How to Pay for Gold or Silver Purchases at GoldSilver

We accept a wide range of payment methods to make buying precious metals simple, secure, and convenient.

  • Orders paid by bank wire or paper check receive our best price (a 4% discount) but may take a little longer to process and ship.
  • We also accept:
    • Credit and debit cards
    • PayPal (including balances, bank transfers, e-checks, and card payments)
    • Venmo
    • Bitcoin

Bank Wire

Bank wires from U.S. and most international banks (Fed or SWIFT) are accepted for purchases of any size. Wire payments generally allow next-business-day shipping after the funds are received, making this a fast and reliable option for larger orders.

Limit: $1,000,000 per bank wire order

Paper Check

Personal and business checks from U.S. banks are accepted. To protect against returned checks, shipments for check-paid orders are delayed for five business days after we receive the check.

Limit: $25,000 per order; a photo of a valid government ID is required for all check payments.

For both wire and check orders, you may be asked at checkout to secure your order with a deposit (typically 5%) charged to a credit or debit card and fully applied to your purchase. This deposit secures your quoted price and helps protect against market losses if an order is canceled for nonpayment.

Bitcoin

Bitcoin payments are processed quickly, typically within 24 hours, and orders paid in Bitcoin ship promptly. Bitcoin purchases receive a 3% discount compared with credit card pricing; this is slightly above the “cash” price available via check or wire. Note that the Bitcoin network also charges a transaction fee, which is usually modest.

Limit: $1,000,000 per Bitcoin order

Credit and Debit Cards

Credit and debit card payments clear immediately at checkout in most cases. We accept most major card types worldwide. Card-paid orders generally process and ship the fastest, though they are subject to per-transaction and daily limits.

Limit: $75,000 per card order

PayPal and Venmo

We accept PayPal and Venmo payments, including PayPal balances, card-secured bank transfers, e-checks, and card payments. Most PayPal and Venmo transactions clear immediately, enabling fast processing and shipping.

In rare cases where the bank transfer is unsecured, PayPal may place a hold of up to 14 days before releasing funds. Orders ship the next business day after payment clears.

Limit: $75,000 per PayPal/Venmo order

Because of the high value of precious metals purchases, credit card and PayPal transactions undergo strict fraud screening. Occasionally an otherwise valid payment may be declined. If your card or payment is rejected, contact your card issuer or payment provider to resolve any blocks; you can also reattempt the transaction after the block is removed. We will notify you at checkout if a payment is declined.

Clients who place orders frequently may choose to prefund an account by bank wire for faster processing on future purchases. For assistance with prefunding or account setup, contact our customer service team by phone at 1-888-319-8166 or by email at [email protected].

Additional Notes

  • Discounts and limits vary by payment method: bank wire and check receive the best price (4% discount), Bitcoin carries a 3% discount relative to card pricing, and card/PayPal/Venmo methods are typically fastest but have lower per-order limits.
  • Deposit requirements for wire and check orders help secure pricing and reduce market risk.
  • All payments are subject to verification and standard anti-fraud measures to protect customers and our business.

If you have questions about a specific payment method or need help placing an order, please contact customer service at 1-888-319-8166 or [email protected]. Our team can provide guidance on limits, timing, and any documentation needed to complete your purchase.