What are the benefits of having a Sears credit card?

Shoppers who make frequent large purchases at Sears benefit the most from getting a Sears card. The biggest benefit to having one of the cards is to get either 5% off a large purchase or no-interest financing. The majority of the benefits come from spending at least $299 a year on most of the categories.

What will happen to my Sears credit card?

— The account gets closed. — The card can still be used for online or other purchases within that brand. — The issuer will assign your line of credit to another retailer. If your card is closed because a retailer goes out of business — or due to your own inactivity — it will still appear on your credit report.

What can I buy with my Sears credit card?

The Sears Card is accepted at Sears, Kmart, Sears.com, Sears Essentials, Sears Grand, Sears Hardware, Sears Auto Centers, Sears Hometown Stores, Lands’ End and landsend.com (all members of the Sears Holdings family of companies).

How do Sears credit card points work?

You’ll earn 1 point per $1 spent on all everyday purchases and 2 points per $1 spent on ALL dining and travel purchases. Bottom Line: For all of our recommendations, check out our guide to the best credit cards for department stores.

Does Sears credit card have annual fee?

The Sears MasterCard is structured like most store cards: There’s no annual fee, but it comes with a high APR, meaning you should pay your balance in full every month to avoid unnecessary costs.

What bank owns Sears credit card?

Citibank
The Sears credit card is issued and managed by Citibank. Further, if your Sears card is a MasterCard, you will be able to continue to use at other merchants it even if Sears goes out of business. If you have a balance on your account, you will continue to make payments to Citi, just as you have for years.

Can you use a Sears credit card at Walmart?

If your Sears card has a Mastercard, Visa or Discover logo then yes you can.

How much is 1000 points worth at Sears?

You can earn 10 points for every dollar spent on qualifying purchases — whether you pay with your credit card, debit card or cash. Members earn even more points when they use a Sears Credit Card. Every 1,000 points earned equals $1 to redeem on qualifying purchases in-store or online.

What can Sears points be used for?

Redeeming the Points They can be redeemed for Sears and Kmart gift cards, electronics, restaurant gift cards and travel. For instance, to convert points to a plane ticket using the Sears Choice Reward website, click on Reward, Travel and then Air Travel Reward.

Is a Sears credit card hard to get?

Unfortunately there is no way to get pre-qualified for a Sears Store Card. It requires at least fair credit, which is a credit score of 640+, so it’s not very hard to get.

How does the Sears shop your way credit card work?

Sears offers a basic in-store SearsCard and has also partnered with Citibank from Citigroup Inc. (NYSE: C) to offer its customers general-use “Shop Your Way” credit cards with various rewards and benefits programs that can earn points from everyday purchases such as gasoline or food, to be redeemed at Sears locations. 1 

Can You Use Your Sears credit card at Kmart?

You’ll also earn 2% back in points on eligible Sears and Kmart purchases and 1% back in points on other eligible purchases. Sears Card: This store credit card can be used only in Sears stores or at Sears.com, as well as at Kmart. It doesn’t earn rewards, but it gives cardholders monthly deals and special offers in-store or online.

How much cash back can you get with Sears credit card?

For example, your Sears Card might offer you 5% off certain purchases each month, but the cards below will give you between 1% and 5% cash back (or percent off) every purchase everywhere! This will obviously accrue much more quickly than saving a few dollars on Sears and Kmart purchases here and there.

How many points do you get with Sears credit card?

You will also earn 2% in points on eligible purchases at Sears and Kmart, plus 1% in points on all other eligible purchases. You will receive a $40 statement credit after spending $50 in the first 30 days of card membership.