HBC Rewards points do have an expiration policy that is important for members to be aware of. Generally, HBC Rewards points remain valid as long as there is activity in the account at least every 18 months. This means that if points are earned or redeemed within that timeframe, the points will not expire. However, if there is no account activity for 18 months or more, the points may be forfeited. It is advisable for members to check their account regularly to ensure they are actively earning or redeeming points. For the most accurate and current information regarding expiration policies and account activity, it may be helpful to refer to the official HBC website.