@harperr Thanks. Is there a link where I can see what is offered this month? And can you buy multiples? It may be worth the membership just for this benefit if so.

Great deal, but can anyone tell me how they’ve used it to save money? I used to get free coffee from Dunkin’ but they killed that a couple years ago so now I can’t think of anything I’d use it for honestly.

Weird but interesting game. Definitely worth the price of free.

@benlola Just FYI, the yield is only part of the return. The long-term return annualizes out to about 2.8% as per Vanguard. Of course, it’s variable and so the additional risk factor is the potential loss of premium. Conversely, unlike Toyota you would not lose 100% in any event and I think the lowest drop ever was something like 2%.

Bond investing in a very low interest rate environment is incredibly challenging.

@benlola It’s definitely low. It’s also definitely a low rate.

You could invest in Vanguard Short-Term Bonds (BSV) and get around 3% on average with full diversification.

Perhaps this is a good deal for a very narrow slice of investors: 1) Wants a fixed-rate return, 2) Willing to take a very low interest rate in exchange for 3) Relatively low risk where 4) They are willing to invest in a single company to do so.

I don’t know the liquidity limits, but if there are some that’s something else to give pause. BSV (and similar investments) can be liquidated immediately.

Seems like a lot of risk for low return. I’m still getting 0.5-0.6% on FDIC-backed checking, so an extra point for the default risk seems like a poor deal. But in a low interest rate environment who knows.

It’s a puzzling strategy honestly.

The current arrangement allows pre-sensitive shoppers (us) to get the best deal with a sale Kohl’s wouldn’t otherwise get vs most (unsavvy) shoppers getting occasional deals.

I only buy when I can stack but as a retail exec I’m highly confident I’m still a profitable Kohl’s shopper when I do convert. Unlike now, when I’m unlikely to shop there at all.

If I had to guess, I’d say this will be unwound well before Christmas.

I’m leaving this up to reiterate that free religious items are not permitted on the site. They just tend to spam it up.

Please refrain from doing so in the future. I’ve deleted your other free religious posts. Thanks for trying to contribute but them’s the rules.

16 hours and no one has come up with a pithy comment?? I’m disappointed.