[stouset]

And what would you have gotten from 2% flat cash back? Probably similar, I’m guessing.

[kar5pt]

To get $8400 on 2% cash back, you'd have to spend $420,000.

[giarc]

Exactly, there are 0 cards that would give cash back equivalent to what I've spent. I suspect it's like $100,000-$150,000. So being conservative, it's a 5% 'cash' back card.