money
 






 

Question by  georgepaul (89)

What is the interest rate on Sears credit cards?

 
+7

Answer by  Suzanna (17)

Apparently, the interest rate increased to 26% recently. That seems kind of high. Their rates don't seem fixed though since everyone of the forums keep complaining that they keep increasing.

 
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Answer by  MelMel (74)

Store credit cards are normally on the higher end of interest rates. When I had a Sears credit card, my rate was about 22%.

 
+7

Answer by  headley77 (97)

The interest rate for purchases on the Sears card is 25.24%. This rate is variable and will depend upon the current prime rate. There is no interest charged on the account if the entire balance is paid in full by the due date.

 
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