Glint

Overview

Buy, sell and spend REAL gold, that you own, without any big fees and with no interference from your bank. At Glint, your gold is legally allocated to you. It’s not paper or a credit note; it is real gold, kept in a Brinks vault in Switzerland and Brinks is insured by Lloyds of London. You can use it as real money with your GLINT prepaid, debit Mastercard.

Why Invest

• Your gold really is your gold. You own it.
• Fees are 8 times cheaper than banks
• Convert your money between USD and GOLD instantly and securely

How you make money

Glint provides its clients the most competitive spot price of gold available to it. There are no hidden mark-ups with Glint and all exchange rates are updated real-time so you can be sure you’re getting the very best available market rate. With Glint your savings can increase in value between the time that you buy gold and when you choose to sell it. You can also choose to spend your gold, instantly, anywhere they accept Mastercard - online or at the store, giving liquidity to a hard asset. 

How Glint makes money

Glint charges an annual gold storage and insurance fee of 0.125%. When you carry out a gold or foreign exchange transaction, the exchange rate and any associated fees will be shown before you confirm the transaction. Glint applies a low premium fee of 0.5% with no other additional hidden margins. Glint also likely earns money through merchant fees from the use of their debit card.

Is it Safe?

Gold fluctuates in price. Whilst Glint strongly believes that gold is the fairest and most reliable currency on the planet, they point out that it isn’t 100% risk free. Although there has been a steady increase over time, the value of gold can fall, which means the purchasing power of the customer can also fall. In the unlikely event that Glint became insolvent, client funds (both currency and gold) are held protected in segregated, safeguarded accounts and client’s currency is protected by the FDIC up to $250,000.