Walgreens has partnered with Synchrony and Mastercard to expand its financial services offering as part of its ongoing commitment to offer differentiated healthcare services and benefits to customers.
Walgreens will soon launch credit cards, issued by Synchrony, as well as a prepaid debit card, both of which will be powered by the Mastercard network. TheThe credit cards will closely connect with Walgreens new customer loyalty program, myWalgreens, which launched in November 2020, and cardholders will be able to receive myWalgreens cash rewards and other offers.
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. They will have access to contactless shopping experiences and mobile-first money management features as well as the opportunity to earn accelerated rewards.
Those same customers will also be able to use the flagship, co-branded credit card to make purchases at other retailers and places of business wherever Mastercard is accepted, and earn rewards, including accelerated rewards when shopping products in the health and wellness category, an area Walgreens champions in communities across America.
John Standley, Walgreens president, commented:
“Walgreens is committed to providing our customers and patients with unparalleled loyalty and rewards experiences for managing their health and well-being, and we are excited to partner with Synchrony and Mastercard, who share our commitment to support healthy communities, As we continue to focus on creating new revenue streams, we look forward to exploring and introducing even more health and well-being payment initiatives in the near future.”
Brian Doubles, President of Synchrony, commented:
“Synchrony is proud to be Walgreens’ partner of choice for this new Walgreens Mastercard,”“Walgreens champions the health and well-being of communities, and with our technology and healthcare financing expertise, we will join forces to create convenient payment solutions and digital experiences to help customers pay for their everyday purchases.”
Linda Kirkpatrick, president of North America at Mastercard, commented:
“We understand the critical need to prioritize the consumer experience in a way directly relevant to their everyday lives, and this card is representative of that, We are proud to be teaming up with Walgreens and Synchrony to further connect their customers to the digital economy and enhance the consumer health and pharmacy experience through our differentiated technology and established role in healthcare
