Kelly Bryant | 

Michaels 40% Off Coupon Explained

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If you're a long-time Michaels shopper, you're well aware of the disappearing Michaels 40% off coupon. It's something we used to take for granted because it was just always there.

For those newer to the game, let us explain. Not so long ago you could find a 40% off coupon for any regular-priced item at Michaels any day of the week. It was the holy grail of Michaels coupons. Then one day, poof! It was replaced with less enticing (but still necessary) 20% off all regular price purchases coupons.

Needless to say, this was a tough pill to swallow. Because despite a better Michaels Rewards program and a teacher discount, that Michaels 40% off coupon just felt good. Like it was really making a meaningful impact on your receipt.

Let's dive into this elusive coupon and whether or not it will make a regular comeback (fingers crossed). But first text HACKS to 57299 for more smart shopping tips and download The Krazy Coupon Lady app to have the latest deals at your fingertips.

Does Michaels still have 40% off coupons?

Mercifully, yes, they do! We are beginning to see a Michaels 40% off coupon renaissance. In fact, there was 40% off coupon sighting in email form from Feb. 23 - 26, 2024. It went out to all Rewards members. Then there was a 40% off regular price purchases coupon on the Michaels homepage in early March 2024. Things are looking up.

Michaels’ 40% off coupon makes an occasional appearance in physical mailers, too.

Every so often Michaels mailers come with a coupon for 40% off any one regular-price item. And twice in 2023 we saw the 40% off regular price item coupon available in Michaels' weekly ad (Aug. 2023 and Sept. 2023). It gives us hope that they'll be back more regularly.

Reach out to Michaels Customer Care to make sure you’re on the list for snail mail.

Can you stack coupons at Michaels?


Not really. Here's the deal: You’ll only be able to use one coupon (like a 20% off coupon) per item, but go ahead and use a Michaels Rewards Voucher, too.

Michaels will take off your coupon amount first to all applicable items, and then apply the Rewards Voucher to your purchase.

Sometimes there are specific coupons, like “40% off Washi Tape”. You can use that and a 20% off coupon in one transaction.

A person holding washi tape, a paper coupon, and an iphone with a second coupon next to a cart filled with products at Michaels.

If you see one of these, you’ll need to buy at least one regular-priced item in your transaction with the Washi Tape so that the 20% off coupon has somewhere to go. Your 40% off coupon will apply to the Washi Tape, and the 20% off coupon will apply to all other regular-priced items in your purchase.

You can use a 40% off one regular price item coupon and an “entire purchase” coupon in one transaction on multiple items, they just won't "stack".

Michaels coupon policy specifically states: Limit one coupon per product. Limit one coupon of each type per day. This means you would get 40% off one regular price item, then the percentage off of the entire purchase coupon on the rest of your regular priced items.

What is excluded from Michaels 40% off coupons?


If you're going to use that 40% off Michaels coupon it's important to know which exclusions apply. Some of the biggest exclusions include (but are not limited to):

  • Clearance items

  • Custom framing

  • Cricut products

  • Candy and beverages

Note that the same exclusions apply to all of Michaels coupons, including the 20% off coupon we'll get into below.

Can you use a 40% off coupon on Cricut at Michaels?

No, you cannot use any Michaels coupons on Cricut items — machines or otherwise.

You can always find a “20% off All Regular Price Purchases” Michaels coupon.


There are three things in life you can be certain of — death, taxes, and a Michaels coupon good for 20% off all regular price purchases. This means whatever is in your cart that is regular price will get 20% knocked off. It is not 20% off a single regular price item (unless specifically noted on the coupon).

We're going to say this once — do not enter Michaels without a way to access at least a 20% off coupon. It would be like the olden day equivalent of walking into a Bed Bath & Beyond without their standard 20% off coupon. Just don't do it.

There are multiple places to find the Michaels 20% off coupon promo code, including on the banner of their homepage.

On the Michaels homepage the promo code (which does change regularly) is typically readily available in a banner at the top of the screen. Or you can head to the Michaels promotions page to print out a copy. However, you can also find Michaels coupons in their store app or sign up to receive them by direct mail, email, or via SMS texts.

But, wait, if you sign up for Michaels emails, they'll send you a 25% off regular price purchases coupon.

Hey, hey, you know what's better than 20% off? That's right, 25% off. And you can get that 25% off regular price purchases coupon by signing up to receive promotional emails from Michaels. You'll see a pop-up within seconds of heading to with this email signup offer. This coupon has the same exclusions as any other Michaels coupon.

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