topic Re: Macy's or Kohl's or Target.... in Credit Cards

Macy's or Kohl's or Target....

irunfromcredit — Wed, 23 Nov 2016 00:52:06 GMT

Wanted to ask those who hold one or two or all three of these cards if they are reaping all the benefits from the card versus someone who does not have the card. I know that Macy's and Kohl's promote additional savings for card holders and Target gets the 5% back on Target purchases. I am just wondering if it would be worth it for me to get one of these cards for additinal savings. As it is now, I do my best to take advantage of coupons and cartwheel and using cash rewards cards for my purchases, but am wondering if I would get more if I had one of their cards. I looked at my yearly spend and I spend a significant amount of money at these retailers.

Thanks again for any input!!!

Re: Macy's or Kohl's or Target....

Anonymous — Wed, 23 Nov 2016 01:03:46 GMT

For me personally.... Kohl's credit card is absolutely worth it. I get 30% off and other perks and I just turn around and pay it off. Get that card if you buy a lot at Kohl's

Re: Macy's or Kohl's or Target....

FroggieMom — Wed, 23 Nov 2016 01:03:57 GMT

I have a Kohl's card and it! But then again, its my favorite place to shop as well! They do offer birthday month coupons and extra % off coupons throughout the yr that can be stacked with the rewards/Kohl's cash that you earn on purchases. Can't speak for Macy's ....never cared much for them, may shop in there 3x a yr. On the Target front, you can get the Redcard debit version that works just like your debit card by taking the $ from your checking acct and you get the same 5% off with it so I don't see much benefit in apping for the credit version...esp since I've read on here multiple times that it doesn't ever really grow, and of course the APR is outrageous.

Re: Macy's or Kohl's or Target....

irunfromcredit — Wed, 23 Nov 2016 01:13:40 GMT

@Anonymous wrote:
For me personally.... Kohl's credit card is absolutely worth it. I get 30% off and other perks and I just turn around and pay it off. Get that card if you buy a lot at Kohl's

Thanks for the input! I am on their rewards program and use their coupons, but cardholders get more of a savings...so this is good to know!! And yes, Kohls, Macy's and Nordstroms are the department stores that get most of my spend! And I am at Target weekly. LOL

Re: Macy's or Kohl's or Target....

irunfromcredit — Wed, 23 Nov 2016 01:15:17 GMT

@FroggieMom wrote:
I have a Kohl's card and it! But then again, its my favorite place to shop as well! They do offer birthday month coupons and extra % off coupons throughout the yr that can be stacked with the rewards/Kohl's cash that you earn on purchases. Can't speak for Macy's ....never cared much for them, mayain i shop in there 3x a yr. On the Target front, you can get the Redcard debit version that works just like your debit card by taking the $ from your checking acct and you get the same 5% off with it so I don't see much benefit in apping for the credit version...esp since I've read on here multiple times that it doesn't ever really grow, and of course the APR is outrageous.

Thank you for your input! I completely forgot about the redcard debit version. I actually had that on my debit card years ago, but my debit card expired and never went back to update. I may have to do this again instead of opening an account. I have gotten so use to using credit...I don't even carry my debit card with me as much anymore.

Re: Macy's or Kohl's or Target....

hjh916 — Wed, 23 Nov 2016 01:46:20 GMT

I love my Kohl's charge. 30% coupons multiple times a year. Only issue I have is I can't get them to budge with a CLI. I've been stuck at $300 for over a year.

Re: Macy's or Kohl's or Target....

irunfromcredit — Wed, 23 Nov 2016 01:49:07 GMT

@hjh916 wrote:
I love my Kohl's charge. 30% coupons multiple times a year. Only issue I have is I can't get them to budge with a CLI. I've been stuck at $300 for over a year.

thanks for your input! I do know they give out small CL's...so wondering with these 30% coupons, do you need to use your kohl's card when using the coupons. I know if i had a 30% coupon I would definitely be spending more than $300....

Re: Macy's or Kohl's or Target....

hjh916 — Wed, 23 Nov 2016 02:19:31 GMT

Yes, you need to use the coupon in conjunction with your Kohl's charge

Re: Macy's or Kohl's or Target....

austinguy907 — Wed, 23 Nov 2016 02:26:06 GMT

I've had a couple of these over the years. They're tempting to get for the discount but, pretty much useless for anything else. I had a Target that was $200 or something like that for a few years and would never budge or convert to the Visa version and eventually dumped it. I still have the Macy's AMEX but rarely use it for anything and just keeping it around for an open TL and history. At least I can use it for something else other than shopping if I needed to. Kohl's is just pointless since there's no chance of being able to use it anywhere else or seeing much growth.

If you're going to spend a HP get something that's going to fit your profile 5 years down the road instead of bargain hunting and hurting your CR / Scores for the next year.

Re: Macy's or Kohl's or Target....

irunfromcredit — Wed, 23 Nov 2016 02:36:14 GMT

I decided not pursue the target card since I was reminded in this thread that I opt for redcard debit and get the same 5% discount using my debit card. Im still on the fence with Macy's and kohls. I realize though that I can use my discover for 5% on kohls online and I think I Macy's falls in their category spend. I do spend quite a bit at kohls and Macy's, but not sure if I want to deal with another card despite additional savings. Need to mull over this some more....

Re: Macy's or Kohl's or Target....

austinguy907 — Wed, 23 Nov 2016 02:43:51 GMT

Discover deals shows Macy's @ 5% online as well. The only perk to the Macy's card is the shopping passes if you shop there often. They have some other rewards program that escalates as you spend per year almost like a frequent flyer program in 3 tiers if I recall correctly. You can also sign up for the shopping passes w/o getting the card though. There's been some weird stories though about Macy's/DSNB/Citi in how they manage the card and the online portal is a bit of a pain to deal with.

