Yes, cachet is a Scrabble word!
...and is worth 13 points in Scrabble, and 14 points in Words with Friends
cachet
Noun
1. An indication of approved or superior status
2. A warrant formerly issued by a French king who could warrant imprisonment or death in a signed letter under his seal
3. A seal on a letter
What Scrabble words can I make with the letters in cachet?
5 Letter Words
4 Letter Words
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3 Letter Words
2 Letter Words