Does opening a FREE gold savings account sound exciting to you? With this Karatbars International Review I hope to open your eyes to a new and exciting way to get into investing in physical gold by opening a savings account. Almost exactly as the savings account you have at your bank but instead of “funny” money you will have hard physical gold in your savings account.
Many people that I talk to instantly agree that owning some physical gold is very important. Whether it be because gold is a good hedge against inflation, that you want a safe haven to place your hard earned money or because you do not think that the current system of debt is sustainable. There are lots of reasons for why everybody should own some physical gold.
But the first response that I usually get is: I do not have enough money to start investing in gold.
This is a definitely a valid reason. I mean at the time I’m writing this article an ounce of gold is around $1300. That is not an amount of money that most people have laying around. If you instead could buy gold in smaller quantities don’t you think that would make it easier for people to get into gold investing?
Investing in gold has always been a rich mans game. Karatbars Internationals mission is to change that and make sure that everyone can afford to protect their wealth with physical gold.
Wouldn’t it be nice with a gold savings account? Exactly as you have a savings account in your bank today but instead of your account being filled with declining paper dollars it would be filled with hard physical gold.
A place where you could easily save your money each week or month, with auto payment if you like, into gold. Then your physical gold would be connected to a credit card so if you wanted to convert your gold back to paper dollars you could easily do that at every place that accepts MasterCard. Or maybe you wanted to take delivery of your physical gold instead of having it in your savings account.
This and much more are the things that Karatbars International is trying to do. If this gets you as excited as it gets me, then read on and we will be diving into this awesome and easy way to open a FREE gold savings account.
Here is a short summary video. Only 7 minutes long but for more detail please read the review.
About Karatbars International
Karatbars International GmbH was founded in 2011 by CEO Herald Seiz. It is headquartered in Stuttgart, Germany, but have offices in a lot of other cities such as New York. Karatbars currently operates in 119 countries with a mission to operate in all 194 countries in the world.
Karatbars is privately held and operates under strict German business laws. Germany has one of the toughest business laws in the world and if you do not operate in a good and honest manner you will not be able to continue doing business.
Karatbars is recommended by Bun Der Sparer which is a German consumer watchdog that focuses on money, banking and investing. They are committed to the financial education of the public and lobbies for the interest of the public.
What this means is that Bun Der Sparer tries to help the German public to not get scammed when it comes to financial services. They do a thorough investigation of the company and it’s products before they recommend it to the German public. This is a very big deal and should give you the confidence that Karatbars International is a legit and honest company.
Karatbars Internationals mission statement is:
Our mission is to make currency-grade gold bullion available and affordable to the masses.
Watch Karatbars Introduction Video Below
Karatbars International’s Gold products
Karatbars offers 999.9% pure, 24 karat gold bullion from accredited LBMA refineries in small denominations. The gold comes in a credit card sized durable plastic with the gold bullion in the middle. The different sizes are 1 gram, 2,5 grams and 5 grams.
What does LBMA accredited refineries mean?
LBMA stands for London Bullion Market Association and they have set out a set of rules describing how the physical gold should be in order to get a LBMA stamp. LBMA is loosely overseen by the Bank of England.
The rules for LBMA gold has to do with the purity and other important factors when dealing with gold bullion. By having the LBMA stamp the gold is recognized by governments and banks around the world as good delivery gold. This means that it can be accepted as money in settlements of debts.
The most important thing is that when the gold has a LBMA stamp it means that it’s the best and purest gold that you can get. You can read more about LBMA gold here.
The Karabars cards comes with multiple security features to ensure confidence and authenticity when conduction financial transaction using the Karatbars gold cards.
The security features are things like:
- Stamped with valid trademark
- Authenticity stamp and security hologram to prevent counterfeit
- Certified and laminated with scratch resistant UV protective film.
A really exciting thing about Karatbars products is that you can design your own gold card. This gives you a unique possibility to promote your charity, company or association. Or to just give away as a personal gift to a friend.
If you do not want to create your own design for your gold cards you can choose between a wide variety of premade branding cards. Karatbars have things like country cards or gift cards such as “Good luck with your marriage”.
They also have a lot of sports cards such as sports legends or teams. Real Madrid Soccer club just created thousands of gold cards for sale to their fans. The Vatican also ordered thousands of cards to help them spread their word.
Who would throw away 1 gram of gold? Nobody of course, and on that card is your company logo or any other message that you want to get out. Do you see the marketing possibilities?
