Sears Credit Card points will expire if you do not redeem them at least 12 months after you earn them. You will also forfeit any unredeemed points if you or Citibank closes your Sears Credit Card account for any reason.
Because Sears Credit Card points will eventually expire, it's a good idea to redeem them as often as possible so you don't lose them. In addition, you'll minimize the risk of devaluation.
The Sears Credit Card categories for bonus rewards are gas stations, restaurants, and grocery stores. Purchases that fall into the Sears Credit Card bonus categories get cardholders extra rewards compared to the card’s base earning rate.
Whether a purchase falls into a card’s bonus categories depends on “Merchant Category Codes,” which are assigned by the major credit card networks to merchants based on what kind of business they conduct. So if a merchant has the MCC for “gas stations,” for example, purchases made at that merchant will earn bonus rewards on cards that include “gas stations” as a bonus category.… read full answer
When choosing a rewards credit card, it’s a good idea to pick a card that offers the opportunity to earn bonus rewards in your most frequent purchase categories. So if you spend a lot in the categories offered on the Sears Credit Card, it may be a good card for you.
The best way to use credit card points has been travel since 2014, according to WalletHub research. But that’s not a rule across the board. The best way to use credit card points will vary depending on what credit card you have. Your points could be worth just as much (or even more) in cash back or gift cards, so it’s a good idea to check the value of all the redemption methods before you redeem your points.… read full answer
The best way to find out what your points are worth is to log into your credit card account online, look for a rewards redemption section, and see how many points are needed for merchandise, cash back, gift cards, and travel. Then, find out how much you’d pay for those things outside of the redemption portal and do a points-to-dollars comparison. For example, if 100 points gets you 75 cents of a gift card, or $1 in plane tickets, you should go with the plane ticket.
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