Dan Whitmer, Rewards Programs Analyst
@dan_whitmer
Bloomingdale's points are worth 0.5 cents each, on average. For example, 10,000 Bloomingdale's points have a dollar value of roughly $50. As a result, Bloomingdale's points are less valuable than the average clothing store's rewards points, which are valued at 3.39 cents each.
The easiest way to calculate the value of Bloomingdale's 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 Bloomingdale's points:
Dollar Value of Redemption Item / Number of Bloomingdale's Points Needed = Bloomingdale's Point Value
How to Earn More Bloomingdale's Points
It’s important to remember that while you can’t change the redemption values of Bloomingdale's points, you can increase the rate at which you earn them. One of the best ways to increase the number of Bloomingdale's points that you earn is to apply for either the Bloomingdale's Credit Card or the Bloomingdale's Store Card.
Bloomingdale's Points vs. The Competition
| Rewards Program | Average Point Value | Value of 1,000 Points |
| Bloomingdale's Loyallist | 0.5 cents | $5.00 |
| JCPenney Rewards | 5 cents | $50.00 |
| Nordstrom The Nordy Club | 1 cent | $10.00 |
| Macy's Star Rewards | 1 cent | $10.00 |
| Belk Rewards+ | 1 cent | $10.00 |
People also ask
Are 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 WriterHow much are credit card points worth?
Credit card points are worth an average of 1 cent each, though point values usually range from 0.5 cents to 1.5 cents, depending on the card and the redemption method. For example, you might spend 2,500 points on a $25 gift card, while the same number of points might only get you $15 when redeemed for merchandise.
Credit Card Point Values by Reward Program
| Type of Credit Card Points ... | Minimum Point Value | Maximum Point Value | Average Value of 1,000 Points |
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 WriterDid 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.