You just spend as you normally would on your card and youll be exposed to precious metals.
How It Works
The card is a joint venture between APMEX and online investment platform OneGold.
The rewards you get depend on where you apply.
Probably not as good as youd like.
It always seems like an uphill battle to build (and keep) a decent amount in savings.
But what if your car breaks down, or you have a sudden medical bill?
Ask one of these companies to help… Those points can then be spent like a gift card on the APMEX site to buy precious metals.
The card through OneGold has the added benefit of automatically applying your points toward the investment you choose.
Gold is currently hot, Yip said.
People are running to gold as a safe-haven asset.
APMEX card users will be added to the sites Elite Club.
It provides early access to sales or offers from the site, including discounts and notifications about product availability.
Additionally, the card offers an introductory 0%APRfor the first year.
After that, rates will increase to 15.74% to 25.74% based on a users creditworthiness.
The points cant be used as a credit on the balance you owe on the card.
Contributor Cassidy Alexander is a Florida journalist with experience writing about education, local government and personal finance.
Reporting from former Penny Hoarder contributor Steve Gilman is included in this report.
It sounds appealing right?
Check it out here!