Money Making Offer with Kohl’s Kitchen Appliances: Donate, Keep or Resell

Screen Shot 2019-11-28 at 7.55.38 AM
This post may contain affiliate links from our advertising partners, such as American Express. Read my Advertiser Disclosure policy here. Additionally, some of the offers on this page may no longer be available through Deals We Like.

As part of Kohl’s Black Friday sale, you can purchase a ton of kitchen appliances at a huge discount. After applying the shopping portal cash back, rebate and Kohl’s cash you’ll receive, you will actually be MAKING MONEY.

best kohl's black friday deal will allow you to make money on buying kitchen appliances
One of the best Kohl’s Black Friday deals is purchasing kitchen appliances.

There are 10 different Toastmaster appliances available on sale for $18.99. With the 15% off code (GIVETHANKS), that comes down to $16.14. There is then a rebate for all of these items offering $14 back in the form of a Visa gift card. (You purchase up to 5 items per product). That means you are looking at paying just $2.14 per items (plus tax). While this is not free on the surface (although pretty close), you can actually come out ahead.

You can check out all the items at Kohl’s site, but make sure to go through Rakuten first!

The online shopping portal Rakuten (formerly known as Ebates) is offering 6% cash back on all Kohl’s purchase. You’ll get the 6% cash back on the price paid prior to the rebate, which comes out to $0.96 per item, bringing your total price down to $1.18.

Let’s assume you are using a 2% cash back card, you’ll also earn the cash back on the $16.14 price paid, which will give you an extra $0.32 back per item. Now, bringing your total price down to $0.86 per appliance.

But, if you go all in and purchase multiple items, you can get $15 in Kohl’s cash for every $50 you spend. I find Kohl’s cash incredible easy to use and it truly is “free money” to use at Kohl’s on your next shopping trip.

The math on going all in

Here is the math if you purchase all 50 items. Just keep in mind that items are selling out quickly.

  • Purchase price: 50 x ($18.99 – 15%) = $807 total price paid
  • Rakuten cash back = -$48.42
  • Credit card cash back (assuming 2% cash back card) = -$16.14
  • Visa gift card after rebate = -$700
  • Kohl’s cash = -$204

This means your cash outlay after all your cash back is $742.44. You’ll then receive $700 in Visa gift cards and $204 in Kohl’s cash. If you consider both as “cash” you are then ahead by $161! (Although this doesn’t take into consideration the tax paid based on your state).

You can then go ahead and keep the items, donate the items or resell the items. I personally will be donating the items as I have in the past. I personally didn’t buy 50 total, but this is what my cart looked like after purchasing 22 items. I paid a total of $377.30, but will get about $20 back from Rakuten, $7.50 back from my credit card, $308 in Visa gift cards and $105 in Kohl rewards. I personally consider Kohl’s cash to be the same as cash as I do purchase my kids clothes from there quite often. This means I am personally ahead by $63 and I have many items to donate to spread the holiday cheer.


If you are going to take part in this deal, act soon as many items are 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.

What is your strategy?


SoFi Money is offering a $50 cash bonus for signing up for a new account and depositing $100. You’ll also receive an additional $50 bonus for every friend or family member you refer, up to $10,000. SoFi Money Review.

SoFi Money offers $50 bonus, no fees and 1.6% APY

SoFi Money Benefits: 

  • Earn 1.6% APY
  • No account fees
  • ATM fees reimbursed worldwide
  • 20% back on Lyft rides
The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.

Leave a Reply

2 Comment threads
0 Thread replies
Most reacted comment
Hottest comment thread
2 Comment authors
Amoldebit Recent comment authors

This site uses Akismet to reduce spam. Learn how your comment data is processed.

newest oldest most voted
Notify of

Nice. Kohl’s should have just donated them itself considering all the money except credit card cashback is coming from their pocket.


Good stuff. Btw, Chase Freedom is 5x at Kohl’s this quarter (Department Store — it’s on the list).

deals we like logo



Pin It on Pinterest