Re: Macy's or Kohl's or Target....

Anonymous — Wed, 23 Nov 2016 03:46:57 GMT

Hello,

I have had the red card debit for 10 months; I finally decided to apply for the credit version it was a personal decision on my part. I am willing to wait it out for a few years in hopes of being upgraded to the MasterCard version. I spend a lot of time in Target, and subtracting my purchases from my checking account by hand was getting old. When you use the RedCard Debit it does not post to your account instantly rather they initiate ACH's that can take a few days to come out of your account. Therefore if you are not careful in subtracting the amount you spend you can go into overdraft with your checking account incurring those fees along with the RedCard Debit card's fees for returned payments. I believe this issue was highly publicized in a court case/settlement recently.

I have the Kohls Card I love it, you can pay it off at the register instantly if you want to spend more than your credit limit; I believe the payment ups your credit limit instantly if you pay in cash I am not sure, though, as I have never paid more than $40-$50 at the register. You will just have to do multiple transactions.

I started out at $300 then pressed the CLI button as soon as my account was 6months old and they upped me to $700..... If you spend more than $600 you get 18 percent off coupons a year along with Birthday rewards..... Kohls is issued by Capital One if that is of interest, I know some people are biased to certain lenders. If you miss a payment they have a penalty APR that they institute.

I am biased however because I am in Kohls weekly...

Have you checked out Von Maur? They are like Nordstrom but smaller their card is interest-free forever; I do not see myself getting rid of that card. Being able to get things and pay monthly without interest is awesome. They do free shipping and free gift wrap which keeps me shopping during the Holidays. They also manage their card privately if American based customer service is something you want, I know I have some difficulty understand the Kohls representatives at times.

Re: Macy's or Kohl's or Target....

Anonymous — Wed, 23 Nov 2016 15:23:40 GMT

My 2 cents:

Kohl's-Absoutley! Fav store card. They have tons of sales for cardholders only and even more for "extra" discounts when sales are on for cardholders.

Target: No way. 2 reasons. The starting CL and CLI policy sucks. Big time sucks. Also-Debit does the same thing.

Macy's-Toss up. If you have a Discover card or any other type of accounts like debates.... I'd say no. Personally I like Nordstroms and Dillard's better.

Gl.

Re: Macy's or Kohl's or Target....

Anonymous — Wed, 23 Nov 2016 17:50:47 GMT

Here's my 2 cents. Like you said, get the Target debit. I am at Target...ahem...daily....(it's truly sad the amount I'm there) and loooove my debit. I've saved close to $500 for the year just on that, plus cartwheel. It's my little slice of heaven! I had the Kohl's card for years too, but I eventually closed it. I never got increases and I was never there enough to jusitfy it. I have debated re-apping for it now that I have a kid and he needs clothes, but haven't yet. They do give discounts and deals BUT the thing I don't like about Kohl's is they jack the price up in order to bring it down with the coupons, and ultimately I can never use the coupons on anything I need (like my Nike obsession). Macy's, I rarely shop there so in my world it's a pointless card, but my grandfather has it and LOVES it. He has the Amex version which is nice. I doubt any of what I said was helpful, but let us know what you end up going with!

Re: Macy's or Kohl's or Target....

irunfromcredit — Thu, 24 Nov 2016 14:09:02 GMT

Thanks everyone for your input! I decided not to go forward with any of the cards. I am going to use the Targt debit to get the addtional 5% and I decided to use my Discover to get the additional savings with Macy's and Kohl's. I came to the conclusion that it just wasn't worth it to manage another credit card despite any additional savings I may get being a cardholder. Anyhow, thanks again and Happy Thanksgiving!!!

Re: Macy's or Kohl's or Target....

Anonymous — Thu, 24 Nov 2016 16:29:20 GMT

I only use my Kohl's card two or three times a year but I know I save at least 50 bucks or more doing so. Sure some things are marked up and then you take the 30% off but it ends up being cheaper It's way more than 5% off. The sales at Kohl's are much more often than Macy's or Target, I know it's hard to defend that with the holidays right now

Re: Macy's or Kohl's or Target....

Anonymous — Thu, 24 Nov 2016 16:30:32 GMT

Slickdeals is a good site for when to attack sales

Re: Macy's or Kohl's or Target....

morgacj2004 — Thu, 24 Nov 2016 18:11:10 GMT

I have all 3 and use them regularly. They all have good benefits.

Re: Macy's or Kohl's or Target....

KatT1 — Thu, 24 Nov 2016 18:23:52 GMT

I have a Kohls card as I buy almost all of my clothes there so the extra discounts they give for using the card have saved me a lot of money but that's only true if you do NOT carry a balance ever as the interest is very high. I typically will use my card and then make an internet payment to cover the charge so I never ever have a balance on that card. If you can be discliplined to do that, then it's a good deal, but if you're going to be tempted to carry a balance the interest will cost you move than you've saved.

Re: Macy's or Kohl's or Target....

Themanwhocan — Thu, 24 Nov 2016 18:34:40 GMT

I have the Target credit card since 12/2015. I didn't want to use the Target Debit card for fear that someone could drain my checking or savings account using it.

I've had 3 credit cards compromised in 2016 so far, so I am serious about avoiding debit cards. Target started me at $1000 credit limit, and increased it to $1600 after 4 months with very little use. It would be great if they would upgrade me to the Mastercard version, but I can deal with the store credit card version.