Saw the deal on the outlet store, but the models I were looking at sold out. I then saw this on the regular dell site. It only applies to the Frost/White version, not the Silver/Black if you are colour picky. I then tried some old referral codes and "LOVEKEANU" dropped another 5% off or so bringing the price from $3799 down to $2084.14. You can save another $50 or so if you don't need Windows 10 Pro.
Dell must have some sort of clearance on these, as the FHD versions with less RAM are actually more expensive.
11th Generation Intel® Core™ i7-1165G7 Processor (12MB Cache, up to 4.7 GHz)
Windows 10 Pro (64bit) English
Intel® Iris Xe Graphics
13.4" 16:10 UHD+ WLED Touch Display (3840 x 2400)
16GB 4267MHz LPDDR4x Memory Onboard
512 GB PCIe NVMe x4 Solid-State Drive (Onboard)
Frost exterior, Arctic White interior
Killer™ Wi-Fi 6 AX1650 (2 x 2) and Bluetooth 5.1
4-Cell Battery, 51 Whr (Integrated)
2 Thunderbolt™ 4 ports with Power Delivery
Keep in mind, the normal XPS 13 9310 which isn't the 2-in-1 has a slightly better processor (I'd argue non-issue) and allows you to upgrade the NVMe Drive, however doesn't include a vapour chamber. Most reviews point that the 2-in-1 is noticeably cooler. 4K vs FHD will also reduce battery life for those on the go.
Edit: forgot to add, I shopped through Qantas Store as you will earn 1 point per dollar spent at Dell. I do not think this deal is eligible for Cashrewards/Shopback hence I chose to take the points.
2nd Edit: Someone said they got the cashrewards transaction to work in the comments, however there is still the probability it fails the checks and balances.