"Ralph Mowery" wrote in message
...
I don't know the numbers today,but read an artical about 10 years ago
where Sears actually made about 10 times the profit off the credit cards
than they did off the murchendise.

Not sure of the rates as I do not use that card, but it is probabaly 20 to
24 % now. That is a lot of profit.

Only idiots carry a balance. If you use a cash-back card and pay it in full
every month the card issuer will pay YOU instead of you paying them. I make
about $700 a year just by charging everything and I've never paid a dime in
interest.