WHAT DO YOU KNOW ABOUT KOHL’S?
The second-largest retail chain in terms of revenue, behind Macy’s Inc., is Kohl’s department stores, a division of Kohl’s Corp. (NYSE: KSS) (NYSE: M). Most people know Kohl’s as a family-friendly retailer that sells affordable, high-quality apparel. Through numerous sales events when it offers coupons for up to 35% off of retail goods, it has built up a devoted customer base. Like the majority of large retail chains, Kohl’s offers a retail store card under its own name that is only valid at Kohl’s locations and on Kohls.com.
KOHL’S CARD BENEFITS AND PERKS
A credit card with incentives is not the Kohl’s Card. If you participate in the Kohl’s Cash rewards programs, you can still receive points for your purchases. Customers may earn credit toward purchases using Kohl’s Cash. For instance, when you purchase $50 on products, you can receive $5 in Kohl’s Cash. A 35% discount on your first purchase made with your new Kohl’s card is just one of the promos that Kohl’s has provided for new cardholders.
Periodically, Kohl’s Cash offers are made and occasionally, only Kohl’s cardholders can take advantage of them. At Kohl’s, you may stack discounts and special offers on top of one another for significant savings. For instance, a client may use Kohl’s Cash on any purchase and a 30% discount offer. Coupons for cash-off discounts, such $10 off orders of $30 or more, are frequently available at Kohl’s. Both of these and Kohl’s rewards programs can be used in conjunction with these discounts.
Customers may join in all of these savings and rewards programs with a Kohl’s card, just like everyone else. However, cardholders additionally receive yearly incentives for 10% to 30% off retail discounts. Additionally, Kohl’s offers new cards a 35% discount off their initial purchase that can be used in conjunction with any other store promotions. Spending over $600 over the course of the year qualifies you as a Most Valued Customer, which entitles you to six additional discount offers, free shipping offers, and an annual birthday gift.
WHO USES THE KOHL’S CARD?
Through its discount offers and customer loyalty programs, which when used together may provide significant savings, Kohl’s has built up a devoted customer base. Having a new Kohl’s credit card makes sense for many customers since it comes with the incentive of 35% off the first purchase in addition to all other discounts.
A retail store card, such as the Kohl’s Card, can be an excellent choice for someone who is just starting to build credit or seeking to restore a positive credit history. Compared to traditional credit cards, retail store cards typically have easier eligibility requirements.
Note: Paying your Kohl’s Card bill after the due date could result in negative credit reporting and a reduction in your credit score, just like with a regular credit card.