Contents
The Offer
- Citi Sears is offering 18 months special financing and 5% back as a statement credit on purchases over $549 made outside of Sears brands.
Our Verdict
If you already have other Citi Sears offers, they stack. Other current offers:
- [YMMV] Citi Sears Spend Offer: Spend $2,000+ & Get 12,500 Bonus Points
- [YMMV] Citi Sears Spend Offer: Get 10-20% Back On Online Purchases (July – September)
- [YMMV] Citi Sears: Get 20% or 25% Back On Utility/Home Improvement Purchases
This is why this is our highest rated store credit card.
Hat tip to reader Sam C
I think we should not expect to see credit of $75 until Feb statement closing right? Terms say that 2 billing cycles after promotion end date which was 12/31/20.
I think this 5% offer is taking precedent over the other bigger % stuff once it qualifies for the 5%. Like I had some grocery purchase that met the 10% and I see it up top in this 0% int and 5% back. I may be wrong. Curious to see what others are finding.
I got this offer but when I clicked to try to activate, the website told me this offer is not activated and keeps telling me to try again. Anyone else?
Same here…
I just tried today and it is working now. When I tried yesterday, it was NOT working! I used the same link sent in the email.
My terms state “with credit approval” Does this mean they will do a hard pull?
is it still possible to get a typ version of this.card？
Got 10% back on one card. 5% on another. Both still $75.
I’ve always had a question about this card: Is the cash back only applied toward purchases at Sears, or to any purchases?
There’s two cards: The Shop Your Way card and the ThankYou card. The SYW gives SYW points and the TY card obviously gives TY points. SYW points can only be used at Sears/Kmart, although they seem to be rolling out a way to use them on gift cards at Raise but not all accounts can do that yet.
With these offers, the SYW card gets a statement credit applied to the balance while the TY card still gets TY points.
Also, I recently discovered that TY points can be redeemed for $0.01/point towards mortgage payments. I cashed out nearly 300,000 TY points (exclusively from my Sears card) for nearly $3000 in checks made out to my mortgage provider.
How does this financing offer work? Make a purchase and keep the balance for 18 months? Then get 75 credit back.
Darn. Wasn’t targeted. Anybody notice their Sears card isn’t as generous with these offers as before?
It’s hit or miss. I got tons of offers in 2015 and then didn’t get a single offer between 2016 and 2018. But since 2019 they’ve been pouring back in.
If you go a stretch without an offer it probably won’t hurt to try to make a purchase or two each month to show some activity.
I don’t even understand how these offers are so good…i thought Sears was dead lmao.
They have a very high interest rate and generally low CLs. Can you say predatory behavior? They obviously try to get people into carrying a balance…
Yes, 18 months of 0% interest is clearly predatory.
The interest on this card isn’t likely any higher than on a typical high-end rewards card.
CSP 22.99%, CSR 23.99%, Amex Plat 22.99%, Citi SYW 26.49%. Given your name, I also assume you know what happens if you don’t pay off the entire balance after the term ends? Since at least a third of Americans carry a balance, I sincerely doubt Citi is losing any money on this card.