Is Acre Gold Legit? (Newest Updated August 2022 Review!)

Welcome to my "Is Acre Gold Legit?" review!

(UPDATED AUGUST 2022)

Have you recently heard about Acre Gold and hoped that you might be able to actually acquire gold from them this summer?

Well, before doing anything, you should probably read this review in full to make sure you don't get ripped off!

Is Acre Gold legit?

Well, here's the truth... are you ready for it? Let's hope so.

Let's dive in!

We shall start this review with some background information:

Acre Gold Review Quick Summary

What is Acre Gold?

Acre Gold is a company that provides an opportunity for clients to acquire gold in a more affordable way compared to the usual firms out there.

It was created by a group of fintech veterans and goldbugs, who recognize the importance and benefits of gold. With that, they aim to make this precious metal more affordable and approachable.

Currently, Acre Gold is based out of Santa Monica, CA and Boise, ID.

How does it work?

Acre Gold works differently from the other precious metals firms we have reviewed such as Augusta, which helps you transfer precious metals to a new gold IRA account once you've funded your account.

However, Acre Gold is more of a layaway program. Basically, you pay a subscription fee every month. Once you have accumulated enough payments to meet the price of the gold (minus the shipping and fulfillment fees) Acre Gold will then ship and deliver said gold directly to your front door!

So, it's basically like you're making your payments for the gold every month. This can go on and on, meaning you can receive more 2.5-gram gold deliveries. If you want to stop, you can always cancel the subscription.

Price

To join Acre Gold, you have to pay a one-time upfront membership fee that costs $12. Then, you can start availing the $50 monthly subscription (there is also a $30 subscription option) for 2.5 grams of gold.

For example, if the total price of the 2.5 grams is $100, then you will need to pay $50 per month for 2 months. (But this is just a hypothetical example - 2.5 grams of gold does not really cost $100.)

This is quite different from a traditional gold IRA firm that charges no management fees and simply sells you metals, then assists in setting up your own gold IRA.

Acre Gold Referral Program

Acre Gold also has an referral program wherein you will have a chance to be compensated once you bring a client to Acre Gold and they subscribe (if you are into that sort of thing).

Support

Sadly, Acre Gold does not have a live chat function on their website. However, clients can address their concerns to Acre Gold via their Facebook and Instagram accounts.

As you can see below, they seem quite responsive to their clients on these social media platforms.

This is helpful for those who would like automatic ongoing investment in precious metals that they store themselves outside of an IRA.

However, for gold and silver investors who would like the benefits of an IRA and a closer advocate through the lifetime of their metals account, it may be advisable to go with a company such as Augusta.

A gold IRA company stays with you for the duration of your account and acts as a direct liaison on your behalf with the custodian and storage facility required by your IRA.

Rating and Reviews (Updated August 2022)

Acre Gold is quite new to the industry, so when I researched for its ratings and reviews, I only found a handful of them.

And to be honest, they were not that impressive:

AUGUST 2022 UPDATE:

It appears that the BBB rating for Acre Gold has improved from a "C" rating to a "B" rating. Below is a screenshot from earlier in 2022:

Here is another screenshot of their updated rating for August 2022:

Even though there are negative reviews and complaints, one thing I noticed is how responsive Acre Gold is.

Currently, they are not BBB accredited and only have a C+ rating.

AUGUST 2022 UPDATE: It appears that Acre Gold still does not have any reviews on Trustpilot, even at the end of August 2022:

Why don't they have any reviews on Trustpilot in 2022?

Pros and Cons

Is Acre Gold legit? - Final Verdict

Let's conclude this review with my final verdict: Is Acre Gold legit? Yes, they are since they do provide gold whenever clients accumulate enough monthly payments.

However, since there are only a few ratings and reviews, it might not give one the warmest feeling. Yes, there are some complaints but Acre Gold seems to make sure to respond to them.

Acre Gold provides a more affordable way of acquiring gold. However, for now, I would still recommend buying precious metals the old-fashioned way to really make sure.

And if you want to take advantage of the retirement benefits of an IRA in addition to the benefits of precious metals, a more traditional gold IRA company might be advisable.

(Check out our top recommended gold company below for more info on how to get started with a company you can trust).

This review will be updated once I sort out more info about Acre Gold.

Thank you so much for reading my "Is Acre Gold Legit?" review!

Leave your comments and questions in the comment section below!