UPDATE 10:52 am EST: Wow, I don’t think I’ve ever seen this happen so quickly before. The portal now shows only 4 points per dollar at Sears. I wonder if that’s an error? Stay tuned…
Today, the Southwest Rapid Rewards Shopping Portal is offering 9 points per dollar at Sears.
What makes this particularly interesting is that Sears gift card purchases are allowed. So, you can double rewards: go through the portal once to buy e-gift cards (or to reload an existing gift card), and then go through the portal a second time to use the gift card to buy merchandise. Total rewards earned: 18 points per dollar plus credit card rewards.
This quarter, both Chase Freedom and Discover cards offer 5X at Sears online (both limit 5X to a total of $1500 in spend for the quarter). Use either of these cards to buy the Sears gift cards as described above, and you can increase total rewards to 23 points per dollar! Note that physical (by mail) gift cards will not count for the Freedom bonus since these gift cards are sold and shipped by Kmart.