Digital gold through CC and 13.33% returns

[phildunphy]

SALT (https://app.salt.one/home) is running 10% reward of 300Rs if you buy digital gold of 3000.
They aren’t actively running advertisements, heard chatter on twitter, hence posting it here.

They are funded by same Venture Capital which CheQ is funded.

Plus only platform where you can buy through Credit card (that’s 1.5-3.33% extra reward)

Blended one can get upto 13.33% returns in single transaction of 3000. Not bad







Good for credit card milestones too since MCC is not Wallet/Rent. It’s digital goods and sometimes Utilities depending on payment gateway.

Edit 1: Just checked with Customer support, apparently its open for everyone only post Saturday but seems like they did not fix it on app, so everyone is getting 300Rs for 3000Rs gold.
Post Saturday everyone will see in-app banner etc. But can buy and get reward today itself.

Edit 2: @Pravnz helped realise 2% for CC transactions.
Not recommended unless there is 10% rewards like next 3 days, or if you have Infinia or Reserve/Magnus

 

[Walter White]

Hey can anyone know how many days it will take to sales proceed to credit in our bank account

4 days

 

[phagocyte536]

People, be cautious. Digital gold isn't well regulated. If discount is what attracts you, SGB in secondary market is always available at 10%+ discount at its fair price.

 

[vinodkugsiya54]

Hey
Any one know whether we will get 200 gold by purchasing gold of RS 2000 again even if we purchased it in last weak

 

[beingmohit]

Hey
Any one know whether we will get 200 gold by purchasing gold of RS 2000 again even if we purchased it in last weak

Yeah, I got it again today. I guess as long as the offer banner is visible, you will get it

 

[brightknight]

This platform has high variation between buy/sell prices.

 

[hellobois]

This platform has high variation between buy/sell prices.

That's their profit. For 2000 purchase you will get around 2.5% as profit and rest based on your payment method. Like for rupay UPI you may get upto 1.5% extra.

 

[phildunphy]

This platform has high variation between buy/sell prices.

Thats basically every digital gold platform unfortunately, equivalent to buy/sell offline with making charges basically.




Even in paytm this happens

 

[vinodkugsiya54]

Hey I sale my gold on 10.05.2023
But I didn't receive my sale proceed yet
Any one also encountered same error
As 4 days passed

 

[phildunphy]

Hey I sale my gold on 10.05.2023
But I didn't receive my sale proceed yet
Any one also encountered same error
As 4 days passed

4 working days it took for me, so it should be done by tomorrow

 

[chandutla]

Yeah, I got it again today. I guess as long as the offer banner is visible, you will get it

NO. Looks only once a week or the next round of offers. Even a banner is present after availing of the offer. When I did it again as the banner is available, no rewards were added for the second time transaction in next day.

 

[hellobois]

NO. Looks only once a week or the next round of offers. Even a banner is present after availing of the offer. When I did it again as the banner is available, no rewards were added for the second time transaction in next day.

so basically we have to purchase in every 15 days to get the offer.

 

[phildunphy]

so basically we have to purchase in every 15 days to get the offer.

Yeah every 2 weeks or some months every week. I keep purchasing every week as investment and mostly i get the 10% upto 100/200/300

 

[hellobois]

Yeah every 2 weeks or some months every week. I keep purchasing every week as investment and mostly i get the 10% upto 100/200/300

Do you keep it or just sell it with immediate gains?

 

[phildunphy]

Do you keep it or just sell it with immediate gains?

I do sell it in a month or two depending on how the gold prices go, but i have been lucky with rising gold prices. I buy keeping in mind in case gold price goes down a bit, i can keep it as investment upto a year since upfront 10% gains i get

 

[agarwalanimesh05]

I think they have blocked credit card transactions now for buying gold

 

[phildunphy]

I think they have blocked credit card transactions now for buying gold

It still works for me

 

[agarwalanimesh05]

It still works for me

I am getting this when trying to pay via credit card

 

[aakashyadava]

I am getting this when trying to pay via credit card

Yes it seems they have disabled credit card transactions. Getting Error "Credit Card transactions are not allowed" after entering credit card details.

 

[brightknight]

has someone availed 200 gold offer on starting SIP?

 

[hellobois]

has someone availed 200 gold offer on starting SIP?

Which app paji?