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Lear Capital Review

Reviews 2,037
Lear Capital
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Lear Capital
Lear Capital
Reviews 2,037
Danielle Greving
Dec. 14, 2023
4 min read
Danielle Greving author image
Lear Capital Summary
Founded in 1997, Lear Capital is a precious metal investment company that allows you to invest in gold and silver via bullions, coins, and IRAs. You can sign up for a precious metal IRA via the company’s website with the option to roll over your existing IRA into your Lear Capital account. Its website offers comprehensive investor resources, including price charts and a precious metal encyclopedia.


  • Easy online-account setup
  • Zero-fee buyback program
  • Smooth and timely transaction process


  • $200 annual fee
  • Minimum purchase requirement

Lear Capital at a glance

Editorial score

Years in Business

20+ years

Minimum IRA Investment

$10,000 or less


Gold, silver, & platinum; physical assets & IRAs

Customer Service

Phone with days & hours listed, plus online form and email

Online Experience

User-friendly signup process and free investor kit offered

Lear Capital Lear Capital Visit Site

Lear Capital in a Nutshell

Years in Business

26 (founded in 1997)

Minimum IRA Investment



  • $200 annual fee that covers insurance, storage, and 24/7 account access

  • $280 fee for the first year of account 

Services Offered

  • Gold and silver IRAs

  • Investor resources 

  • Physical gold and silver purchasing 

Suitable for

  • Those looking to invest $7,500 or more in a self-directed precious metal IRA

Online Experience

  • Comprehensive precious metal encyclopedia

  • Transparent rates

  • Investor resource section with news and market charts

  • Mobile app with real-time commodity spot prices 


Lear Capital is a precious metal investments company founded in 1997. The company has a AAA rating with the Consumer Business Alliance. It’s also a Professional Coin Grading Service authorized dealer, which means it guarantees authenticity and grading accuracy. Lear Capital has a score of 4.9/5 on Trustpilot with over 1,000 reviews, and an A+ rating with the Better Business Bureau. 

This established investment company sells bullion and premium rare coins and offers precious metal IRAs. For those purchasing physical gold or silver, Lear Capital offers a storage facility. When setting up an IRA, you have the option to roll over your previous IRA into your new account. Lear Capital also has a referral program that allows you and the person you referred to earn a 1.5 oz silver coin. Plus, its app enables you to easily check and manage your portfolio. 

Suitable For?

Lear Capital is suitable for anyone who has at least $7,500 to put toward an IRA, though the company occasionally offers “specials” where you can open an account with less money. Applying for an IRA with Lear Capital only takes about 10 minutes, so it’s also an excellent choice for those who want an easy and seamless setup process. 

All of Lear Capital’s precious metals are stored in the Delaware Depository, making it a secure option for storing your assets. 

The company’s website offers comprehensive learning resources. This makes Lear Capital suitable for those looking to learn about precious metals and closely track the performance of their assets. When you open an IRA, you will be assigned a personal representative who can answer any questions you have regarding your account. 

Terms and Fees 

Lear Capital charges a $280 one-time payment for your first year, which covers account setup and maintenance. Thereafter, you’ll pay a $200 annual fee for your self-directed IRA. 

You may receive a fee waiver depending on how much money you put in your IRA. Here are the details.

Initial Amount in AccountFee Waiver 


First year


First two years 


First three years 

How It Works

To get started, head to the IRA section on the Lear Capital website and enter your details to apply. Once your account is approved, a customer service representative will help you decide which assets to purchase and roll over your existing IRA, if required.

  1. To open an IRA, you’ll be asked to fill out a form with some basic information, including your name, address, email address, and phone number. 
  2. After submitting your basic info, you’ll be given a customer service representative, who will contact you to confirm your identity and help you complete the rest of the application. This part should take no more than 10 minutes. 
  3. Upon receipt, your application will be processed and your account will be opened within 24 business hours. 
  4. Once your account has been opened, your representative will help you roll over your old IRA into your new one. They will also help you choose the right asset to purchase for your IRA. Lear Capital provides clear descriptions with pictures of the precious metals available. Keep in mind that the website displays prices in real-time, so you may see fluctuations throughout the day. 
  5. Once you select an option and are ready to check out, the price will lock and you’ll have 10 minutes to complete your order before the price is open to change again. 

