Buy $50 Best Buy Gift Card, Get 800 Plenti Points

If you are participating in the Plenti Rewards program [see our Introduction], good until Saturday night 8/20/16, at Rite Aid brick and mortar stores, if you buy a $50 Best Buy Gift Card, you will earn 800 Plenti Points, which have the buying power of $8.

They don’t have preset amount Best Buy gift cards, you have to tell the cashier how much you want to load. I loaded exactly $50 and sure enough, the cash register receipt showed the 800 points, as you can see in the picture below:

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So you get immediate confirmation (as soon as you pay), and the points become available to spend the next day. That’s it. You have to remember to show the cashier your Plenti card or enter your phone number. This is a limit two promotion for this shopping week.

Assuming you have no problem spending Plenti points on things you need (gas, future Rite Aid purchases, Macy’s, etc), that’s effectively a 16% off discount on everything you buy at Best Buy using this particular gift card. Not bad because that’s on top of any sales or coupons or rewards or other promotions.

New AMEX Membership Rewards feature: use Rewards to pay for Best Buy online purchases

If you are participating in the American Express Membership Rewards program (different from the Amex Blue Cash rewards), and you also shop at the Best Buy website, there’s now a new feature for you. You can use your AMEX rewards points to pay for a Best Buy website purchase, partially or fully, using your AMEX points.

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To do that, enter your AMEX credit card to your Best Buy account (if not already there), and when it is verified and synced (or whatever they need to do in the background), you will see your points and their equivalent dollar value. The e-mail does not say what is the conversion ratio.

It would be nice if it was 1:1, but since they don’t say, one has to wonder. Some promotions, like the Discover-Amazon link offers a 1:1 link, while others, like Citi’s ThankYou-Amazon link is less than 1:1 (not as favorable to the consumer).

Aug 16-22: 800 Plenti Points with $50 Best Buy Gift Card

For the week of August 16-22 in 2015 at Rite Aid stores, you can earn 800 Plenti points (equivalent to $8 in future reward redemptions), if you purchase $50 or more in Best Buy Gift Cards. The promotion is limit two, so $100 in Best Buy Gift Cards get you $16 in future purchases (using the Plenti rewards). It is free to join their rewards program and you can also convert your previous Rite Aid Wellness rewards to the new one. See our earlier post on signing up for Plenti.