Saks points are worth 1 cent each, on average. For example, 10,000 Saks points have a dollar value of roughly $100. As a result, Saks points are less valuable the average department store retail rewards points, which are valued at 1.72 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...
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