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Category: Glint's Helpful HInts

Glint’s Helpful Hints: Glint’s fees

There's nothing more annoying than wading through masses of paper or scrolling through wads of web trying to figure out how much something really cost...

9 September 2021

Gary Mead

There’s nothing more annoying than wading through masses of paper or scrolling through wads of web trying to figure out how much something really costs.

That’s why at Glint we don’t bury our fees in acres of fine print. We want you to feel comfortable using the Glint card, so we are completely transparent about our fees – unlike some companies.

Our fees are very competitive. US clients can find a simple guide to applicable fees here, and UK clients or those in the rest of the world can see the fees that apply to them here. And you get instant in-app records of transactions to help you keep track of spending and stay safe from attempted fraud.

Buying and selling gold

Whenever you buy or sell gold using Glint, we use our simple and transparent pricing formula of rate + fee = total cost.

Fees

We charge a single, fixed fee for gold exchanges. This fee is 0.5%. We also apply an additional 0.5% fee at weekends.

Rate

The exchange rate we use for gold is set by us, and is a variable exchange rate (which means it is constantly changing). You can always see the current gold exchange rate in the Glint app. We stream the best available wholesale market rate for gold. We do not apply any mark-up on that rate unless the markets are closed (for example at the weekend) when we apply 0.5% mark-up on that rate, which is the rate you receive in the app.

There are no further fees or mark-ups applied. The price you pay is locked in at the time of exchange.

We will show you the rate and fee, and the total cost in the Glint app before you make any exchange.

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