After completion of bankruptcy and closing all stores, I guess the card would get either acquired by another retailer/lender, or Citi may PC it to another, due to its unique biz model of spending more/earning more. This biz model definitely has a large revenue for lender/retailer, due to its continuation even after BK11 filing. My card has a very high APR (29.5%!!!) and if I do not PIF, I will end up paying a very very high interest. This APR is the maximum that I could see among all my cards 
Fico8: EX~EQ~TU~810 (12 month goal~840).
Problem is they have nothing to convert this card to unless a brand new card product is created. The SYW card is serviced by Citi Retail Card Services which operates completely separate from Citibank's primary card line, and the two cannot be product change intertwined, such as changing from a Macy's Amex to a Costco Visa or from a Best Buy Visa to a Citi Custom Cash, and vice versa. I've never once seen a product conversion if there even could be one, once a co-branded partnership has ended with Citi Retail.
@xenon3030 wrote:After completion of bankruptcy and closing all stores, I guess the card would get either acquired by another retailer/lender, or Citi may PC it to another, due to its unique biz model of spending more/earning more. This biz model definitely has a large revenue for lender/retailer, due to its continuation even after BK11 filing. My card has a very high APR (29.5%!!!) and if I do not PIF, I will end up paying a very very high interest. This APR is the maximum that I could see among all my cards
No one knows for sure @xenon3030.
In the past, Citi has been known to discontinue CC products from both the legacy side and the retail side without PC'ing to anything else. It's doubtful, though, that any other lender would want to acquire an extinct brand's CC portfolio. While hopeful and speculative, temper long term expectations.
I just saw this promotion, where SYW gives 10% on (some) Raise.com purchases: https://www.shopyourway.com/news/get-10-off-your-total-gift-card-purchase
Do they often offer cash back on gift card purchases? I was hoping maybe they do, since they seem connected to Raise.com in some way based on this: https://help.shopyourway.com/hc/en-us/articles/4423052712973-How-do-I-REDEEM-MY-POINTS-
Thoughts?
So this is my FOMO talking, but:
Do you think there is a chance that it stays around, but stops taking new applicants? Should I apply now for fear of missing out?
The card may stay open for a few years till closing the Sears brand. Afterward, they either close the card, PC to another Citi's card or transfer it to another lender. The card is quite active with SUB, large spend offers and no sign that it may get nerfed soon.
If you need the card, I suggest to apply for it (I did the same). In the worst scenario, it gets closed after closing all Sears stores while it may take a while to reach to that point...
@TyrannicalDuncery wrote:I just saw this promotion, where SYW gives 10% on (some) Raise.com purchases: https://www.shopyourway.com/news/get-10-off-your-total-gift-card-purchase
Do they often offer cash back on gift card purchases? I was hoping maybe they do, since they seem connected to Raise.com in some way based on this: https://help.shopyourway.com/hc/en-us/articles/4423052712973-How-do-I-REDEEM-MY-POINTS-
Thoughts?
What you are showing is great. An extra 10% off at raise.com, on top of the already discounted cards, just for paying with the SYW card. And I assume, you'd get the usual 1% back with the card as well.
I tried it out and while I have the 'Pay with Shop Your Way' button as seen in step 2 of your link, when I get to step 4 of the link, my checkout looks exactly the same as the step 4 screenshot except for no '10% Savings' shown. Darn.
But what is super cool is the ability to use your SYW points at the raise.com website as opposed to the SWY website. On the SYW website, while there is a deluge of gift card choices, they are not discounted. If you use your SYW points at raise.com, you can use your points for discounted cards. Super cool!
I will try again later to see if I can get the 10% to work.
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