Maximizing Kohl’s

My family likes Kohl’s. We especially like them because of how we can maximize the value of our spending there. As an example, we just bought $700 retail value for $410 plus 3600 UR points valued at $72. Put another way, we saved over 50% off of Kohl’s prices. Kohl’s prices are somewhat inflated, but saving 50% makes it worthwhile to do our shopping there. Here’s how we did it.

To start, I have the Kohl’s charge card. This allows me to receive special periodic sales of 15, 20 or 30% off. In addition, they will often have a special Kohl’s Cash offer where you earn $10 of Kohl’s cash for every $50 you spend. Kohl’s cash can be turned around and used to purchase more Kohl’s products. 

 

Next, they have a frequent shopper’s program called Kohl’s Rewards that earns $5 rewards for every $100 spent. 

 

Finally, I purchased four $100 Kohl’s gift cards from Staples.com using my Chase Ink Plus card.

 

 

Here’s all of the math.

In-store Purchase

+$300 – In-store purchase

- $90 – 30% discount coupon

=$210

-$200 Kohl’s gift cards

-$10 charged on Kohl’s charge card – required to use the savings coupon

+$40 Kohl’s Cash received

+$10 Kohl’s Rewards

Online Purchase

$400 – online purchase

-$120 – 30% discount coupon, Yes, I am allowed to use the same 30% coupon repeatedly until it expires

=$280

-$40 previous Kohl’s Cash received

-$30 electronic Kohl’s Cash received from splitting the online purchases in two

-$200 Kohl’s gift cards

-$10 Kohl’s Rewards redeemed

The final tally is $700 in Kohl’s merchandise for $410 cash out, and 3600 Chase UR points worth about $72. Plus we have another $20 in Kohl's Cash that we can use in the future.

Yep, our family definitely likes Kohl’s.