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From: lrd@druri.UUCP (DuBroffLR)
Newsgroups: net.consumers
Subject: Re: Sears Credit Cards
Message-ID: <911@druri.UUCP>
Date: Wed, 7-Mar-84 16:16:58 EST
Article-I.D.: druri.911
Posted: Wed Mar  7 16:16:58 1984
Date-Received: Thu, 8-Mar-84 08:42:23 EST
Organization: AT&T Information Systems Laboratories, Denver
Lines: 11

Here's one to add to the collection of Sears Credit Card war stories:

While working in Spain, I bought an item (approximate value $125 U.S.)
at Sears in Barcelona, using my Sears credit card, which was issued in
the Chicago area.  A week or so later, I returned the item (unused) for
credit to my account.  Each transaction was posted to my U. S. account
at the dollar value of the transaction, converted from Spanish pesetas
to U. S. dollars at the official exchange rate on the day of posting.
The exchange rate was not the same on both days; net result -- I re-
ceived a credit of a few dollars profit on what should have been a
break-even!