myWalgreens Mastercard Reviews: Is It Any Good? (2023) - SuperMoney (2024)

FAQs

What are the benefits of the Walgreens Mastercard? ›

The myWalgreens Mastercard®* allows you to earn 10% Walgreens Cash rewards on eligible Walgreens branded purchases, 5% on other eligible Walgreens brands and pharmacy purchases, 3% on eligible grocery and health & wellness purchases and 1% everywhere Mastercard is accepted.

Where can I use my card? The myWalgreens Credit Card can be used to make purchases at Walgreens and Duane Reade stores or Walgreens.com. Additionally, the myWalgreens™ Mastercard^® can be used anywhere Mastercard is accepted.

myWalgreens® Mastercard®: Variable Purchase APR 25.99%, 31.99% or 34.99%. Cash APR 34.99% and 5% Fee ($10 min). Foreign Trans Fee: 3%. Penalty APR 34.99% or 39.99%.

Issued by Synchrony Bank, the first of their kind myWalgreens Credit Cards reward more personalized wellbeing choices with Walgreens Cash rewards.

The myWalgreens Mastercard® offers top-shelf rewards on spending at Walgreens, plus competitive earning rates on grocery, healthcare, and wellness spending. But rewards are in the form of Walgreens Cash, which can only be used on purchases at Walgreens and doesn't convert to actual cash back.

The Walmart Rewards Mastercard is a no-fee credit card that rewards you for shopping at Walmart stores in Canada and online at Walmart.ca. The Walmart Rewards Mastercard also pays Walmart Reward Dollars on every purchase, which can be redeemed like cash for purchases at Walmart stores and Walmart.ca.

The myWalgreens™ Mastercard® can be used anywhere Mastercard is accepted, and it earns Walgreens Cash on some non-Walgreens purchases.

These cards can be redeemed at millions of locations where Mastercard and Visa are accepted, including at retail stores and online.

How do I avoid paying interest on my Mastercard? ›

Pay your credit card bill in full every month

If you pay off every bill completely, you won't carry a balance into the next month, meaning you won't owe any credit card interest at all.

The Balance Rewards program has ended along with all membership benefits. If you join myWalgreens™ after April 16, 2021, rewards previously earned as a Balance Rewards member will not be reinstated. Join myWalgreens now to unlock sale prices, earn rewards and more—it's free, fast and easy.

In October 2023, S&P downgraded WBA's senior unsecured ratings to BBB-, the lowest rung on the investment-grade ladder. Then, in December 2023, Moody's downgraded WBA's senior unsecured ratings to Ba2, considered “junk status” for the “fallen angel,” companies falling from investment grade.

The cash advance limit for the Walgreens Credit Card is 20% of your credit limit. The exact amount should be listed on your monthly statement or card agreement. The Walgreens Store Card, on the other hand, does not have a cash advance limit because the card does not allow cash advances.

The myWalgreens™ Mastercard® can be used anywhere Mastercard is accepted, and it earns Walgreens Cash on some non-Walgreens purchases.

Save money by unlocking sale prices. Earn unlimited 1% Walgreens Cash rewards storewide on eligible purchases, even at the pharmacy. Earn unlimited 5% Walgreens Cash rewards on Walgreens branded products. Earn bonus rewards by achieving health goals.

The card may be used to pay for eligible expenses under IRS guidelines, including: doctor's visit co-payments; prescription drug co-payments; medical plan deductibles; dependent day care expenses (if dependent care account elected); eligible medical, dental or vision expenses that are not covered by any other plan.

Standard Mastercard Benefits

If your card is a standard Mastercard, these are the included benefits: Zero liability protection: You're not responsible for unauthorized charges made on your card. Global service: Get emergency assistance anytime, anywhere and in any language.