What is Metalback?
Metalback is Kinesis’ innovative take on cashback programs, allowing users to earn pure gold (KAU) on their online purchases instead of inflation-prone cash that loses value over time.
Visit the dedicated page on the Kinesis website here.
How many retailers are participating?
You can save up in gold on all your every purchase at nearly 6,000 major retailers worldwide, whether you're shopping for your favourite luxury brands or everyday essentials.
The Metalback hub offers a diverse selection of categories, across Travel, Luxury, Electronics, Clothes & Fashion, Business, Insurance, Sport, Wellbeing, and many more.
Log into your Kinesis account and browse the Metalback hub to see all participating retailers.
How much can I earn?
With Metalback, you can earn up to 10% back in gold on all your online purchases at participating retailers, through the Metalback hub on the Kinesis platform.
At times, some brands may offer Metalback earnings of up to 25% on their products and services.
Importantly, Kinesis matches 1:1 every percentage saved on your Metalback purchases and adds it to the master fee pool, which in turn increases the system’s velocity and boosts yields even further for everyone.
For example, if a user earns 10% Metalback on a purchase, Kinesis will match it with a 10% contribution to the Master Fee Pool.
You can adjust the Metalback savings percentage displayed in the Metalback hub on the Kinesis platform at any time.
How can I make purchases?
You can make online purchases with various standard payment methods and assets, depending on the retailer.
Make payments in gold (KAU) and silver (KAG) using your Kinesis card, or spend in local currency with your debit card, or choose any other online payment method offered by the retailer.
Will Metalback contribute to my yields?
Yes, all gold (KAU) paid into your Kinesis account as Metalback will contribute to your Holder’s Yield.
Additionally, whenever you make Metalback purchases with your Kinesis card, you earn a percentage back in gold and silver as part of the Velocity Yield - which also contributes to your Holder’s Yield once deposited into your Kinesis account.
Referrers and partners also benefit, earning a share of yields whenever anyone in their referral network makes purchases through the Metalback hub.
Importantly, Kinesis matches 1:1 every percentage you earn on your Metalback purchases and adds it to the master fee pool, which in turn increases the system’s velocity and boosts yields even further for everyone.
Am I eligible for Metalback?
To be eligible for the Metalback, your Kinesis account must be fully verified and active (not suspended or blocked).
Is Metalback available on the platform and app?
Currently, Metalback is accessible to all Kinesis users on the desktop platform. In the future, Metalback savings will also be available for Kinesis app users.
How will Metalback be paid?
Once you complete your purchase, expect your Metalback to arrive within 14 to 150* days from the transaction verification date, depending on the stores’ individual policies and processing times.
Kinesis calculates the value of your Metalback savings based on the equivalent US Dollar value of gold (KAU) at the time of your purchase.
We’ll notify you via email about the progress of your Metalback savings. Once we’ve verified the transaction, you’ll receive your Metalback in physical gold (KAU) credited to your Kinesis account.
*For certain categories, such as eg. Travel, earnings may take longer to arrive in your Kinesis account, due to the processing times associated with these types of transactions.
Can I purchase via Metalback from my Business account?
No. Currently, the Kinesis Metalback program is available only for Individual account users. We will notify you if this changes.
Are there any fees associated with Kinesis Metalback?
No. There are no extra costs associated with the Metalback program. Instead, Kinesis users earn gold simply for making their regular purchases via the Metalback hub on the Kinesis platform.