The Sears Citi Credit Card is a cash back credit card. It works just like any other cash back cards do. You have to make a deposit on your card, and then you can earn rewards for every dollar you charge to your card. These rewards may be in the form of free flights, merchandise, home delivery services, car rentals, and so on. However, there are some things that you must know before applying for this card. If you want to know more about this cashback card, you should read on.
In order to apply for this credit card, you must be a United States citizen. If you are a resident of Canada, you may also apply. It is important that you know your financial institution well. Be sure that your bank or credit union is reliable. You need to know how long they have been in business and the track record of the people running the business.
Before you apply for a this card, make sure that you have enough money in your account. This is to make sure that you can pay for the monthly payment without any problem. Your card would not be approved if you do not have enough money in your account to cover the payment when the due date arrives.
Another important thing that you must do is read all the information on the credit card carefully. Make sure that you understand everything. If you do not understand something, ask a customer representative or the sales person about it. You should know the annual percentage rate or APR, the grace period, the monthly fees, the grace period, and other important information. If you do not know any of this information, you should contact the company's customer service center at once.
Most companies require you to pay the annual fee before you can use your credit card. You should know whether this fee is separate from the regular annual fee. If it is, you should see if you can get this fee waived. Many companies have special discounts for cardholders who buy a certain amount of things each month, like groceries or oil change coupons.
Always keep in mind that having a credit card means responsibility. You should not misuse it because it will only give you more trouble than it is worth. It is not worth getting yourself into debt because your are not able to handle your financial responsibilities. It is important for you to manage your finances well so that you will not need a loan. You should also pay your monthly bill on time to avoid late charges. If you are not able to do these things, you should find another way to make your payments.