Actually, the points never expire. I save mine for a year or so. I make use of the special 10x points events which are twice yearly. They have double point events frequently.
http://about.nordstrom.com/aboutus/credit/fashionrewards/default2.asp
There are a couple of different tiers of points and they use their own credit card or a Visa card. They will also give 2-3 points per dollar spent in
Nordstrom and 1 point per dollar spent on the Visa at any other place. I believe you get $20/$1000 spent. Unlike NM in-circle program, the points NEVER expire despite the expiration date printed on the certificate. I just bought my GST and spent under $300 of my own money on it.
You can "cash" the points on gift cards if you don't believe the points won't expire.
I bought my first Chanel bag (medium black caviar flap with silver hardware) two years ago with my accumulated points. Yes, I spend gobs of money at
Nordstrom and they make it worth my while with their excellent rewards program. Now, if they only sold my makeup, then I wouldn't even consider shopping at NM.... I haven't bought anything at Saks in years.
--Judy