Shop Your Way Reviews

Versatile Rewards: Earn 5% back on gas, 3% back at grocery stores and restaurants, 2% back at Shop Your Way vendors, and 1% back on other eligible purchases.

No Annual Fee: The card does not have an annual fee, making it a cost-effective option.

Special Financing Offers: Cardholders can benefit from special financing deals at Sears and Kmart, aiding in better management of larger purchases.

Flexible Redemption Options: Points earned can be redeemed for gift cards, statement credits, or cashback, offering flexibility to cardmembers.

Global Acceptance: As a Mastercard, the Shop Your Way Mastercard is accepted almost anywhere, providing convenience and flexibility during shopping.

Extra Complicated Rewards Structure: The rewards structure can be complex, requiring understanding of different point types and how to combine them.

High APR: The card can have a high APR of up to 29.74%, which may be a drawback for those who don’t pay their balance in full each month.

Foreign Transaction Fee: A 3% foreign transaction fee applies, which can add up quickly for international purchases.

Potential for High Interest Rates: Higher interest rates can sting if balances are not paid off each month.

Rewards Redemption Restrictions: There could be hoops to jump through, like expiry dates or specific items, when cashing in on those rewards.

Less Impressive Rewards Rates Compared to Some Cards: Rewards rates might not be as high as those offered by other credit cards for certain types of spending.

Fewer Perks Compared to Premium Cards: Unlike premium credit cards, this one might not give extra perks like travel insurance or concierge service.