Who Has The Best Credit Card Price On A 2017 1OZ Krugerrand

Probably not the best way to go, but i want to start my gold part of my investing
asap, and something always comes up when i try and save the cash, so i am going
to try it this way, but the premiums charged by most brokers is very high i know
they get charged as well but $45-$55 premium seems excessive to me, just wanted
To see if there was a place that charges less.

 

Log in or Sign up to hide this ad.

"investing". nope.

 

The added "premium" is covering the additional credit card charge the vendor pays to accept a credit card payment. You can save some by using BitCoin, and additional by sending cash/check.

 

Never use a credit card to buy PMs, even if you plan on paying the full balance. If you don't have the cash you have no business buying. A wire is cheaper if you are in a hurry but a check works if you are willing to wait for it to clear.

 

What a ridiculous statement. I have purchased thousands of oz of PMs with a credit card. And then payed it off. AND gotten rewards, bonus points, cash back, etc. I'm not trying to pick on you bud, but you make these broad declarative statements that aren't just wrong, they are also silly.

 

uh, yeah i payoff my balance every month. so strange statement

 

Anyway, JM has a good price today.

 

So, you buy $10K of PM, pay $300 extra to use a credit card and get $100 back. Sounds like a great deal to me. Of courses, numbers may vary depending on your card but you are never going to get back the extra you pay. If you did then the credit card companies would lose money.

I stand by my statement.

 

most people are buying 10k worth of gold and silver. LOL

 

Lol. I'm sure you do.

 

I do that with some silver. What's a little interest when you love the coin. I plan to hold them and admire them. At least I have them in hand which is a good accomplishment and investment down the line, even though they cost a little extra with the interest applied. Heck, what's money anyway? Should be spent in some ways to make you happy.

 

Absolutely!

 

Yes they are the best I can find at 30 over spot on ebay (credit card price)

http://www.ebay.com/itm/ON-SALE-201...%3Adecaf2f415b0ab6af75edb2cfffe6647%7Ciid%3A1

 

There are plenty of 1.5%-2% cards with sign up bonuses of 100-200. So you could spend 10,000 with check or you could do 10,300 with card and get 206 rewards plus 100 bonus and have the extra protections of the card. Seems like the card wins there.

Also, one can check the ebay daily deals section and find gold from $5 over spot (bar) to $30 over spot (Eagle, Buffalo, Krugerrand, etc). This is credit card pricing and is often cheaper than many websites offer for payment by check.

 

Right on brother just got a huge rewards credit card and the points alone would more then make up for it 10 fold !