The Offer
- Make at least $50 in purchases within one month in the following categories: grocery stores, gas stations, drugstores & restaurants and receive 10% cash back on your Citi Sears card that received the following e-mail (subject line:Â Earn a Statement Credit on Everyday Purchases).
The Fine Print
- Limit of $100 cash back per month
- Promotion runs from September – December 2015
- You must activate the offer
Our Verdict
This is a fantastic offer, we’ve been seeing a lot more of these great offers on store cards recently (Banana Republic offered 10x with no cap). Most people don’t give store cards much of a thought because their rewards programs are often lacking and they have virtually no sign up bonuses, but I know a lot of people (myself included) have a few because these deals tend to pop up from time to time.
Obviously if you can max this deal out you’d earn $400 (minus any fees you incur) which is as good as or better than a sign up bonus. The problem is you never know when deals are going to strike or if you’re going to be targeted.
Hat tip to reader Michael D
I received a $100 credit last week as well, but was expecting about $130. From what I could tell, the maximum statement credit was for $100 each month, but perhaps the wording is indicating the max they’ll credit in one month is $100?
September 100$ bonus posted last week.
Mine was $100 for “Aug-Sept Gas, Grocery, Dining Promo.” Did yours say something similar? I was expecting to see more than $100 for both months combined.
I have this offer and gave it a try. Just looked at my Sept closing closing statement and there is nothing about the points. Went on-line to check the points…. Nothing showed up. I gave them a call and they read me the other fine print that I hadn’t noticed in the offer e-mail.
“Please allow 4 – 8 weeks after the end of the promotional period for the statement credit to be added to your account.”
So they are telling me that no points will show on-line until sometime around Feb’16 or Mar’16! While I don’t want to give up the 10%, but should I just trust these guys to follow through? Anyone else have any experience with this type of offer?
That is common for extra points not to be added till a few months later.
Do you need to spen 50 on each category or 50 combined categories? in order for 10%
Do you need to spen 50 on each category or 50 combined categories?
Not familiar with the value of these points. Can you exchange the points for a statement credit at a 1:1 exchange rate?
I have this card, but the only offers I ever get are for spending at Sears. I wish there was a way to move the credit line to another Citi card.
My wife got a similar offer yesterday for 12500 Sears choice points per month. For 55000 points I can get a $750 Sears gift card. Aka…Free money !!!
How do you convert your sears shop your way points to sears gift cards ?
You don’t…The Sears Choice points are earned if you have their credit card. SYW points are another program
Score.