SD Bullion Reviews: Pros, Cons, All the Details

Disclaimer: The owners of this website may be paid to recommend Goldco or other companies. The content of this website, including any positive reviews of Goldco & other reviews, may not be neutral or independent. We may receive a commission from the companies we recommend. The content of this site is informational in nature and should not be relied upon without consulting an investment professional.

Last Updated: June 11, 2024

SD Bullion is a well-known precious metals dealer that has been around for years. The precious metals company was founded by two doctors who were interested in precious metal investments.

Before you work with the company, you need to read SD Bullion reviews to determine if they are the best company to help you with your precious metals investments.

At Barcode of Life, we understand the importance of your financial decisions and the trust you have in our information. We conduct in-depth research on every company we review, including their reputation, product offerings, and history. Our goal is to provide you with reliable, comprehensive information so you can make confident choices.

We hold a skeptical view of banks, the monetary system, and politicians, recognizing that these entities often cater more to the wealthy than everyday investors. Therefore, we strongly advocate for individuals to have greater control over their own finances, firmly believing that they should have the power to make decisions about their money, reducing dependence on institutions and politicians.

The #1 ranked gold investment company has agreed to give our readers a FREE gold kit at no cost, until June 23, 2024. If you are even thinking about investing in gold, you need to request this kit.
 
Check out our best gold IRA companies list for 2024.

See How Smart Americans are Protecting Their Savings & Retirement

Key Takeaways

What Is SD Bullion?

SD Bullion is a precious metals dealer that promises to offer the lowest prices on gold, silver, platinum, and palladium. The company's president is Tyler Wall, and they seek to offer educational and IRA services through partnered custodians.

Products and Services

SD Bullion offers many gold, silver, platinum, and palladium coins and bars. The following are some of the top products on the SD Bullion website.

Use the tabs at the top and add items to your cart if you want to shop for gold and silver.

What Do the Reviews Say About SD Bullion Customer Service?

Reading SD Bullion reviews is critical for learning about the company and what you can expect. Some customers are very pleased with SD Bullion's services, while other customers complain.

We want you to understand why customers are happy or complaining to help you choose wisely. How many customers have given SD Bullion 5 stars?

Best Alternatives to SD Bullion in 2024

Best Overall
9.7

Bar Code Score Card ™

5/5
Goldco
Excellent customer service from precious metals experts.
Best For Service
9.4

Bar Code Score Card ™

5/5
American Hartford Gold
5 Star customer service, easy to work with, and a low price guarantee.
Best For Education
8.9

Bar Code Score Card ™

4.5/5
Augusta Precious Metals
Earned best overall gold IRA company of 2022 by Investopedia's most transparent.

Better Business Bureau

We rely on the BBB to give us factual information on companies. They offer a platform allowing customers to voice their opinions and complaints. SD Bullion has been accredited since 2014 and has an A+ rating.

The company has 4.79 stars out of 5 stars based on 1,340 customer reviews. Although customers have given the company 5 stars, there have been a lot of complaints. We have never seen so many complaints when reviewing gold dealers.

The dealer has had 135 customer complaints closed in the last three years and 56 in the last year. The following are the subjects of the complaints.

Trustpilot

SD Bullion has a great rating on Trustpilot, with 4.1 stars out of five. There are many reviews with 5 stars, but there are also negative ones that include the following:

Does SD Bullion Partner with Custodians for Precious Metals?

SD Bullion partners with a few IRA custodians who can help you invest in gold and silver. Their preferred custodian is New Direction Trust Company, but they also have partnerships with Provident Trust, Kingdom Trust, GoldStar Trust, Equity Institutional, and the Entrust Group.

pros & Cons

We like to weigh the good and the bad when considering companies. We have compiled these pros vs. cons to help you understand what you can expect from SD Bullion and its services.

Pros

Cons

Is SD Bullion a Scam?

SD Bullion is not a scam. The company has been in operation since 2012 and has many satisfied customers, though they have customer complaints that have caused problems with their reputation in the precious metals industry.

Fee Information

The company claims to offer the lowest prices in the precious metals industry. They guarantee they will match their competitors' prices. Flash sales are not included in the guarantee.

The company does not charge account setup fees or annual fees, though you will incur costs for the custodian you select to handle your precious metals.

Storage fees with SD Storage are $9.99 a month. You will also be charged an annual rate based on the amount and type of precious metals you store.

How to Get Started with SD Bullion?

Getting started with this company is not challenging. You must complete the online form and provide your name and other information. Click on “Create an Account” to get started.

To invest in precious metals with a gold IRA, you must go through three steps to start with SD Bullion and its partnered custodians.

  1. Call SD Bullion and speak to an IRA specialist about rolling over funds from your existing retirement account or opening a new gold IRA. You will need to choose a custodian to help you. SD Bullion recommends the New Direction Trust Company, though you can select any custodian you prefer.
  2. You will need to fund your precious metal IRAs. Your chosen custodian will perform much of the work, but you will need to sign some paperwork to secure the transfer of your funds so you can begin investing in gold, silver, and platinum.
  3. You must purchase gold, silver, platinum, or palladium for your IRA. Your gold must be stored in an approved depository like SD Storage or the Delaware Depository.

Are There Any Possible Alternatives to SD Bullion?

There are many alternatives to SD Bullion. We recommend you research carefully to learn about your options. Compare companies and know what customers say about the operations before you get on board and purchase gold.

We invite you to use our comparison chart to compare the various gold companies that can help you invest in metals. We have also posted multiple reviews of the top companies in the industry to help our readers understand their options.

What Do We Think About SD Bullion?

SD Bullion is a decent company that started with a stellar record. Even though they have maintained a good rating with Trustpilot and the BBB, many customer complaints keep coming in.

We encourage you to weigh the number of customers leaving 5 stars to those leaving negative reviews. Although we cannot recommend the company to our readers, we encourage you to proceed cautiously if you decide to give them a try and invest in gold.

Recognizing that banks often serve the interests of the wealthy rather than everyday investors, we approach banks, the monetary system, and politicians with skepticism. We strongly believe that individuals should have greater power over their finances, empowering them to make decisions about their money independently and reducing reliance on institutions and politicians.

The #1 ranked gold investment company has agreed to give our readers a FREE gold kit at no cost, until June 23, 2024. If you are even thinking about investing in gold, you need to request this kit.   

See How Smart Americans are Protecting Their Savings & Retirement

Top Rated Gold & Silver Companies in 2024
Best Overall
9.7

Bar Code Score Card ™

5/5
Goldco
Excellent customer service from precious metals experts.
Best For Service
9.4

Bar Code Score Card ™

5/5
American Hartford Gold
5 Star customer service, easy to work with, and a low price guarantee.
Best For Education
8.9

Bar Code Score Card ™

4.5/5
Augusta Precious Metals
Earned best overall gold IRA company of 2022 by Investopedia's most transparent.
4
7.9

Bar Code Score Card ™

4/5
Birch Gold
High level of customer service and a solid reputation
5
7.0

Bar Code Score Card ™

4/5
Noble Gold
High level of customer service and a solid reputation