Kohl's Credit Card

Kohl's Credit Card is a "closed-loop" store card, meaning you can use it only at Kohls. The interest rate is quite high-21.9% an s of February 2017, so it's not a card you'd like to carry a balance on.

Many store cards, such as the Amazon Prime Store Card, offer cardholders a discount on every purchase. The Kohl's card is different. Instead of knocking off 5% or so at checkout, Kohl's runs regular promotions and "secret sales" to give cardholders extra opportunities to shop at a discount. These promotions take several forms:

• KOHL'S COUPONS

The holder of Kohl's account card receives a crossed coupon once a month. Coupons can be discounted by 15%, 20% or 30% within a limited period of time. The company says the discount amount is random, but according to market research, if they shop regularly, they get better coupons. Usually, the validity of e-coupons is limited, starting a few days after receiving an e-mail.

• KOHL'S CASH

Kohl often holds promotions, and shoppers get a $10 coupon for every $50 they spend. The coupons are redistributed at the time of purchase, but it will take several days for them to take effect. In this way, shoppers and shopping centers will produce consumption stickiness, not just turn around and spend money.

• YES2YOU REWARDS

The company's rewards program pays points when you make purchases in a Kohl's store or online. The points can be exchanged for coupons. You don't have to be a Kohl's Charge card holder to participate in the program.

• OTHER SALES

Although most of them are not exclusive to Kohl's Charge customers, Kohl's does run other sale s events. Customers are notified via email alerts, mailers, in-store signs and sometimes scratch-off coupons available at the register.

About Kohl's Credit Card login, you need to go to the Kohl's official website.

If you're already a loyal supporter of Kohl, he knows all the secrets of shopping there, from using Wi-Fi surprise coupons in stores to watching retailers'night owls and early bird specials, you need to buy one. If you shop regularly in Kohl's to use the reward certificate before its expiration date, you need to get Kohl's, credit card. In addition, if you are someone who wants to improve your credit, you need to get Kohl's credit card.

Kohl's credit card is a solid credit card product if you plan to pay off the balance every month and have the time and desire to shop on a specific date to take advantage of your credit card benefits. If these two conditions do not apply to you, you'd better look elsewhere for a better comprehensive credit card.

The only difference between store credit cards and regular credit cards is that store credit cards are branded and associated with a specific retailer and its rewards program. Store credit cards offer in-store discounts, allow cardholders to earn and redeem points when making purchases.

There are two basic types of retail store credit card:

• Open-loop cards: These cards with a Visa, MasterCard or American Express logo in the bottom-right, can be used anywhere.

• Closed-loop cards: These cards without a Visa, MasterCard or American Express logo only can be used at their co-branded stores, online stores or affiliates.

For example, there are three types of Best buy credit cards, My Best Buy Credit Card, My Best Buy Visa Platinum Credit Card and My Best Buy Visa Card. My Best Buy Credit Card is a closed-loop card, so you can only use it at Best Buy. My Best Buy Visa Platinum Credit Card and My Best Buy Visa Card are open-loop cards, you can use them anywhere that Visa is accepted.

Easy to get and can help you to build credit

Because of store credit cards’ high interest rates and low credit limits, they are easy to get with fair or poor credit. If you can use it responsibly, this is an opportunity to build up your score.

A reasonable annual fee

Many great store rewards cards don’t have an annual fee.

Save money at your favorite stores

Store rewards cards have different rewards programs which are great ways to save money, especially you are a frequent customer of that shop. For example, My Best Buy Credit Card offers as much as 5% cash back.

Additional sign-up bonuses and benefits

Many store reward cards attract new customers with a sign-up bonus. What’s more, some store reward cards offer extra benefits, such as discounts, free shipping, a birthday gift and extended return policies.

Open-loop cards can be used anywhere as normal credit cards.

Low credit limits

This means that you have the risk of going over your credit limits.

High interest rates

Most store credit cards’ interest rates are higher than the industry average (17%).

Closed-loop cards are limited to single store

Many store credit cards can only be used at their store or online shop. But some store credit cards can be used anywhere like normal credit cards, such as Amazon Prime Rewards Visa Signature Credit Card.

Customer service problems

Some store credit cards are not issued by major cards issuers, so the quality of customer service is difficult to guarantee.

Some store credit cards can’t be used for balance transfers

Credit score

Banks approve much lower credit scores for store cards. Therefore, applying a store card is an ideal way for someone with a fair or poor credit score to rebuild his or her credit.

Credit card application

You can apply for a store credit card online, in-store or by email depending on the card. And you just need to fill in your personal information and submit your application. The credit card issuer will consider your credit reports and several different factors when reviewing your application to get an idea of your creditworthiness.