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Posts: 10
Registered: ‎01-05-2017
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Do banked points expire?

I was reading on another thread that if there is no activity on our account within a year, then we forfeit our points. This got me thinking about another question... Do banked points ever expire (assuming we have not stopped making purchases on our account)? I'm thinking about saving my banked points for something big, so I may not convert my points into certificates for a year or two.
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Registered: ‎10-10-2012

Re: Do banked points expire?

Hello again davidsz,

 

The only real way points would "expire" if you currently have Elite or Elite Plus status and are banking points would be to not requalify for Elite or Elite Plus status.  For example, let's say you did not requalify for either status during the 2016 calendar year.  That means your current status would be downgraded to core in February with any banked points in your account being converted into certificates because you would no longer have the option to BANK points.  Unless noted otherwise, a certificate will usually be valid for a period of 60 days.  Basically, just make sure you either spend $1,500 or $3,500 each calendar year so you can keep banking points.  Please feel free to send me a private message, by clicking on the blue button in my signature, if you have any other program related questions and I will see what I can do to help.

 

Thank you for connecting with us and for being a My Best Buy member. Smiley Happy

Derek|Senior Social Media Specialist | Best Buy® Corporate
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New Member
Posts: 10
Registered: ‎01-05-2017

Re: Do banked points expire?

I already bought a TV and a couple items this month that puts me into at least the Elite status through next year, so I'll be good for a while. Thanks!
Posts: 7,443
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Registered: ‎10-10-2012

Re: Do banked points expire?

You are quite welcome!

 

Best Wishes,

Derek|Senior Social Media Specialist | Best Buy® Corporate
Give Kudos if you like this post or Accept as Solution if it answers your query!