Walgreens is altering their Steadiness Rewards program. They are going to be limiting redemption rewards to simply $5 per transaction.
Sharon Steinmann/The Penny Hoarder
I lately wrote about the best way to get probably the most out of Walgreens Steadiness Rewards after I accrued sufficient factors to redeem a $20 reward in only one month.
Then this week, I began listening to that Walgreens is making some main adjustments to its rewards program. I hadn’t seen something about it on the Walgreens web site and thought for positive I’d have acquired an e mail.
With no luck monitoring down an official assertion by Walgreens, I reached out to the corporate by way of e mail — and it seems what I used to be listening to was true.
Walgreens Steadiness Rewards Modifications Take Impact Nov. four
A Walgreens drugstore is pictured on September 18, 2018 in St. Petersburg, Fla. Sharon Steinmann/The Penny Hoarder
They are saying all good issues come to an finish, and that appears to be the case with Walgreens Steadiness Rewards.
Based on e mail correspondence with Emily Hartwig-Mekstan, senior supervisor of retail and owned model communications, the Walgreens Steadiness Rewards program is “transferring to a simplified five-tier redemption construction whereby each 1,000 factors equals $1, as a substitute of the earlier eight-tiered redemption construction. With this variation, redemptions will likely be restricted to at least one 5,000-point redemption per transaction.”
This implies rewards members will now not have the ability to redeem the $10, $20, $35 or $50 rewards and will likely be restricted to a $5 redemption per transaction as of Nov. four.
Hartwig-Mekstan went on to state, “This alteration impacts a small share of Steadiness Rewards members who redeemed on the escalated tiers up to now. We consider the brand new coverage will incent prospects to redeem their factors extra commonly and result in extra frequent buying and engagement with this system.”
Walgreens has added a discover of adjustments to the Steadiness Rewards explainer web page and positioned fliers in shops.
These adjustments will solely have an effect on level redemption, not current balances.
So when you’re a kind of Steadiness Rewards members who’s been saving up factors for an enormous reward, you could have till Nov. four to redeem at an escalated tier. In any other case, you’ll must plan on redeeming in increments of $5 per transaction any more.
Jessica Grey is an editorial assistant at The Penny Hoarder.
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