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Kmart® Announces $1 or Less Check Cashing Fee Nationwide

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SOURCE Kmart

Low-Cost Check Cashing Program Allows Shop Your Way® Members to Save Big

HOFFMAN ESTATES, Ill., July 17, 2014 /PRNewswire/ -- Kmart has announced a new Shop Your Way member savings exclusive: $1 or less check cashing.  Members can cash payroll and government checks up to $2,000 and personal checks up to $500* – all for $1 or less per check.

Kmart is tapping into the need for people who want the convenience of cashing checks where they shop or do not have access to traditional bank accounts. Now Kmart offers the service at a dramatically better price to deliver even more value to its Shop Your Way members.

"At Kmart, we know that every dollar counts," said Jai Holtz, vice president, financial services, Sears Holdings. "We're giving our members more savings so they can keep more in their pockets.  We know our members will love only having to pay $1 or less to cash their checks."

Additional Financial Service and Integrated Retail Offerings
Kmart members and customers can take advantage of additional savings opportunities in-store and online as part of Kmart's financial services portfolio, which includes layaway, lease-to-own, pay in-store, walk-in bill pay, money transfer, money orders, ATMs and pre-paid debit cards.  Details include:

  • Layaway: Kmart (and Sears) remain the only retailers to offer layaway 365 days a year both online and in-store. There is no minimum purchase and merchandise from most departments is eligible, including apparel, electronics, toys, home, footwear and more.  For more information, visit www.kmart.com/layaway.
  • Lease It: Kmart's lease-to-own financing program, Kmart Lease It, provides customers an easy, no-credit-required way to immediately take purchases home. For more information, visit www.kmart.com/leasing.
  • Pay In-Store: Shoppers can reserve items online and pay at their local Kmart store using their preferred payment method – cash, check, debit, Shop Your Way points, and/or credit or gift card. Customers can leave the store with their order or have it shipped to their desired location.
  • Free Store Pickup: Members can order online at Kmart.com or Sears.com and choose to pick up their order for free at any of the 2,000 Kmart or Sears stores locations -- ready in five minutes or less -- making it more convenient for members to shop.

For more information on Kmart $1 check cashing, visit www.kmart.com/checkcashing.

About Shop Your Way
Shop Your Way is a free social shopping destination and rewards program offering millions of products, personalized services, and advice. Through a network of retail partners and service providers, members can shop, compare, purchase items and earn points to use on future purchases. Members also enjoy special pricing, exclusive sales, events, access to celebrity brands and sweepstakes. And through the unique social community on shopyourway.com members can research and browse products, create wish lists, poll friends and family and even get advice from experts to help choose the products and services that best meet their needs.

There is no minimum purchase required for Shop Your Way members to redeem points and points can be used toward purchases across countless product categories. Download the free Shop Your Way app available on iTunes or Google Play.

About Kmart
Kmart, a wholly owned subsidiary of Sears Holdings Corporation (NASDAQ: SHLD), is a mass merchandising company and part of Shop Your Way, a social shopping experience where members have the ability to earn points and receive benefits across a wide variety of physical and digital formats through shopyourway.com. Kmart offers customers quality products through a portfolio of exclusive brands that include Sofia by Sofia Vergara, Jaclyn Smith, Joe Boxer, Route 66 and Smart Sense. For more information visit the company's website at www.kmart.com | Sears Holdings Corporation website at www.searsholdings.com | Facebook: www.facebook.com/kmart.

*Check Cashing
Acceptable IDs:  State-Issued Driver's License/State ID Card, US Passport/Passport Card, Military ID, Green Card, Tribal ID, Mexican Matricula Consular.  Types of Checks Accepted/Check Limits:  Government checks up to $2,000; Payroll checks up to $2,000; Personal checks up to $500.  Availability and service fees vary by location, please visit kmart.com/checkcashing.

Jamie Stein

     Heather Ribeiro

Sears Holdings 

     Zeno Group for Sears

847-286-3706

     312-527-2SHC (2742)

Jamie.Stein@searshc.com

     Heather.Ribeiro@zenogroup.com

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