Walgreens is making some big changes to its rewards program in the coming weeks, and you’re gonna want to know what they’re planning — especially if you’ve been racking up points.
Here’s what you can expect from the Walgreens Balance Rewards changes:
Earn as many points as you want, but you can only spend $5 in rewards at a time.
Walgreens customers will still be able to earn unlimited points — 10 points for every dollar spent in the store — but starting in November, there will only be 5 tiers of rewards (aka discounts on Walgreens purchases) for those points:
- 1,000 points = $1 off
- 2,000 = $2
- 3,000 = $3
- 4,000 = $4
- 5,000 = $5
Basically, that means that even if you have 40,000 points, you’re limited to spending $5 in rewards per transaction. Doesn’t really help with those big purchases anymore.
Say adios to any rewards over $5.
There used to be 8 tiers in Balance Rewards, going all the way up to 40,000 points — a $50 off reward. No longer.
While it’s a bummer not to have the opportunity to save $50 on a purchase, Walgreens says only 2% of its Balance Rewards customers redeem points higher than $5.
Walgreens will still do points offers on promoted products.
Stay tuned to our Walgreens deals page, and you’ll keep tabs on special offers.
Got a lot of points? Use ’em before November.
But if you’ve been saving up and you have $20 worth or more, hurry and use those reward discounts before November.
Your 40,000 points that are worth $50 right now will only be worth $40 when the changes take place (and you’ll only be able to use them $5 at a time). That’s a 20% reduction in value!
And no matter what, use your points before they expire after a year.