Best Buy Rewards can now be redeemed for gift cards. Best Buy cardholders earn Best Buy Rewards on their purchases. Points value:
- 500 points = $10 Best Buy certificate
- 500 points = $10 Best Buy gift card
- 500 points = $5 third party gift card for places like Amazon, Airbnb, Apple, Starbucks, Target, Home Depot, Walmart, etc.
And so it’s now possible to redeem points at the same value for non-expiring Best Buy gift card instead of an expiring Best Buy rewards certificate. (Note: some people prefer the certificates since it reduces the base cost and saves sales tax.)
Anyone enrolled in the Best Buy Rewards program can earn Best Buy Rewards on their purchases. Best Buy Cardholders can earn more on Best Buy purchases and also can sometimes earn on purchases elsewhere.
Source: doctorofcredit.com