ATM cash withdrawal with NEXO card - worth?

Hello, as the titles says, I would like to understand if the cash withdrawal with NEXO card is worth: I read on the info that the withdrawal costs 0,79€ per transaction, but the withdrawals gives cashback (2% in Nexos token when platinum). So for example, if I top up my account with EUR and withdraw 500€ from an ATM in Europe, I pay 0,79 but I get 2%, so 500-0,79+10=509,21€ (with 10€ in Nexos token and the others cash in my hand). Is this right?