topic Re: New Sears MC targeted bonus offer on unstructured spend in Credit Cards

New Sears MC targeted bonus offer on unstructured spend

coldfusion — Fri, 22 Jan 2021 17:46:45 GMT

Many of you are aware that Citi has been sending out targeted promotional bonus offers for the Sears Mastercard starting between 3-4 years ago. These have always been categorized, whether for things like online shopping, gas/groceries/restaurants, or other specific categories.

I got an offer today via snail-mail (Citi always mails them to me, never email), but this is the first time I received an offer not tied to any specific category other than the usual suite of defined transactions that don't qualify as purchases, mostly cash-equivalent transactions or betting transactions. In other words, it works for unstructured spend.

My specific offer is for 15,000 bonus TYP for $2,500 spend on eligible purchases through 3/21/21, starting from time of activation. Factoring in the normal 1 TYP/$ reward that amounts to a net 7% return on $2500 spend. It's also not uncommon for Citi to have multiple versions of an offer, including different thresholds of spend/bonus and straight cashback if the card is not a TYP-earner.

If you have a Sears Mastercard watch for an offer.

Re: New Sears MC targeted bonus offer on unstructured spend

MoneyBurns — Sat, 23 Jan 2021 01:56:40 GMT

@coldfusion wrote:

Many of you are aware that Citi has been sending out targeted promotional bonus offers for the Sears Mastercard starting between 3-4 years ago. These have always been categorized, whether for things like online shopping, gas/groceries/restaurants, or other specific categories.

I got an offer today via snail-mail (Citi always mails them to me, never email), but this is the first time I received an offer not tied to any specific category other than the usual suite of defined transactions that don't qualify as purchases, mostly cash-equivalent transactions or betting transactions. In other words, it works for unstructured spend.

My specific offer is for 15,000 bonus TYP for $2,500 spend on eligible purchases through 3/21/21, starting from time of activation. Factoring in the normal 1 TYP/$ reward that amounts to a net 7% return on $2500 spend. It's also not uncommon for Citi to have multiple versions of an offer, including different thresholds of spend/bonus and straight cashback if the card is not a TYP-earner.

If you have a Sears Mastercard watch for an offer.

Yeah it's one of the BEST cards I've used ever. May it live long and prosper. The bonuses stack! I got a 15% back on restaurants, grocery, and gas for spend over $500 till March and then I just got this!

I don't even know how this is sustainable for them!

Grats on your offers!! This card is really the best. <3

Re: New Sears MC targeted bonus offer on unstructured spend

simplynoir — Sat, 23 Jan 2021 02:02:38 GMT

@MoneyBurns wrote:
@coldfusion wrote:

Many of you are aware that Citi has been sending out targeted promotional bonus offers for the Sears Mastercard starting between 3-4 years ago. These have always been categorized, whether for things like online shopping, gas/groceries/restaurants, or other specific categories.

I got an offer today via snail-mail (Citi always mails them to me, never email), but this is the first time I received an offer not tied to any specific category other than the usual suite of defined transactions that don't qualify as purchases, mostly cash-equivalent transactions or betting transactions. In other words, it works for unstructured spend.

My specific offer is for 15,000 bonus TYP for $2,500 spend on eligible purchases through 3/21/21, starting from time of activation. Factoring in the normal 1 TYP/$ reward that amounts to a net 7% return on $2500 spend. It's also not uncommon for Citi to have multiple versions of an offer, including different thresholds of spend/bonus and straight cashback if the card is not a TYP-earner.

If you have a Sears Mastercard watch for an offer.

Yeah it's one of the BEST cards I've used ever. May it live long and prosper. The bonuses stack! I got a 15% back on restaurants, grocery, and gas for spend over $500 till March and then I just got this!

I don't even know how this is sustainable for them!

Grats on your offers!! This card is really the best. <3

So I got a similar offer like @MoneyBurns but it was $50 statement credit offer for $500 unstructured spending. Free monies is free monies to me. I'll slap a few bills on there later this month and nab it. Thanks for the heads up, @coldfusion, because I get repeat emails for an offer I already activated and thought it was more the same. Had to go recheck them after reading this 😂

Re: New Sears MC targeted bonus offer on unstructured spend

issac2x — Sat, 23 Jan 2021 20:32:41 GMT

Got mine via email yesterday as usual; never snail mail for me except balance transfers.

Re: New Sears MC targeted bonus offer on unstructured spend

cws-21 — Mon, 15 Feb 2021 01:21:20 GMT

I believe my wife's Sears Mastercard was converted to the Shop Your Way Mastercard. If I'm correct, the last deal of a similar sort that she received is below. My wife gets emailed these deals somewhat regularly and they are often quite good.

EARN REWARDS ON ELIGIBLE PURCHASES AT GAS STATIONS, GROCERY STORES AND RESTAURANTS.

Activate your offer to start earning

10%

back in statement credits²

on eligible purchases made with your Shop Your Way Mastercard®at:

Gas Stations

Grocery Stores

Restaurants

For total eligible gas station, grocery store and restaurant purchases of $500 or more made each month from 1/1/2021 (or the date you activate this offer, whichever is later) through 3/31/2021, you’ll earn 10% back in statement credits (up to a maximum total statement credit of $100 each month). Only purchases made after activation will apply toward receiving your statement credits.

Hurry, offer ends 3/31/2021!

If you’ve already activated your offer, thank you!

Re: New Sears MC targeted bonus offer on unstructured spend

TheBoondocks — Mon, 15 Feb 2021 00:37:09 GMT

Crazy, I was just looking at this card on the subreddit where people say they been getting tons of promo offers, I like that it has 5% on gas and 3% on grocery but what I don't like is you can't redeem for statement credit and it expires after 1 year of accumulating the points. So, I don't think its worth having if you just use it on what they offer you in the shop your way store, nothing that I want that would be beneficial for me.

Re: New Sears MC targeted bonus offer on unstructured spend

coldfusion — Mon, 15 Feb 2021 01:46:33 GMT

It depends on the card earning type you have and the specifics of the particular offer. My offers are usually in bonus TYP as I have a TYP earner but I do get 1-2 offers each year that pay out in statement credit.

Re: New Sears MC targeted bonus offer on unstructured spend

cws-21 — Mon, 15 Feb 2021 03:10:16 GMT

@TheBoondocks, the somewhat frequent offers for the Sears Shop Your Way Mastercard, such as the one I copied and pasted to my last post, is for statement credit. This is the only reason why my wife and I use the card given we have no use for the points.

Re: New Sears MC targeted bonus offer on unstructured spend

cws-21 — Mon, 15 Feb 2021 23:59:54 GMT

Actually, my wife just received the offer below today for the Shop Your Way Mastercard.

Re: New Sears MC targeted bonus offer on unstructured spend

cws-21 — Thu, 18 Feb 2021 16:46:41 GMT

Today, my wife received another statement credit offer for her Shop Your Way Mastercard.

Re: New Sears MC targeted bonus offer on unstructured spend

Cory88 — Fri, 19 Feb 2021 01:30:46 GMT

I get offers all the time but it's always spend $500 at gas & supermarkets and get x back.