Review: Sears Credit Card

Sears offers two credit cards, both of which not only qualify for instant approval, but also give you an extra bonus if you are instantly approved and actually use your card to make a purchase today.

The two cards are the Sears MasterCard and the Sears store card. You can choose which card to apply for, but to us it makes the most sense to go for the Sears MasterCard because it can be used not only at Sears but anywhere MasterCard is accepted. Plus, it gives you a bigger approval bonus and the opportunity to earn other rewards the plain Sears card does not have. (The standard Sears credit card is only accepted at Sears and Kmart.)

If you apply for the Sears MasterCard and are approved, you will get a $15 bonus if you use the card today. For the first 12 months you have the card, you will also earn extra points in the Shop Your Way program: 5 points per dollar on gas purchases, 3 points on grocery store and restaurant purchases, 2 points on Sears and Kmart purchases, and 1 point per dollar on all other purchases.

The Sears credit card offers a $10 bonus if you are approved instantly. Since it can only be used at Sears and Kmart, you won’t get the extra point opportunities that the Sears MasterCard offers in the first year.

Both of these cards come with the same 25.99% interest rate, so it makes sense to apply for the MasterCard over the store-only card. If you aren’t approved for the MasterCard, chances are you’ll be offered the store card anyway.

Other Instant Approval Categories: Credit Cards You Can Use Today, Store Credit Cards, Credit Cards For Bad Credit