Is Acre Gold a Scam? Gold Subscription Worth It? (2023 Review)

You might be looking for answers to the question, "Is Acre Gold a Scam?". Well, in this article, you will know the truth to this.

Precious metals have been a valuable investment for centuries. Particularly, gold has been used as currency and as a way to store wealth. They also serve as a hedge against inflation and economic uncertainties. 

The industry of precious metals investing has grown bigger than ever. Many companies are offering precious metal services, such as buying, selling, and storing precious metals. Some of them might even have innovations as a way to gain more customers.

If you are an avid precious metals investor, you might have heard of this new company named Acre Gold. They have been marketing their innovative and visionary way of making gold investments more convenient and affordable. However, are they really legit?

You should do your due diligence first before investing your hard earned money. That is why, as you join me in this review you will learn more about Acre Gold and if they are the company for you.

Acre Gold Review Quick Summary

What is Acre Gold?

Acre Gold is a new precious metals company who provides clients opportunity to own precious metals purchased with affordable prices through subscription plans. You can think of them as a piggy bank with earning gold as the end goal.

The company was founded by a group of financial technology specialist and gold bugs. They believe that gold as an investment is important and has great benefits, leading them to create a more affordable ang engaging gold investment platform.

Acre Gold started in 2020 and is headquartered in Santa Monica, California. They are a registered investment advisor with the SEC and their gold is 99.9% pure and minted in Switzerland.

They have quite established their reputation in the industry. The distinctive way of gold ownership has resonated with many investors and this is a major reason for their success.

How Does Acre Gold Subscription Work?

Acre Gold Subscriptions allow you to purchase fractional shares of gold bars, starting at just $50 per month. This makes gold investing more accessible to a wider range of investors, who may not have the financial resources to purchase an entire gold bar. 

The difference is, traditional precious metal investments typically require you to purchase a large amount of gold upfront. This can be a barrier to entry for many investors, especially those who are just starting out.

In the case of Acre Gold, basically, when you have made enough payments in your account and it reaches the price of a full gold bar, Acre Gold will ship it to you for free. If you purchase gold through Acre Gold's online platform, your gold is stored in secure vaults in Switzerland.

How To Get Started With Acre Gold?

To get started with Acre Gold, you can create an account on their website and provide your personal information. There is a one-time membership fee of $12. You can choose from three monthly subscription plans:

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

You will then be able to track your investment in real time. The price of gold fluctuates, so the number of months it takes to earn a gold bar will vary. Once you have accumulated enough, Acre Gold will ship it to you for a shipping and fulfillment fee.

You can cancel your subscription anytime for a fee of $20. However, there have been reports of customers having difficulty closing their accounts. There is also no information on whether you will get a refund if you cancel before you have earned a gold bar.

Overall, Acre Gold is a way to invest in gold on a monthly basis. However, there are some potential drawbacks, such as the high fees and the difficulty of closing your account.

Acre Gold Referral Program

Acre Gold has a referral program that allows you to earn rewards for referring people to their gold subscription service. When someone signs up for Acre Gold using your referral link, you will earn $10 for each month that they remain a subscriber.

To participate in the referral program, you will need to create a referral link on the Acre Gold website. You can then share your referral link on social media, through email, or in person. It triggers when someone clicks on your referral link and signs up for Acre Gold. If you don't know what a referral program is then you should try reading my guide.

The referral program is a great way to earn free gold and to help your friends and family get started with Acre Gold. If you are already a subscriber to Acre Gold, I encourage you to share your referral link with your friends and family.

What Is Acre Gold Premium?

Acre Gold Premium is a fee that Acre Gold charges on top of the spot price of gold when you purchase from them. In simpler terms, Acre Gold Premium is a way for Acre Gold to make a profit on their gold sales. 

The premium amount is variable, but it is always in addition to the spot price of gold. This means that you will always pay more for gold from Acre Gold than you would if you bought it from a different source. The premium is charged to cover the costs of storing, insuring, and shipping gold. 

Normally, premium ranges from 1-5%. This is where customers have complained that with Acre Gold's subscription services, you are paying more premium than you would actually pay for a whole gold bar, making you ultimate costs in subscriptions more expensive than buying upfront.

Acre Gold Subscription Services

If you visit Acre Gold's website, you will see that they offer four different subscription plans, each with a different amount of gold and price. These plans are as follows:

• 1 gram per month: This plan costs $30 per month and includes 1 gram of gold.
• 2.5 grams per month: This plan costs $50 per month and includes 2.5 grams of gold.
• 5 grams per month: This plan costs $100 per month and includes 5 grams of gold.
• 10 grams per month: This plan costs $250 per month and includes 10 grams of gold.

Please note that these prices are subject to change, as Acre Gold sometimes put up discounts on their subscriptions. You can always check the Acre Gold website for the most up-to-date prices.

Can You Buy Gold Outright?

