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Confirmed, it does works online
Unfortunately you cannot use the credit towards the purchase of a gift card.
"Most items are eligible to redeem points. The following purchases are excluded: prescriptions, lottery tickets, eatery, licenses, tobacco, alcohol, firearms, gift cards, postage, bill payments, credit card payments, gasoline, Western Union, prior layaway purchases, purchases for which points were redeemed, Lands'End stores, ServiceLive and Sears Hearing Aids, Portrait Studios or any other license business, charges for installation, delivery, shipping charges, extended warranties, protection agreements, Sears or Kmart auctions on eBay, taxes and fees. See Program Terms and Conditions for complete details."
who know how to use those points?
add your items to the cart
apply any coupons while you're on the cart page with "Apply a Promo Code"
For example $5 Off $50 Sitewide with Coupon Code: SEARS2012
and/or BONUSDAYS which applies to items for the Home, I believe.
and/or OFFERS10 code for an additional 10% off (I don't know if these will stack, try it)
Click "Proceed to checkout",
Choose your shipping method or pickup and click Continue.
There you'll see the checkbox for "Apply SHOP YOUR WAY REWARDS Points "
Check that box and follow the rest of the checkout process
Regarding the varying of amounts and when they're given to each of us and that it is required to get promo emails:
Bonus Members may earn bonus points, in addition to Base Points, on specified Qualifying Purchases pursuant to the terms and conditions of promotional offers (which terms and conditions are incorporated into, and become a part of, these Terms) published by Company from time to time ("Bonus Points"). "Bonus Members" are Members who maintain a valid email address in their Program profile and who remain opted-in the Program to receiving promotional emails from the Program. Members who opt-out of receiving promotional emails from the Program ("Base Members") do not receive Bonus Points. Base Points and Bonus Points are together referred to in these Terms as "Points."
If a Bonus-Point offer gives Bonus Members the opportunity to earn, in Points, a specified multiple or percentage of a Qualifying Purchase or dollar value (for example, “2x Points,” “2% of value in Points,” or “$2 back in Points”) (a "Multiplier Offer") the specified multiple, percentage, or dollar amount of Bonus Points earned will include the Base Points earned on the purchase. For example, a Bonus Member will earn 1,000 Base Points on a $100 Qualifying Purchase. If a “2x” Multiplier Offer is applicable to the Qualifying Purchase, the total Points the Bonus Member will earn on the Qualifying Purchase will be 2,000.
If Company, in its discretion, permits a Bonus Member to combine two or more Multiplier Offers on a Qualifying Purchase, the total number of Points the Bonus Member will earn on the Qualifying Purchase will be equal to the sum of (i) the total Base Points earned for the Qualifying Purchase (the "Total Base Points") and (ii) the Bonus Points for each Multiplier Offer based on the specified multiple, percentage, or dollar amount for the Multiplier Offer less that portion of the Total Base Points that is attributable to the Multiplier Offer. For example, if a total Qualifying Purchase is $290 ($40 for shoes and $250 for tools) and if Company permits a Bonus Member to combine two Multiplier Offers (one that is 2% in Points for shoes and the other that is 10x in Points for tools) the total Points that the Bonus Member will earn on the Qualifying Purchase will be 25,800 calculated as follows: 2,900 Total Base Points (400 for shoes and 2,500 for tools) + 400 Bonus Points for shoes (800-400) + 22,500 Bonus Points for tools (25,000-2,500) = 25,800 total Points earned.
POINTS ARE NOT EARNED ON (A) NON-QUALIFYING PURCHASES, (B) NON-QUALIFYING PRESCRIPTIONS, OR (C) PROGRAM-ELIGIBLE PURCHASES MADE PRIOR TO YOUR ENROLLMENT DATE. BONUS POINTS ARE NOT EARNED ON PROGRAM-ELIGIBLE PURCHASES MADE PRIOR TO THE START DATE OF ANY BONUS POINT OFFER OR PROMOTION. Points are issued into your Points account within approximately 30 days from the date of the Qualifying Purchases, except that Points for Qualifying Prescriptions may be issued on a quarterly basis and Points for Qualifying Purchases from Authorized Vendors and from participating third-party vendors that are designated by Authorized Providers may be issued up to 90 days from the date of the Qualifying Purchases. You may review your Point balance in your Points account at shopyourway.com/rewards (the "Rewards Site", or such other site as designated by Company from time to time). You do not acquire property rights in any Points in, or earned but not yet issued into, your Points account.
You may also earn Base Points and, if you are a Bonus Member, Bonus Points on purchases from, or using services provided by, eligible third parties (including without limitation Authorized Vendors and Authorized Providers) pursuant to the terms and conditions governing those purchases as adopted, or approved, by Company from time to time (which terms and conditions are incorporated into, and become a part of, these Terms).
Company from time to time in its sole discretion may establish multiple rates for earning Base Points and Bonus Points that differentiate among Members on the basis of, or that depend on, reflect, or are affected by, Member achievement of specified levels of Program-Eligible Purchases, Qualifying Purchases, Qualifying Prescriptions, or similar criteria.
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I got $3, looks like I've missed out on a few of these, the $10 lawn & garden is probably the best one I missed out on
11/28/2012 3,000 points for being a valued member - Redeem points in Sears and Kmart 3000 3000 $3.00
11/9/2012 5,000 points for being valued member - Redeem Points in Men's Apparel 5 5
10/29/2012 Special points reward expired, points were not redeemed -10000
10/25/2012 10,000 points for being a Valued Member - Redeem points in Lawn & Garden 10000 10000 $10.00
10/22/2012 Special points reward expired, points were not redeemed -4000
10/18/2012 4,000 points for Valued Member - Redeem Points in Sporting Goods 4000 4000 $4.00
10/8/2012 Special points reward expired, points were not redeemed -3000
10/5/2012 3,000 Points for being a Valued Member - Redeem in Bras/Panties/Daywear 3000 3000 $3.00
10/4/2012 Special points reward expired, points were not redeemed -5000
9/30/2012 5,000 Points for being a Valued Member - Redeem in Sporting Goods 5000 5000 $5.00
9/24/2012 Special points reward expired, points were not redeemed -5000
9/21/2012 5,000 points for Valued Member - Redeem Points in Women's Shoes 5000 5000 $5.00
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