Let's say I go to walmart, pick up my prescriptions and pay for them at the regular check out with my groceries. Would the entire transaction fall under the grocery category so I can earn 3x cash back? Or would the system recognize only my actual grocery purchases for rewards purposes?
I never had to consider this before, but now that the "affordable" health care act kicks in next week I find myself having to shell out an extra $3,000 a year for medications. It would be nice to at least earn something back....
ty,
Starting Score: EQ 609 EX 570 TU 656 March 2012 CH 7 BK 12/08
The entire transaction is encoded with the merchant category code for that location.
It doesn't matter what you buy. Just where you buy it.
PS: Citi Dividend Platinum Select credit card has 5% totating categories. First quarter of 2014 includes Drug Stores.
Good to know. 
@Themanwhocan wrote:The entire transaction is encoded with the merchant category code for that location.
It doesn't matter what you buy. Just where you buy it.
PS: Citi Dividend Platinum Select credit card has 5% totating categories. First quarter of 2014 includes Drug Stores.
I wonder if the pharmacy in Walmart is coded differently than Walmart itself.
That's what I'm wondering. Sounds too good to be true that I can by a big screen TV from walmart, and it's going to qualify for a grocery purchase for rewards purposes.
@jeffg330 wrote:That's what I'm wondering. Sounds too good to be true that I can by a big screen TV from walmart, and it's going to qualify for a grocery purchase for rewards purposes.
It depends.
Some super walmarts are coded as Grocery stores, some walmarts are coded as Discount stores. Some walmarts have a clinic that is coded as Health & Medical Services/Supplies. etc.
@CribDuchess wrote:Wells Fargo Cash Rewards Visa has 5% cash back on groceries, drugstores and gas purchases for the first 6-months and there isn't a cap. No annual fee. My DH currently has the card and when the initial 6 months are up, I'm going to apply so we can another 6-months.
A way to get 2% cash back year-round on drugstore purchases is to get the US Bank Cash+ Visa. There's no limit on the 2% rewards either. Not as good as 5%, but it's better than 1%.
IF you can get a Huntington voice card, you can select 3% CB on Pharmacy.
Currently you have to be in their area in order to prove your identlty in person (ie, in the bank)