Recap: Sears Secures $350M Loan, Icelandair Cancels Plan To Acquire WOW & More

 

Deals expirin at the end of today or starting today (view the full deal calendar here):

Deals expiring at end of tomorrow:

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Andrew
Andrew

At least some will have more time with the sears card. I kinda want it… But don’t want a dead card

aubergine
aubergine

Sears Credit cards has a new offer out this morning for new signups $40 statement credit for $50 spend on new accounts. Realize its chumpy (even the prior $150 for 2k MSR wasn’t that great) but the SYWR can be product changed into a TYP earning card. Note that this is a Citi Retail Card Services product and will have a bizarro look & feel to its customer service and web support, compared to mainline Citi or Citicards.

People can google reddit, FT, or DOC for why they might want a Sears TYP card.

Bill M
Bill M

My Citi Sears SYW card was automatically converted to a TYP earning card nearly 2 years ago. A family member had the same card and his remains a SYW point card. Will they convert a card upon request? The big bonus point offers on my card have been non-existent since early 2018. In 2017 they were fantastic.

Craig @ Middle Age Miles

Hi William – I really appreciate the read from you and the link. The lack of MR-earning Amex Offers is certainly disappointing. We’ll continue to be on the lookout for data points and possible strategies. Many thanks!

driy
driy

Sears “loan” is actually bankruptcy financing; it’s pretty normal and routine for companies within a bankruptcy process to obtain financing, especially asset-heavy companies with a ton of inventory / receivables / IP, etc that serve as collateral. Wouldn’t exactly say that this is a way that Sears found to stay alive; basically this isn’t really news

Frank

+1

frogger
frogger

Iceland Air and Wow seemed like a weird combination. Iceland Air’s service is top notch. While everything I have heard about WOW is bad. And by the time you pay for seat assignment and bag fees Iceland Air is actually cheaper.

Mark Trout
Mark Trout

Marriott reveals data breach of 500 million Starwood guests

https://www.cnn.com/2018/11/30/tech/marriott-hotels-hacked/index.html

No consequences, nothing changes…

manof2
manof2
NinjaX
NinjaX

FYI. SPG data breach. sigh…