Update 2/5/23: Card is live now. Also comes with $25 Walgreen’s cash signup bonus with first purchase. (Note: There are some restrictions on the rewards.)
Update 8/1/21: More details regarding the new card.
- 10% Walgreens Cash rewards on Walgreens branded purchases (exclusions apply)
- 5% Walgreens Cash rewards on all other Walgreens brands and pharmacy purchases (exclusions apply)
- 3% Walgreens Cash rewards on grocery and health & wellness purchases (Mastercard version only)
- 1% Walgreens Cash rewards on all other purchases (Mastercard version only)
Original post: Walgreens will launch a cobranded credit card and prepaid debit card later this year, according to CNBC. The cards will be issued by Synchrony and will run on the Mastercard network.
The cards will offer rewards which tie into the myWalgreens loyalty program that just launched in November; no more information is given on the earning rates for the credit card. myWalgreens (without the credit card) offers 1% back on all products and 5% back on Walgreen’s branded products.
Source: doctorofcredit.com