Posted by William Charles on October 27, 2016
Credit Card Offers

Published on October 27th, 2016 | by William Charles

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Citi Sears Card Adding 5%/3%/2%/1% Categories

Citi & Sears have announced starting on November 1st, 2016 current cardholders of the Citi Sears Mastercard whose cards are linked to the Shop Your Way Rewards program will start earning Shop Your Way points at the following rates:

  • 5% back in points on eligible purchases made at gas stations*
  • 3% back in points on eligible purchases at grocery stores and restaurants*
  • 2% back in points on eligible purchases made at Sears & Kmart
  • 1% back on all other purchases

*These categories have a combined limit of $10,000 in spend, after that they will earn 1% back in points

citi-sears

Cardholders will receive these rewards through December 31st, 2017. Starting in March 2017 newly designed Shop Your Way Rewards cards will be issued (see below). Shop Your Ways Rewards members will be eligible to signup in January 31st, 2017 and you can register interest here.

shop-your-way

Our Verdict

The Citi Sears card used to send out a lot of highly lucrative targeted offers, I suspect these will disappear with this new promotion. Some cardholders were being targeted with cash offers and some Citi ThankYou points.

This card is a bit confusing because  Shop Your Way Rewards points are worth 0.1¢ each towards Sears merchandise (Citi transfers at a rate of 1:12 for example). But this card actually gives you 5%/3%/2%/1% back in points, so it actually earns at 50/30/20/10.

The downside to this is that you need to redeem for Sears merchandise. Here are some better options:



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Dayajosh
Dayajosh

Good news, I have a Sears store card. Can i convert this to Master Card ? Please advice

AB
AB

It will count as a new hard pull but Citi will convert it for you.

Bill M
Bill M

Citi converted my Sears Mastercard from earning to SYWR to TYP earlier this year. I thought they changed all the cards but I have since learned that many people still earn SYWR with the card.

I recently got the offer for 100 TYP per transaction of $1 or more up to 2,500 TYP. My brother, who still earns SYWR on his Sears Mastercard, got the offer of 1,000 SYWR per transaction of $1 or more up to 25,000 SYWR. Same dollar value but to me TYP are better than SYWR.

Mist Soalar
Mist Soalar

After Sallie Mae’s death, I may get this card to cover some of the loss…

CECILIA MUNOZ
CECILIA MUNOZ

what are the participating gas stations for sears master card?

Michael A Staub
Michael A Staub

I would really like the opportunity to have this card to help me purchase my family Christmas gifts

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