What Is the Citi ThankYou Mastercard (formerly the Sears Credit Card)?

As of 2025, the Sears Credit Card—once a go-to option for appliance buyers and seasonal Sears shoppers—has been retired. In its place, cardholders have been transitioned to a more modern, flexible product: the Citi ThankYou® Mastercard.

This updated card keeps many of the original perks but ditches the Sears branding and the Shop Your Way rewards program in favor of Citi’s more versatile ThankYou® points system.

What’s Stayed the Same

Despite the name change, much of what made the Sears card appealing is still intact:

• $0 Annual Fee – Easy to keep open and use occasionally

• Special Financing – 0% interest for 12 to 18 months on qualifying large purchases (like appliances and furniture)

• Online Account Access – Manage your spending and set up autopay via Citi’s digital tools

• Security Features – $0 fraud liability and instant card lock controls

What’s New with the Citi ThankYou® Mastercard

While the Sears logo is gone, new features make the updated card more useful for everyday spending:

• ThankYou® Rewards – Earn 1 point per $1 spent on eligible purchases

• Wider Redemption Options – Use points for travel, gift cards, cash back, or shopping at popular online stores

• No Foreign Transaction Fees – Make purchases internationally without penalty

What You Can No Longer Do

• Shop Your Way Points – The old Sears rewards system has been discontinued

• Sears/Kmart Bonus Events – Cardholder-only promos are now limited or phased out

• In-Store Only Version – All cards now function as full Mastercards, usable anywhere

Should You Keep or Use This Card?

If you still make large purchases (like home appliances, tools, or seasonal items), the special financing offers make this card a decent tool. The no-annual-fee structure also makes it easy to keep open, helping your credit utilization and account age.

However, if you’re no longer shopping with Sears or Kmart—or if you want more bonus rewards in categories like dining or gas—you may be better off with a modern cash back or travel rewards card.

Final Thoughts

The Sears Credit Card may be gone, but its DNA lives on in the Citi ThankYou® Mastercard. It’s no longer a store-specific card—it’s a general-purpose option with flexible rewards and long-term usability. For those who liked the simplicity and financing perks, the new version still holds value.

If you’re considering applying for a card with appliance-friendly financing and low maintenance, this new version may be worth keeping in your wallet—but don’t expect the old Sears experience.