# Account Charges **URL:** \ **Category:** General Discussion\ **Created:** [22 August 2023 13:37 UTC](https://community.tallymoney.com/t/account-charges/1805 "2023-08-22T13:37:37Z")\ **Posts on this page:** 16\ **Page:** 1
**Author:** ![KendalCake](https://yyz2.discourse-cdn.com/flex030/user_avatar/community.tallymoney.com/kendalcake/32/614_2.png) [@KendalCake](https://community.tallymoney.com/u/KendalCake)\ **Post date:** [22 August 2023 13:37 UTC](https://community.tallymoney.com/t/account-charges/1805/1 "2023-08-22T13:37:37Z")
I love the idea of Tally so have signed up - but as I’m on a very low income (poor pension, long story) and have two more years to wait until I get my State Pension, I’m a bit concerned about account charges. If I put some savings of say £1000 into Tally (for a starter), will that mean I will be charged £9 a month? (It says fees of 0.9% each month?) I get why charges are made, but every penny counts for me at the moment, so am just weighing up if it’s better to keep in an ISA or transfer over to Tally? I’m a bit of a dimwit when it comes to these things, but I’m so fed up of the banks a “parallel” system is very appealing and I’d love to support it and benefit from it. ---
**Author:** ![Andy](https://avatars.discourse-cdn.com/v4/letter/a/aeb1de/32.png) [@Andy](https://community.tallymoney.com/u/Andy)\ **Post date:** [22 August 2023 15:55 UTC](https://community.tallymoney.com/t/account-charges/1805/2 "2023-08-22T15:55:11Z")
Hi, not £9 per month. £9 per year ÷ by 12 so about 75p a month. ---
**Author:** ![Andy](https://avatars.discourse-cdn.com/v4/letter/a/aeb1de/32.png) [@Andy](https://community.tallymoney.com/u/Andy)\ **Post date:** [22 August 2023 15:55 UTC](https://community.tallymoney.com/t/account-charges/1805/3 "2023-08-22T15:55:49Z")
How much does it cost to have a Tally Account? Tally’s fee structure is simple. There’s a one-off account activation fee of £19 and an account keeping fee of 0.9% p.a. (calculated daily, charged monthly) to cover the ongoing operational costs associated with tying your physical gold to your digital currency. And that’s it. No transaction costs, no added foreign exchange markups when travelling abroad, and no fees for withdrawing cash using your Tally Debit Mastercard anywhere in the world. ---
**Author:** ![kris-tally](https://yyz2.discourse-cdn.com/flex030/user_avatar/community.tallymoney.com/kris-tally/32/172_2.png) [@kris-tally](https://community.tallymoney.com/u/kris-tally)\ **Post date:** [22 August 2023 16:15 UTC](https://community.tallymoney.com/t/account-charges/1805/4 "2023-08-22T16:15:33Z")
@KendalCake @Andy thank you for clarifying this. The fee is 0.9% per year, that amount would be the same if the gold price did not change and you held £1000 each month but remember that Tally is backed by physical gold so the value in GBP will go up and down. If you would like to discuss this in more detail please reach out to [support@tallymoney.com](mailto:support@tallymoney.com) and we can organise for a member of the team to call you. ---
**Author:** ![JonnyE](https://yyz2.discourse-cdn.com/flex030/user_avatar/community.tallymoney.com/jonnye/32/763_2.png) [@JonnyE](https://community.tallymoney.com/u/JonnyE)\ **Post date:** [22 August 2023 16:53 UTC](https://community.tallymoney.com/t/account-charges/1805/5 "2023-08-22T16:53:16Z")
@KendalCake I dont know if you’re talking about a cash and share ISA or just a cash ISA, if you’re using a cash ISA you can visit this site and adjust to your own yearly deposits, which shows the comparison between holding your savings in a NS&I tax free cash ISA compared to holding gold. Based on all historical figures taken from NS&I, government inflation figures and historical gold prices in £’s It’s a historical view which doesn’t mean it will be the same in the future, but it might help you decide when you’ve seen the difference between the two. > **[Compare the benefits of buying Gold to saving in a UK Tax free cash ISA...](https://remembergold.com/gold-vs-tax-free-cash-isa-savings-comparison-calculator/)** > > Compare your Tax Free savings ISA with saving in Gold over the same period. ISA savings are still destroyed by inflation. ---
