TallyMoney: save & spend gold

3.7
380 reviews
50K+
Downloads
Content rating
Everyone
Screenshot image
Screenshot image
Screenshot image
Screenshot image
Screenshot image
Screenshot image
Screenshot image

About this app

TallyMoney offers the world’s first non-fiat personal account featuring money backed by physical gold to protect the long-term value of your savings.

With a one-off activation fee of £19, you get access to cutting-edge technology that turns your gold into spendable money.

WHY GOLD?

With the dismal interest being paid on most savings accounts, you may as well keep your money in a piggy bank. But even a piggy bank can’t stop your money from losing value through inflation.

Every time the government creates more fiat currency (i.e. pounds), your money silently loses value. It’s silent because you don’t see your bank balance going down; you’re just able to buy less with your savings in future, as inflation devalues the pound and drives up the price of goods and services.


Because gold is a physical asset, it cannot be devalued by artificially increasing supply. And whilst the value of gold does fluctuate (up and down), historically, its value has increased over time, making it ideal for savers.


EVERYDAY ACCOUNT

Using tally is like using a foreign currency at home (without the fees and charges), but with the knowledge that it’s a better currency than the one you were previously forced to use (pounds).

Whenever fiat currency is transferred into your TallyMoney Everyday Account, those funds are instantly converted into tally. Each tally represents 1mg of physical LBMA-accredited gold purchased on your behalf at the precise moment the funds are received.

Every time you withdraw cash, transfer money out or make a purchase using the app or TallyMoney Debit Mastercard®, the corresponding tally is deducted from your balance, and the related LBMA-accredited gold is sold on your behalf.

Your balance is displayed in tally but also shows you the live exchange rate (i.e. what your tally is worth in pounds). As with any foreign exchange comparison, the pound value shown in your account will fluctuate daily in line with the global gold price.

WHY TALLYMONEY?

PEACE OF MIND Tally is not debt-based money. Your money is never invested or leveraged to create new loans that can be defaulted on.

CONTROL Because your money is tied to a physical asset outside the global banking system, no government or bank has use of your money or the ability to restrict your access. It’s safe, secure, and in your control.

FREEDOM Tally is a global currency with no added foreign exchange fees or markups. And we don’t charge for ATM withdrawals, even when travelling abroad.

CONFIDENCE Tally is LBMA-approved gold converted from/to fiat currency at the global gold wholesale price, regardless of transaction size. There are no added markups, fees or minimum quantities.

CLARITY There are no hidden fees. We charge a one-off account activation fee of £19 and an annual account-keeping fee of 0.9% of your average balance (calculated daily, charged monthly) to cover storage, insurance, and operational costs.

MAKE THE CHANGE

To open an account, simply download TallyMoney and have your photo ID ready. Once you’ve been approved for an account, pay your activation fee before making your first deposit from a non-TallyMoney account (in your name) into your TallyMoney Everyday Account!

Find out more at www.tallymoney.com or via support@tallymoney.com

Mastercard is a registered trademark and the circles design is a trademark of Mastercard International Incorporated. This card is issued by Transact Payments Limited pursuant to licence by Mastercard International Incorporated. Transact Payments Limited is authorised and regulated by the Gibraltar Financial Services Commission. Your Mastercard is now welcomed at millions of locations worldwide.
Updated on
Apr 22, 2024

Data safety

Safety starts with understanding how developers collect and share your data. Data privacy and security practices may vary based on your use, region, and age. The developer provided this information and may update it over time.
No data shared with third parties
Learn more about how developers declare sharing
This app may collect these data types
Personal info, Photos and videos, and Device or other IDs
Data is encrypted in transit

Ratings and reviews

3.7
380 reviews
Martin Guest
February 17, 2021
Perfect for what I need, a very cheap way to hold gold and spend it if I want with the debit card. The only thing that would be a bonus addition to the site is a tally chart, showing the price history. This way you could set alerts/notifications for price changes as it's not a normal bank account, it would help you monitor your balance. Good work keep it up.
64 people found this review helpful
TallyMoney Ltd
May 26, 2021
Thank you for your feedback, Martin. We have a chart in the app if you go to "Getting Started with Tally" and then "See how Tally holds its value over time", if you have any other suggestions please do share these with us at support@tallymoney.com.
Google User
January 16, 2023
Working well so far, however the UI needs updating, when I login I want to see if I am in the green or red in terms of amount deposited and current value, at the moment I have to add up all the deposits and then look at the current value. I don't use it for everyday spending... The historic chart for gold price needs vast improvement, it looks like its from windows 3.1, it would be good if the chart shows you the price, since you opened your account. I've no interest in the gold price 10 Yr ago
8 people found this review helpful
TallyMoney Ltd
January 16, 2023
Hi there, thanks for the 5 stars! We've forwarded your feedback to the team. Thank you for taking the time to send us your suggestions! Team Tally
Chewy
December 9, 2023
App itself is fine, but the card they send you is temperamental at best. Mine only works half the time, only works in certain atm/card reading machines, not reliable at all
3 people found this review helpful

What's new

- Transaction Enrichment
- Enable 3ds redirection
- Security enhancements