SilverSaver now offers Gold Savings Account, 90% Silver, Faster Processing and Lower Premiums!

Wednesday, April 20th, 2011 at 11:06 am

SilverSaver(R) - Save Physical Silver and Gold

Great news for those who want a Gold Savings Account!

Silversaver.com has just launched several new additions to their website, which they summarized in the following email to their current savers:

“1) GOLD

You know how easy it is to save in silver with SilverSaver. And now, we’ve given you the ability to save in gold as well!

GoldGrainsTM

As you accumulate gold, your savings will be measured in grains. There are exactly 480 grains in one troy ounce. Savings schedules for gold will have the same $25 per week or $50 per month minimum as you have grown accustomed to with silver.

Deliverable items for gold will initially include 1-oz bars, 1-oz American Gold Eagles and 1-oz Austrian Philharmonics. The minimum amount for delivery will be 1 ounce.

2) Faster Processing Time

Processing time for purchases has decreased from 3 business days to 1. There will be an 8:00 AM (CT) cutoff each day. If purchases are placed before this cutoff, you will receive that day’s SilverSaver Base Price. If the order comes in after the cutoff, the next SilverSaver Base Price will be used to calculate your cost. This faster processing time will apply to sell transactions as well. The transfer of funds will be greatly expedited from its current 4-5 business days down to 1-3 business days.

3) Tiered Premiums as Low as 2.99%

Premiums (the amount you pay over the SilverSaver Base Price) are currently 7.8% for those who have a recurring schedule and 10% for those who do not.

But that’s changing…

All purchases, whether you have a recurring schedule or not, now fall under the following tiered premium structure.

The highest premium has been REDUCED to 7.49% and larger amounts receive premiums as low as 2.99%. Your premium tier depends on the purchases you have made in the current month or the previous month, whichever dollar amount is greater.

The tier structure is as follows:

7.49% —- $25 – $149
6.49% —- $150 – $299
5.99% —- $300 – $999
4.69% —- $1,000 – $9,999
3.99% —- $10,000 – $24,999
3.49% —- $25,000 – $99,999
2.99% —- $100,000 +

Example #1:

On May 1st, you make a $10,000 one-time purchase. This purchase comes in at the 3.99% premium level. So your remaining purchases in May AND June will also occur at a 3.99% premium.

Example #2

You have been saving $100 per week. Each month you will fall in the $300 – $999 tier and all your purchases will occur at a 5.99% premium! Remember, larger one-time purchases could place you into the next tier, reducing your premium even further for up to two months.

4) 90% Silver

This type of silver is also known as ‘junk’ silver and refers to pre-1965 coinage consisting of dimes, quarters and half-dollars. Each $1,000 worth of face value contains 715 troy ounces of silver. Through SilverSaver, we are now carrying $100 face value bags that contain 71.5 ounces of silver as a deliverable item.”

With all of the great new features, it will be easier than ever to get started saving with a Gold Savings Account and help maintain and increase the value of your hard-earned money in this poor economy. For beginning gold and silver investors, buying a gold coin might be out of their budget, but the Gold Savings Account allows you to buy GoldGrainsTM a little at a time until you can reach enough to get a gold coin or bar.

For more information, please visit SilverSaver.com.