The Sears Bank in Canada was established in 2003. The sole purpose of this institution was to process and handle all Canadian credit card accounts that were issued to customers of the popular Sears & Roebuck Company.

Though the primary function of Sears Bank Canada was to process credit card account information, it also assisted in other services that were related to the Sears industry. These services included the Sears Card, Sears Club, Card Assist, Sears Passport to Travel, Sears Welcome Home, Sears Connect, Family First, New Outlook and Insurance Services.

Though the institution was referred to as a bank, it did not handle day to day financial transactions that one usually associates with a banking facility. The Sears Bank Canada was only in service for approximately two years, from 2003-2005 when it was purchased by the ever growing JP Morgan Chase company.

Canadian Banks

Canadian Banks > Sears Bank in Canada