1. You don’t have to spend as much as you think to earn Kohl’s Cash.
Regulars know that Kohl’s Cash is king. The signs say that you’ll earn $10 in Kohl’s Cash for every $50 you spend. But officially, it’s OK if you come up a little short — you just have to get within $2 to receive the bonus. So $48 will do the trick. Just be sure to check the dates when you earn it — Kohl’s Cash does expire.
2. If you’re considering the credit card, $600 is the magic number.
“Kohl’s is one of the few credit cards that I actually recommend getting because they offer so many exclusive savings,” says Heather Schisler, founder of Passion for Savings.
“They send out card holder exclusive coupons at least once a month.” That means you’ll get no less than 12 special discounts. And if you spend $600, you’ll get at least 18 discounts a year. Plus, you’ll save 20% off your first purchase with your Kohl’s card.
3. The rewards program will pay out no matter how you pay.
Even if you don’t sign up for the credit card, it’s worth signing up for the YES2YOU Rewards program. You’ll earn one point for every dollar you spend and get a $5 reward for every 100 points. “It’s like getting 5% back on purchases,” says Lori Felix of More With Less Today.
But don’t dawdle on using the cash after you convert it from points — it expires after 30 days (and points expire after a year).