Lear Capital offers a price match guarantee. After you purchase precious metals from the company, you’ll be sent an invoice. You’ll be given 24 hours to look it over and research if you could’ve purchased the metals at a better price. If you find a lower price, Lear Capital will match or beat it. If the price can’t be matched or beaten, you can cancel the transaction at no extra cost. 

Help & Support

Lear Capital offers support via phone and fax from 9am to 6pm PST.

  • Phone: 1-800-576-9355
  • Fax: 1-310-571-0194

Its high scores on Trustpilot and the BBB show that Lear Capital is highly regarded for its customer service, and its website backs that up. It has a robust FAQ page and offers two investor guides that you can receive via email. One guide walks you through the details of precious metal investing and the other covers setting up and maintaining your gold IRA retirement account. 

There’s also a free newsletter that includes market insights and special offers, plus a news section and price chart—both of which can be viewed for free on the website. 


Does opening a precious metal IRA with Lear Capital mean you actually own physical metal or is it just a certificate?
Opening a precious metal IRA with Lear Capital means you actually own physical precious metal, which is stored at a secure, IRS-approved facility. 

How do I roll over another retirement account into my precious metal IRA?
There are several options for rolling over another retirement account into your precious metal IRA. However, the process can be quite complicated, which is why Lear Capital offers personal representatives to help you choose a rollover method and get the money switched over. 

How long does it take to set up a Lear Capital precious metal IRA?
It takes around one business day to open a precious metals IRA and receive a new IRA number. How long it takes to roll over your retirement account varies and depends on your current IRA custodian. On average, you can transfer your funds within five business days. 

Lear Capital Lear Capital Visit Site


Lear Capital is an excellent option for those looking to open a precious metal IRA or purchase physical gold and silver. Whatever option you choose, your assets will be stored at a secure facility. While the price to set up with Lear Capital can be a bit steep, you’ll get a good discount if you have enough money to put into your account. Signing up for an account is easy and can be done in as little as 10 minutes. Overall, Lear Capital is a great gold investment company for beginners. This is because each client receives a personal customer service representative to help them with account opening and maintenance. 


This review was compiled using information from the Lear Capital website, customer reviews from Trustpilot, and the Better Business Bureau consumer protection site. 

Danielle Greving author image
Written by
Danielle Greving
Danielle is a tech and finance writer with experience in personal finance, cryptocurrency and numerous SaaS companies. Her bylines can be found on MoneyTips, CoinMarketCap, GraniteShares and Top10.com. An avid traveler and former ESL teacher, Danielle's writing blends a wealth of technical and financial knowledge with simple and straightforward explanations for everyday readers.
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Lester Young
1 day ago
Debbie Kasper excellent rep helped out…
Debbie Kasper excellent rep helped out explained things well. Got job done when I need Silver. Les
Timothy Neville
3 days ago
Account representative was informed
Account representative was informed, responsive and did not pressure .
Donna Shifflett
3 days ago
Our Lear representative Todd has made…
Our Lear representative Todd has made our First of many purchases smooth and pleasant. Thank you for surrounding yourself with wonderful, caring people.
Lon Lester
3 days ago
Easy and fast process
The process with Lear has consistently been a vey smooth, and easy transaction. We have been very pleased with the ease and time it takes to complete the purchasing process. Woukd highly recommend their services!
Paul Hightower
3 days ago
Very happy with Lear Capital
Very happy with Lear Capital ! Being my first time to purchase gold, I was apprehensive due to my low income. Mr.Conor Maher was patient and assuring. I’ve had a head injury in the past which making this difficult to me. Mr. Maher gave me the assurance and trust that I needed. Thank you Mr Maher !