Target Removes 5% REDcard Discount on Gift Cards

[Update: It seems to be back now.]

The news broke last week that Target.com is no longer gives the 5% REDcard discount on third-party gift card purchases.

Target.com sells gift cards to some popular merchants, including eBay, Disney, iTunes and more. A 5% discount isn’t huge, but it was a straightforward way to get gift cards at a 5% discount, a decent deal for eBay in particular. And some people had creative ways of making this deal even better.

As of last week Sunday (4/24), the REDcard 5% discount doesn’t work on gift cards purchases at target.com. In-store it hasn’t worked for some time already.

It’s still possible to buy third-party gift cards with Target gift cards so if you have a Target gift card to use up, you can purchase eBay or any other third-party gift card from Target or target.com. Visa gift cards can not be purchased with a Target gift card.

Another one bites the dust. We’ll update the post Seven Ways to Purchase eBay Gift Cards at a Discount to reflect this change.

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