Sears Premier Mastercard

Discussion in 'Credit Talk' started by Ron, May 30, 2002.

  1. Ron

    Ron Well-Known Member

    I read Sears Ad today and they showed new Sears Premier Mastercard on the front cover of the ad. I read the terms the APR for purchases up to 24%. Is anyone getting one of these cards?


    Ron.
     
  2. GEORGE

    GEORGE Well-Known Member

    They were sending the MASTERCARD invitations to selected people...

    Also some people have "UPGRADED" with a LARGE increase in the credit limit from the regular SEARS card...
    ***************************************************************
    2.90% for the first six billing cycles from account opening, then13.90% , or 17.90%, or 21.90%*
     
  3. Ron

    Ron Well-Known Member


    George,

    I'm not going to get one because I already have their Sear Gold Mastercard. The rate of the card is high and no bonus without paying any annual fee.


    Ron.
     
  4. tommyy

    tommyy Well-Known Member

    What Bureau does Sears pull? Cutoff score?
     
  5. Herman

    Herman Well-Known Member

    Sears Gold MasterCard:

    Periodic Rate Finance Charges...
    Regular Purchases Introductory Rate:
    During the first six Billing Cycles from acct opening, the daily periodic rate is 0.0080% ( corresponding APR of 2.90% ) for regular purchases.

    Regular Purchases and Cash Access Transactions:

    After the first six Billing Cycles as stated above for regular purchases has expired the Daily Periodic Rate for regular purchases will be 0.0600% ( corresponding APR of 21.90% ). The daily periodic rate for Cash Access transactions is 0.0658% ( corresponding APR of 23.99% ).


    Herman
     
  6. Ron

    Ron Well-Known Member

    tommyy,

    Sears pull credit from Equifax where I live in Texas.


    Ron.
     
  7. Ron

    Ron Well-Known Member

    Herman,

    I have both Sear Premier Card and Sears Gold Mastercard and they're not going to give me another Sears Premier Gold Mastercard.


    Ron.
     
  8. Kinetix

    Kinetix Well-Known Member

    They pulled Experian on me, I'm in Calif
     

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