Miles & Points vs Cash Back - Which Is Better? (EXPLAINED)

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We discuss cash back vs points vs miles in regards to rewards credit cards. When you are looking for a new credit card you have to consider not only what type of card you want, but also the redemption option you prefer. For instance, you can get a cash back credit card, but that doesn’t mean cash back is your only redemption option. Further, many travel credit cards will offer travel redemptions but also direct deposit, gift cards, etc. As such, when we bring up the topic of miles vs points vs cash back, there is no clear-cut answer, nor is one option always best. Really, it comes down to your personal spending habits and preferences for redeeming rewards. Miles & Points vs Cash Back - Which Is Better? (EXPLAINED).



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▮▮▮▮ TIMESTAMPS
0:00 - Video Overview
0:48 - Redemption Options
2:55 - Redemption Value
4:45 - Final Thoughts