SD Bullion Review 2024 | Fees, Complaints & More

Smart investors often look for new opportunities to diversify their holdings. However, choosing a business you can entrust with your hard-earned savings can be challenging. 

This review focuses on whether investing with SD Bullion can enhance your portfolio.

What is SD Bullion?

Since its establishment in 2012, SD Bullion has offered gold, silver, and platinum in the form of bars and coins, generating over $157 million in annual returns and sold over $1 billion in precious metals.

Controlled and managed by the same people who founded the Silver Doctors Network, SD Bullion ranks 177 on the list of the 5000 US companies with the fastest growth rates.

Before we continue...

We have worked very hard to review, research and reveal the most important pieces of information that investors need to know before investing their money. We have been able to narrow a list down to the top 5 gold IRA companies.

I recommend you check the list before proceeding with any IRA transfer.

Quick answer: Augusta Precious Metals is our #1 recommendation for multiple reasons, including their
A+ BBB rating, thousands of top rankings, and Money magazine’s selection of them as “Best Gold IRA Company.” PLUS, they will pay all custodial and storage fees for up to 10 years!

SD Bullion Reviews 

  • BBB Rating: A+
  • BBB Complaints: 92 complaints closed in last 3 years 
  • Trustpilot ⭐⭐⭐⭐⭐ (4.5/5) Based on 2,133 reviews
  • Facebook: 9,803 likes 
  • YouTube: 49.3K subscribers
  • Twitter: 3,716 followers 
  • What does SD Bullion offer?

    SD Bullion offers a variety of bullion and accessories:

    Gold

    Take a look at Chinese Pandas, Canadian Maples, European Gold, and Mexican Libertads, as well as American Eagles and gold bars weighing between 1 kg and 1 g.

    Silver

    Check out silver from 1g to 1oz in weight and includes rounds, coins, currencies, and bullets.

    Copper

    The range includes Silver Shields, Morgan Dollars, Peace Dollars, Lincoln Busts, and other coins.

    Platinum

    Platinum coins range from 10oz to 1g, platinum Eagles, platinum bars from around the world, and platinum Maples are available.

    Palladium

    The products include Eagles, Maples, and Palladium bars varying from 1oz to 1g.

    Accessories

    They also sell coin magnifiers, storage boxes, cleaners, and airtight containers.

    Gold Bars

    Gold bars are a fantastic alternative investment instead of buying actual gold. SD Bullion lists a number of the gold bars currently in stock, including the 1oz Royal Canadian Mint Gold Bar, Istanbul Gold refinery Bar, Valcambi Gold Bar, Lady Fortuna Gold Bar, Pamp Suisse Bar Of gold, James Bond Diamonds are Forever Gold Bar, Perth Mint Gold Bar, and more.

    Silver Bars

    These are available in weights of 1oz, 5oz, 10oz, kilo, 100oz, and 1000oz. You’re assured of getting quality bars, as SD Bullion only works with reputable mints.

    Steps to purchase from SD Bullion

    The bullion selection on the SD Bullion website is arranged in sections from across the top. Buying involves the following steps:

    • Step 1:

      Locate the item you want to purchase, indicate how much you want, and then put it in your shopping basket.

    • Step 2: 
      Put your email and shipping addresses in the fields on the checkout page.
    • Step 3: 

      Pick a delivery or shipping method.

    • Step 4: 
      Type in your payment details.
    • Step 5: 
      Verify your purchasing order.

    Three simple steps to create an SD Bullion Gold IRA

    SD Bullion allows you to invest in a gold IRA to protect your future. Most precious metals IRAs are gold or silver. It’s also possible to use platinum, palladium, and copper.  

    You can create a precious metals IRA in three easy steps:

    Create a Self-directed IRA account

    Filling out paperwork, responding to inquiries, and completing forms related to account opening may be part of this initial phase. In addition, you need to choose a custodian. If you don't already have one, the company's IRA specialists will assist you in picking a reliable custodian.

    Fill the IRA with money

    The next step is funding your self-directed IRA account after you have opened it. You can choose to roll over money from an existing retirement account, like a 401k account, or you can fund your account directly. In this approach, your chosen custodian will guide you through the initial process.

    Purchase the Precious Metals Approved for IRAs

    Once you fill your account, the final step is to buy precious metals for your self-directed IRA account since you are now qualified. You can pick from many IRA-eligible bullion options provided by SD Bullion.

