Deal has expired, view more Target deals by clicking here.
[12/2/18: Reposting again as a final reminder. A lot of us have a Target coupon for 20% off to use up now too, so this gift card deal stacks well. I don’t think any portal pays out on Target gift cards.]
[11/29/18: Official press release is out and shows the offer available in-store as well. Updated post below and added direct links.]
The Offer
Direct Link to offer | Shop gift cards at Target.com (affiliate links)
- Target will be offering their annual 10% discount on Target gift cards this Sunday, December 2.
- Offer is available in-store and online.
The Fine Print
- Target gift card redeemable 12/3/2018 at 10:00 AM Central (can’t be used right away)
- Offer valid for up to $300 in Target gift card purchases ($30 maximum discount) per household.
- No coupon code needed, discount automatically applied at checkout.
- Minimum gift card purchase is $10.
- Limit one transaction up to $300 in Target gift cards on Target.com.
- Offer does not include Target VISA gift cards, Target MaterCard gift cards & American Express gift cards and gift cards issued by other retailers such as dining lifestyle and entertaining gift cards.
- Offer excludes reloads of previously purchased Target gift cards.
Our Verdict
Officially, it’s supposed to be just $300 per person. Some people like hitting this hard in Target stores by doing $300 per transactions if the cashier lets. Last year, Targetwent actually deactivated gift cards from some ultra heavy hitters, we wrote more details in the linked post.
Back in 2016, they did a similar thing to people who ‘rolled’ their Target gift cards, so I’d recommend against doing that (if that’s even still possible).
Target gift card purchases do not earn 5% off with REDcard, so you’ll want to pay with a different everyday credit card. Note: some Targets code as Grocery with Visa/MC.
Depending on your reselling connections, you might be able to find a buyer for Target gift cards at 90%+ making it an easy way to earn some free credit card rewards and maybe a small profit to boot. (It used to be possible to convert the Target gift cards to other gift cards, but that’s no longer an option.)
Wanted to add some tips and a data point for next year. I flipped 20 x $300 cards successfully. Some of these cards are on year 2 most are on year 3. ($30 off year one, year two, now year three). So the out of pocket is at $210 on some. We don’t resale them, just do most of our shopping at Target and appreciate the rolling extra discount.
The self checkout people were much more keen to watch who was flipping cards. Some stores were very strict, others didn’t seem to care. The day was mostly over before I realized I could just load last years gift cards into the Target app and it produces the barcode to pay. Since that barcode can load any payment method, including a Target Visa card, they can’t say anything. It is MUCH easier to go that route, if it still exists next year. And then you can goto self checkout or to a regular clerk to pay.
You can stake with the Paypal $10 bonus for $100+ offer.
Already tried buying a Target GC with a Target GC and it didn’t work. Just as well – wide reports in the past of clawbacks and funds being held up for days.
It worked for me at a local Target this morning. Tried to use the new one, but the balance was not loaded. Receipt says “Cannot be redeemed until 12/3”
Buying Target GC with a Target GC never works online anymore, but should work in-store unless a cashier refuses to run it during this promotion or something like that.
In-store ones can be clawed back too. Highly discourage this practice to save what you initially have.
A word of caution, but I find Target to have terrible security on their GCs. I had a e-GC drained basically on activation once. Trying to talk to Target and they told me to file a police report with town where the fraudster drained the card, along with ‘not their problem’. Eventually got it sorted after ~a year, multiple emails, calls, and one helpful person in corporate.
Monitor cards accordingly.
I went to 3 different stores today.
First one went fine. Second one, at a different store, with the same credit card went through too.
Third store, with the same credit card, got rejected. So I used a different card, and it went through.
If you buy the gift card today you can’t use it today. It’s valid the 3rd, not today.
Can we resell the email and mobile versions as well?
Does the Amex Gold card code as 4x for Target ?
Do not think so, as it is not count as US supermarket category. https://www.americanexpress.com/us/rewards-info/retail.html
I don’t think Amex ever codes Target as grocery.
For those who are interested, one “might” get a extra 9% up to $6 via using portal couponcabin. The offer is considered a “exclusive” and “exclusive” click activation can only be done once every 30 days on couponcabin site. I didnt see any giftcard exclusion in the fine print, so ymmv. Probably a hit or miss, but something is better than nothing.
Don’t see it on my login, unfortunately.
Saw it on the website and has limited quantities. Will be great if it works. thanks.
I often use my Redcard to purchase at Target online as there is NO $25 shipping minimum?
If I am paying with a Target gift card but have my Redcard linked, do I still have:
(a) NO $25 shipping minimum OR
(b) do I have to purchase $25 of products in order to get free shipping?
Thank you!!!
Any account with a Redcard linked, regardless of current method of payment, gets free shipping on all orders.
Awesome, that is good to hear!