Table Of Contents
Earning Allocated Gold Through Online Shopping
The Metalback program enables Kinesis participants to receive up to 10% of their spending back in allocated gold on qualifying online purchases. Rather than earning points or cashback, users accumulate physical gold backed by allocated bullion. The program effectively allows ordinary online spending to function as a gradual method of building gold holdings.
Traditional cashback programs from the big card issuers usually give back somewhere between 1% and 5% of what you spend, paid in regular money or points you can redeem later. The average U.S. cashback rate across all spending categories tends to land around 1.5%. The higher rates—like 5% on certain categories—almost always come with tight yearly caps, so the real annual boost is smaller than the headline figure suggests. For points programs, industry studies put the average breakage rate (the value that never gets redeemed) somewhere in the 20–30% range.
A program that pays its reward in allocated gold hands the recipient an asset whose value is not directly tied to the same inflation measure that erodes fiat cashback. Even a modest 2% return delivered in metal, held over ten years, can leave the holder with a different real outcome than a 5% cashback program whose rewards are either spent quickly or left sitting in a currency that loses purchasing power. What matters is not only the size of the reward, but also the currency in which it is paid, a lower reward paid in a currency that better preserves purchasing power may ultimately outperform a higher reward paid in one that depreciates over time.
Why is it called metalback if it returns only gold? It’s called metalback in order to keep the door open to eventually include silver to the program. Don’t ruin it for me if you know the real answer.
Accessing the Metalback Hub
The Metalback feature is accessible through the Kinesis platform after logging in. The Metalback Hub, available via the navigation menu, lists offers from a broad range of international retailers. Users can browse or filter offers by brand, category, location, or discount level. The program operates in most major regions, including the United States, the United Kingdom, Asia, Europe, the Middle East, and Australia and Oceania.
Reward Structure
Users can earn up to ten percent of their purchase value back in allocated gold. The program includes access to thousands of international retailers across various categories, including electronics, fashion, luxury goods, travel, and everyday essentials. Participating brands include names such as Apple, Gucci, Lacoste, Ralph Lauren, Samsung, Sony, and many others. No fees are charged for using the Metalback program or for receiving the rewards.
Impact on Yields
Each unit of gold received through Metalback increases the balance that counts toward the Holder’s Yield. Additionally, when the Kinesis Card is used for Metalback purchases, the transaction also generates the standard 2% card cashback in gold or silver.
On top of that, Kinesis matches every Metalback percentage earned with a one-to-one contribution to the Master Fee Pool, which supports system-wide yields.
