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What Bank Issues the Kohl’s Credit Card?

The Kohl’s Credit Card Basics

Let’s start with the basics, shall we? The Kohl’s credit card is a retail card issued by Capital One, one of the largest banks in the United States. But, it’s not just any old credit card – it’s a special co-branded card that allows you to earn rewards specifically for shopping at Kohl’s department stores.Now, you might be thinking, “Why would I need a separate credit card just for one store?” Well, here’s the deal: retail credit cards like the Kohl’s card often come with perks and benefits that can make shopping at that particular retailer more rewarding. In the case of the Kohl’s card, you’ll earn rewards in the form of Kohl’s Cash, which can be redeemed for future purchases at Kohl’s.

The Kohl’s Credit Card Rewards Program

Here’s how the Kohl’s Credit Card rewards program works: for every dollar you spend at Kohl’s using your card, you’ll earn 7.5% back in rewards. Those rewards are issued as Kohl’s Cash coupons, which arrive on the first of the following month after you’ve earned them.For example, let’s say you spend $100 at Kohl’s in June using your Kohl’s Credit Card. In that case, you’d earn $7.50 in Kohl’s Cash rewards, which would be issued to you on July 1st. But, there’s a catch – those Kohl’s Cash coupons expire after 30 days. So, you’d need to use that $7.50 in Kohl’s Cash by July 31st, or it would become void.Now, I know what you’re thinking: “That’s a lot of rules and restrictions just to earn rewards at one store.” And you’re right, it can seem a bit complicated. But, for die-hard Kohl’s shoppers who frequent the store regularly, those rewards can really add up over time, making the Kohl’s Credit Card a valuable tool in their shopping arsenal.

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The Kohl’s Credit Card Interest Rate and Fees

Of course, like any credit card, the Kohl’s card comes with an interest rate and potential fees. As of my knowledge cutoff in September 2021, the Kohl’s Credit Card had a variable APR of 24.99%. That’s on the higher end for a retail credit card, but it’s important to remember that this card is meant for those who plan to pay their balance in full each month to avoid interest charges.There is no annual fee for the Kohl’s Credit Card, which is a nice perk. However, there are fees for things like late payments and returned payments, so it’s crucial to stay on top of your due dates and have sufficient funds in your account when your bill is due.

Applying for the Kohl’s Credit Card

If the Kohl’s Credit Card sounds like something you’d be interested in, the application process is pretty straightforward. You can apply online through the Kohl’s website, over the phone, or in-person at any Kohl’s retail location.During the application process, you’ll need to provide some personal and financial information, such as your name, address, date of birth, Social Security number, and annual income. Capital One will then review your application and credit history to determine if you qualify for the card.One thing to keep in mind is that the Kohl’s Credit Card is a retail card, which means it may be easier to qualify for than a traditional credit card from a major issuer like Chase or American Express. However, that doesn’t mean everyone will be approved – your credit history and income will still play a role in the decision.

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The Kohl’s Credit Card: Pros and Cons

Like any financial product, the Kohl’s Credit Card has its pros and cons. Let’s break them down:


  • Earn rewards specifically for shopping at Kohl’s
  • No annual fee
  • Potential for discounts and special financing offers
  • May be easier to qualify for than a traditional credit card


  • Rewards expire after 30 days
  • High interest rate
  • Can only be used at Kohl’s (no flexibility)
  • May encourage overspending at Kohl’s

As you can see, whether the Kohl’s Credit Card is a good fit for you depends on your shopping habits and financial situation. If you’re a frequent Kohl’s shopper who pays your balance in full each month, the rewards and potential discounts could make the card worthwhile. However, if you tend to carry balances or prefer more flexibility in where you can use your credit card, you might be better off with a general cash back or travel rewards card.

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Alternatives to the Kohl’s Credit Card

Speaking of alternatives, let’s talk about some other options you might want to consider instead of (or in addition to) the Kohl’s Credit Card:

Cash Back Credit Cards

If earning rewards at Kohl’s isn’t a top priority, a cash back credit card could be a better choice. Cards like the Citi Double Cash and the Chase Freedom Unlimited allow you to earn cash back on all of your purchases, not just those made at a specific retailer.The great thing about cash back cards is that you can redeem your rewards for statement credits, bank account deposits, or even gift cards – giving you much more flexibility than a retail card like the Kohl’s card.

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Travel Rewards Credit Cards

For those who love to travel, a travel rewards credit card could be a better fit. Cards like the Chase Sapphire Preferred and the American Express Gold Card allow you to earn points or miles that can be redeemed for flights, hotel stays, and more.While you won’t earn bonus rewards specifically for shopping at Kohl’s, the value you can get from travel rewards cards often outweighs the benefits of a retail card, especially if you’re not a frequent Kohl’s shopper.

Store Loyalty Programs

Finally, it’s worth noting that you don’t necessarily need the Kohl’s Credit Card to take advantage of Kohl’s rewards and discounts. The retailer also offers a free loyalty program called Kohl’s Rewards, which allows you to earn $5 in Kohl’s Cash for every $100 you spend, regardless of how you pay.While the earning rate is lower than the Kohl’s Credit Card (5% vs. 7.5%), it’s still a way to earn rewards at Kohl’s without having to open a new credit card account.

The Bottom Line

At the end of the day, the decision to apply for the Kohl’s Credit Card comes down to your personal shopping habits and financial goals. If you’re a loyal Kohl’s shopper who pays their balance in full each month, the rewards and potential discounts could make the card a valuable addition to your wallet.However, if you’re looking for more flexibility or tend to carry balances, you might be better off with a cash back or travel rewards card from a major issuer. And don’t forget about Kohl’s Rewards – it’s a free way to earn rewards at Kohl’s without having to open a new credit card account.No matter what you decide, just remember: a credit card is a tool, and it’s up to you to use it responsibly. As long as you pay your bills on time and avoid overspending, the right credit card can be a valuable asset in your financial toolkit.

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