What is a Kinesis Cashback voucher?
Kinesis Cashback is a digital voucher feature within the Kinesis monetary platform, allowing you to earn a 3% return in KAU and KAG while making purchases with gold and silver at your favourite stores and restaurants.
How can I earn a 3% reward in gold and silver using Cashback?
Whenever you purchase a cashback voucher in KAU or KAG, 3% of the transaction amount gets instantly returned back to you, simple as that. You can then use the saved amount towards your next purchase, or store it in your Kinesis account.
Where can I redeem my Kinesis cashback voucher?
You can instantly redeem your Kinesis cashback voucher online and at 150,000+ physical locations.
You can choose from almost 250 leading merchants in the US, including brands such as Uber, Lowe's, Applebee's, Sephora, Gap, Subway and Twitch - with the list constantly growing.
Log into your Kinesis account to see the full list of participating retailers.
Can I send my cashback voucher to someone else as a gift card?
Yes. Your cashback voucher has all the functionalities of a gift card and can be used just like one. Simply forward the email with your purchased voucher to anyone within or outside of Kinesis, and they can use it instantly, in-store or online.
Which currencies can I use to purchase my Cashback voucher?
The Kinesis cashback feature has been designed to encourage the adoption and use of gold and silver as money. With that in mind, the Kinesis cashback voucher is dedicated specifically for purchases in Kinesis gold (KAU) and Kinesis silver (KAG).
However, you can then easily redeem your voucher in US dollars with any participating retailer, at no additional cost.
In which countries is Kinesis Cashback supported?
Currently, Kinesis Cashback vouchers are only available in the United States. Kinesis will notify the community whenever additional markets are added.
Is Cashback available on both desktop and mobile?
Yes, the Cashback feature is available for both desktop and mobile devices via the Kinesis App.
Can I purchase the cashback voucher as a Business account user?
Yes. Kinesis cashback functionality is available both for Individual and Business account users registered in the United States.
Does my voucher have an expiration date?
No. There is no expiry date for your voucher, so you can use it whenever you wish.
Are there any fees associated with Kinesis cashback?
No. There are no extra costs associated with the cashback functionality - instead, system participants are getting paid, simply for using gold and silver as money.
The automatic conversion between KAU or KAG and the US dollar is also free of charge, at the best current market rate.
Are there any yields associated with Kinesis cashback?
No. Kinesis cashback functionality is free of charge, which means there are no fees that could be added to the Master Fee Pool. There is also no fee for KAU or KAG to USD conversion that could generate any yield.
Instead, users are automatically rewarded with a 3% return in gold and silver, every time they purchase a new voucher.