My Kohls Card Review – Legit or Scam

MyKohlsCard is a credit card offered by the popular department store chain Kohl’s, that provides its users with a variety of discounts and benefits to enhance their shopping experience. The card is designed to reward Kohl’s customers and offers multiple ways to save money and earn rewards. With the MyKohlsCard, users can enjoy exclusive discounts, special offers, and perks like free shipping, birthday gifts, and more.

One of the most significant benefits of having a MyKohlsCard is the savings you can get right away. You’ll receive a 35% discount on your first purchase when you apply for the card. Moreover, once you receive the card, you’ll also receive a 15% discount coupon to use on your next purchase. These discounts alone can help you save a considerable amount of money on your Kohl’s purchases.

Apart from the initial discounts, cardholders can also take advantage of special offers and promotions throughout the year. MyKohlsCard members get at least 12 exclusive offers each year, and if you spend $600 or more with your card, you’ll be upgraded to a “Most Valued Customer” and receive 18 additional offers per year.

Moreover, if you link your MyKohlsCard to the Yes2You rewards program, you can earn even more rewards. You’ll get a $5 reward certificate for every $100 you spend, and on top of that, you’ll receive eight extra discounts every year just for being a Yes2You member. Additionally, Kohl’s also has a rewards program called Kohl’s Cash, where you can earn $10 back for every $50 you spend.

Overall, the MyKohlsCard is a great way to save money and earn rewards while shopping at Kohl’s. With its numerous benefits, this card can make your shopping experience more enjoyable and cost-effective.

MyKohlsCard Legit or Scam?

Here are some potential drawbacks of MyKohlsCard:

High APR: The APR for purchases on the MyKohlsCard is 26.49% variable, which is a high-interest rate. If you carry a balance on your card, you may end up paying a significant amount in interest charges.

Limited usability: The MyKohlsCard can only be used at Kohl’s stores, which means you won’t be able to use it at other retailers.

Penalty fees: If you miss a payment or your payment is returned, you may be subject to penalty fees of up to $38.

Rewards restrictions: While the rewards and discounts offered by MyKohlsCard can be beneficial, they are limited to use at Kohl’s stores and may come with restrictions or limitations.

Annual spending requirement: To qualify for the “Most Valued Customer” status and receive additional discounts, you need to spend at least $600 a year at Kohl’s.

Limited rewards program: While the Yes2You rewards program offers benefits to MyKohlsCard users, the rewards are limited to Kohl’s stores and may not be as beneficial compared to rewards programs offered by other credit cards.

Limited bonus categories: MyKohlsCard doesn’t offer bonus categories for spending, which means you won’t earn additional rewards for specific types of purchases.

In a nutshell, MyKohlsCard can be a beneficial credit card for those who frequently shop at Kohl’s. However, it may not be the best option for those looking for a more versatile credit card or those who struggle to pay off their balance each month due to the high APR.