Can I use a credit card to buy gold or silver?

Yes! You can use a credit card to purchase assets instantly within SoundMoney. When you click 'Buy' on an asset like 1 oz US Silver Eagles, you will see a variety of payment methods to choose from:

• Buying Power: Use the cash already settled in your account for an instant purchase.
• Credit Card: A convenient way to lock in your price immediately.
• ACH Bank Account: Standard bank transfer for instant placement of your order.
• Check/Cashier’s Check: Your purchase is placed once we physically receive the funds.
• Bank Wire: Best for larger transactions; order is placed upon receipt of the wire.

Note: While credit cards offer speed and convenience, please be aware that most precious metals transactions via card may include a modest processing fee (typically between 1.5% and 4%) to cover merchant costs. For the lowest possible price, many members prefer using ACH or Bank Wires

Updated on: 13/03/2026