Bilt Expands Into Well being Care With Walgreens Partnership

Bilt Rewards, a loyalty program that provides a strategy to earn rewards on lease, introduced a brand new partnership with Walgreens that’ll make it simpler to make use of a versatile financial savings account (FSA) or well being financial savings account (HSA) for eligible purchases on the pharmacy chain. You may also earn additional Bilt factors if you store at Walgreens. These new advantages are already dwell within the up to date model of the Bilt app.

While you hyperlink your Bilt account with an FSA or HSA card, Bilt can mechanically detect eligible FSA or HSA purchases at Walgreens in your different linked credit score and debit playing cards. Via the Bilt app, you possibly can select to use your FSA or HSA funds to eligible purchases, and Bilt will credit score your authentic type of fee. You’ll additionally earn Bilt factors for spending at Walgreens with any card linked to your Bilt account.

This partnership presents a straightforward strategy to automate relevant well being care advantages and earn extra Bilt factors.

Bilt’s new well being care profit basically helps folks get monetary savings through the use of the cash they’ve put aside for well being care bills in an FSA or HSA. These financial savings accounts could be troublesome to make use of as a result of folks may not concentrate on which purchases qualify or they neglect their FSA card on the pharmacy.

In a information launch saying the Walgreens partnership, Bilt says the brand new function addresses the “roughly $four billion in FSA {dollars} misplaced yearly as a consequence of non-use.” It’s additionally the primary time this profit has been accessible at a serious pharmacy chain, based on Bilt.

So how does it work? First, you’ll must hyperlink your FSA/HSA card and the debit or bank card you employ for drugstore purchases. While you store at Walgreens utilizing any debit or credit score linked to your Bilt account, Bilt will establish which gadgets are eligible for FSA or HSA reimbursement and provide to use advantages with a single click on.

Bilt says this “eliminates the necessity to carry separate FSA or HSA playing cards and removes the guesswork in figuring out eligible gadgets.” Bilt additionally doesn’t promote member knowledge, so your well being care purchases will stay personal.

You don’t must hyperlink your FSA or HSA card to profit from the Walgreens partnership. If in case you have any credit score or debit card to your Bilt Rewards account and store at Walgreens, you’ll earn:

• 1 Bilt Rewards factors per $1 spent on all Walgreens purchases.

• 2 Bilt Rewards factors per $1 spent on Walgreens-branded gadgets.

• 100 Bilt factors on prescription refills (topic to exclusions).

You could possibly earn much more Bilt factors through the use of the Bilt World Elite Mastercard® Credit score Card, for a further 1 Bilt level per $1 spent on the cardboard, however different playing cards can earn extra factors on drugstore purchases. The cardboard should be used 5 occasions per assertion interval to earn factors on lease and qualifying web purchases (purchases minus returns/credit) for that assertion interval.

Since you’ll earn Bilt Rewards for spending at Walgreens with any linked debit or bank card, you may use a card that earns bonus rewards at drugstores and stack them with Bilt Rewards.

Bilt Rewards switch to a number of airline and resort companions, together with Alaska Airways Mileage Plan and World of Hyatt, making it an effective way to earn transferable factors you can redeem for journey. Bilt Rewards is free to hitch, and also you don’t should be a Bilt cardholder to earn rewards. When you do any spending at Walgreens, Bilt’s new partnership with the pharmacy is a straightforward and free strategy to earn additional factors in your purchases.