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myWalgreens™ Mastercard®

Cory Santos

| Last updated on October 19th, 2023

myWalgreens™ Mastercard®

myWalgreens™ Mastercard®
BestCards refers to a variation of FICO Score 9, which is one of many different types of credit scores. A financial institution may use a different score when deciding whether to approve you for a credit card. Please note that the range shown here is our own estimation and not a guarantee of credit needed to be approved for any given card. Recommended Credit: Excellent / Good
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None Annual Fee

myWalgreens™ Mastercard®

  • 23.24%, 29.24% and 32.44% variable based on creditworthiness and the Prime Rate Regular Purchase APR
  • 29.99% Cash Advance APR

At a Glance

The myWalgreens™ Mastercard® from Synchrony offers Walgreens loyalty members additional ways to rack up rewards points outside of Walgreens and Duane Reade locations. The card features up to 10% back on purchases, 3% back on select purchases outside the brand/stores, and more – all for no annual fee.

  • Best Benefits
  • Rates & Fees
  • Why Should You Apply?
  • No annual fee
  • 10% rewards on Walgreens brand purchases
  • 5% rewards on all other Walgreens purchases
  • 3% on grocery and health & wellness purchases outside of Walgreens
  • 1% rewards on other purchases everywhere Mastercard is accepted
  • Regular Purchase APR: 23.24%, 29.24% and 32.44% variable based on creditworthiness and the Prime Rate
  • Cash Advance APR: 29.99%
  • Cash Advance Transaction Fee: Either $10 or 5% of the amount of each cash advance, whichever is greater
  • Foreign Transaction Fee: 3% of the amount of each transaction in U.S. dollars
  • Late Payment Penalty Fee: Up to $40
  • Return Payment Penalty Fee: $29
  • You're an existing myWalgreens loyalty member
  • You want to earn additional rewards outside of Walgreens or Duane Reade
  • You're okay with limited redemption options
  • You do't want to pay an annual fee

myWalgreens™ Mastercard® Review

The myWalgreens™ Mastercard® is a retail rewards credit card that helps Walgreens customers maximize their savings when shopping with the healthcare and drug store brand. The card, from Synchrony Bank, offers up to 10% back on eligible purchases with Walgreens brands and more – all for no annual fee.

How to Earn Cash Back

The Walgreens Mastercard works together with the pharmacy giants myWalgreens rewards program. Cardholders get rewarded every time they use the card where Mastercard is accepted – with additional rewards for purchases in select categories and with Walgreens brands (including Walgreens,, and Duane Reade stores.

Sign-Up Bonus

New accounts earn a $25 bonus after meeting minimum spending requirements within the first two months. Cardholders receive $25 Walgreens Cash rewards when they use their new card to make a first purchase within 45 days. This bonus has a value of 25,000 points.

Walgreens Purchases

Cardholders earn 10% cash back on Walgreens own-brand purchases and 5% back on all other Walgreens brands and pharmacy purchases. However, keep in mind that some exclusions apply to these bonus cash back rewards categories, including:

  • Multiple item purchases that also include prescriptions or pharmacy products or services at any Walgreens store or Duane Reade store owned by Walgreens located in Arkansas, New Jersey or New York
  • Prescriptions or pharmacy products ordered online and picked up at these stores, or any prescriptions or pharmacy products that are delivered to an address in Arkansas, New Jersey or New York

Grocery, Health, & Wellness

The myWalgreens™ Mastercard® also earns additional rewards on purchases outside of Walgreens and Duane Reade stores – something the store version of the card, the myWalgreens Credit Card, does not. Cardholders earn 3% cash rewards on grocery, plus health and wellness purchases outside of Walgreens, placing the card’s earning rate on par with other versatile cash back cards. All other purchases with the myWalgreens Mastercard earn 1% back for every dollar spent wherever Mastercard is accepted worldwide.

That 3% back on groceries and wellness is a quality bonus rate – superior to what is available from many flat-rate cash back credit cards. The TD Bank Double Up, or Citi Double Cash, for example, both offer unlimited 2% back on all purchases )with the Double Cash earning ThankYou Points). 

