How Does Best Buy Rewards Work & Are They Worth It?

If you’re a frequent Best Buy Shopper, don’t pass up the chance to earn rewards with the My Best Buy Rewards program. Discounts, member-only offers, and early access to sales are just a few of the benefits you may enjoy.

Check out how Best Buy Rewards work to see if it’s right for you.

What are Best Buy Rewards?

Best Buy Rewards pays you points for every dollar you spend. Accumulate the points and exchange it for a discount on your Best Buy purchases.

Best Buy Rewards members also earn other benefits including special offers. There’s no fee to join.

You also don’t need a Best Buy credit card to accumulate points, but if you do, you’ll earn more points (more on this below). 

How to Sign up for Best Buy Rewards?

It’s easy to sign up for Best Buy Rewards using these steps.

  1. Click on Create an Account
  2. Provide your first name, last name, and email address
  3. Create a password
  4. Confirm your password
  5. Provide your cell phone number
  6. If you have a Best Buy credit card or signed up for Best Buy Rewards in-store, include your member ID (if you need hep click ‘Find my Member ID’
  7. Click ‘Create an Account’ and you are a Best Buy Rewards member

How do you Earn Best Buy Rewards?

You earn Best Buy Rewards points for every dollar you spend at Best Buy. The amount you earn depends on your membership level.

  • My Best Buy – Earn 0.5 points for every dollar spent (0.5% back)
  • My Best Buy Elite – Earn 1 point for every dollar spent (1% back)
  • My Best Buy Elite Plus – Earn 1.25 points for every dollar spent (2.5% back)

Everyone starts as a My Best Buy member, but you can move your way up the membership ladder the more you spend.

To achieve Elite status, you must spend $1,500 in a calendar year at Best Buy or $1,500 anywhere using the My Best Buy Visa. Elite Plus status is achieved with $3,500 spent in a calendar year at Best Buy or anywhere with a My Best Buy Visa.

As a bonus, My Best Buy Visa holders earn extra points everytime they use their My Best Buy Visa. My Best Buy and Elite members earn 2.5 points for every $1 spent (5% back) and Elite Plus members earn 3 points per dollar spent (6%).

How Best Buy Membership Tiers Work?

Once you achieve Elite or Elite Plus membership, you keep the status for the calendar year. For example, if you hit $1,500 in spending at Best Buy on June 1, you’ll have Elite status from the date the points post (usually takes 15 to 20 days later) through the rest of the calendar year. All memberships expire at the end of February of the following year.

On the expiration date the following year, you can re-qualify for the same status or Elite Plus with your spending throughout the calendar year. All memberships are automatically upgraded to Elite with $1,500 spent or Elite Plus with $3,500 spent. 

What can you get with Best Buy Rewards?

Every $250 you spend is worth a $5 Best Buy certificate. You can’t bank your points until you hit Elite status.

At the My Best Buy level, you’ll earn a $5 reward for every $250 incremental spending until you hit $1,500 in a calendar year to move up to Elite. The rewards are automatically added to your account.

As an Elite or Elite Plus member, you can change your preferences to receive rewards to any of the following:

  • Bank rewards until you cash out
  • Auto-issue reward certificates at a predetermined level

To change your preferences, sign into your account and click ‘Change’ to change your preferences. You can change them as often as you like. 

Receiving your Best Buy Rewards

Most Best Buy Rewards are automatically added to your account. You may receive an email alerting you of the reward or you can check your account online.

When you shop at Best Buy in-store, you can redeem your reward by providing your phone number or showing your account dashboard by logging into your My Best Buy account. 

If you shop online, make sure you log into your account before checking out and it will give you the option to use your reward if you have one.

What are the Benefits of Best Buy Rewards?

Best Buy Rewards certificates are like cash to spend at Best Buy and are a great reward, but that’s not all members get.

All members, no matter the level earn these benefits:

  • Free in-home consultation with an insulation expert
  • Access to exclusive sales and offers (the deals may vary by membership)
  • Free birthday gift
  • 25 points for writing a review

*Each member can write up to 8 reviews per calendar year

Each membership level has specific benefits too.

