Sears Offers 10% Bonus To People Who Convert Stimulus Checks Into Gift Cards

Sears is pretty desperate for that stimulus check money. They’re offering a 10% bonus to anyone who converts their stimulus check into a Sears Gift Card.

Customers can present their checks at a cash register at Sears and Kmart to convert it into a gift card at the full value of the check, and to receive a bonus gift card worth 10% of the check.

The cards can be redeemed at any Sears, Kmart or Lands’ End retail stores, as well as and, Hoffman Estates, Ill.-based Sears (SHLD, Fortune 500) said.

The promotion is scheduled to last between May 14 and July 19. The gift cards have no expiration and no fees.

Sears representative Kirsten Whipple said details for shoppers who elect to receive the fiscal-stimulus check by direct deposit are still being worked out, but they will likely be able to register online to receive a coupon to bring to stores.

Does this tempt you? Or will your rebate check go towards paying off some debt?

Sears offers bonus to stimulus check shoppers [CNNMoney]