WalletHub, Financial Company
@WalletHub
Guitar Center Credit Card points are worth 1 cent each, on average. For example, 10,000 Guitar Center Credit Card points have a dollar value of roughly $100. As a result, Guitar Center Credit Card points are less valuable than the average retail rewards points, which are valued at 2.19 cents each.
The easiest way to calculate the value of a retailer's rewards points for any redemption method is to determine the dollar value of what you're redeeming for, minus any taxes and fees that you'll still have to pay, and then divide that amount by the number of points you're required to redeem. For your convenience, here's the formula for Guitar Center Credit Card points:
Dollar Value of Redemption Item / Number of Guitar Center Points Needed = Guitar Center Point Value
Guitar Center Credit Card Points vs. The Competition
| Rewards Program | Average Point Value | Value of 1,000 Points |
| 1 cent | $10.00 | |
| 1 cent | $10.00 | |
| 1 cent | $10.00 | |
| 0.67 cents | $6.70 | |
| 1 cent | $10.00 |
Popular Credit Cards from Our Partners
People also ask
How are reward points calculated?
You can calculate reward point values by dividing the dollar value of what you redeem points for by the number of points required to get that product or service. This will leave you with the value of a single reward point. For example, if a $500 plane ticket costs 40,000 points, that means each point is worth 1.25 cents when redeemed for airfare.
Cost of Item in Dollars / Cost in Points = Value...
read full answer by Christie Matherne, Credit Card WriterAre rewards points on credit cards worth it?
Rewards points on credit cards are worth it if the value that you get from them exceeds the costs associated with the card. In other words, the amount of rewards you earn in a year should outweigh both the annual fee and any other fees and interest charges that you pay on your transactions. Rewards points on credit cards are also only worth it if you actually take advantage of them and redeem them regularly.
... read full answer by Adam McCann, Financial WriterWhat is the difference between cash back and points?
The difference between cash back and points is that the former is the most versatile type of credit card rewards, as it can be redeemed for anything, and there’s never any doubt about how much it’s worth. Points, on the other hand, have a value set by the credit card company and tend to be worth the most when redeemed for travel. Credit card companies won’t always clearly disclose points values, and those values can change over...
read full answer by Maria Adams, Credit Cards ModeratorDid we answer your question?
Important Disclosures
Ad Disclosure: Certain offers that appear on this site originate from paying advertisers. For full transparency, here is a list of our current advertisers.
Advertisers compensate WalletHub when you click on a link, or your application is approved, or your account is opened. Advertising impacts how and where offers appear on this site (including, for example, the order in which they appear and their prevalence). At WalletHub we try to present a wide array of offers, but our offers do not represent all financial services companies or products.
Advertising enables WalletHub to provide you proprietary tools, services, and content at no charge. Advertising does not impact WalletHub's editorial content including our best picks, reviews, ratings and opinions. Those are completely independent and not provided, commissioned, or endorsed by any company, as our editors follow a strict editorial policy.