I need more Sears gift cards like I need a hole in my head. However, Laboratory experiments must go on so I’ve recently bought no less than 5 new gift cards…
Sears has long been my favorite and most reliable double dip merchant. Sears regularly offers fantastic point earnings through popular portals. In the past, I’ve seen 10X through AAdvantage Shopping, 10X through the Ultimate Rewards Mall, and 15X through Southwest Rapid Rewards Shopping. Even better, it has usually been possible to double-dip: get points for buying gift cards and then get points again when buying merchandise using those gift cards. This has meant that it was easy to double point earnings: 20X through the Ultimate Rewards Mall, 30X through Southwest Rapid Rewards Shopping, etc.
A change in terms
On several shopping portals, a new phrase has appeared in the Sears’ terms & conditions:
Not eligible on gift cards, gift certificates or any other similar cash equivalents as of 11/1/12.
Uh oh. Does this mean the double dip is dead?
Experiments
In addition to testing the Sears’ double dip, I wanted to test the limits of my new credit cards: the U.S. Bank Cash+ and the Discover More card (see “Cash+ Update” and “Discover More Experiments in Progress“). Here is what I did…
Test 1: Go through ShopDiscover portal to Sears to buy a physical gift card and pay with my Discover card. Would I earn portal cash back (10%) and Discover’s quarterly bonus (5%) for online purchases? Result: SUCCESS! I Earned a combined 15% cash back!
Test 2: Go through ShopDiscover portal to Sears to buy an e-gift card and pay with my Discover card. Would I earn portal cash back (10%) and Discover’s quarterly bonus (5%) for online purchases? Result: MIXED. I earned 5% back thanks to Discover’s quarterly online purchase bonus, but received nothing from the ShopDiscover portal.
Test 3: Go through ShopDiscover portal to Sears to buy a physical gift card and pay with my Cash+ card. Would I earn portal cash back (10%) and 5% from Cash+ for department store purchases? Result: MIXED: I received 10% cash back from the ShopDiscover portal, but only 1% back from Cash+.
Test 4: Go through ShopDiscover portal to Sears to buy merchandise and pay with a gift card. Would I earn portal cash back (10%) despite not using my Discover card? Result: SUCCESS. I earned 10% cash back for purchase made entirely with a gift card!
Test 5: Go to Kmart in person to buy a gift card and pay with my Cash+ card. Would I earn 5% back from Cash+ for department store purchases? Result: FAIL. U.S. Bank did not count Kmart as a department store.
Test 6: Go through the Ultimate Rewards Mall to Sears to buy a physical gift card and pay with my Sapphire Preferred card. Would I earn 6X from the Ultimate Rewards Mall? Result: SUCCESS! I earned 6X points.
Test 7: Go through the Ultimate Rewards Mall to Sears to buy an e-gift card and pay with my Sapphire Preferred card. Would I earn 6X from the Ultimate Rewards Mall? Result: FAIL. No points earned.
Results Explained
The experiment results teach us a lot:
- You can earn points or cash back when buying physical gift cards from Sears.com.
- You cannot earn points or cash back (anymore) when buying e-gift cards from Sears.com.
- You can earn points or cash back when using gift cards at Sears.com.
- The ShopDiscover portal works regardless of how you pay. That is, you can pay with a gift card or a credit card other than Discover and still get cash back.
- The US Bank Cash+ card does not consider Sears.com or Kmart (in person) to be department stores. I had picked “department stores” as one of my 5% categories this quarter in the hopes of finding a new double dip opportunity.
In other words, it is still possible to double-dip with Sears, but it takes more planning than before. Previously it was possible to hop on a one day sale by buying e-gift cards in the morning and then using them to make your purchases in the afternoon. Now, however, you need to figure in the delay in processing and shipping of physical gift cards (in my experience, it takes approximately 5 days).
Currently, the best deals I know of are 10% cash back through ShopDiscover, 9% cash back through Ebates, 6X through the Ultimate Rewards Mall, and 6X through United’s MileagePlus Shopping portal. As a side note, the Ultimate Rewards Mall started the month with Sears at 5X, but quietly updated to 6X mid-month.
