AARP Rewards vs. Past Credit Card Points
It is a common misconception that AARP Rewards points have a fixed value, such as one cent per point, which was the case for the former AARP credit card program. However, that system has been replaced with a cash-back credit card and the separate AARP Rewards program for engaging with content on the AARP website and app. In the current points-based program, their value is not static but fluctuates depending on how they are redeemed.
The AARP Rewards program is a loyalty system designed to reward users for a variety of activities. These include playing games, taking quizzes, tracking fitness activities, and watching educational videos. For many, the program is a way to engage with AARP's resources while earning perks, rather than a primary source of cash back or monetary gain.
Unlocking Value: Your Redemption Options
Since there is no fixed monetary conversion, understanding your redemption options is key to determining the practical value of your points. The AARP Rewards catalog offers several ways to use your points, each with a different potential return.
Gift Cards
Redeeming points for gift cards is a popular option. While the value per point can vary, AARP members can access exclusive deals on gift cards, sometimes saving up to 10% on popular brands for travel, retail, and restaurants. This provides a direct path to tangible savings and can offer one of the most reliable forms of value.
Sweepstakes Entries
Points can be redeemed for entries into various sweepstakes, which offer the chance to win prizes ranging from gift cards to large vacations. The value here is purely speculative. While the potential prize is high, the odds of winning are typically low, making this a high-risk, high-reward option. For many, it's a way to use spare points for a fun chance at something bigger.
Local Deals and Discounts
The program also features local deals and discounts with merchants. You can redeem points for coupons or mobile discounts at stores and restaurants in your area. The value of these redemptions is entirely dependent on how often you use the offers and the quality of the discounts available near you.
Other Options
Other redemption options include merchandise, magazine subscriptions, charitable donations, and member-exclusive offers. While not all of these have a clear monetary value, they can provide a way to put your points toward a cause or product that you find valuable.
Maximizing the Value of Your AARP Points
As an AARP member, you have a distinct advantage in the rewards program, with the ability to earn 50% more points on qualifying activities and access to a wider range of members-only rewards.
Best Strategies for Point Redemption:
- Prioritize Discounted Gift Cards: For the most reliable and direct monetary value, focus on redeeming your points for discounted gift cards, especially if you are an AARP member with access to exclusive deals.
- Evaluate Sweepstakes Prudently: Use a small portion of your points for sweepstakes entries. Remember, this is a gamble, and the value is not guaranteed.
- Check for Local Deals: If you have an immediate need for a discount on a purchase from a local merchant, check the rewards catalog for relevant local deals.
A Comparison of AARP Rewards Redemption Options
| Redemption Option | Estimated Value | Details |
|---|---|---|
| Gift Cards (Discounted) | Varies, potentially high | Members can receive significant savings on gift cards for travel, retail, and more. Requires a membership to unlock maximum value. |
| Sweepstakes Entries | Speculative | Very low probability of a high-value prize. The value is a matter of luck. |
| Local Deals | Variable | Value depends on the specific offer and the relevance to your needs. |
| Charitable Donations | Intangible | The value is in the contribution itself, not a monetary return to you. |
A Note on Point Expiration
One important factor in determining how to best utilize your points is their expiration date. AARP Rewards points expire 12 months after they are earned, on a rolling basis. This means that unredeemed points from October 2024 will expire on November 1, 2025. Be sure to check your account's transaction history regularly to ensure you use your points before they are gone.
Conclusion: The Final Word on AARP Point Value
Ultimately, the value of your AARP Rewards points is not a single, fixed number but a flexible metric dependent on your redemption choices. For those looking for tangible savings, discounted gift cards are often the most effective option, especially for AARP members who receive better offers. For those with a more adventurous spirit, sweepstakes and instant win games offer a chance at a larger prize. The key is to engage with the program's activities, be mindful of the expiration policy, and choose redemption options that align with your personal needs and preferences. While the rewards are different from the cash back offered by the AARP credit cards, they still provide a worthwhile way to benefit from your engagement with AARP’s resources.
For the most current information and to browse available redemptions, visit the official AARP Rewards page at https://www.aarp.org/rewards/.
