My favorite Black Friday deal: Money making offer with Kohl’s small kitchen appliances

Kohl’s just launched their Black Friday sales and amongst many of their many saving deals, you can purchase a ton of small kitchen appliances at a huge discount. After applying the shopping portal cash back, Toastmaster rebate and Kohl’s cash you’ll receive, you will actually be MAKING MONEY. This is actually a similar deal that they have run the past few years. In the past, I personally have purchased 60+ items in total and donated them to an organization that helps those previously in homeless shelters get back on their feet with their own home.

Use a Kohl’s coupon code

There are 11 different Toastmaster small appliances available on sale for $19.99. With coupon codes GOSHOP15 and GET! you’ll receive both 15% and 10% off your purchase, bringing the product cost down to $15.29.

There is then a rebate for all of these items offering $12 back in the form of a Visa gift card. (You can purchase up to 5 items per product) so a total of 55 small appliances if you go all in). That means you are looking at paying just $3.29 per items (plus tax). While this is not free on the surface (although it’s still very inexpensive), you can actually come out ahead. Keep on reading!

You can check out all the items at Kohl’s site, but wait… you’ll want to make sure to go through a shopping portal first.

Use an online shopping portal

There are currently some decent cash back opportunities, so you’ll have to pick whether you prefer cash or loyalty points. Currently, Swagbucks is offering the highest cash back at 10% cash back on all Kohl’s purchases.

With the 10% cash back from Swagbucks on the price paid prior to the rebate (which is $15.29), you’ll get back $1.53 back per item, bringing the total price down to $1.76 per item (after the $12 rebate).

If you are new to Rakuten though, you might be better off getting less cash back due to the $40 new member bonus.

Or, you can always go through an airline or credit card program. Check evreward to see some of the payouts for Kohls.

Use the best credit card

Let’s assume you are using a 2% cash back card, you’ll also earn the cash back on the $15.29 price paid. This will give you an extra $0.30 back her item. This will then bring your total price down to $1.46 per appliance.

Earn Kohl’s Cash

Now, if you go all in and purchase multiple items, you can get $15 in Kohl’s Cash for every $50 you spend. I personally find Kohl’s Cash incredibly easy to use and it is truly “free money” to use at Kohl’s on your next shopping trip. Kohl’s Cash earned for this purchase can be used between Nov. 25 and Dec. 3, 2023.

On top of the $15 in Kohl’s cash, you’ll also earn 5% in Kohl’s Rewards by signing up to be a Kohl’s Rewards member. Balances are converted and issued in $5 increments on the first day of the following month and are valid for 30 days. 

With both Kohl’s cash back Kohl’s Rewards, there are limited brand exclusions (everything but Sephora) and you can combine them today in a single purchase.

The math on going all in

Here is the math if you purchase 10 items as an example. Of course this can be scaled, but remember the math works best when you purchase as close to $50 increments.

• Purchase price: 10 x ($19.99 – 15% – 10%) = $152.90 total price paid
• Swagbucks cash back = $15.29
• Credit card cash back (assuming 2% cash back card) = $3.05
• Visa gift card after rebate = $120 ($12 rebate for each appliance purchased)
• Kohl’s cash = $45 ($15 for every $50 spent)
• Kohl’s Rewards = $15 ($5 per $50 spent)

This means your cash outlay after all your cash back is $134.56. You’ll then receive $120 in Visa gift cards and $60 in Kohl’s money. If you consider both as “cash” you are then ahead by $39.32! (Although this doesn’t take into consideration the tax paid based on your state, or the stamp to send in your rebate.

You can then go ahead and keep the items, donate the items or resell the items. Similar to the past few years, I will personally be donating the items. I found it extremely easy to find worthy organizations to donate and spread the holiday cheer.

Overall…

If you are going to take part in this deal, act soon as many items will start selling out. Ultimately, this is a great way to get some “free” items, meet credit card minimum spend, make money or do some good by donating items to those is need.

Per the rebate terms, all items must be purchased by Nov. 24, 2023. Just remember, shopping portal bonus payouts could change tomorrow (for the better or worse).

What is your strategy?

Disclosure: This post contains affiliate links. As always, thank you for supporting the blog and enjoy traveling on a deal.