TallyMoney is a company that offers a new way to save and spend money using a currency that is backed by gold. Tally advertises that their system is a way to “fight inflation” because the value of tally is tied to the price of gold, which historically has increased in value over time.
To open a TallyMoney Account, you must pay a one-time £19 activation fee. Then, you can fund your account with pounds, which are then used to purchase gold that is stored in a vault in Switzerland. Once you have gold in your account, you can spend your tally using a TallyMoney Debit Mastercard, which can be used to make purchases or withdraw cash from ATMs anywhere in the world.
Because the value of tally is tied to the price of gold, it is less likely to lose value over time than traditional currencies, which can be inflated by governments. Your gold is stored in a secure vault in Switzerland, and your TallyMoney account is protected by a number of security measures. You can use your TallyMoney Debit Mastercard to make purchases and withdraw cash anywhere in the world.
TallyMoney is currently available for residents of the following countries:
United Kingdom
24/7 availability- anytime, anywhere
No matter where you are, at home or abroad, you can access your TallyMoney account via the app, check your account balance, control your savings, get customer support, make payments and even freeze your debit card if needed. In addition, get real-time notifications every time you make a transaction, so there won’t be any surprises at the end of the month. No need to make appointments, stand in line and lose working hours to manage your finances.
Get approved fast
Opening an account with TallyMoney is simple, with no lengthy paperwork. Just download the app, prove your identity, top up your account and you’re ready to go. TallyMoney doesn’t require a copy of your credit history to approve your account, meaning you can open an account and get approved in minutes.
Lower fees
Another main reason to use TallyMoney is the low (or no!) fees. TallyMoney has no physical branches, therefore they can offer lower fees than traditional banks – especially when it comes to ATM withdrawals, money exchange/transfer and payments abroad. For example, TallyMoney offers zero fees on all transactions, including purchases made overseas!
Makes traveling easier
TallyMoney = borderless banking. Low/no exchange rates and low/no ATM withdrawal fees worldwide make traveling a whole lot easier (and cheaper) than with traditional banks- especially in the eurozone. And for added safety, freeze or unfreeze your debit card while you travel, directly in the app.
Go paperless
One of the frustrating things about traditional banks is the amount of documents, contracts and letters that are sent to your mailbox. With TallyMoney everything you need is in the app and all communications are sent to your app or your email. Gone are the days of rummaging through piles of paper around your house – and protecting the environment is the cherry on top.
New 8 comparisons for TallyMoney
