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Eligible customers will be able to use the Walgreens credit card for purchases at more than 9,000 Walgreens stores, Walgreens.com and via the Walgreens mobile app.Walgreens is making the next move in the retail health wars. On Jan. 13, the pharmacy giant announced it will launch a prepaid debit card and Synchrony-issued credit cards — both powered by the Mastercard network.
The credit cards will connect with Walgreens new customer loyalty program, myWalgreens, which launched in November. Cardholders will be able to receive myWalgreens cash rewards and other offers, and the co-branded credit card will offer a wider range of benefits provided through Synchrony and Mastercard when used at other retailers and service providers. Eligible customers will be able to use the Walgreens credit card for purchases at more than 9,000 Walgreens stores, Walgreens.com and via the Walgreens mobile app. Cards are expected to be available in the second half of this year.
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Even though people are living longer, they aren’t necessarily living those additional years in good health.
Health plan trends have increased between 5% and 7% each year for the past 10 years before seeing a hiccup in 2020.
Per-person spending has risen 21.8% since 2015.
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