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Yes. When you use 2,000 points for an instant $10 off, you will collect points on the value of your shop after other savings, vouchers and discounts are applied, before the $10 off. For example, if your total is $100 and you then redeem 2,000 points to take $10 off your shop making the shop $90, you will receive 100 standard points (assuming no bonus points offers are applied.