As many of you know, Portland is a test market for Walgreens new Rewards Card program. I asked Brittany, our Walgreens expert, to explain how the program works and if it’s something to get excited about.
If you live in the Portland area and you shop at Walgreens, you probably have a Walgreens Rewards card by now. You might look at the ad and see statements like “10x points” and “500 bonus points” when you purchase select items. These statements might have you a little confused. What do these bonus points translate to in dollars? The short answer: not much. The day these bonus points ad up to much of anything, I will make mention of it.
Here’s a little rewards card 101:
:: $1 spent = 10 points
When you spend $1 at Walgreens you will get 10 points. When you spend $.99 at Walgreens you will get 0 points (kind of stingy).
:: You must spend REAL money
When we say $1 we mean $1 of REAL money. You are going to have to actually spend some cash to see any points accumulate on your account. If you purchase the Frixion Gel pens this week they will cost you $1.99. Technically you should receive 10 points. But then you use coupons and your total comes to $0. Because you actually didn’t fork over any real money, you get 0 points.
For this reason, I have a bathroom cabinet bursting at the seems with Walgreens purchases and I have about 300 points to show for it.
:: 2000 points = $5 rewards certificate
You must accumulate 2000 points in order to get a $5 rewards certificate. That means you will have to spend $200 in order to get a $5 rewards certificate. That means for every dollar you spend you will get 2.5 cents back (assuming you EVER reach 2000 points).
:: What 10x points translates to
If an item in the ad says 10x points it still won’t amount to much. Lets say you purchase a $3 item. If you multiply this by ten you get 300 points. Remember you need 2000 points to get your $5 reward. This means your points will be worth roughly $.75.
If you want an easy way to figure this out, just multiply each dollar spent by 2.5 cents. If you have 5x points, then take that number and multiply by five.
:: 500 bonus points
Sometimes you will get bonus points for buying an item. Just remember that 2000 points is $5. So 500 bonus points would be $1.25. In most cases, this won’t be enough to make the item a good deal.
:: Redeeming Your Rewards
In order to ever see your rewards you will need to create and account at the Walgreens Rewards website and redeem your rewards.
Is it Worth it?
After reading this you might wonder if it is worth the hassle to bring your rewards card to Walgreens at all. The answer is absolutely yes. If you shopped at Walgreens before the rewards card days you will remember having to clip countless Walgreens coupons out of the ad. Now when you scan your Walgreens card, all of the in-ad coupons are automatic. Without the card you will miss out on a lot of deals.
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