Best Buy provides a wide range of member exclusives and offers for their frequent customers when you become a Best Buy member. Part of their membership program is getting up to 10% back in rewards on your purchases. So, Does Best Buy Do Cashback?
So, yes, Best Buy does cashback but in a different manner. You receive points depending on the amount purchased, and then it converts to a reward certificate value.
If you want to know more about reward certificates and how to start getting some Best Buy cashback, continue reading for more details.
Reward Certificates – What Is It and How to Use It?
Reward certificate is the amount you receive after garnering at least 250 points. Every time you accumulate 250 points, you will receive a $5 reward certificate.
You get these points every time you purchase at any best buy store, on BestBuy.com, or Best Buy Mobile specialty stores. If you use a Best Buy Visa Card, purchases on non-Best Buy products are also eligible for receiving points.
You can use the reward certificates to get discounts on any eligible purchase made in-store or online. You can also use it with other offers available.
Read ahead to find out more about points and look at further details.
How To Start Collecting Points?
To receive reward certificates, it is a must to collect points. First of all, you have to make a member account. It is simple and easy to do so, as you do not require any fees for creating an account.
You can visit any Best Buy store and open an account, or you can create one on the BestBuy.com website.
Once you join the program, you can start earning points. They are usable after 15 days after purchase or from the time of shipment.
You have the option to get a My Best Buy Credit Card or Visa Card and earn more points as compared to a non-credit card user.
What Number of Points Do You Receive Per $1?
All regular members will receive 0.5 points per $1 spent at Best Buy or BestBuy.com only. For non-Best Buy purchases, you need a Best Buy Visa Card.
The membership has a status system, and you can upgrade to an Elite or Elite Plus member. As such, you’ll receive improved benefits, including more points.
Elite members receive 1 point, and Elite Plus members receive 1.25 points per $1 spent.
Amount of Points a My Best Buy Credit Card Holder Receives
However, if you want to receive more points and more reward certificates, you can opt for the My Best Buy Credit Cards. Credit Cardholders will receive up to 10% back in rewards once approved.
Afterward, My Best Buy Credit Card members receive 2.5 points per $1 (5% back in rewards) on their purchases, and My Best Buy Visa Credit Card members receive additional 5 points per $1 (6% back in rewards).
Also, as a Visa Credit Cardholder, you can receive points on purchases made outside of Best Buy stores. These are the following number of points you receive:
- 1.5 points per $1 spent (3% back in rewards) – on gas purchases
- 1 point per $1 spent (2% back in rewards) – on dining and grocery purchases
- 1 point per $2 spent (1% back in rewards) – on everyday purchases
$10 Reward Certificate – When Pre-Order or Purchase Games
My Best Buy Members receive a $10 reward certificate on purchasing any physical and digital game. However, there are some steps to consider when qualifying for this reward.
- Physical game
-$5 deposit when pre-ordering from the store
-full payment when pre-ordering through the website
- Full game digital download
-Full payment when pre-ordering from both the store and the website
Note: When pre-ordering from stores, you must present your member ID at the time of purchase.
What Purchases Are Ineligible for Points?
Before you can head off and start racking up points, you should be aware of purchases that are not qualified for receiving points.
- When you use financing options for purchases instead of points
- Paying for resale
- Paid using reward certificate or gift card
- Certain charges
- Commercial purchases
- Thermador products
- Payments on My Best Buy Credit Card
Contact support for any other exceptions that might exist.
Who Is Eligible for Best Buy Membership?
Any U.S individual of at least 13 years of age with a valid email address is eligible. If you are between the ages 13 and 18 or 19 (depending on your state), you must have permission from parents or a legal guardian.
(Same applies to individuals who want to purchase and qualify for the $10 reward).
So yes, Best Buy does cashback. Not in the usual way, but the concept remains the same. It is a great way to save some cash while shopping for your favorite products. And if that does not convince you, you can get a credit card, which gives you back on purchases outside best buy.
FAQs
Q. Can I receive points on purchasing Apple or Beats products?
A. Yes, but only if you have used My Best Buy Credit Card. Otherwise, regular members do not receive any points.
Q. Will my points expire after a long time?
A. Yes. If there is no activity in 12 months after receiving your points, you will receive a $5 reward certificate, and any remaining points which haven’t been converted will be lost.
