4 ms·
That citation is from 2020, and https://x1creditcard.com/legal/program-terms#x1-card-rewards-program-rules https://x1creditcard.com/legal/program-terms#x1-card-
by jldugger 4y ago
That citation is from 2020, and https://x1creditcard.com/legal/program-terms#x1-card-rewards-program-rules https://x1creditcard.com/legal/program-terms#x1-card-rewards... indicates you can redeem points 1point:1cent as statement credits.
And of course reddit points out they have cut that down to 0.7 cents
- junar 4y agoSo I'll bet that cash back was always a lower rate. Their terms are rather evasively written, but my reading is that they have two different redemption categories, both called "statement credit": 1) "eligible Rewards Partner transaction" statement credit 2) general "Cash Back Statement Credit" From the link you provided, they tell you that 2) can be a lower rate, but they don't tell you what that lower rate is. But I did see the recent reddit discussion saying that it's 0.7 points.