We recently found out about Craftsman’s Tool of the Month program, and found it to be quite interesting. While not quite the same as a Craftsman Club calendar with $5 and $10-off coupons on the back, $10-off Craftsman tools every month seems like a nice little incentive to keep fans shopping.
Step 1: Spend $199+ on one qualifying Craftsman tool purchase. (I believe this means one purchase and not one tool purchase.)
Step 2: Fill out this form to activate your membership.
Step 3: Receive $10 in Sears Shop Your Way rewards points on the first day of the month, every month, good towards Craftsman tool purchases. Points expire after 30 days and cannot be combined.
Translation: Spend $199+ on a single Craftsman tool purchase, sign up for the Tool of the Month program, and get a total of $120 worth of rewards points that you can use on Craftsman tools over the span of 12 months.
You can spend your $10 Craftsman Tool of the Money rewards points in-store or online.
Only one membership per person per year.
There’s more info via Craftsman.com.
The Downside: What downside? If you’re going to spend $199 on Craftsman tools anyways, this will give you free $10 a month in points to spend on small hand tools, accessories, and consumables. You can also apply the points towards larger purchases. $10 off a $50 wrench set, for example, is still pretty good.
Right now there’s no information about if/when the offer will expire.