How Much Are Best Buy Rewards Points Worth?

Rewards Value Calculator
Every 250 Best Buy Points you redeem is equal to a $5 Best Buy Certificate which means that Best Buy Points are worth 2 cents apiece.
Last Updated 2022-05-16 By R.Flowers III

Best Buy Rewards Points can be redeemed for reward certificates which can be used towards purchases made in-store or online with Best Buy. Points cannot be redeemed for anything else.

How much are Best Buy points worth?

Best Buy Points are worth 2 cent each meaning that every 250 points you earn is worth $5 in cash value with Best Buy. This is the only option when it comes to redeeming Best Buy Points.

Best Buy points value

Redemption Point Value (in cents)
Best Buy Certificate 2

Redeeming points for Best Buy Reward Certificates

Best Buy Rewards Members can convert points to a Best Buy Certificate starting at 250 points for a $5 certificate. These are auto redeemed based on the amount of points you set in your account preferences.

If you have a Best Buy credit card, you'll be able to bank your points and redeem them for a certificate whenever you want to. This provides a little bit more flexibility which can be great when you're ready to redeem points with Best Buy.

How to use certificates

Best Buy Certificates can be used in-store or online. When using them in-store, you'll be asked for the phone number connected to your account or membership number.

The cashier or the POS device will then ask you if you wish to use your certificates if you have any available. When shopping online, you'll be give the option to use your certificates when checking out.

apply best buy certificates checkout
Apply your Best Buy Certificate at checkout.

There is no limit to the amount of certificates you can use, but do note that they cannot exceed the pre-tax cost of the purchase. So if something costs $4.99 before tax, you would not be able to use the $5 Best Buy Certificate even through the cost after tax would be more than $5.

Does Best Buy Certificates Expire?

When you redeem your Best Buy Points for a certificate, they will have an expiration date on them. The expiration date will vary depending whether you earned the certificate as part of a bonus or promotion or redeemed points for it.

This is where the Best Buy credit card comes in handy as you'll have access to the Point Banking option and your points will not be auto-redeemed. But do note that Best Buy Points also expire after 12 consecutive months of no activity and will be issued as reward certificates down to the $5 level.

So even if you're banking points, you'll still want to make sure you're occasionally shopping at Best Buy to keep activity on your account.

Convert Best Buy points to dollars

Use the Best Buy Points Value Calculator to determine the cash value of your Best Buy Points when converted to Best Buy Certificates.

Enter any amount of Best Buy points to calculate the dollar value.
Points
Redemption Average Dollar Value
Point value $0

Best Buy certificate values

Best Buy points Cash value
250 Points $5
500 Points $10
1,000 Points $20
2,500 Points $50
5,000 Points $100
10,000 Points $200
25,000 Points $500

How to earn Best Buy points

Best Buy Rewards Points are earned when you make purchases online or in-store with the Best Buy as a My Best Buy rewards member. You can earn anywhere between 0.5 points and 1.25 points per $1 spent based on your membership level in the program.

You can maximize the amount of points you earn on your Best Buy purchases by using the My Best Buy Visa Card or My Best Buy Credit Card. These credit cards allow you to earn up to 3 points per $1 spent as a cardholder which is an excellent 6% return on your spend.

FAQ

What can you use Best Buy Rewards Points for?

Best Buy Rewards Points can be used for Best Buy Certificates. Every 250 points redeemed will give you a $5 Best Buy Certificate.

How much are Best Buy Points worth?

Best Buy Points are worth 2 cents each. Every 250 points you redeem is good for a $5 Best Buy Certificate.

How do you check your Best Buy Rewards balance?

Once you log into your My Best Buy account, you can click on your name to see how many points you have and the total cash value of all available certificates.

How do you redeem Best Buy Points?

Best Buy Points must be redeemed for Best Buy Certificates. You can then use those certificates online or in-store towards the pre-tax cost of your purchase.

Does Best Buy Points expire?

Yes, in a way. After 12 months of no activity on your Best Buy account, your points will be automatically converted to Best Buy Certificates down to the $5 level. Any remain points after the conversion will be forfeited.

Does Best Buy Certificates expire?

Yes. Best Buy Certificates will have an expiration date printed on it.

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