Does the myWalgreens Mastercard have an annual fee?

No. Our record lists a $0 annual fee for the myWalgreens Mastercard.

What does the myWalgreens Mastercard earn?

5x on walgreens purchases, and 1x on other purchases.

Is the myWalgreens Mastercard worth it in the first year?

Using our illustration ($12,000 of yearly spending, $3,000 of it in walgreens purchases), the first year comes out around $240 before credits, including a welcome bonus valued at $0. Year two drops to about $240 before credits.

What credit do I need for the myWalgreens Mastercard?

Our record lists "Good" credit as the typical target for the myWalgreens Mastercard. Synchrony makes the final decision based on its own criteria.

myWalgreens Mastercard

Synchrony

No Annual Fee

Annual Fee

mastercardGoodno-annual-fee16 days ago

Welcome Offer

No Welcome Offer

OpenCard analysis

Is the myWalgreens Mastercard right for you?

The myWalgreens Mastercard is a no-annual-fee rewards card from Synchrony. Its strongest everyday earning is 5x on walgreens purchases, with 1x on most other purchases. With no fee, the question is simply whether 5x on walgreens purchases beats what your current card earns there.

Who it's for

✓ People who spend steadily on walgreens purchases, where it earns 5x
✓ Anyone who wants walgreens purchases rewards without paying an annual fee

Who should skip it

— Heavy spenders outside walgreens purchases — everything else earns 1x

First-year value estimate

Welcome bonus

Rewards on spending

$240

Annual fee (year 1)

−$0

Year 1, before credits

$240

Year two, without the welcome bonus: about $240 before credits ($240 in rewards minus the $0 fee).

Assumptions

$3,000 a year in walgreens purchases (5x) and $9,000 on everything else (1x) — $12,000 total, about $1,000 a month.
Rewards valued at 1¢ per point or 1% cash back (cash-equivalent).
No welcome bonus is listed in our record, so none is counted.
No annual fee in any year.

An illustration, not a promise of value. Change the spending to match yours; rewards are not cash until redeemed. Card data reviewed 2026-10-03.

How it compares

Amex Cash Magnet →

American Express, same $0 annual fee; earns 1.5x on everything.

American Express EveryDay →

American Express, same $0 annual fee; earns 2x on U.S. gas stations.

Apple →

Goldman Sachs, same $0 annual fee; earns 3x on Apple Purchases.

Compare side by side →

Frequently asked questions

Does the myWalgreens Mastercard have an annual fee?: No. Our record lists a $0 annual fee for the myWalgreens Mastercard.
What does the myWalgreens Mastercard earn?: 5x on walgreens purchases, and 1x on other purchases.
Is the myWalgreens Mastercard worth it in the first year?: Using our illustration ($12,000 of yearly spending, $3,000 of it in walgreens purchases), the first year comes out around $240 before credits, including a welcome bonus valued at $0. Year two drops to about $240 before credits.
What credit do I need for the myWalgreens Mastercard?: Our record lists "Good" credit as the typical target for the myWalgreens Mastercard. Synchrony makes the final decision based on its own criteria.

Earning Rates

5×Walgreens purchases

1×All other purchases