There are some things to know about the Sears Citi Card. The rewards program is similar to most of the cards offered by this bank. Most of the cards have no rewards or low rewards. This makes it very difficult for you to make use of this credit card.
The benefits that you can get from this card are quite limited. The rewards are generally redeemable for cash back. It is also important to understand that you must carry more than $1000 on your card each month before the cash back rewards kick in. It is not easy to build a good balance level but once you start getting decent cash back and you are able to get the card with no restrictions, then you will realize that the rewards and the amount of benefits that you can get from this card will be worth it.
If you want the card without the credit limit, you should try to get a cash back reward card from a store that offers these rewards. You will find this is one of the easiest ways to build a credit history. This is a good way of building your score and you may also find that once you get the card that you do not need to pay the balance off because there will be no credit history built up.
If you are going to use the card in a store that allows the purchases to be taken cash only, you should watch out for the interest that is charged. Many cards will charge an annual fee when you first apply for the card and it can be a very high fee. You should make sure that you shop around and compare the fees of the cards before choosing one. If you decide that the interest rate is too high, you can always transfer your balance over to a credit card and lower the monthly payment amount.
One of the best benefits of the cards is that you can pay off your balance in full each month. This gives you the ability to keep a good amount of money in your account each month. Once you get to the point where you have more than enough in your account, then you can use the card as you would any other credit card. If you are going to start a small savings account then this could be a great option for you. If you choose the card then you will probably pay off a certain percentage of your balance each month and when you have reached that amount, then you can transfer the remaining balance to the card and use it as usual.
Make sure . . . . . . that you know what you are getting into before you apply for any credit cards. It is important to know what you are getting into so that you are making the right decision.