August 2024
Bilt Rewards, the pioneering loyalty program that transformed rent payments into rewards, announced a significant expansion of its neighborhood rewards program through a strategic collaboration with Walgreens, the leading independent retail pharmacy and healthcare provider.
This cooperative effort introduces an innovative "Automatic Healthcare Savings” program, marking the first time customers can effortlessly apply any network branded Flexible Spending Account (FSA) or Health Savings Account (HSA) benefits card to purchases at a major pharmacy chain.
The new program eliminates the need to carry separate FSA or HSA cards and removes the guesswork in identifying eligible items, addressing the approximately $4 billion in FSA dollars lost annually due to non-use.
Key features of the Bilt-Walgreens collaboration powered by Banyan's SKU-level data platform include:
For more information, see the press release here