Kohl’s Credit Card Complete Review 2024: Pros and Cons

The Kohl’s Credit Card, offered by the renowned department store, provides exclusive benefits for shoppers.

Cardholders enjoy special discounts, earn Kohl’s Cash during promotional periods, and receive birthday offers.

The card carries no annual fee. It allows convenient online account management through the Kohl’s website and app.

Potential applicants should be aware of higher interest rates typical of store-branded cards, making it advisable to pay the balance in full each month.

This card is exclusively for Kohl’s purchases and in-store shopping, and it’s a suitable choice for frequent Kohl’s shoppers who can maximize its rewards while avoiding interest charges.

what is kohls?

Kohl’s is a popular American department store chain that sells a wide range of products, including clothing, footwear, accessories, home goods, and more.

Kohl’s is known for its extensive selection of brand-name merchandise, competitive prices, and frequent sales and discounts.

The company operates hundreds of stores across the United States and also offers online shopping through its website.

Kohl’s is a well-known destination for both fashion and home shopping, and it often provides customers with various promotions, coupons, and rewards programs to help them save money on their purchases.

  • Pros
  • Cons
  • Kohl’s credit cardholders can maximize
    store rewards and discounts,
    including a 35% discount on a
    single transaction within 14 days
    of approval.
  • Earn Kohl’s Cash during promotional periods and can
    be applied to future purchases.
  • Many Kohl’s credit card options have no annual
    fee, making it cost-effective.
  • Simplified return process with a Kohl’s card.
  • Easy access to manage your account
    online and view purchase history.
  • Get a 35% discount on a single transaction
    within 14 days of approval.
  • The Kohl’s Credit Card can only be used for purchases at
    Kohl’s stores and online, limiting its
    usability elsewhere.
  • Kohl’s Cash received must be used within 30 days of
    issuance, which requires timely
  • The Kohl’s Credit Card comes with a high-interest
    rate, making it expensive to carry a
    balance over time.
  • The Kohl’s Credit Card can only be used at Kohl’s
    stores and their website, offering no
    flexibility for other purchases.
  • Having a Kohl’s store-specific credit card may
    tempt you to overspend at Kohl’s.
Kohl's Credit Card Complete Review 2024: Pros and Cons

Kohls Credit Card Benefits

The Kohl’s Credit Card, issued through Capital One, is designed for dedicated Kohl’s shoppers seeking to maximize their rewards and discounts. With this card, you can earn a remarkable 7.5% in rewards with every purchase, a substantial incentive for frequent visitors.

New cardholders also enjoy a generous 35% discount on a single transaction, be it in-store or online, when used within 14 days of card approval.

However, there are certain drawbacks to consider. The card carries a relatively high annual percentage rate (APR), making it expensive for those who carry a balance.

Additionally, rewards can be somewhat complicated, as they quickly convert to Kohl’s Cash, which must be used within 30 days, imposing a sense of urgency on redemptions.

The Kohl’s Credit Card does offer some notable benefits. It provides exclusive monthly deals and an annual anniversary offer, and after spending $600 on your Kohl’s Card in a calendar year, you gain Most Valued Customer (MVC) status, entitling you to periodic free shipping.

Kohl’s Card purchases can be returned without a receipt, which can be convenient for some shoppers.

Earning and redeeming Kohl’s Cash can be a bit nuanced. While the card yields 7.5% in Kohl’s Cash on Kohl’s purchases, this translates to an additional 2.5% in rewards over Kohl’s Rewards members, as they already earn 5%.

However, there are restrictions on what can be earned as Kohl’s Cash, with certain items and brands excluded. Redeeming Kohl’s Cash can also be specific; it functions as a coupon for your next purchase rather than a statement credit.

It’s worth noting that Kohl’s Cash may affect the value of other discounts, as it’s applied to purchases before other offers, meaning it can reduce the value of the special offers cardholders receive.

This card has a $0 annual fee, but its APR is relatively high at 30.99%. Late payments or returned payments may incur fees of up to $40.

The Kohl’s Card is exclusively usable at Kohl’s, and Kohl’s Cash can only be redeemed for Kohl’s purchases, valid for just 30 days. While this card does offer additional rewards for Kohl’s purchases, it may not be the best choice for those who prefer more versatile credit cards without monthly reward expirations.

The Kohl’s Card is particularly appealing to frequent Kohl’s shoppers who can leverage exclusive discounts, special offers, and promotions.

It might also serve as an option for building or improving credit, especially if you can use the card sparingly and pay it off each month.

Ultimately, the suitability of this card depends on your financial situation, spending habits, and goals, and it’s best suited for those who can fully utilize its benefits.

how to apply Kohls credit card?

  • Visit the Kohl’s website.
  • Click “Apply Now” or “Get Started.”
  • Create or log in to your account.
  • Fill out the application with personal information.
  • Read and accept the terms and conditions.
  • Submit the application.
  • Wait for a decision.
  • Receive your card in the mail.

What company is Kohl’s credit card?

The Kohl’s credit card is issued through Capital One. It is a co-branded credit card that offers rewards and benefits specifically for Kohl’s shoppers.

Does Kohl’s have a credit card?

Yes, Kohl’s offers a credit card known as the Kohl’s Credit Card. It is available for eligible customers and provides various rewards and discounts when used for purchases at Kohl’s.

How hard is it to get a Kohl’s credit card?

Obtaining a Kohl’s credit card can vary depending on your creditworthiness and financial history. Generally, it may be relatively easier to qualify for a Kohl’s credit card compared to some other credit cards. However, like any credit card, approval is subject to credit checks and other factors.

Does Kohl’s credit card have benefits?

Yes, the Kohl’s credit card comes with benefits, including exclusive discounts, special offers, and promotions for cardholders. It offers rewards on purchases, and new cardholders can receive a substantial discount on their first transaction. There are also perks like easy returns, online account management, and the opportunity to earn Kohl’s Cash.

Can I use Kohl’s credit card anywhere?

No, the Kohl’s credit card is primarily designed for use at Kohl’s stores and their online website. It is not a general-purpose credit card and is limited to purchases made at Kohl’s locations. It cannot be used for transactions at other retailers or establishments.

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