MyWalgreens® Credit Card Review: Rewards, Fees & Benefits

Welcome Bonus

$25

Welcome Bonus

Rewards

Reward TypeCash Back

Base Rate1x / 1%

Bonus RateUp to 10x

Point Value~0.01¢ each

Travel Portal1x

ExpirationWalgreens Cash rewards expire one year after they are earned or if your myWalgreens account is inactive for 6 months.

Redemption NotesWalgreens Cash rewards are not legal tender. No cash back. Not valid on prescriptions, tobacco, alcohol, dairy, or other items excluded by law or store policy.

Category	Rate	Type	Cap
Online Shopping Earn 10% Walgreens Cash rewards on eligible Walgreens branded products and pharmacy purchases when you use your myWalgreens Credit Card at Walgreens.	10x	Cash Back	No cap
Online Shopping Earn 5% Walgreens Cash rewards on eligible purchases at Walgreens when you use your myWalgreens Credit Card.	5x	Cash Back	No cap
Groceries Earn 3% Walgreens Cash rewards on eligible health & wellness purchases outside of Walgreens when you use your myWalgreens Mastercard.	3x	Cash Back	No cap
All Other Purchases Earn 1% Walgreens Cash rewards on all other purchases wherever Mastercard is accepted when you use your myWalgreens Mastercard.	1x	Cash Back	No cap

Benefits & Protections

No Foreign Fees

Benefit	Category	Value / Coverage
No Annual Fee The myWalgreens Credit Card has no annual fee.	Financial	No annual fee
Digital Account Management Manage your myWalgreens Credit Card account online, including viewing statements, making payments, and monitoring activity.	Security	—
Zero Fraud Liability Cardholders are not responsible for unauthorized purchases made with their myWalgreens Credit Card.	Security	—
Walgreens Cash Rewards on All Other Purchases Earn 1% Walgreens Cash rewards on all other eligible purchases wherever Mastercard is accepted.	Shopping	1% Walgreens Cash rewards
Walgreens Cash Rewards on Grocery & Health & Wellness Earn 3% Walgreens Cash rewards on eligible grocery and health & wellness purchases made outside of Walgreens, wherever Mastercard is accepted.	Shopping	3% Walgreens Cash rewards
Walgreens Cash Rewards on Other Walgreens Purchases Earn 5% Walgreens Cash rewards on all other eligible purchases at Walgreens, including the pharmacy, when you use your myWalgreens Credit Card.	Shopping	5% Walgreens Cash rewards
Walgreens Cash Rewards on Walgreens Brand & Pharmacy Earn 10% Walgreens Cash rewards on eligible Walgreens brand products and pharmacy purchases when you use your myWalgreens Credit Card.	Shopping	10% Walgreens Cash rewards
Welcome Bonus Receive a $25 Walgreens Cash rewards bonus after making your first purchase within 45 days of account opening.	Shopping	$25 Walgreens Cash rewards Up to $25

Interest Rates

Purchase APR29.99% Variable

Cash Advance APR29.99%

Penalty APR29.99%

Min. Interest Charge$2

Deferred Interest Warning: Interest will be charged to your account from the purchase date if the promotional purchase is not paid in full within 6 or 12 months or if you make a late payment.

Fees

Annual Fee $0 — No Annual Fee

Authorized User FeeFree

Foreign Transaction FeeNone

Balance Transfer FeeEither $10 or 5% of the amount of each balance transfer, whichever is greater.

Cash Advance FeeEither $10 or 5% of the amount of each cash advance, whichever is greater.

Late Payment FeeUp to $41

Returned Payment FeeUp to $41

Approval & Eligibility

580 Recommended minimum FICO · Range 580–850

300 Poor580 Fair 670 Good740 Very Good 800+ Exceptional

Approval DifficultyModerate

Credit ProfileFair

Approval OddsGood

Decision TimeInstant

Pre-QualificationAvailable (no hard pull)

Co-ApplicantNot allowed

Business EligibleNo

Issuer Rules & Restrictions

Maximum Cards per Issuer

You can hold up to 10 cards from this issuer simultaneously.

Shutdown Risk Triggers

Common triggers for Synchrony account shutdowns include high cumulative credit limits across multiple Synchrony accounts, prolonged account inactivity, missed or late payments, abuse of promotional offers (e.g., deferred interest), and significant negative changes to creditworthiness (e.g., bankruptcy). While less common for store cards, manufactured spending could also be a trigger for other Synchrony products.

Cliff Effect Rules

Synchrony does not impose strict 'card family' or 'X cards in Y months' application rules similar to other major issuers. Approvals for new cards are generally independent, though overall credit exposure with Synchrony is a factor in new application decisions. There is no specific 'cliff effect' for this issuer in the traditional sense.

International Friendly

May have limitations for international use.

Additional Issuer Rules

Eligibility for the myWalgreens Credit Card (including the Mastercard version) in 2026 requires applicants to be 18+ years old, a U.S. resident with a valid Social Security Number, and demonstrate sufficient income. Credit score requirements vary: the store-only card may approve applicants with fair credit, while the myWalgreens Mastercard typically requires good to excellent credit. New account bonuses often include a statement credit or enhanced rewards on initial purchases within the first 90 days. Synchrony generally allows multiple credit cards per customer, but total credit exposure across all Synchrony accounts is a key approval factor for new applications.

Military & Hardship

MLA Compliant

Complies with the Military Lending Act (36% APR cap for active duty servicemembers).

Hardship Program

Hardship program available.

MyWalgreens® Credit Card

Welcome Bonus

Rewards

Benefits & Protections

Interest Rates

Fees

Approval & Eligibility

Issuer Rules & Restrictions

Quick Summary