Here’s what you need to know about the Kohl’s Valued Customer Charge Card

As usual, we at CreditSense want to present an unbiased review of every credit offer and a 360 degree review of its benefits to you as a potential owner.  The thing to remember about the Kohl's Valued Customer Charge Card or most credit cards that are sponsored by a retailer is that it actually isn’t a credit card.  While it looks like a credit card and acts like a credit card at Kohl's it is actually a revolving account.

Revolving Account vs. Credit Card

The difference between a credit card and a revolving account is meaningless when you are purchasing at the sponsoring store, in this case, Kohl’s.  But the difference is drastic when evaluating the options from multiple perspectives. 

First, a revolving account, such as the Kohl’s credit card, will not show up as a credit card on your personal credit report.  On your credit profile, this card will show up as a revolving account at Kohl’s.  This is significant because a revolving account does not increase your credit score, and in many cases decreases your credit score.  We have a wealth of information on our site regarding this so be sure to check back for more on this.

Perks of Getting a Kohl’s Credit Card: Becoming a Valued Customer

The Kohl’s Card comes with some great perks for those of you who shop regularly at Kohl’s.  There are two levels of membership—The Kohl’s Valued Customer and the Kohl’s Most Valued Customer.

Kohl’s Valued Customer Card

  1. Receive extra discounts on everything 12 times a year.  Save as much as $120, annually if you shop all events and spend an average of $100.
  2. Kohl’s account ease bill-payment protection.  This perk comes with an additional fee.
  3. Itemized, easy-to-read statements.  You can pay online through My Kohl’s Charge at Kohl’s.com.
  4. 10% off your first purchase.

Kohl’s Most Valued Customer Card

You can become a kohl’s Most Valued Customer by spending at least $600 on you Kohl’s Charge Card every year (from February through January).  You’ll receive these additional exclusive benefits.

  1. Six time a year, you get to pick your personal sale day plus you’ll receive other special offers periodically throughout the year.  If you shop all offers and spend an average of $100, you’ll save as much as $170.
  2. You’ll receive the MVC Premier Newsletter.  This newsletter is full of useful fashion tips and lifestyle information, and provides valuable savings offers exclusively for you.
  3. 10% off your first purchase.

Conclusion

As far as store sponsored charge cards go, the Kohl’s Credit Card is pretty good.  It offers several perks to the cardholder above the normal 10% off the first purchase.  The rewards and the additional sales are pretty special.  I would consider this card if I were a loyal Kohl’s shopper.