Stockback

Every card purchase pays you in fractional shares.

How it works#

Spend, and a percentage of the purchase comes back as tokenized stock rather than as a cash rebate. The shares land in your account, where they behave like anything else you own: they can appreciate, pay dividends, and back your Portfolio Line. Note: Stockback is funded by card interchange, not by GWOOD emissions.

Your stockback rate depends on your membership tier. See Membership.

Choosing what you earn#

• Index by default. New members earn into a diversified basket. It is the sensible default and it is what we recommend if you do not want to think about it.
• Pick your own. Choose a single company or a small set and stockback accumulates there.

You can change your selection at any time. It only applies to future purchases.

Why this and not cashback#

Cashback is designed to be spent. It arrives, blends into the balance, and vanishes.

Stockback accumulates. Equity compounds.

Disclaimers#

Stockback is a reward, not investment advice. Shares can fall in value, including below what the equivalent cashback would have been worth. Rates are capped annually by tier, and both the rates and the caps are published. If we change them, we will change them in advance and in writing.