The possibilities are endless when it comes to the look and design of your Karatbars gold card. But the most important thing is that the physical gold inside the card is of the highest possible quality.
How does payment for your Gold work?
Although Karatbars lets you purchase gold in a one time fashion and ship it home to you just like any other dealer, that is not the exciting part about Karatbars. What Karatbars is really about is to set up a free gold savings account.
Setting up your automatic gold savings plan doesn’t take more than 5 minutes. There is really only two options that you have to decide on:
- Do you want to save weekly or monthly?
- How much money each week/month do you want to save?
The minimum amount that you can choose is 50 euro (make sure to check the exchange rate before but it’s around 56 USD). After you have answered these two options you have two options for payment. You can choose to pay with your credit card or by bank wire transfer.
I would recommend credit card because it’s very easy and every week/month the amount you chose will automatically come out of your credit card and get transferred into hard physical gold bullion. Can it get easier than that?
I want to remind you again that your not really buying anything here. All you do is transferring your declining paper dollars into hard physical gold bullion. It’s like taking 50 euro in paper from your left pocket, transferring it into 50 euro worth of gold bullion and putting it in your right pocket.
At the end of the transaction you still have 50 euro worth of stuff. But now you have it in physical gold instead, which is a smarter way to save your hard earned money. Don’t you agree?
How does the storage of my gold work?
One of the first things that I asked when I got introduced to Karatbars was how the storage for my gold work. Because I have seen before how a company says that they store you gold but they actually don’t.
This way it would be the same as owning paper gold which is not how I invest in gold. I want to invest in physical gold by either having it in my own possession or in a vault somewhere where I know that my physical gold is inside a safety box that has my name on it.
The storage of your gold is not taken care of by Karatbars themselves. The storage is in a third party high security company called Prosegur GmbH. So as soon as you have bought your gold, Karatbars will send the physical gold to the storage facility that will store your physical gold in your account.
Short video about the storage vault company Prosegur
The storage facility gets audited every year by another third party audit firm to make sure that every account have the correct amount of gold in it.
This way your physical gold is just stored for FREE in a high security vault for you until you decide to take physical delivery of your gold. This was a huge factor for me when I decided to open up my gold savings account.
Shipping information to take delivery of your gold
At any time you can just click a button within your Karatbars back office to take delivery of all, or part of, you gold savings. Once you have requested delivery the request will directly be sent to the storage facility for shipment.
Karatbars have partnered up with FedEx and can ship to any country in the world, both small packages and bigger packages. Your gold will be packaged under video surveillance for your personal security and the package is fully insured all the way to your doorstep.
The price for shipping around the world is right now at $21 (within Europe it’s a little bit cheaper). The great thing about Karatbars is that it’s the same price for shipping one gram as it is shipping 40 grams. This is why most people use the free gold storage that Karatbars provide and when they have accumulated enough gold they take delivery. This is to save on shipping cost.
I think you understand why it doesn’t make sense to pay $21 extra for every gram to ship it directly to you. Let the gold be stored in the third party storage facility and when you have enough gold you can ship it home to you. If you save up 21 grams and ship it then it becomes $1 per gram in shipping. Doesn’t get cheaper than that.
Another amazing thing with Karatbars is that once you have accumulated 100 grams in storage Karatbars will ship it for free to you. The reason why is because Karatbars knows that a big reason why people invest in gold is to be able to have it physically close to them. Once you have saved up 100 grams, it’s more then time for you to take physical delivery.
Opening up a FREE gold savings account is probably one of the best decisions that I’ve made. This made it super simple to just transfer declining paper money into the safety of gold bullion.
Karatbars has built up a big and amazing system to solve all the headaches of investing in gold and they keep on adding more and more great features all the time.
There is a reason why Karatbars have experience a tremendous growth since they started. Both in number of customers, countries where Karatbars get sold and the amount of money saved every year.
If you have any questions please leave a comment below or contact me through email at my contact page. As soon as you have registered for free I will get a notification and you will get my personal contact information so I can help you with any questions.
There is nothing to wait for. Karatbars offers a absolutely FREE gold savings account without any hidden fee’s. Just pure FREE.
When you click the link below it will take you to Karatbars website. You will have two options to choose between. Either register as a customer or as an affiliate. You should choose affiliate. They are both free and very similar but if you choose affiliate you have more options for the future than just a customer.