Sears starts new Christmas savings plan

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If you are of a certain age, you may remember Christmas clubs. They were savings plans that allowed consumers to put away a little money every month, so when the holidays arrived they had some extra cash stashed away so they can buy presents.

Well, Sears is rolling out a new version of this old savings plan and it could work for you.

The retailer is issuing a new card that allows consumers to put aside money on a regular basis till mid November.

The money you put in the program will earn a three percent reward up to $100. The consumer can then take the money and buy gifts at Sears.

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