APMEX, one of the largest e-commerce retailers of precious metals in the United States, is launching a credit card. The Bullion Card, currently offering a waitlist, features up to 4% back in gold & silver through APMEX, 0% intro APR, and Visa Signature protections and benefits.
APMEX Bullion Card to Offer Precious Metals as Rewards
Bitcoin and other cryptocurrencies are leading the charge when it comes to diversifying credit card rewards – but they aren’t alone. APMEX, the Oklahoma-based metals retailer, is looking to make credit card rewards a little more “precious,” with gold and silver replacing cash back with every purchase on its new Bullion Card.
The upcoming Bullion Card from APMEX will offer APMEX and OneGold customers up to 4% back in gold and silver, plus 1% back in gold and silver on all other purchases.
How the Bullion Card Works
Purchases made at APMEX earn 4% back in gold and silver rewards through 2/27/2023. After 2/28/2023, Bullion Cardmembers will earn 3% back on APMEX purchases. This bonus category is also capped at 500,000 points, or $5,000 in gold and silver rewards, per year, with all purchases after that (and all other purchases with the card outside APMEX) earning 1% back.
Unlike cards that offer award travel or gift cards, the Bullion Card lets cardmembers take possession of physical precious metals through APMEX and OneGold. Points with the Bullion Card apply towards purchasing precious metals through APMEX. Points expire after 24 months of inactivity or qualifying transactions on either the Bullion Card account or the cardholder’s APMEX OneGold account.
Other Card Features
Other notable features of the upcoming Bullion Card from APMEX and UMB Bank include:
- 15,000 bonus points ($150 cash value) after spending $1,500 on purchases in the first three months
- 0% intro APR on purchases and balance transfers for 12 months
- Exclusive access to APMEX offers and flash sales
- No annual fee
The card will also provide Visa Signature protections and benefits. These features include the following:
|Zero Fraud Liability||Cardholder Inquiry Services||Emergency Card Replacement|
|Roadside Dispatch and Auto Collision Damage Waiver||Lost/Stolen Card Reporting||ID Navigator from Norton|
|Luxury Hotel Collection||Travel & Emergency Assistance||Extended Warranty Coverage|
|Visa Signature Concierge|
More information about the Bullion Card from APMEX, including the waitlist, can be found here.