Tally is a brand new asset-backed currency. Every 1 tally in your account represents 1 milligram of physical gold, securely vaulted and insured on your behalf.
Because tally is linked to a physical asset, it cannot be devalued by increasing supply (we're looking at you pounds, euros, dollars). This makes it the only everyday currency that helps you fight inflation and protect the long-term value of your money.
Because each tally is one milligram of physical gold, its value is determined by the price of gold. Relative to GBP (£), the value of tally can rise or fall due to fluctuations in the global gold price.
When you transfer pounds into your account, your money immediately buys you LBMA-approved gold, securely vaulted in Switzerland on your behalf. Your gold is denominated in ‘tally’ in your online account, so you can use it as everyday money. Save, send, and spend instantly worldwide using your Tally App and Tally Debit Mastercard.
Unlike banks that profit from hidden fees, high interest charges and risky lending practices, Tally’s fee structure is simple and transparent:
An annual account keeping fee of 0.9% (calculated daily, charged monthly) covers: