Arthur sighed, a sound like dry parchment. "I can take it, son. But you’re not going to like the math." Elias frowned. "Why not?"
"I’m looking for five one-ounce Gold Eagles," Elias said, trying to sound like a seasoned stacker. "And I’d like to put them on my Visa."
"Three reasons," Arthur began, counting on thick fingers. "First, the . My margins on gold are razor-thin. If I run that card, I have to charge you a 3% surcharge just to break even. On five Eagles, that’s hundreds of dollars gone before you even touch the gold." Elias hesitated. That was a lot of reward points burned. can i buy gold coins with a credit card
Elias tucked the credit card back into the dark recesses of his wallet. "Let’s do the check," he said. "I think I’ll stay home this summer and watch the market instead."
The neon sign for "Miller’s Rare Coins" flickered, casting a rhythmic amber glow over Elias as he stood on the sidewalk. In his wallet sat a brand-new rewards card with a crisp $10,000 limit and a hunger for points. His plan was simple: buy gold, pay it off immediately, and fly to Hawaii on the bank’s dime. Arthur sighed, a sound like dry parchment
He pushed open the heavy oak door. The bell chimed, and a man named Arthur looked up from a velvet tray of Sovereigns.
Elias looked at the shiny gold discs in the case, then at the sleek plastic in his hand. The "free" flight was looking more like a luxury-priced anchor. "Is there a better way?" Elias asked. "Why not
"Second," Arthur continued, "most banks don't see this as a 'purchase.' They see it as a . The moment I swipe that, your bank might trigger a 25% interest rate that starts the second you walk out my door. No grace period. No 'pay it off at the end of the month.'" Elias felt the Hawaii sun fading from his imagination.