Sears Solutions Reward Zone Program MasterCard:
chosen by 1% of Check users with Sears Solutions cards
Annual Percentage Rate
This information is based on anonymous, aggregated financial data from Check users. Last updated .
What do these statistics mean for people with a Sears Solutions Reward Zone Program MasterCard?
On average, cardholders owe $411 on their credit cards — less than the $1360¹ owed by the average American cardholder! When a credit card is used to make a transaction, the cardholder agrees to pay their credit card company the amount of the purchase. If the cardholder doesn't pay the statement balance in full before the end of the grace period (between 20 and 50 days), they will be charged interest. The statement includes recent and past purchases, as well as any interest charges or fees for past purchases. Use Check to track and pay your Sears Solutions Reward Zone Program MasterCard bill.
A credit limit is the maximum amount a credit card company will allow a cardholder to put on a specific card. Sears Solutions uses a variety of factors to choose a credit limit, ranging from credit score to income and assets.
A statement balance of
$411 with a $492
credit limit is a 84% credit utilization!
Tip: Try to keep your credit utilization low to maximize your credit score
Most U.S. credit cards give the nominal APR compounded monthly. At the end of the grace period, interest is charged on the unpaid part of the statement balance. Access your Check account and get an alert if your APR changes.
If only the $49 minimum payment on the $411 average statement balance were paid, interest of $76 would be charged, for a new total payment due of $438.
The above information is based on anonymous, aggregate data from Check users. Neither this website nor Check is affiliated with Sears Solutions in any way and should not be confused with Sears Solutions.