Credit Score: 675 Credit Limit: 700 Age: 25-34

Income On Application: $60000

Posted 09/07 2018

After a few years of rebuilding with secured credit cards and even high fee subprime cards, I finally managed to get the Sears card. There was a store about 15 minutes from my house and I thought that it made sense to get the card. Once I got it, offers from other issuers came and I managed to get Macys and a couple of Capital One cards. I immediately canceled my old Credit One and First Premier cards.

Things went well for over a year. I shop at Sears quite often and even pay my credit card bills there. However, there as holiday season approached, my gift shopping got a little out of hand and I spent over $600 at Sears. I took about 6 months to pay off the balance (and boy were those rates high). However, after I paid off the balance, my limit was reduced to $200! I called customer service and all I was told was that I had not used my card "for a while". Off course I had not used the card for a while and that was because I was paying off my balance!

Come to think of it, even Credit One or First Premier have never cut my limit! I have since canceled the card and shop less at Sears.

 

Credit Score: 672 Credit Limit: 500 Age: 35-44

Posted 10/29 2017

I got this card as part of my rebuilding effort and is my first store card that I got. There is a Sears 15 minutes from my place (which is now closed!). I used to shop there and used the card for that purpose. The benefits were ok. You get the occasional sales in your email inbox. But otherwise, I never bought any big ticket items or used their 0% financing. I did however find out that the interest rate was really high (like 25%) when I ran a balance once for 4 months. It is simply outrageous.

I would say that as a rebuilder, I can't really complain too much about the card but the APR is predatory level! The starting limit is also low and unlike some others here, I have not gotten any CLI. Right after I got this card, I got a Cap One with a $1500 limit. So before you pull the trigger on this card, there are much better alternatives for rebuilders. Only get this card when you want to buy a big ticket item and get the financing.

 

Credit Score: 660 Credit Limit: 500 Age: 35-44

Posted 02/25 2016

I got the Sears card because I was getting some bedsheets set the cashier told me that I was able to get a 0% promo for 24 months. I needed to give me SSN and was approved "on the spot" and the purchase cleared. The card arrived a few days later and all seem to work out fine. Then after 7 months, my statements indicated that there was an interest charge. I thought that the promotion was for 24 months and it turns out that it was only for 6. Customer service was rude and useless and outsourced overseas. I decided to bite the bullet, pay off the balance and cancel the card. Never ever get a Sears card.