Digital Silver
At Chards we offer investors an alternative way to invest in silver, with our new digital silver! The two options that we present to our customers are an allocated account account that can be used to buy precious metals. Investors can expect no VAT payable on digital silver. You only pay VAT (if applicable) when exchanging for physical silver.
Add Funds To Account
Use the payment feature below to add a balance to your allocated account. Additionally, below you will have the option to choose from troy ounces or grams as your preferred measurement of the precious metals that you wish to receive in your allocated account.
Investing £50.00 today will allow you to purchase:
2.0066 tr oz of Allocated Digital Silver
Estimate - £10.00 per month (Ex. VAT)
You will be invoiced separately for storage on the 1st of every month - we will keep you up to date via email.
Allocated Silver Account
Invest in silver at a low premium of 1% without incurring the costs of delivery and enjoy the added benefit of no VAT on digital silver. You then have the option to use the balance on your account to fund a future purchase or sell the balance back to us (please note storage fees apply for allocated silver). If you wish to convert to the allocated metal to physical metals we will refund the initial 1% premium enabling you to purchase the physical metals at the live premium on the website. If you choose to sell your digital silver to us instead, we offer to buy back at the live rate on any given day.
Advice Disclaimer
We are not financial advisers, and we would always recommend that you consult a financial professional before making any large purchases. We can only give advice on our best deals and any information on our services. It is your decision as to which purchase is suitable for your budget and portfolio. We cannot predict with any certainty what silver, gold or any other commodity or currency will do over any length of time and neither can anyone else! Because of this, we tend to avoid giving any definitive advice or strong opinion. There are some areas where we have considerable experience and feel we can safely give our thoughts. Some of it may appear obvious but we often find ourselves repeating it.
If you are unsure which one is best for you, please call our customer service team on 01253 343081
*N.B. Transferring from digital bullion to physical bullion or back in to cash is classed as a "disposal" and is therefore liable for capital gains tax (CGT).