Predatory HSBC Credit Card Gone at Sears K-Mart
A visitor mentioned that we forgot to update you on the K-Mart credit card. Looks like the “new Sears” finally dumped the predatory lender. HSBC had their name on the paperwork but the back end was Household International. There was no “world class” service either.
HOFFMAN ESTATES, Ill., Oct. 27 /PRNewswire/ — Sears Holdings Corporation
(Nasdaq: SHLD) announced that starting today, Oct. 27, 2005, customers
shopping at Kmart stores will be able to apply for the Sears Card. “Kmart customers can also look forward to the same world-class service Citibank provides to our existing Sears’ proprietary and Gold MasterCard cardmembers.”
Sears Holdings announced in May that it had amended its agreement with Citibank and would be terminating Kmart’s relationship with Household Bank (HSBC), which previously provided a private label credit card program for Kmart. (see more)