Sears Wants Your Stimulus Check Money
Sears Holdings Corporation wants shoppers to use their stimulus checks at its stores. The company announced it is offering a 10 percent bonus to every customer who converts their check into gift cards at Sears or Kmart.
How It Works
When customers bring their stimulus checks to a Sears or Kmart cash register, they can convert the amount of the check into gift cards, plus receive a bonus gift card worth an additional 10 percent. To be eligible, the amount of gift cards purchased must be equal to the full value of the stimulus check.
The gift cards can be redeemed at any Sears, Kmart or Lands' End retail stores or online at sears.com or landsend.com. The promotion is scheduled to last from May 14 to July 19, 2008.
Consumers Want More Bang for the Buck
Even with a weak economic outlook, a recent survey conducted by Sears suggests that Americans still want to make small changes in their homes. While nearly all respondents agreed that in the current economy it is more important than ever to get the best value for your money, three out of five people said that despite financial concerns, they are still investing in small home improvements that can make a difference.
Beginning May 1, customers can learn more about this offer in stores, as well as in Sears Holdings' circulars, online, targeted emails and direct mail pieces. The gift cards and bonus cards have no expiration and no fees.
"Whether customers plan to use their stimulus checks for the everyday items they need, updates to their homes or wardrobes, purchasing Energy Star(TM) rated appliances, or perhaps even to get a head start on holiday shopping, the Sears Holdings stimulus check program provides the flexibility to redeem the gift cards at Sears, Kmart, Lands' End retail outlets or online at sears.com or landsend.com."
Photo Credit: Sears Holdings Corporation


I am intrigued by the concept, but what about the people who don’t receive their stimulus checks until after the July 19th deadline? We aren’t scheduled to receive ours until September.
That is a very good question. I’ll see if I can find anything out.
Thanks!
Donna Montaldo
Coupons and Bargains at About.com
What about checks that are to be direct deposited?
Sears website indicates the offer is only good for checks, not for direct deposits.