December 27, 2013
I’ll be on vacation until January 6th. Until then, I’ll publish a series of “mini posts” with an occasional regular post if something interesting comes up. I may or may not answer blog comments or emails during this time. Thanks for understanding!
Kohl’s is rolling out a new rewards program called Kohl’s Rewards. So far, it’s available only in limited areas. A few readers have told me that they have access to Kohl’s Rewards in the California Bay Area. In Ann Arbor, Michigan, I get nothing:
The basic structure of this program is that you earn 1 point per dollar and each point is worth 5 cents towards an award certificate. So, this is like getting 5% back in the form of these certificates. My guess is that these certificates will work like Kohl’s Cash. If so, they’re actually worth less than their face value (since you can’t apply coupon discounts to the part of an order where these are applied). So, let’s call this a 2.5% rebate rather than a 5% rebate. That’s still pretty good considering the many ways to save money and earn points when shopping at Kohls.