Sears. (Shudder). With apologies to the Sears Holdings Corporation, just thinking of the word Sears brings back an avalanche of blood-chilling memories, involving four-hour Saturday afternoons at the mall trying on hideous back-to-school clothing (or, at least, the stuff from the clearance rack in the back of the store). My mom, bless her soul, had an internal fashion clock that always ran about ten years slow, so that even in the early eighties, she was buying me butterfly collar shirts and corduroy pants that the Partridge Family wouldn’t be caught dead wearing.
Fast-forward to the present-day and Sears is more closely associated with silverware, lawn furniture, and rotary saws. For the merchandise buying crowd, Sears represents one of the prime conduits of bonus miles and points into your frequent flyer accounts. Let’s look at a few ways to squeeze even more miles out of your Sears purchases.
Sears frequently offered 10 miles per dollar spent through shopping portals. Goosing that up to 20X was simple: First, you’d buy electronic Sears gift cards through a shopping portal, then use the gift cards to buy your actual stuff. Alas, like your favorite Genesis mix tape, that’s now a thing of the past. But you can still get close to 20X – you just need to make a little side trip to your friendly neighborhood office supply store first.
Still sore at said office supply store for dumping the popular brand of reloads and the $500 cards? Something that helped me get over it is the Home Improvement Gift Card, a new reloadable gift card that’s good for use at many hardware and paint stores – because, lo and behold, among the list of stores that accept this card is Sears.
So we start off by buying a HIGC for $3.95 at a bonus category merchant – with a card offering the highest payout – and loading $500 onto it. This can potentially net 5 points per dollar.
Before using the HIGC online, you’ll have to go the HIGC website and register your zip code:
- Click on a prominent box labelled “Check Your Balance.”
- After entering your card’s digits, you’ll get a screen called “Card History”.
- On the right-hand side of that screen is a section titled “Card Balance.”
- Click on “Register Your Zip Code” – you can figure out the rest.
The next step is to go through a shopping portal to the Sears.com website, and purchase physical gift cards. The electronic ones won’t generate points anymore, so you’ll have to wait a week or so for the gift cards to arrive in the mail. At least shipping is free.
You won’t be able to actually buy a $500 Sears gift card – you can only use $499 of the funds from the HIGC, because the Sears website will place a $1 “test charge” on it to make sure you’re not a hacker up to some cyber-monkey business. That means you’ll have to choose a custom value of $499 for your Sears gift card, and, after you’re all done, you’ll still have One Big Fat Dollar sitting on your Home Improvement Gift Card. It’s still good. Take it to Ace Hardware and buy yourself an old-timey cold root beer.
Over the past couple of months, airline shopping portals have offered brief double-miles promotions for Sears: United’s MileagePlus and US Airways’ Dividend Miles portals offered 6X, and American AAdvantage’s portal offered 8X. So how do you find out about these double-mile opportunities? The short answer: You’ve got to sign up for all of the shopping portals’ promotional emails and look for a double miles promotion. I’ll talk more about in a future blog post.
You can also search EvReward for the best portal payout, though it may not pull up limited-time promotions.
Okay, let’s recap our Sears miles-maximizing strategy:
- First, we buy $500 Home Improvement Gift Cards at bonus category merchants, using a card with the highest category payout.
- We then go through an online portal (offering the highest payout) and buy Sears physical gift cards in increments of $499.
- Once the Sears cards arrive in the mail, we go through the Sears website a second time (using a portal) and buy our goodies – that’s a triple dip for the win, baby.
- Depending on which promotions are running, we’ve racked up anywhere from 13x to 21x on our spending so far.
So, what should we buy at Sears? I’ll talk about that in the next article. But you can safely assume it won’t be more corduroy pants (or as I called them, Girl Repellant. Sigh.)
Chase Sapphire Preferred® Card
- Annual Fee: $95 fee waived for the first year
- Foreign Fees: No
- Card Type: Bank
The Sapphire Preferred offers 2x points on dining and travel, and no foreign transaction fees, making this the go-to card for travelers.
This card accumulates Ultimate Rewards points, which are very valuable for transfer to United and Hyatt. Overall, this card is a great choice for maximizing earnings on dining, travel, and every day spend.
- Earn 40,000 bonus points when you spend $4,000 on purchases in the first 3 months from account opening. That's $500 in travel when you redeem through Chase Ultimate RewardsSM
- Earn 5,000 bonus points after you add the first authorized user and make a purchase in the first 3 months from account opening.
- 2X points on travel and dining at restaurants & 1 point per dollar spent on all other purchases
- No foreign transaction fees, plus Chip and Signature enabled for international travel.
- 1:1 point transfer to leading frequent travel programs at full value — that means 1,000 Ultimate Rewards points equal 1,000 partner miles/points.
- 24/7 direct access to dedicated customer service specialists
- Introductory Annual Fee of $0 the first year, then $95