Citi Sears Mastercard, $40 Statement Credit With $50 Spend

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citi sears mastercard 40 bonus

Citi Sears Mastercard, $40 Statement Credit With $50 Spend

This does not sound like much and yes, the bonus itself is not worth applying for a credit card. But the card is pretty valuable over time, thanks to spending bonuses that we see every few months. The signup bonus just gives you an extra incentive to get the card, but we have seen better in the past.

The Offer

Spend $50 on eligible purchases in the first 30 days after you are approved for a new Sears Mastercard and get $40 back as a statement credit. This offer is for all new accounts opened between 11/1/18 – 1/31/19. Online applications only.

Application page.


The card earns extra ShopYourWay points at gas stations, restaurants, Sears and Kmart. You will earn the following rates for up to $10,000 in purchases for 12 months from the date of account opening:

  • 5% back in points on eligible gas station purchases
  • 3% back in points on eligible restaurant (including cafes, bars, lounges and fast food restaurants)

Plus you will receive

  • 2% back in points on purchases at Sears and Kmart
  • 1% everywhere else

The card also gets targeted spending bonuses if you use it occasionally. This is probably one of the best store cards out there. This is an offer from last year as an example.

$150 is the highest bonus we have seen for this card, so the $40 they’re offering now, is not as good.


If you’ve been thinking about this card, then could be an extra bonus. You’re not able to product change to this card, so applying for it is the only option. You should also be able to product change to a ThankYou or cash earning card, instead of the ShopYourWay points.



  1. This card is a sleeper. I have kept mine open for over three decades. The offers have been good since Citi took it over and you get TY points. I have gotten 10x at least three different times this year with low spend requirements. Not sure where this will go if Sears finally goes under.


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