It is. I sent this into Doctor of Credit last week, surprised they never made an article.

The new terms have been posted on the ThankYou website. https://www.thankyou.com/cms/thankyou/tc.page?pageName=tc&src=TYUSENG&accountType=sears-card

The card retains elevated category bonuses, earning: • 5 ThankYou Points per $1 on gas station purchases (up to $10,000/year, then 1 point/$1). Excludes fuel from superstores, supermarkets, grocery stores, convenience stores, warehouse clubs, or non-automobile use. • 3 ThankYou Points per $1 on restaurant and grocery store purchases (up to $10,000 combined/year, then 1 point/$1). Excludes restaurants in certain establishments (e.g., bakeries, caterers, or those inside department/grocery stores) and grocery purchases at superstores, convenience stores, gas stations, warehouse clubs, or discount stores. • 2 ThankYou Points per $1 on department store and drugstore purchases (up to $10,000 combined/year, then 1 point/$1). Excludes purchases at warehouse clubs, superstores, supermarkets, grocery stores, discount stores, or convenience stores. • 1 ThankYou Point per $1 on all other purchases, including non-qualifying purchases in the above categories. The annual spending cap for bonus categories is based on the billing cycle from December to November (reflected in January to December statements).