Reply
New Contributor
Posts: 55
Registered: ‎10-23-2012

SEARS MasterCard!!

Question: Does anyone have this card or have you heard of it? I went to Sears yesterday and this lady stop me and explained this card to me. Used my will power and restrained from applying but the one thing that's was tempting was that she said they are targeting people that needed to rebuild their credit. Once I got home I was tempted again and went online and looked at the card but I didn't see the rebuild credit part and it also said apply in store only.

Just curious

IN MY PURSE- BankAmericard Cash Rewards Platinum Plus Visa
IN THE GARDEN UNTIL 11/2013
TU-638
EXP-565
EQX-540
Mega Contributor
Posts: 15,442
Registered: ‎04-09-2011
0

Re: SEARS MasterCard!!


GABrown wrote:
Question: Does anyone have this card or have you heard of it? I went to Sears yesterday and this lady stop me and explained this card to me. Used my will power and restrained from applying but the one thing that's was tempting was that she said they are targeting people that needed to rebuild their credit. Once I got home I was tempted again and went online and looked at the card but I didn't see the rebuild credit part and it also said apply in store only.

Just curious

Pretty sure this is not a rebuilder card, its backed by Citi.

 




Silver Spade Garden Club Member - Last App 12/16/13 - Looking for a clean slate NO INQ's / Diamond Inspired!
Starting Score:
EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
Current Score: EX FICO (PSECU) 671 (myFICO) N/A / EQ FICO 679 / TU08 FICO 678 / TU VS 706 3/6/2014
Valued Contributor
Posts: 1,954
Registered: ‎03-30-2012
0

Re: SEARS MasterCard!!

I used to have one, but it was before Citi purchased Sears National Bank. I was dumb and stupid and went bad on it...thankfully it's all paid now.

 

Not sure what the new deal is now that Citi manages it.

Scores 5/13/2014: TU FICO: 639 | EQ FICO: 645| EX AMEX FICO: TBD

In my new wallet: American Express Green EMV: PSL $2000 | BankAmericard Cash Rewards Visa EMV: $2500 | BarclayCard Rewards Average: $2000 | Travelocity Rewards AMEX: $1050 | Discover IT: $2500 | Amazon Rewards Visa: $1500 | Chase Freedom: $1500 | Sportsman's Guide Visa: $3000 | Capital One QuicksilverOne MasterCard: $1600 | Target: $700 | J.Crew $9950
Super Contributor
Posts: 5,522
Registered: ‎12-11-2011
0

Re: SEARS MasterCard!!

[ Edited ]

LS2982 wrote:

GABrown wrote:
Question: Does anyone have this card or have you heard of it? I went to Sears yesterday and this lady stop me and explained this card to me. Used my will power and restrained from applying but the one thing that's was tempting was that she said they are targeting people that needed to rebuild their credit. Once I got home I was tempted again and went online and looked at the card but I didn't see the rebuild credit part and it also said apply in store only.

Just curious

Pretty sure this is not a rebuilder card, its backed by Citi.

 


+1 

 

but you can apply online 

https://www.citibank.com/us/cards/srs/

 

Edit: Just re-looked at that link, you can only apply for the sears STORE card online, my bad!

;
Valued Contributor
Posts: 2,682
Registered: ‎07-29-2009
0

Re: SEARS MasterCard!!

We started out with a Sears card years ago. At some point it morphed into a Citi Sears MasterCard. We keep it only because it's one of our oldest cards (1989). It has a 3k limit...also our lowest. I asked for a CLI once and was declined...supposedly because they said we had just asked for a CLI...which we had not. They just don't seem very bright or aggressive in the credit card market.

 

So, we charge our Netflix monthly fee on it just to show activity and just to keep it aging. Otherwise it sits.

Epic Contributor
Posts: 24,821
Registered: ‎10-23-2007
0

Re: SEARS MasterCard!!

The Sears Mastercard this person spoke of to rebuild is if you apply in store for the Store Card I believe it is (backed by Citi and the MasterCard that you see online and in store promotions is also backed by Citi) HOWEVER if you don't qualify for the card you apply for in store, the system will counter this Sears Solutions MasterCard. (VERY much like Best Buy USE to do.) This Solutions MasterCard was with HSBC and probably Capital One now and it will have a $300 limit or $500 limit starting pretty much standard and probably some sort of tiered AF. RUN!

 

Especialy since this is Capital One now, I would be scared you apply and take pull from Citi, then when it sends over for plan B. Capital one hit all 3?!

I had it long ago and closed it SHORTLY after.

Fico Scores: EQ- 670., TU 710 Sync, EX 728 SoFi(05/04/15)
I'm just trying to catch up to RON1
90 Cards and Counting :smileytongue:
Valued Contributor
Posts: 2,789
Registered: ‎10-10-2012
0

Re: SEARS MasterCard!!

Had a store card that was converted to the MC not too long ago. Hardly use it.

Starting Score: EQ 717 EX 724 TU 736
Current Score: EQ 816 EX 780 TU 823
App free since 4/11/13
Senior Contributor
Posts: 6,260
Registered: ‎08-16-2012
0

Re: SEARS MasterCard!!

Lol anything Citi backed is NOT for rebuilding!!!! More like getting denied for. Citi is a stickler and their cust service is typically poor.
Marriott PR$25k | BCE $24.5K |BankAmericard Visa $25k| BOA Better Bal $17.5k |Wmt Discover $12.5k | BR Visa $17.5k | Amex Delta Gold $10k | Discover IT $10k | Paypal Extras MC $15k | Amazon Store $10k|Smile Gen $7.25k | Dillard's $10k | West Elm $4k| Express $3.05K | Mypoints.com Visa $4.5k | Freedom Visa $1k| Amex Surpass $1k
Established Contributor
Posts: 545
Registered: ‎03-20-2009
0

Re: SEARS MasterCard!!

I had both.  The regular Sears store card is backed by Citibank.  The Sears Solutions Mastercard was backed by HSBC (which I guess is now Cap 1).  I got the Sears MC first.  My credit was really bad at the time. I think I had $300 credit limit.  Funny thing is about 2 months later I got $1,700 credit line on the regular Sears card. 

 

I will also say my mom has a Sears MC that has like $5,000 or $10,000 credit limit and I'm pretty sure it's a different one than the HSBC backed one I had.  I'm guessing hers is backed by Citi. 

Starting Scores 10/12: EQ 460 (FICO)/TU 502 (FAKO)/EX 474 (FAKO)
Current (7/14): EQ 572 (FICO)/TU 624 (FICO)/ EX 612 (FICO)



Established Contributor
Posts: 1,837
Registered: ‎08-20-2012
0

Re: SEARS MasterCard!!

Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
† Credit cards for FICO Score ranges: The score ranges are guidelines based on actual applicant approvals and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.