Is it better to get cash back or points?

When it comes to making purchases and earning rewards, many consumers face the decision of whether to opt for cash back or points. But which one is truly the better choice? Cash back offers a direct financial incentive, allowing you to receive a percentage of your purchase price back in the form of cash. This can be a great way to save money and offset the cost of your purchases. On the other hand, points can be accumulated and redeemed for various rewards, such as travel, gift cards, or merchandise. However, the value of these rewards can vary greatly, and it may take longer to accumulate enough points to redeem them for something significant. So, is it better to go for the instant gratification of cash back, or the potential for greater rewards with points? Let's explore the pros and cons of each option and see which one may be the right choice for you.