    After paying for the transaction with the assistance of your custodian, you can contact the bullion provider and request them to send the precious metals to your IRA account to clinch the deal. At this time, we advise caution. You will need to select a reliable dealer, which is where SD Bullion comes in to assist you.

    Custodians

    Among the custodians of SD Bullion are:

    • Goldstar Trust
    • New direction IRA
    • Kingdom Trust
    • Provident Trust
    • The Entrust Group
    • Equity Institutional

    Do your own research on each custodian in terms of their fees and other factors. Pick the ideal custodian based on your preference and needs.

    Opening an account with SD Bullion is easy. The company's professionals are always available to give you all the help and answer your inquiries.

    Selling to SD Bullion

    SD Bullion offers palladium, platinum, silver, and gold for sale. This is how the selling transaction goes:

    • Step 1:

      Contact their customer care to check the buyback price.

    • Step 2: 
      When you receive a buy order, print it out and include it with your shipment. Lastly, deliver the package.
    • Step 3:

      Once SD Bullion has taken custody of the item, you can anticipate payment within 24 to 72 business hours.

    Rates and Fees

    SD Bullion has no additional processing fees or commissions. 

    You need suitable and safe storage services if you plan to purchase physical gold or any other precious metals. Security is guaranteed when precious metals are stored with SD Depository for as little as $9.99 per month.

    The following are the physical bullion depository fees: 

    Metal Rate annually.

    • Gold: 0.29%
    • Silver: 0.39%
    • Platinum: 0.29%

    Shipping and insurance are free for all orders above $199. A flat amount of $9.95 is charged for shipping and insurance on any order that is $199 or less.

    Repayments Terms

    SD Bullion must receive the remaining funds within ten business days. SD Bullion retains the right to submit client accounts to "collections" to recover cancellation fees if they do not receive a payment within this time limit.

    Pros & Cons

    Pros

    • Lower precious metals prices. They have silver and gold that are IRA-eligible.
    • A committed and enthusiastic team.
    • Several precious metals investment choices are available.
    • No additional commissions or processing fees for purchases.
    • Supplies to many places across the world.
    • Stellar online consumer reputation on the BBB and Trustpilot.
    • You can sell your precious metals to the company through a buyback commitment.

    Cons

    • Like other precious metals dealers, SD Bullion metal prices fluctuate.
    • Support staff only available during regular business hours on weekdays.
    • If you don't pay for an order within the allotted period, SD Bullion may charge you between 3% and 5% to cancel.
    • You pay a 3% to 5% restocking fee if you need to return an order.

    FAQs

    Will SD Bullion accept a return?

    The company does accept returns, but money-back guarantees are not advisable. After delivery, you have three business days to contact a representative to initiate a return. If SD Bullion accepts your request for a return, it makes the decision.

    Supposing your return gets approved, you'll need to pay for shipping to get the item back to SD Bullion in the same condition you received it. You will also be required to pay SD Bullion's market loss expenses.

    Depending on how you pay, it assesses a stocking fee of 3% for all other payments and 5% for credit cards or PayPal.

    What if something is missing or damaged from my package?

    Take pictures of the entire shipment, its contents, the shipping label, and the invoice before contacting SD Bullion. Get in touch with them within 3 business days if your package contains lost or missing products. Do not throw away any of the packaging, as the contents may be unintentionally disposed as well. The company assures customers that an internal investigation will be conducted.

    How long will it be until my order comes after I have tracking?

    After the date of shipment, it usually takes 5 to 10 business days for items to arrive. Transportation duration varies depending on the service selected and operational delays like holidays, inclement weather, or unforeseen circumstances. You can contact SD Bullion if the tracking information isn't updated after 10 working days.

    Is SD Bullion a secure place for your money?

    SD Bullion uses SSL encryption and holds a DigiCert license. The management of confidential payment information is handled by Authorize.Net, a PCI-compliant payment gateway.

    All outbound orders are covered by the company's value guarantee and come with tracking information.

    How do you change the order?

    An order cannot be changed once it is confirmed. If you wish to cancel your order, get in touch with SD Bullion customer support. Keep in mind that there will be costs involved if you cancel your order.

    About the author Greg Lorenzo

    Greg is a financial expert who has been advising his audience on loans for over 10 years. He has a wealth of knowledge and experience in the area, and he is passionate about helping people get the best possible deal on their loans. Greg is an expert in negotiating loans, and he has a proven track record of getting his clients the best possible terms. He is also a strong advocate for financial literacy, and he regularly gives workshops and seminars on the topic.

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