Conversely, some cash back cards with broad bonus categories, such as the Bank of America Customized Cash or Citi’s Custom Cash, provide greater rewards and access to other bonus spend categories, should your spending habits change with time. As an example, here are the current 5% back categories with the Custom Cash:

Dining Fitness clubs Grocery stores
Drugstores Gas stations Home improvement stores
Travel & transit (select) Live entertainment Streaming service (select)

Other Cards to Compare

Is the Walgreens Mastercard credit card right for you? Here are two other cash back credit card offers to consider:

myWalgreens™ Mastercard®

TD Double Up

Upgrade Triple Cash Rewards Visa®
Annual fee None None None
Rewards 10% rewards on Walgreens brand purchases, 5% on all other Walgreens purchases, 3% on grocery and health & wellness purchases outside of Walgreens, and 1% on everything else Unlimited 2% cash back on all purchases Unlimited cash back on payments – 3% on Home, Auto and Health categories and 1% on everything else
Welcome bonus $25 cash reward after 1st purchase in 45 days $100 credit after spending $1,000 within the first 90 days $200 bonus after opening a Rewards Checking Plus account and making 3 debit card transactions
Network Mastercard Visa Mastercard

For those wondering, “Home” with the Upgrade Triple Cash Rewards Card is very broad, including many eligible Merchant Category  Codes (MCCs). Eligible “Home” purchases include AC and fridge repair, Carpet and upholstery cleaning, electrical work, contractors, fireplaces, heating, plumbing, furniture, lawn and garden stores, pools, roofing, and many other everyday categories. Additionally, “Health” covers many of the same categories as the Walgreens credit card, including drug stores, pharmacies, health and beauty, and more. 

How to Redeem myWalgreens Points

Since the myWalgreens™ Mastercard® operates within the myWalgreens Rewards Program, the cash back rewards the card earns are, in fact, reward points that are redeemable through the loyalty program (with the only other option being a statement credit towards the card’s monthly statement.

Rewards in the myWalgreens program are redeemable in whole dollar intervals, with $1 (1,000 points) being the minimum and 50,000 points ($50) being the maximum amount redeemable in a single transaction. Members are also capped at 100,000 myWalgreens points per day when redeeming.

Members can use their points to make purchases both in-store and online. In-store users can ask the cashier to apply their points at the register during checkout, while online, they can quickly redeem points during checkout. MyWalgreens points expire one year after they are earned or if an account has been inactive for six months.

Store Card Option for Those Who Might Not Qualify

Applying for the Walgreens credit card is actually two applications in one. Like many other co-branded credit cards from large brands, the myWalgreens™ credit card program is two different. The first card is the open-looped Mastercard already mentioned. Open-looped credit cards feature the logo of a payment network, like Visa, Mastercard, or American Express, meaning cardholders can use them anywhere that network is accepted with the myWalgreens™ Mastercard® that is accepted at over 200 nations.

The other credit option is the myWalgreens™ credit card, also from Synchrony. This card is closed-looped, meaning it only works at Walgreens and other eligible locations, namely Duane Reade stores, or online at Because store cards have much-reduced acceptability, they tend to have easier credit score requirements versus other types of credit cards. Therefore, if you don’t qualify for the Mastercard version of the Walgreens credit card, you may qualify for the closed-loop store version.

Both cards earn similar rewards at Walgreens and Duane Reade, namely 10% in Walgreens Cash on eligible Walgreens-branded purchases and 5% back on Walgreens and Duane Reade purchases, including pharmacy purchases. The major difference with the cards is that the Mastercard option also earns 3% on grocery and health & wellness purchases outside of Walgreens, plus 1% back on all other purchases.

Pre-Qualify Online

As mentioned, applying for the Walgreens credit card can result in rejection or one of two credit cards. Fortunately, Synchrony makes it easy to see if credit cards like the myWalgreens Mastercard are right for your credit profile before applying. You can quickly see if you pre-qualify in seconds with no impact on your credit bureau score.

Related Article: How to Pre-Qualify for a Credit Card

Other Card Features

The myWalgreens Mastercard is like other Synchrony bank co-branded credit cards in that it does not allow balance transfers. And while the card does offer cash advances, the APR for those transactions is exceedingly high – in the realm of penalty APRs. The other major rates and fees note is that the myWalgreens Card charges a foreign transaction fee of 3% of the transaction in U.S. dollars.

Synchrony also provides free credit monitoring for cardholders – something available for both the store card and the open-loop Mastercard. As noted, the card features a $0 annual fee.

Other features with the card include Mastercard protections, including:

Zero Liability Protection Mastercard Global Services ID Theft Protection

Synchrony Ratings

What is Synchrony like as a credit card issuer? Here is a selection of reviews for the bank:

Should You Apply for the myWalgreens™ Mastercard®?

The myWalgreens™ Mastercard® is an attractive credit card for those who frequently shop at Walgreens or Duane Reade since it can provide exceptional savings at the register. Simply applying for the card requires membership in myWalgreens.

For members, the card offers exceptional value – especially since it charges no annual fee. Members can add additional rewards points to their overhaul with own-brand purchases and even more rewards through the grocery and wellness categories.

Beyond the myWalgreens points, however, the card doesn’t offer a huge amount of value. Those who prefer to get many of their everyday items from Walgreens might provide an added boost to their in-store savings. Still, there is a huge assortment of rewards credit cards that offer significantly more value for those who aren’t brand-loyal. 


Browse Other Card Offers:

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