processed within 24 hours and ship quickly for delivery.

Bitcoin
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. Bitcoin also charges a transaction fee, though it is usually small. GoldSilver currently accepts bitcoin transactions up to $100,000 per day, and a total of $1 million per customer, per year. As the Bitcoin system improves, these limits will be expanded.

Orders placed via credit card, debit card, and PayPal process instantly 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 no maximum limit other than that applicable to the card used. We accept all PayPal payment methods, up to $65,000 per order. PayPal users with an account balance, using a card or a card-secured bank transfer will have their payments processed immediately. Unsecured bank transfers (rare) are subject to hold up to 14 days before PayPal releases the funds to us. Orders typically ship next business day after the payment clears.

PayPal
We accept all PayPal payment methods, up to $65,000 per order. PayPal users with an account balance, using a card or a card-secured bank transfer will have their payments processed immediately. Unsecured bank transfers (rare) are subject to hold up to 14 days before PayPal releases the funds to us. Orders typically ship next business day after the payment clears.

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. If this happens, please notify your card issuer as they may be able to remove the block and allow you to reprocess the transaction. We will notify at checkout when a card is rejected.

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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