Terms and Condition
As of 12/19/2017 the APR for purchases and balance transfers is 26.49% and the APR for cash advances is 28.40%. These APRs will vary with the market based on the Prime Rate. The Minimum Interest Charge is $2. The cash advance fee is 5% of each transaction; minimum $5. The balance transfer fee is 5% of each transaction, minimum $10. The transaction fee for foreign purchases is 3% of each purchase transaction in U.S. dollars. See card agreement for details. To make a purchase today at a Sears or Kmart store, bring a photo ID and have an associate complete an account number look-up.
$150 Statement Credit Offer with Sears Mastercard: This offer does not apply to deferred interest or major purchase plan purchases. This promotion is only available to the applicant for use with the Sears Mastercard, is not transferable and is subject to credit approval. You have the opportunity to receive a $150 statement credit when eligible purchases totaling $1,500 or more are made and post to your account within 90 days from account opening. The following types of transactions don't qualify as eligible purchases: deferred interest transactions or major purchase plan purchases, use of checks that access your Sears Card Account; balance transfers; cash advances; travelers checks, foreign currency purchases, money orders, wire transfers and similar cash-like transactions; lottery tickets, gaming chips and similar betting transactions; interest and account fees; unauthorized charges; and items returned for credit. The Sears Mastercard account must be current and open at the time we determine whether you qualify for the statement credit in order to receive the statement credit. Please allow 4–8 weeks after the end of the promotional period for the statement credit to be added to your account. Limit one new account offer per account. Valid for online applications only.
To make a purchase today at a Sears or Kmart store, bring a photo ID and have an associate complete an account number look-up.
Offers are subject to change without notice. Restrictions apply.
Sears Mastercard Shop Your Way® Additional Category Earn Promotion:
This promotion is not transferable; is subject to credit approval and the Shop Your Way® terms and conditions located at www.shopyourway.com/terms. Additional limitations, terms and conditions apply. You will be given more information when you apply. Your Shop Your Way® account must be linked to your new Sears Mastercard® in order to participate in this promotion. You have the opportunity to receive Shop Your Way® points for eligible purchases which are made and post to your Sears Mastercard® account for 12 months from date of account opening. These extra points are inclusive of any base points earned. When extra point offers are combined, total points earned will be less than the combined point totals for each individual offer. Base points mean the 1% back in points which you will receive on purchases that are made outside of Sears, Kmart or other Program Stores or are described below as “certain non-eligible purchases”. Sears base points mean those points awarded as part the standard Shop Your Way® program.
You may only earn 5% back on eligible gas station purchases and 3% back in points on eligible restaurant and grocery store purchases on the first combined purchases of $10,000 during the promotional period and then 1% thereafter.
5% back in points on eligible gas station purchases, for the first $10,000 (which includes the eligible restaurant and grocery store purchases) during the promotional period and then 1% thereafter. (5% back in points equals 4% in extra points and 1% in base points.) Certain Non-Eligible Purchases. You will only earn 1% back in base points, not 5%, for gas purchased at s uperstores, supermarkets, convenience stores and warehouse clubs or for fuel used for non-automobile purposes.
3% back in points on eligible restaurant (including cafes, bars, lounges and fast food restaurants) and eligible grocery store purchases for the first $10,000 (which includes the eligible gas station purchases) during the promotional period and then 1% in base points thereafter. (3% back in points equals 2% in extra points and 1% in base points.) Certain Non-Eligible Purchases. You will only earn 1% in base points, not 3%, for restaurant purchases made at bakeries and certain restaurants/cafes inside department stores, grocery or warehouse clubs. You will only earn 1% in base points, not 3%, for grocery purchases made at superstores, convenience stores, gas stations, warehouse clubs, and discount stores.
2% back in points on purchases at Sears (Full Line Stores Sears Grand, Sears Dealer Stores (Sears Hometown Stores, Sears Home Appliance Showrooms, and Sears Hardware), Kmart, mygofer and for Lands’ End merchandise within Sears stores that are “qualifying purchases” under the Shop Your Way® program during the promotional period and then 1% in Sears base points thereafter. (2% back in points equals 1% in extra points and 1% in Sears base points.)
You will receive 1% back in base points on purchases that are made outside of Sears, Kmart or other Program Stores or are described above as “certain non-eligible purchases”.
No points are awarded for balance transfers, cash advance transactions, cash advance transactions designated as purchases, convenience checks, returned purchases, disputed or unauthorized purchases/fraudulent transactions, annual credit card membership fees, money orders, wire transfers, bets, lottery tickets, or casino gaming chips, credit insurance premiums, AccountCare fees, interest charges and credit card fees.
Points will post to your Shop Your Way® account within approximately one week after the eligible purchase is made. Merchants must submit charges under the appropriate merchant code or industry code for you to receive the additional Shop Your Way® points. We do not determine whether merchants appropriately identify all transactions you make on your account but we do reserve the right to determine which purchases qualify for points. By accepting Shop Your Way® member benefits and offers, you agree to the Shop Your Way® terms and conditions, available at www.shopyourway.com/terms. The Shop Your Way® program is offered by Sears Holdings Management Corporation. Citibank is not responsible for products or services offered by other companies.
Citi and Arc Design is a registered service mark of Citigroup Inc. Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated. Sears cards are issued by Citibank, N.A. Citibank is not responsible for products or services offered by other companies. Sears is a registered trademark and is used under license from Sears Brands LLC.