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Kroger Credit Card points are worth 1 cent each, on average. For example, 10,000 Kroger Credit Card points have a dollar value of roughly $100. As a result, Kroger Credit Card points are worth about the same as the average supermarket store's rewards points, which are valued at 1 cent 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 Kroger Credit Card points:
Dollar Value of Redemption Item / Number of Kroger Points Needed = Kroger Credit Card Point Value
Kroger 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 | |
| 1 cent | $10 | |
| 1 cent | $10.00 |
Target provides rewards in the form of cash back. To make comparison simpler for shoppers, we translated cash back rewards to points at a 1:1 ratio.
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