Discounted Target Gift Cards One Day Only
For one day only, Target will be offering up to $300 worth of gift cards at 10% off. On the surface this doesn’t seem like a huge deal since we see discounted gift cards all of the time, but in reality it is a very good deal. Let’s look at the full details and how you can possibly use these cards to score some killer savings.
On December 20, save 10% off of Target gift cards purchased in-store or online at Target.com.
- The discount is limited to the first $300 worth of Target GiftCard purchases per household.
- The minimum GiftCard value eligible for the discount is $10.
- If you’re planning on making GiftCard purchases on Target.com, you’ll be limited to one transaction of eGiftCards or mobile GiftCards per household.
- Quantities are limited, and rainchecks won’t be offered.
- The deal is available in Target stores Dec. 20 from opening to closing time, and at Target.com from midnight PST Dec. 20 to 11:59 PST Dec. 20.
- You can begin redeeming your GiftCards purchased during the sale on Monday, Dec. 21.
You can find the full terms here.
Ways to Use Discounted Target Gift Cards
The title promises three reasons why you will want to purchase these cards. While all may not apply to you, I guarantee one of them probably will.
Manufacture Spend via Gift Card Reselling
Right now several gift card resellers will purchase Target gift cards at 90% from you. This means you could manufacture spend for free by purchasing and reselling these cards. I fully expect the 90% rate to drop on these cards on some sites, however it will bounce back up since Target cards are rarely discounted and there is always a huge demand. As always, do what you are comfortable with. You can find some more information on gift card reselling here.
Maximize Your Savings on Everyday Purchases
Remember that Target has a very good price matching policy, meaning you can save 10% off of the lowest prices across a number of stores. Target will price match Walmart, Amazon, Kmart and a ton of other retailers and price matches go fairly smoothly. Also remember Target runs a number of other discounts like:
- Registry discounts
- Cartwheel (In-store only)
- REDcard (Amex, Debit or Credit)
I don’t want to spell it all out for you, but I’ll mention a few things to get the gears running. REDcard works in combination with gift cards online for a 5% discount as long as a small portion is put on the REDcard. In-store you only get the discount for the portion you pay with REDcard. Also, generally Cartwheel has great in-store offers and the registry coupons are AMAZING!
Many of the above discounts will also work to help resell merchandise. If you are a reseller, then starting 10% ahead and combining a number of discounts makes it much easier to earn a profit! Target has been great this year with sales and their prices have been competitive on a number of products. Sometimes the price ends up being so low, that I am shocked!
Here are a few more things to think about when determining how you will participate in this deal.
As is stated in the terms, there is a household limit of $300 in gift cards. I don’t know how they would enforce that if you purchased $300 online and then went to a store for another $300. Or what if you brought some family to buy some or perhaps purchased some in the electronics department and then some more in the front of the store? I’m not sure how they would be able to tell.
Coded As A Grocery Store
Keep in mind that many Target stores are coded as a grocery store by Visa. If you have a Visa that earns a grocery category bonus, then you can check to see if your local Target is coded that way. This only works for Visa and not other types of cards.
On the surface 10% off gift cards doesn’t seem that good, but with Target it really is. Starting 10% ahead and then price matching and utilizing all of their other discount mechanisms can lead to a huge savings on everyday purchases or items to resell. If you are just looking for some “free” spend, then this might be a good deal for you as well. Happy shopping!