Give cash paying cutomers the same discount Sears card holders get

Why not just put it on the Sears Card and then pay it off the next day if you have the cash anyways?

I agree with Kona.  I don't have a Sears card (in fact, I only have one credit card -- that's enough for me) and if Sears wanted a way to draw in more customers this would be a sure-fire way to do it.  Cash discounts used to be very common about 20 years ago -- until the banks and credit card companies took over everything.

And, charge MORE to Customers that buy stuff for less than $20, with a $100 bill!

Sears saves money every time a Sears card is used. So essentially it's passing on the savings to the customer. Hence the additional discount on big ticket sears card purchases.

They also earn more money when people pay in cash.  The credit card companies get around 3% of the purchase price when you pay with credit.  So that $100 purchase, the credit card companies get $3 of it. 

We should have double prices on EVERYTHING - like some of the gas stations do!

discount ?! with very high interest rates by Citibank use a credit card cause yah dont have the cash, if got the cash perhaps some thought to $$ discount, although if yah paid $$ and then cancelled the order before delivery, you have to wait for a check to come from 7-10 days from Sears as the store wont render the monies on the spot, if paid by c/card, monies credited back to your card about a week, so there are issues with both.

Not accurate. Cash can be tendered immediately, though it may require processing in the cash office, as registers don't have much money in them. Checks are the only method of payment that requires waiting for a check to be mailed.

Sears card discounts are not all the time. And, every retailer offers specials for using their card.

Sears makes the most money on a sale processed on a Sears card, because rather than charging Sears a percentage of the sale, CitiBank PAYS Sears a percentage of the sale. Therefore, a $100 sale on a Sears card is worth more than a $100 sale in cash/debit/check, and that's worth more than a $100 sale by third-party credit card. And, by offering special discounts to Sears card users, it increases the number of purchases made on Sears cards, which means increased revenue.

The point of the old-timey cash discount was that the merchant wasn't losing money to the credit card company for processing fees. However, Sears makes more money from the Sears card than from cash, so that incentive is gone. And, cash requires processing in-house, which means payroll hours are spent, which means it actually costs the store money to accept cash payments, while the Sears card actually pays the store for being processed.

Just because cash used to be "king" doesn't mean it still is. Conventional wisdom isn't permanent. And, the next time you see a special discount just for people using a retailer's credit card, ask them to offer the same discount. Lowe's won't do it, unless they're willing to sacrifice profit to cut into Sears' sales (a short-sighted approach). Harbor Freight...well, they sell junk that's marked up a zillion percent, so they could sell their stuff for 90% off and still make a tidy profit. Menard's and HHGregg are tiny players with more leeway to play with margins because they're not publicly owned, and thus have no obligation to run their businesses in the most profitable way possible.

Depending on the business models of the 1950's won't do much to help the 21st century consumer, I'm afraid.

Cash lost it's throne a long time ago heh.  I'd say about 95% of my sales are to credit/debit.  It's quicker and more convient then carrying the 1000 dollars needed to purchase appliances.  Honestly, the only thing I pay cash for is the local pizza joint around the corner, and I think they're adding credit capabilities soon.  To me, it really doesn't make sense to carry cash anymore.

And, you still get the "May I put this on your Sears card?" question, whether you have plastic OR cash in your hands.

It's the LAW!

I had not used my Sears card in FOUR YEARS after being screwed by Sears on a water heater. Finally, I use the card, only spending $250.40 of the $1100.00 limit I have had for more than 18 years, only to receive a letter in the mail saying they had reduced my credit limit to $250.00. I'm sure that they will use my .40 overage to jack up the interest or charge a fee. Well they have pushed me over the edge.I will be taking that $250.40 out of savings and paying it off and closing the account tomorrow morning.

Honestly? I think this is kinda funny. Every other retailer has a card. And they offer the same deal on there card the way Citi Group does with the Sears Card. Extra Percents off by using their card. Either get a card, and get the discount or not. Looking for what you need and want, is what shopping is all about.

The Sears Card is the SMART way to shop with Sears Holdings. Purchases are kept easier if you need to look up something, and makes it easier to adjust purchases, along with being able to get your credit back if their is a need to cancel a purchase. USE YOUR SEARS CARD!

I have to say, I love this response! Seems that people are still caught in the old ways of shopping the Mall. There are so many different ways that retailers make money, other than cash on hand. I like every bullet point you put up. Consumers need to get off their ego ride, and mold into what business is today.

I honestly think Cash will be like gold sometime soon down the line; where nobody actually carries it.

Shouldn't you have checked with CitiGroup that the card was still active?

I dont see why you think you are getting "screwed" if you use cash.... if that is your preferred method.

If you really feel that way sign up for a card, then you will get the extra savings.

I'm not able to get a card and that sucks, but I dont expect them to give me a discount for cash....

Using cash makes it difficult to do product purchase transactions, later (if you don't keep your receipt).

I pay cash for everything I can. Hate credit cards.