CVS launches pilot membership program: $5 monthly gets you $10 store credit

CVS launches pilot membership program: $5 monthly gets you $10 store credit

Excerpts from the article by Nathan Bomey on USA TODAY

CVS Health is launching a pilot membership program that provides delivery perks, discounts and $10 monthly to spend in its stores.

The drugstore giant, one of the largest retailers in the U.S., will charge $5 monthly or $48 for a full year for the new CarePass program, which will be tested in Boston.

"The goal is to expand the program nationally but the pilot is to test-and-learn so we can make sure it is a great experience for customers," CVS spokesperson Erin Pensa said in an email.

The $10 monthly store credit can be spent on most retail items at CVS Pharmacy locations but doesn't roll over to the next month if you haven't used the full amount.

The membership program includes free one-day or two-day delivery on certain prescription drugs and "eligible purchases" from the company's website with no minimum amount required, CVS said.

In that respect, CarePass bears a resemblance to Amazon's Prime membership, which requires users to pay an annual fee of $119 for free shipping and other services.

Read the full article on USA TODAY.