HOFFMAN ESTATES, Ill. Sears Holdings announced that they are again bringing back the Christmas Club card to help consumers budget for the holidays and save money over time, without incurring credit card interest or debt. The Christmas Club card can be used across all Sears and Kmart platforms –- whether customers are shopping online, in stores or paying off layaway, according to the company.
When activated between now and Oct. 31, Christmas Club card users will earn a 3% reward- up to a maximum $100 – based upon the value they have on their Christmas club cards on Nov. 15, Sears Holdings said. The reward will be added to customers' Christmas Club cards by Nov. 24. To activate cards or add additional value at any time, customers can visit any Sears or Kmart store location, or online at www.sears.com/christmasclub or www.kmart.com/christmasclub.
Customers can start their Christmas Club cards with as little as $5, and they can add value as often as they want at any one of Sears Holdings' approximately 3,900 full-line and specialty retail stores, or online, according to the company. Customers can also transfer money left over from their 2009 red Christmas Club cards to the new gold 2010 Christmas Club card if they participated in or received cards as gifts from last year's program.
"The holidays are about enjoying time with family and friends -- not stressing over financial worries," said Susan Ehrlich, president financial services for Sears Holdings. "We are constantly looking for more ways to help serve our customers needs and improve their everyday lives, and the Christmas Club card was designed to do just that."
According to a national survey conducted by Sears and Kmart, 60% of Americans have put money into a savings account to save for a specific time of year, such as the upcoming winter holidays. Beyond this, 42% say they will rely on savings opportunities, such as rewards or points programs or coupons, even more now than they did last year.
According to a national survey conducted by Sears and Kmart, 60% of Americans have put money into a savings account to save for a specific time of year, such as the upcoming