Acre Gold understands that not everyone wants to subscribe to a gold service, so they offer the option to buy gold outright without a subscription. They have a variety of gold weights available for outright purchases, all with free domestic shipping. 

As of August 10, 2023, here are the prices:

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

To cancel your Acre Gold subscription, you can either do it through their website or by contacting their customer service.

Acre Gold does not offer refunds for physical products that have already been shipped or received by the customer. They also do not refund for fees like storage. Be sure to cancel your subscription before your next billing cycle to avoid being charged for another month.

Take note, you will be charged with a cancellation fee. Also, you will not be refunded for any unused months of your subscription. You will also lose any accumulated gold that you have not yet received.

Acre Gold Refund Policy

Acre Gold does not offer refunds for physical products once they have been shipped. This is because Acre Gold does not have control over the shipping process once the product has been shipped. If you have any issues with your shipment, you should contact the shipping carrier directly.

Acre Gold does offer refunds for digital products, such as its gold subscription plans. If you are not satisfied with your gold subscription plan, you can cancel it and receive a full refund. However, you will not be refunded for any unused months of your subscription.

To cancel your gold subscription plan and receive a refund, you can either do it through their website or by contacting their customer service, as stated above.

How Does Acre Gold Ship Gold?

Acre Gold ships gold via third-party logistics companies that specializes in shipping precious metals. The gold is shipped in a tamper-evident package that is insured for its full value. Acre Gold also includes a tracking number so that you can track the shipment of your gold.

Acre Gold ships gold to all 50 states in the United States. They also ship gold to Canada, Australia, and the United Kingdom. There is a flat shipping fee of $19.99 for all domestic shipments. International shipments have a variable shipping fee based on the destination country.

Does Acre Gold Have Storage?

No, Acre Gold does not currently offer a storage service for their customers. Acre Gold is a gold subscription company that allows customers to buy gold in small increments over time. They do not offer any other physical gold products or services.

Acre Gold Ratings and Reviews (Updated August 2023)

Acre Gold is a new company in the precious metals industry, and there are not many reviews or ratings of them online. The only rating that is available online is their BBB rating, which they had an A+ grading but only 2.47 out of 5 stars from 30 customer reviews.

Acre Gold BBB Rating

Additionally, Acre Gold has had 51 complaints filed against them in the last 3 years. It seems that Acre Gold is a legitimate company, but the negative reviews and the lack of positive ratings is really concerning. The most legitimate precious metals companies have solid BBB and Trustpilot profiles with lots of positive ratings and reviews. 

However, Acre Gold does not have a Trustpilot profile and they have no ratings on other trusted websites like Trustlink, Yelp, BCA, and so on. This is a red flag and potential investors should be cautious before investing with the company.

Acre Gold Customer Complaints

Acre Gold has very few reviews but for those amount, they do have a lot of complaints from customers. Some of them are too serious to not be concerned about.

You can see below some information about the complaints and negative reviews:

As you can see, the recent complaints are about customers not receiving their gold bars or coins after placing an order. Others have said that the gold they received was not the weight or purity that they ordered. Still others have complained that the company has been unresponsive to their complaints.

It is important to note that Acre Gold has been quick to respond to the concerns raised on its Better Business Bureau (BBB) profile. Almost all of the complaints have been addressed or resolved. The company has also stated that it is committed to providing its customers with a high-quality product and service

Acre Gold Reddit Reviews

The company has lots of discussions on Reddit. Many Redditors have expressed displeasure with Acre Gold's monthly subscriptions. claiming that they are more expensive than buying gold upfront and that it is a stupid way of losing money.

Acre Gold has defended their monthly subscriptions, claiming that they offer a convenient and affordable way to invest in gold. However, many Redditors remain unconvinced. However, it's really up to you whether you want to invest in Acre Gold. Just do your research and critically think about it before you do.

Is Acre Gold a Scam? (Pros and Cons)

Acre Gold Against Major Competitors

If you are not satisfied with Acre Gold, there are other leading precious metal companies in the market that you can consider. Here is a comparison of Acre Gold with Goldco, Augusta Precious Metals, and Money Metals Exchange.

Better Alternatives To Acre Gold

In addition, we have listed above, here are some alternatives that you should try to read first before investing your hard earned money.

• JM Bullion
• Universal Coin and Bullion 
• Red Rock Secured
• American Hartford Gold Group
• Birch Gold Group
• Noble Gold

Is Acre Gold a Scam?

In conclusion, Acre Gold is not a scam. They are a legitimate company who offers a new way of owning gold which caters to those who cannot afford to pay a lump sum of cash. 

However, I cannot recommend this company since they are still fairly new and I think there are some things that they have to straighten out first. Furthermore, due to the price of gold always fluctuating it would be hard for you to properly manage your investment if you do not have a certain time frame to manage. 

However, if you want to have your investments secured then you should try proven and tested companies. This is why we highly recommend Goldco. Furthermore, they are highly rated and offers excellent customer service. Click the button below to learn more!