The Best Buy Reward Zone, rebranded as My Best Buy, offers members the ability to earn Best Buy gift certificates by earning points. Points are earned with any qualifying purchase, and holders of My Best Buy credit cards can earn bonus points by using the card in-store.
For every qualifying purchase, members earn one reward point for every dollar spent, unless the purchase is made with a My Best Buy credit card, in which case the reward payout rises to 2.5 points per dollar. In addition, any purchases made with the card elsewhere accrues .5 points per dollar spent. Whenever 250 points are accumulated, they can be redeemed for a $5 Best Buy gift certificate, redeemable for any purchase in-store or online. Multiple certificates can be redeemed at once.
In addition to the standard point rewards, anyone who spends $1,500 in one year at Best Buy can become a My Best Buy Elite member, earning a further 10 percent bonus on points. $3,500 in one year qualifies the member for Elite Plus status, offering a 25 percent bonus. Elite and Elite Plus members are also granted an extended window in which to return products, up to 45 days for Elite Plus members. These benefits last until the end of the calendar year, at which point the member must re-earn Elite status.