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DrSifu: I’ve never seen points take that long. Maybe the purchase didn’t track properly.
any thoughts on how long it takes points to post?
I bought a $400 physical gift card from Sears through the United shopping portal using the Home Improvement Card.
It’s been 35 days and nothing shows up in my Transaction Details.
And yes, there was a disclaimer that gift cards did not qualify.
[…] drug stores, online, and other third party vendors. My favorite blogger, Frequent Miler, posted that purchasing gift cards from Sears earn points. In this MilePoint.com forum post, it mentioned “upgrading” a Sears […]
[…] I reported earlier (see “The Sears double dip is alive but hobbled“), Sears seems to no longer give points when buying e-gift cards, but may still give points […]
FM – another data point – I went through the AA shopping portal to buy a Sears physical gift card and got the 5X. I used one of my Citi AA cards just because I didn’t want to take the risk of being rejected. Did this mainly because the AA shopping portal was having an extra 500 points for ever $250 purchase in their portal. So instead of 1250 AA points, I got 1750. Went this route instead of getting 1500 UR.
Vinh: Thanks! Great info.
FM: the other question Is whether a sears GC online can be purchased w a sears GC?
Yo: No, you can’t buy a sears GC online with a Sears GC
FM – So, if I purchase Sears physical card…I can buy food, toliet paper, etc at Kmart? Great post.
Lively: Yes, a Sears gift card can be used at Kmart, Sears, Lands End, MyGopher, Sears Outlet, etc.
I used shopdiscover portal to drugstore.com and purchased ~$600 goods with discover card, at check out I had a thought using the AMEX SPG card to meet the spending requirement, but didn’t use the AMEX since 15% cash back is a lot and I didn’t feel like mess with it by using a different card.
After the statement arrives the 15% shopdiscover cash back didn’t post, so I had to call – the representative (from Salt Lake City) looked in detail about my purchase and verified my discover card was charged ~$600, and she instantly credited me with the missing 15% cash back. Imagine I used AMEX and there is no way I can win this fight. So from my experience it’s better to be safe…
Jack: That’s exactly right. Paying with something other than your Discover card can be risky. A very similar issue comes up regularly with the Chase Ultimate Rewards Mall. There, you can get points if you pay with a different card, but you can’t necessarily get help if the points don’t post.
Another data point FM – I went through the Southwest portal to buy a $10 Sears physical GC using my SW Chase card and got the points. I only got 40 points for the purchase so far (4X via SW portal), but hoping the 500 point bonus will eventually post.
Vinh: Thanks for the data point
[…] Home › Gift Card Churning › The Sears Double-Dip: Not What It Used To Be […]
Sears triple dip – Sears shopwayreward every now and then 5-15% (of total value of purchase) back in shopway reward points (make sure you don’t ignore e-mail from shopwayreward – if interested in sears triple dip). Combining above mentioned double dip with shopwayreward bonus you can earn some cash and loads of points which essentially means free points.
@Greg The Frequent Miler – you should write a post on sears shopwayreward also for all the 3 tiers sliver,gold and platinum.
enigma: Thanks, good suggestions
Also, I think I’ve discovered what might cause bonus UR points not to post. As long as your transaction at Sears, whatever COMPLETES while your session through Chase is still active, it’ll register correctly. If for some reason your Chase session times out (due to neglecting that window) that’s when it might not necessarily post. To combat this, i ALWAYS make sure my cart and payment method is finalized and THEN I click on the merchant link through the UR portal and quickly complete the transaction. Hasn’t failed me in MANY MANY transactions (to the tune of about 160k UR points worth!)
Gabriel: I do something similar, but for a different reason. I don’t think it matters if the portal times out since it has already sent along the tracking info to the merchant. However, if the merchant site loses track of the session information that could be a problem. So, if I’ve been shopping a while, I also go back to the portal and click through again.
“I need more Sears gift cards like I need a hole in my head.”
Translation: the FrequentMiler portal will likely offer cash back on Sears gift cards for the foreseeable future. 🙂
I can confirm still getting 5x points from using my e-GC’s that I purchased @ 10X pts back in Sept from Sears. My most recent transaction was about 2 weeks ago for a data point
Yes, it’s always a great idea to rub loopholes in the face of the merchants who are funding them….