Is 2X points the same as 2% cash back?
Is 2X points the same as 2% cash back? Value of rewards A 2% cash-back card means a $100 purchase effectively earns $2 back. However a $100 purchase with a 2X points or miles card isn't always equal to $2 back. It can be less or more, depending on the card and how you redeem them.
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