**Author:** ![KendalCake](https://yyz2.discourse-cdn.com/flex030/user_avatar/community.tallymoney.com/kendalcake/32/614_2.png) [@KendalCake](https://community.tallymoney.com/u/KendalCake)\ **Post date:** [22 August 2023 17:43 UTC](https://community.tallymoney.com/t/account-charges/1805/6 "2023-08-22T17:43:02Z")
Oh how funny that made me laugh, I told you I was a dimwit!! £9 a year not a month! 😂 🤣 That’s great, I can afford that. ---
**Author:** ![KendalCake](https://yyz2.discourse-cdn.com/flex030/user_avatar/community.tallymoney.com/kendalcake/32/614_2.png) [@KendalCake](https://community.tallymoney.com/u/KendalCake)\ **Post date:** [22 August 2023 17:45 UTC](https://community.tallymoney.com/t/account-charges/1805/7 "2023-08-22T17:45:17Z")
OK thank you, I’m not quite with you there, so I might just do that, it’s just so hard having to be aware of costs, but it would be good to understand more. ---
**Author:** ![JonnyE](https://yyz2.discourse-cdn.com/flex030/user_avatar/community.tallymoney.com/jonnye/32/763_2.png) [@JonnyE](https://community.tallymoney.com/u/JonnyE)\ **Post date:** [2 September 2023 12:46 UTC](https://community.tallymoney.com/t/account-charges/1805/8 "2023-09-02T12:46:40Z")
The phone pouch works a treat 😁 ![IMG_20230902_120753](https://canada1.discourse-cdn.com/flex030/uploads/tallytest/original/1X/322fc15be96176fcd4bb08955b46c1a1ae77198c.jpeg) ---
**Author:** ![kris-tally](https://yyz2.discourse-cdn.com/flex030/user_avatar/community.tallymoney.com/kris-tally/32/172_2.png) [@kris-tally](https://community.tallymoney.com/u/kris-tally)\ **Post date:** [4 September 2023 09:23 UTC](https://community.tallymoney.com/t/account-charges/1805/9 "2023-09-04T09:23:49Z")
Glad to hear the pouch worked well @JonnyE and thank you for sharing the image. ---
**Author:** ![Rob](https://avatars.discourse-cdn.com/v4/letter/r/838e76/32.png) [@Rob](https://community.tallymoney.com/u/Rob)\ **Post date:** [4 September 2023 10:27 UTC](https://community.tallymoney.com/t/account-charges/1805/10 "2023-09-04T10:27:35Z")
Are they up for grabs anywhere @kris-tally? ---
**Author:** ![JonnyE](https://yyz2.discourse-cdn.com/flex030/user_avatar/community.tallymoney.com/jonnye/32/763_2.png) [@JonnyE](https://community.tallymoney.com/u/JonnyE)\ **Post date:** [6 September 2023 09:29 UTC](https://community.tallymoney.com/t/account-charges/1805/11 "2023-09-06T09:29:23Z")
@Rob I had an email come through from tally a few weeks back about the phone pouch. Much like the umbrella before it. ---
**Author:** ![Rob](https://avatars.discourse-cdn.com/v4/letter/r/838e76/32.png) [@Rob](https://community.tallymoney.com/u/Rob)\ **Post date:** [6 September 2023 11:13 UTC](https://community.tallymoney.com/t/account-charges/1805/12 "2023-09-06T11:13:35Z")
Thanks for the reply @JonnyE. Must only be available to select clientele:) ---
**Author:** ![JonnyE](https://yyz2.discourse-cdn.com/flex030/user_avatar/community.tallymoney.com/jonnye/32/763_2.png) [@JonnyE](https://community.tallymoney.com/u/JonnyE)\ **Post date:** [6 September 2023 15:21 UTC](https://community.tallymoney.com/t/account-charges/1805/13 "2023-09-06T15:21:13Z")
@Rob They must have me on the wrong list then haha ---
**Author:** ![kris-tally](https://yyz2.discourse-cdn.com/flex030/user_avatar/community.tallymoney.com/kris-tally/32/172_2.png) [@kris-tally](https://community.tallymoney.com/u/kris-tally)\ **Post date:** [6 September 2023 15:29 UTC](https://community.tallymoney.com/t/account-charges/1805/14 "2023-09-06T15:29:04Z")
If you can come in to support via the in-app chat I will see what can be done for you. ---
**Author:** ![JonnyE](https://yyz2.discourse-cdn.com/flex030/user_avatar/community.tallymoney.com/jonnye/32/763_2.png) [@JonnyE](https://community.tallymoney.com/u/JonnyE)\ **Post date:** [19 September 2023 11:10 UTC](https://community.tallymoney.com/t/account-charges/1805/15 "2023-09-19T11:10:47Z")
@kris-tally Hi Kris, I send an email to [support@tallymoney.com](mailto:support@tallymoney.com) regarding my incomplete statement but didn’t get the usual confirmation bounce back, did tally get the email? ---
**Author:** ![kris-tally](https://yyz2.discourse-cdn.com/flex030/user_avatar/community.tallymoney.com/kris-tally/32/172_2.png) [@kris-tally](https://community.tallymoney.com/u/kris-tally)\ **Post date:** [19 September 2023 12:09 UTC](https://community.tallymoney.com/t/account-charges/1805/16 "2023-09-19T12:09:19Z")
@JonnyE Yes I can see your email has been picked up and raised with the team about your questions. As for the acknowledgement, I am looking into it as this should have been sent when it arrived with us.