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.
