The Offer
- Purchase Target gift cards at a 10% discount on Sunday, December 20th, in Target stores or online at target.com.
A maximum purchase amount of $300 can get this discount. For online purchases, it’s likely they’ll enforce the $300 limit. The official terms probably mean to limit us to $300 combined from in-store and online purchases, but this point is a little vague and some may be comfortable doing $300 in-store and another $300 online.
The language of the offer sounds like the online offer may only be for e-gift cards or mobile gift cards, not physical cards. In-store the offer will be for physical cards.
The gift cards will not be able to be used on December 20th – they’ll become active for shopping on the 21st.
The Fine Print
- Minimum $10 gift card qualifies for the discount
- Max $300 per household
- Valid December 20th only; in-store from opening until closing and online from midnight until midnight PST
- Quantities are limited and no rainchecks will be offered
- Online there is a limit of one transaction; no splitting up the $300 into multiple transactions
Our Verdict
Not an amazing deal here due to the limits, but 10% is 10% and I love the fact that they let us do this deal online.
This offer was circulating for a few days, but I couldn’t find a direct link to the offer until now. Last year, this offer was available on Black Friday; this year they’re promoting it as a holiday gifting offer.
Pay with your ATT card for 3x rewards or with the credit card of your choice. You can resell these currently for 90.5%, a small profit of .5% plus the points. Personally, I’ll just use them for Target shopping.
HT: allthingstarget
How long did it take for the target e card to get to your email?
Less than 1 hour.
Has anyone ever used Cardbucks for selling GC? Seems like they have the best rate for Target eGC, but i’ve never used them before. Are they trustworthy?
Haven’t used them, but according to their FAQ they only pay by check, only after contacting customer service, and charge $2.50 per payout. That alone leads me to believe it’s not the type of company I want to do business with.
Yes they are! They did take a month to pay me (they had a problem with their check issuer) but over all them, save ya, gift card mart are good to resell!
They also can pay out via ACH e-check payment, according to their FAQ
Somewhat bizzarely, online you can purchase gift cards with gift cards. So if you have Target gift cards for whatever reason, you can recycle them in this promo.
good call for those wishing to drain existing GCs and do NOT need to redeem GCs today since recycled GC not activated til Monday
Did any of you know that Target trades for 3rd party gc? I just found out from the below passage from some letter I found online. I wonder what kind of value they give.
“Got a gift card you don’t want? We’ll trade you for a Target GiftCard.
Just bring your unwanted or unused third-party gift card to the Mobile kiosk in our stores and exchange it for a Target GiftCard. There are hundreds of card types eligible for exchange; based on the gift card you bring to trade, we’ll make you an offer on a new Target GiftCard that you can accept or decline. The new program is now available all year long in stores.”
Source: https://corporate.target.com/article/2015/12/wrap-it-up-sale
AWESOME info! Thanks for sharing, Eric! 🙂
can I buy two $300 by using different account online?
If you have multiple addresses, then probably yes.
Does anyone know if I can use a Target gc to buy a Target eGC online for this deal?
I’m also wondering this. I’d get target GC on Gyft for 5x UR, then use it to buy these 10% off cards and resell. Possible?
Yes, it does. Did it quite a few times this a.m.
Since when does TCB not give CB on Gyft? Since I don’t have an ink card I had no advantage to buy from Gyft first and just used my credit card on Target.com.
Gyft Points
I only started noticing this today as well. Gyft has been removed from all cashback sites! What a bummer
You can also use Target GCs to buy Ebay GCs. Further if you use your Redcard, then Ebay GCs will be further discounted by 5%. So, it is a nice 15% total on the Ebay GCs.
So….you are going thru the first time and buying the 10% off Target GC, then you go back thru again and what?—split transaction to buy Ebay GC by using the new target GC for partial pmt and your redcard for the rest? Can you clarify?
Basically, you can apply the 5% Redcard discount to any online purchase, regardless of whether it is paid with Redcard or GC. So buy the Target GC, then buy slightly more than that amount in eBay GC and you get the 15%.
Can you buy other GC at Target using a Target GC?
Yes — I have done this. They accept Target GC for other GC.
Nice find. I was bummed they didn’t offer it this Black Friday, but better late than never.
I was pretty happy with the 20% off coupon. My discount using that was $88
Did that work on gift cards?
Does Sallie Mae count Target as 5%?
Good question. It may take a little detective work as Visas sometimes consider Target either a grocery or dept. store. So YMMV. The $250 Grocery limit never made me consider using Sallie @ Target.
SM is a MasterCard. Several months ago I made a small purchase with my SM at Target and it did count as grocery for what it’s worth.
It depends on the specific Target and how it is coded with Mastercard. Usually if they have a fresh grocery section they do. And that’s a lot of them. Made a SM target purchase about a week ago and it coded as grocery.
What about Citi Dividend or Discover, do their 5% cash back at department stores count with Target as well?
Earlier this morning I chatted with Discover and found out that Target does NOT count as a department store.
Back when we could do credit card RB loads I found the visa supplier website to accurately reflect merchant coding was the same for MC on Targets I tested. Miss my 5% cash back RB loads….$12.50 wasn’t much but hey … free money 🙂
So that makes this deal about $257.30 with SM… Not bad….
SM?
SM= Sallie Mae