(EXPIRED) BIG stack: $175 back on $125 (yes, that’s right) at Sears

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Sears is offering an interesting structured deal today that stacks for what looks like a fantastic deal (depending on your view of Sears points): Get 10% off sitewide plus spend $125+, get $125 in “CASHBACK” points (Shop Your Way Rewards). Whats more, Christine from Unveiled Savings reached out to let us know that this stacks with a “tools” category promo for $50 more back on $125 for a total of $175 back on $125. Stack even further by combining with a shopping portal for 6% back / 6 Avios per $1. Unfortunately, the $125 portion of Shop Your Way “cashback” points post slowly — $15 within 24 hours and then $10 per month — and points expire quickly (see below). Still, if you have faith in Sears staying open and you intend to shop there every month, this can work out well.

The Deal

  • Spend $125+, get $125 in cashback points sitewide with code FIREWORK

Key Terms

  • The $125 in “cashback” points post as $15 in the first 24 hours, then $10 per month for 11 months (points post on the 15th of each month and are valid for 30 days)
  • Some exclusions apply. See full terms:
    • Members get extra 10% off with online code FIREWORK. Offer valid 6/27/18-7/4/18. Excludes Smart Buys, Best Member Deals, Deal Flash, Hot Buys, Everyday Great Price items, Insane Deals and Introductory Offers, clearance and closeout items except where indicated in store or online, Ebuys, Lands’ End®, Levi’s®, JanSport®, United Face, Ramonti, special value watches, work shoes & work boots, Chiswick, Chelsfield, Camberwell, Cavell, East Channel, Harlington, Harrowby, Isleworth, Kenney, Romford, Beautyrest Black, Sealy Conform Performance (High Spirits, Fondness & Thrilled), Sealy Conform Premium (Gratifying & Wondrous), Serta iComfort, Serta iComfort Memory Foam, Serta iComfort Hybrid, Sealy Hybrid, Simmons Beautysleep, Tempur-Pedic, Tempur-Flex, Stearns & Foster, Restonic Scott Living, Protect-A-Bed, SleepTracker, Mantua bed frames, and adjustable bases (Beautyrest Smart Motions, Sealy Ease, Serta Motion [Essential, Custom and Perfect], and Tempur-Pedic Tempur [Up, Ergo Plus and Premier]), Serta iComfort pillows, TempurPedic Tempur pillows, Fold Away Guest Bed, Chaise Clik Clak, Madison Cupholder Futon, 5pc Storage Dining Set, Chelsea Nook, Shark, floor care accessories,countertop microwave ovens, sewing machines, heaters, water heaters, water softeners, water filtration, air conditioners, air cleaners, fans, humidifiers, dehumidifiers, appliance special orders, appliance accessories, As Seen on TV products, DieHard 360 vehicle assessment, DieHard Edge maintenance plans, generators, certain Sears licensed partners and websites, specialty tools, DeWalt tools, NewAge tools, Ray-Ban, Oakley, contact lenses, digital services,catalog orders, gift cards, money orders, wire transfers, commercial orders or previous purchases, Consumer Electronics, Toys. By accepting Shop Your Way® member benefits and offers, you agree to the Shop Your Way terms and conditions, available at www.shopyourway.com/terms.Members get $125 CASHBACK in points when you spend $125 or more at select Sears stores and Sears.com. Exclusions Apply. Offer valid 6/27/18–7/14/18 at Sears.com only. Excludes Automotive, Sealy Conform Performance (High Spirits, Fondness & Thrilled), Sealy Conform Premium (Gratifying & Wondrous), Beautyrest Black, iComfort, iComfort Hybrid, Stearns and Foster, Sealy Hybrid, Tempur-Pedic, Tempur-Flex, Adj bases- Sealy Ease, Tempur UP, Ergo Plus and Premier, Beautyrest Smart Motions, Serta Motion Essential, Motion Custom and Motion Perfect.). Initial $15 in points award to member account 24 hours after purchase. $10 in points awarded monthly to member account on the 15th of each month, for the next 11 months. Maximum $125 in points per Member. Points Valid 30 days. Purchase requirement before taxes and after other discounts and must be made in a single transaction. By accepting Shop Your Way® member benefits and offers, you agree to the Shop Your Way terms and conditions, available at www.shopyourway.com/terms. Members earn points on qualifying purchases, excluding sales taxes and other fees. Extra points are inclusive of, and not in addition to, any base points earned on qualifying purchases. When extra point offers are combined, total points earned will be less than the combined point totals for each individual offer.
  • “Tools” $50 back in posts post within 24 hours. Note that these terms contradict themselves by saying points are valid for 30 days and then saying they expire 7 days after receipt — I’d plan to use these points quickly.
    • Spend $125, get $50 CASHBACK in points on tools. Items sold by Sears Members get $50 CASHBACK in points when spending $125 or more on qualifying tools, including hand tools, power tools, tool storage, garage door openers and electrician tools at select Sears stores and Sears.com. Maximum $100 in points per member. Points credit to account 24 hours after transaction. Points valid 30 days. IN-STORE and ONLINE. Points awarded next day and expire 7 days from receipt. Limit 1 time per member. Valid through June 30, 2018 11:59 PM CST. Points earned will be added to your Shop Your Way account and can be used on your next purchase. Only Shop Your Way members are eligible to earn or redeem points. Expiration dates vary. Offer Valid for Shop Your Way members only. Must be a Shop Your Way member logged in at Sears.com to receive this special offer. By accepting Shop Your Way member benefits and offers, you agree to the Shop Your Way terms and conditions, available at www.shopyourway.com/terms. Excludes paint and plumbing tools, Clearance, Great Price and Unilateral Pricing Policy items. Additional exclusions may apply.

