topic Re: Sears Card in Credit Cards

Sears Card

jstap01 — Wed, 23 Jan 2008 19:33:39 GMT

Has anyone had any luck getting the APR decreased on the store card. I have called every month for the past 6 months. PIF right after purchase. Use other cards for bigger purchases because of the APR.

thanks

Re: Sears Card

Anonymous — Wed, 23 Jan 2008 19:36:27 GMT

I don't think this is possible. I tried a couple of years ago. Got rejected all the way!

Re: Sears Card

Red1Blue — Wed, 23 Jan 2008 19:41:58 GMT

What rate are they charging you?

Re: Sears Card

fishbjc — Wed, 23 Jan 2008 19:42:09 GMT

Nope, and I've been with sears since 1979. Cheap on the cl also.

Re: Sears Card

jstap01 — Wed, 23 Jan 2008 19:54:39 GMT

28.99

Re: Sears Card

Anonymous — Wed, 23 Jan 2008 20:04:17 GMT

STBDW is in the same boat. She managed to get it down to 26-something by calling and asking, but that was the best they could do.

And this is after 10 years of on-time PIFfing.

We would close it in a heartbeat if it weren't her oldest TL.

Re: Sears Card

Anonymous — Wed, 23 Jan 2008 20:05:10 GMT

I think the interest on their card is usually around 22.99 or 24.99... Maybe they'll drop it to THAT. but I wouldn't hold my breath, dude!

Re: Sears Card

Anonymous — Wed, 23 Jan 2008 20:11:14 GMT

Nope. I've had one since '92, it was a store card and they morphed it into a gold card somewhere along the way. I've called, (I'm at 18.99%) always on time, lots of usage, CLI along the way here and there, I liked the rewards program, but since receiving my new MyPoints rewards platinum Visa in the mail yesterday, the Sears gold is going into occasional use status. Just enough to keep it reporting and that's it.

I've asked nicely, I've been good, and if they can't appreciate me, they can't have me. I'll use them when I need them and play their game.

It's Citi by the way, don't know why they're so hard to get along with. It's my oldest TL as well, hence my reluctance to just kiss it goodbye for good.

Re: Sears Card

Anonymous — Wed, 23 Jan 2008 21:12:05 GMT

jstap01 wrote:
Has anyone had any luck getting the APR decreased on the store card. I have called every month for the past 6 months. PIF right after purchase. Use other cards for bigger purchases because of the APR.

thanks

Currently, Sears is offering applicants cards at PRIME+17.15% (or 24.40% Variable). Even at that rate, you're better off using a different card.

Message Edited by psychic on 01-23-2008 01:12 PM

Re: Sears Card

Anonymous — Wed, 23 Jan 2008 21:25:41 GMT

psychic wrote:

jstap01 wrote:
Has anyone had any luck getting the APR decreased on the store card. I have called every month for the past 6 months. PIF right after purchase. Use other cards for bigger purchases because of the APR.

thanks

Currently, Sears is offering applicants cards at PRIME+17.15% (or 24.40% Variable). Even at that rate, you're better off using a different card.

Message Edited by psychic on 01-23-2008 01:12 PM

Surely they don't think this APR is sending the masses to the app button. lol

Re: Sears Card

hmcbride222 — Sat, 17 May 2008 04:12:28 GMT

Hi,

I actually called recently and was told that they never decrease the APR. When i asked for the reasoning, I was told because they have such great in store deals. Well guess what, i'm paying off my debt so that doesn't really help me out.. I also called Lane Bryant and was told the same thing.. This may be starting to become the norm !!

jstap01 wrote:
Has anyone had any luck getting the APR decreased on the store card. I have called every month for the past 6 months. PIF right after purchase. Use other cards for bigger purchases because of the APR.

thanks

Re: Sears Card

Anonymous — Mon, 14 Jul 2008 08:15:49 GMT

I got my APR reduced to 0% with a minimum monthly payment of $50.00 for 5 months. But the woman I spoke with talked me into account care, which cost me 46.00 a month so my balance went down like 12 dollars! She didn't explain that of course. I cancelled account care several times and have still been charged for it. I even got letters telling me they reinstated me as a courtesy. Also despite the fact that I've been paying for months now my credit history shows no payment for 60 days three times b/c i am still over limit. My card was not over limit until i racked up so many finance charges from them in the first place. BTW has anyone hears of the 2 people from Massachusetts who sued Sears CC b/c Sears encouraged them to pay down their balance despite the fact that they have each filed for bankruptcy?

Re: Sears Card

Anonymous — Mon, 14 Jul 2008 14:20:38 GMT

Just like Home Depot and other Citi backed store cards- use it for 0% offers or PIF

Re: Sears Card

Anonymous — Mon, 14 Jul 2008 17:58:22 GMT

cheddar wrote:
STBDW

Took me a while to figure that one out. Congratulations.

Re: Sears Card

Anonymous — Tue, 15 Jul 2008 03:07:19 GMT

I have had a Sears store card since 2001 and my CL remains unchanged at $250. I also got the 28.99% APR. Blah...

Re: Sears Card

mrlimo — Tue, 15 Jul 2008 12:26:38 GMT

After reading this thread, I looked what mine was at 18.33% on regular purchases and 24.24% on Cash Access. I really didn't even know what it was.