Sears offers a co-branded MasterCard with several rewards and perks through Citibank. Cardholders can earn cashback rewards ...

The company also says the bankruptcy filing will not affect the Sears Credit Card and Sears Mastercard. Still, consumers may remember what happened with another financially troubled retailer ...

My bank sends an electronic check to pay my Sears Citibank bill every month ... I can't wait to cut up my credit card and send it to them to put it where the sun doesn't shine.