Walgreens Eyes Wall Street’s Turf With New Bank Account Offering

Photographer: Luke Sharrett/Bloomberg
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Walgreens wants customers to think about it for more than medicine and snacks -- it wants to be their bank too.

The drugstore chain will debut a new bank account for customers that will offer rewards tied to its loyalty program, Walgreens Boots Alliance Inc. said in a statement on Tuesday. The accounts will be established at MetaBank and also come with a Mastercard Inc.-branded debit card, Walgreens said.