Yes. In the "Place an order" earning rule, add up to 10 earning rules for different products or collections. For example, customers earn 2 points per $1 on "Bestsellers" and 1 point per $1 on everything else. Or a bundle earns a fixed 30 points per order. You can also exclude products or collections, such as gift cards, so they earn no points.
Learn more: Earning rule – Place an order · Setting up ways to earn