Walgreens Balance Rewards will now expire on a 12-month rolling basis

If you are participating in the Walgreens “Balance Rewards” program, a chance is coming! Starting August 25 in 2017, your rewards will be expiring after 12 months. This is on a rolling basis depending on when you earned the rewards. This will make it harder to bank reward points so you can redeem them for the bigger and better prizes. This also means that if you don’t pay attention, you will likely lose most of your points.

A little known fact is that you can redeem as little as 1000 points, which may sound like a lot but it’s actually just $1. Walgreens is one of only a few companies that do the sneaky thing of equating 10 points to a penny, making it look like you have a LOT of rewards, when you don’t actually. Most other companies these days are honest enough to do 1 point = 1 penny, which makes it easier for the consumer.