Hatton Garden Metals now taking credit cards - 0% surcharge

[Paul]

I have just made a purchase from HGM and notice they are now offering credit and debit card payment options

I have always used bank transfer in the past, but tinkering around I went through the 'pay by credit card' link and noticed it doesn't charge you the usual 2-2.5% surcharge that other bullion dealers usually add.

Nothing game changing I know, but you are now afforded the protections that using a credit card gives (Section 75 CCA etc which is helpful in its own right) 

However, if you make bullion purchase using a 'cash back' credit card you can get a little back on your purchases from one of the cheapest dealers to buy bullion

I have had a Nationwide Select credit card for years and it pays a none capped 0.5% cash back on all spending annually.  

So on a 1oz gold purchase of £1,000, you would get a fiver back for the privilege of just using your credit card.  A free couple of pints for nothing 

You also have Aqua Reward cash back credit card pays 0.5% (high APR but wider criteria of acceptance for folk with lower credit scores) 

Asda & Amazon credit card also offer 0.5% cashback credit cards,

Various Amex card also offer cash back but not sure if HGM take Amex

I wouldn't advise anyone going in debt to get precious metals, make sure you clear your balance in full each month.  

Making active use of your credit card for decent sized purchases will also give you good brownie point green ticks on your credit file each month, i hear the rule of thumb is dont use over 25% of your card limits and you will look like a model customer