My Best Buy Membership

  • Free shipping on orders $35+
  • Standard return policy of returns within 15 days*
  • 24/7 customer service line by calling 1-888-BEST-BUY

My Best Buy Elite Membership

  • Free shipping and free scheduled delivery with no minimum purchase required
  • 30-day return period*
  • Option to bank your points
  • Dedicated customer service line

Elite Plus Membership

  • Free same-day delivery, free 2-day delivery, and free scheduled delivery with no minimum purchase required
  • 45-day return period*
  • Dedicated customer service line

*If you return a product, your My Best Buy Points will be reduced accordingly, usually within 15 days.

Exclusions from My Best Buy Points

Not all purchases are eligible for My Best Buy Points. Exclusions include:

  • Purchases paid for with a Best Buy gift card or reward certificate
  • Commercial purchases
  • Payments to your My Best Buy credit card
  • Any Apple or Beats purchases made with any method other than the My Best Buy Visa
  • All Thermador products are excluded

My Best Buy Video Game Pre-Order Program

My Best Buy members receive a $10 reward just for pre-ordering qualifying video games (physical or digital versions). Click here to see the eligible titles. 

You’ll receive your reward after the game is released and you receive your copy. 

My Best Buy Offers

My Best Buy members are eligible for exclusive offers and membership pricing. You may save on TVs, tech support, appliances, or receive free 6-month trials to memberships, such as Apple Music.

Log into your account for the most up-to-date offers, or view the basic offers here. 

To take advantage of the special pricing or exclusive offers, log into your account before shopping online or print the offer and bring it into the store to get your special pricing. 

Best Buy Rewards FAQs

How fast do you earn Best Buy points?

Points are awarded to your account within 15 days of in-store purchase or shipment date if bought online.

What if your My Best Buy points are missing?

If your My Best Buy points didn’t get awarded to your account after 15 days, log into your account online and report the issue or call 1-888-BEST-BUY to report it. 

How can you find your Best Buy points balance?

Logging into your Best Buy account online is the easiest way to see your points balance. On the account home page, you’ll see your points and how far away you are from your next $5 reward. If you’re in a Best Buy store, you can ask any cashier to check your points balance by providing your phone number.

Can you return an item bought with Best Buy Rewards?

Yes, if you are unhappy with the product purchased, you can return it and you’ll receive your Best Buy Rewards (if applicable) back within 15 to 20 days of the date of return.

Do My Best Buy Points expire?

If you are an active member (make at least one purchase within 12 months), your points don’t expire. If you don’t make a purchase within 12 months, though, the points will expire. Best Buy will automatically issue a reward certificate down to the $5 level (250 points) and expire any remaining points.

Do My Best Buy Reward Certificates expire?

Yes, each certificate has an expiration date at the bottom and is usually 60 days from the date of issuance. Make sure to check it so you don’t lose your rewards.

Does Best Buy give birthday gifts to members?

A free birthday gift is a part of the My Best Buy program, but the promotion is subject to change. Some members receive coupons for 10% off a qualifying purchase, but the offers change frequently. 

Can you use coupons with Best Buy Rewards?

Yes, most purchases are eligible for Best Buy Rewards and a coupon as long as you follow the fine print. The only stipulation is the reward plus coupon cannot exceed the purchase amount. 

Best Buy Rewards – Should you Sign Up?

There’s a lot to love about the Best Buy Rewards program especially since it’s free to join. You don’t need special qualifications – anyone can be a My Best Buy Member.

You only have to share your name, email address, and phone number so it’s not a lot of personal information, but just enough to earn you money back for every purchase you make.

If you’re a frequent Best Buy shopper, it’s one of the best ways to make the most out of your purchases, especially since you can bank your points and save up for that big TV or electronic you’ve wanted. 

Kim Pinnelli is a personal finance freelance writer and koopy.com contributor. She lives in the Chicago suburbs, writing from home for the last 13 years. Kim enjoys helping people understand personal finances and writes on topics about saving money, investing, planning for retirement, and ways to increase income. In her free time, Kim enjoys hanging out with her 3 children, reading, crocheting, and spending time outdoors.

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