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Its hit and miss, in the 4+ years I have had the WM store card I have never been offered an upgrade and if I were now I would decline as I am not interested in a new TL for this card.
i opened my WM card last november and was approved for the store card with a 300 CL only NOT the MC, so a year later my account CL is now $10k but have not been offered a MC. I also called and asked when and or if they even upgrade the store card for the mc and they said, synchrony randomly reviews accounts and sometimes do extend an offer to convert the store card to MC, but no say when or how they do this.
hope this helps.