Points earned will expire at the end of the calendar month one year after they are earned.Click to see full answer. Similarly, it is asked, how much are Samsung reward points worth?See Samsung Rewards program terms and conditions. *When using Samsung Rewards points at checkout, each point is worth $0.005, which means that 200 points equals $1 in redemption value.Also, what happened to Samsung rewards? Again, there has been no official announcement from Samsung SA, apart from the banner ad that met all users when logging into the app as of 1 June 2018. From 8 June 2018, users will no longer be able to earn any additional points towards the rewards programme, which will officially close its doors on 31 August 2018. In this regard, how do Samsung Reward Points work? Samsung Rewards is a loyalty program where users earn Samsung Rewards points by buying Samsung products and using Samsung services. Points can be redeemed toward purchases at in the Shop Samsung app, the Galaxy Store, or in the Samsung Rewards catalog for products, the chance to win prizes, and more.How do I redeem my Samsung rewards? Redeem reward points Open Samsung Pay on your phone, and then tap Rewards. Next, tap More Options > Redeem points, or tap REDEEM POINTS located next to your points. Browse through the tabs and then select the desired item to redeem your points.