Quick Thoughts

As noted at the top, there are stacking deals at play here. First is the $125 back on $125 shown above. That stacks with $50 back on $125 in Craftsman and other featured tools. Here’s a link to those.

The $125 back posts slowly, but the $50 in points on select Craftsman tools posts within 24 hours — so in total, you’ll get $65 back in about 24 hours and then $10 per month on the 15th of each month for the next 11 months, and those points are valid for 30 days.

Note that there is inconsistency in the expiration info of the $50 in points on tools. Specificially, see the terms of the “tools” deal under “key terms”. It says “points valid for 30 days”, but then goes on to say that the points will post the next day and be valid for 7 days. I only suggest going after this deal if you know you can use the points right away. If you can use the points, you can stack a great deal.

For example, here’s a set of tools that qualify. You can see the price is $149.99, but it qualifies for $176.50 back in points.

It can get better — add it to your cart and apply code FIREWORK and the price drops to $134.99.

Start through a shopping portal to get another 6% back / 6 Avios / 3 Ultimate Rewards for even further savings.

Click the image to go to CashBackMonitor.com and compare rates.

We don’t have recent reports in the Frequent Miler Laboratory, but in the past it was possible to earn portal rewards when shopping through the portal both when you are making a purchase today and in the future when using the Shop Your Way points — essentially doubling the rewards earned. I haven’t tested this recently — if any readers have, please let us know your results in the comments (and be sure to add results of experiments like that on the Laboratory page).

Of course, if you’re not looking for tools, you can still get $125 back on $125. Keep in mind the perpetual rumors that Sears is going to close down any minute. There is definitely some risk in waiting for Sears to pay out your points. As Toys R Us has recently reminded us (note: all stores are scheduled to close by Friday), retail giants can and do go out of business. That said, I remember people saying that about Sears seven or eight years ago and they are still here now. YMMV.

With deals like this happening all the time, I sure hope they stick around :-).

H/T: Christine from Unveiled Savings

Last updated on July 1st, 2018

Regarding comments: Comments posted at the bottom of Frequent Miler pages and posts are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.

About Nick Reyes

Nick Reyes is a (fairly) regular guy with an animalistic passion for maximizing the value of miles and money to travel the world in comfort and style. There is little in life that he loves more than finding a fantastic deal and helping you shop smarter & harder to achieve your travel dreams.

More articles by Nick Reyes »

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Alex D
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Alex D

Nick, I still make regular Sears Purchases. For the past year, my results when redeeming SYWR points have been consistent. Portals have not been paying on redeemed SYWR points. However, they do pay on the difference if you don’t use SYWR for the full purchase. If you have $100 purchase and use $10 in SYWR points, the portals (Topcashback being my primary option) will track it at $90.

al613
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al613

Ibotta has Sears @ 10%

al613
Guest
al613

Sears has another interesting promo, but it seems impossible to match features because of 13 month warranty. http://s7.sears.com/is/content/Sears/_ASAP/SEARS/Appliances/DAP/BrandShowcase/Rebates/Kenmore%20Challenge%206.20%20to%207.7%20revised.pdf?adcell=hp_ha_learnchallenge

Andree
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Andree

This was a great post. Thank you for the clear and detailed directions. I went through Top Cash Back portal at 6%, bought my tools and all discounts worked just as you described. Now I have $187 in SYW points.
Does anyone know if points can be redeemed for gift cards?

Vijay
Guest
Vijay

Note: SYW points will be available to you only in installments

Tee
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Tee

No, it can’t be redeemed for gcs.

Peter
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Peter

FYI most will be better off using the $20 off $100 coupon you can find on Retailmenot instead of the 10% coupon (provided your purchase is under $200). If you just buy $125 I would also suggest using the Retailmenot cashback instead of a portal (flat $ amount not a % – $10 back on $100)

trackback

[…] BIG stack: $175 back on $125 (yes, that’s right) at Sears by Frequent Miler. I stopped posting these deals when you started getting the points spread out over 12 months. IMO it’s just not worth the effort involved anymore. […]

Meow
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Meow

Sears stock price is down over 98% since 2007 and is around $2.20 with a market value of less than $1B. Generally when this happens in large companies like this, bankruptcy is filed within a year.

Peter
Guest
Peter

Generally yes. However Sears has been on life support for a decade now though but have stayed solvent by slowly shedding parts of the business. I think it’s far from a given that they’ll fold within a year. Very possible they do, but also very possible they somehow survive another 5 years.

trackback

[…] BIG stack: $175 back on $125 (yes, that’s right) at Sears by Frequent Miler. I stopped posting these deals when you started getting the points spread out over 12 months. IMO it’s just not worth the effort involved anymore. […]