Today, credit cards are very popularly used for shopping and payment, both convenient and avoiding many risks compared to using cash. As we all know gold is something of great value, so maybe Can I buy gold with a credit card??
Answer with Banktop in the following article.
Can I buy gold with a credit card?
Credit card is a payment service for spending, spending, paying later, issued by banks, which is very popular today. When using a credit card, even though there is no money in the card, you can still easily pay the bill with the card-swiping POS machine.
In order to bring convenience and safety to consumers, the credit card payment method is gradually replacing the cash payment method. Is it possible to buy gold with a credit card? In the field of gold and silver, the use of credit cards for payment is quite popular.
Most gold and silver shops are now equipped with POS machines so that customers can easily buy gold by credit card. You just need to give the card to the staff to swipe, enter the PIN and sign the receipt confirming that you have completed the purchase of gold by credit card.
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Advantages of buying gold by credit card
Today, most people prefer to buy gold by credit card because of the great advantages it brings.
Quick payment
When buying gold by credit card, customers will enjoy fast and accurate payment service to each number with just a few simple steps: swipe card, enter amount, password, receive bill and Sign the transaction confirmation to complete the payment.
With this payment method, customers can easily buy gold jewelry, gold bars, bullion... quickly without product limitation.
Absolute safety
Paying with a credit card is much safer than paying with cash. Instead of carrying a large pile of money to buy gold, which is easy to risk being robbed or dropped, now with a compact credit card you can swipe payments within the allowed limit.
Besides, credit cards have high security and extremely good customer information security. There are few errors and easy to fix in the payment process when buying gold by credit card.
Withdrawal fees and low interest rates
When using a credit card to withdraw cash 24/7, customers will enjoy many incentives with extremely low withdrawal fees with an average fee of only 1.3%. Moreover, from the time you use the money you will be free of interest within 45 days.
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Note when using credit card to buy gold
To avoid risks when using a credit card to buy gold, you need to keep a few things in mind:
- You should choose to buy gold at reputable gold and silver stores and carefully observe the payment process to avoid fraud during the card swiping process, ensuring the safest and most accurate payment process.
- Normally, banks will waive interest up to 45 days from the date customers start using the money, overdue will be charged interest from the first day. Therefore, when using a credit card, customers need to pay attention to the payment deadline for the bank, because late payment will result in higher interest rates and penalties.
- To save a fee, when buying gold with a credit card, you should swipe the card directly without withdrawing cash to pay.
Some questions when using a credit card to buy gold
Is it possible to buy gold bars with a credit card?
If the store accepts credit card payments and has a card-swiping POS machine, you can absolutely buy gold bars with a credit card. Accordingly, you just need to give the card to the staff, enter the amount, PIN and sign the confirmation to complete the payment process.
Can I buy gold with VPBank credit card?
Like other popular credit cards, you can completely use VPBank credit cards to buy gold at locations that accept card payments.
You can refer to some of the following gold shops that support credit card payments:
- The chain of gold, silver and gemstone branches of PNJ - Phu Nhuan Jewelry Joint Stock Company is nationwide.
- The famous gold shop system of SJC - Saigon SJC Jewelry Co., Ltd.
- Doji's system of large gold, silver and gems centers - Doji Jewelry & Trading Investment Joint Stock Company.
- Phu Quy Jewelry Company.
- Branch system of Huy Thanh gold and silver.
- Ha Tam Gold Shop
- Kim Thanh Thao gold trading individual enterprise (Tan Huong market, Tan Phu district)
There are also many reputable gold trading units that pay by other credit cards….
Conclude
It can be seen that you can absolutely buy gold with a credit card at all locations that accept card payments and swipe POS machines. Hope the article has provided you with useful information and know how to make transactions with credit cards more safely and effectively.
Information edited by Banktop.vn
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