As mentioned previously the Citi Sears card now offers bonus categories that earn up to 5% back in Shop Your Way Rewards Points. The Citi Sears card is one of our top store credit cards, but that’s because of the targeted spending bonuses so let’s hope that continue to offer those for new cardholders (please share your datapoints in the comments below). Let’s take a look at this card in more depth.
Contents
Card Basics
- Card earns at the following rates until December 31st, 2017:
- 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
- No annual fee
*These categories have a combined limit of $10,000 in spend, after that they will earn 1% back in points
Our Verdict
The bonus categories aren’t actually that interesting as there are other cards that earn at higher rates:
- Best gas credit cards
- Best grocery store credit cards
- Best restaurant credit cards
- Best credit cards for everywhere else
The points you earn on this card are worth 0.1¢ each when redeeming your Sears merchandise. But this card actually gives you 5%/3%/2%/1% back in points, so it actually earns at 50/30/20/10. Personally I’d much prefer a card that earns cash back than these points, especially how easily they have been giving out these points via their point.
If the card continues to offer targeted spending bonuses in addition to these bonus categories, it might be worth considering otherwise I’d give it a miss and sign up for one of the better credit card sign up bonuses.
