16.67% off at Target

31

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imageThrough Saturday, use this coupon to get a $10 gift card when you spend $50 in-store at Target.  That means you can get $60 worth of stuff for $50.  That amounts to a 16.67% discount. 

Yes, you can buy merchant gift cards, but not Target gift cards.  Some people have reported success with buying Visa gift cards.  You can use Target gift cards to pay for your purchase.

RomsDeals has the details (but arguably the wrong math) here.

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FrequentMiler

Sam_Goh: Sounds great! Have fun!

Sam_Goh

@FM – At the Hyatt Cypress Grand Resort after a 1,000 mile journey from Cinci. The TV says my name…. Diamond upgrade to a suite, few nice amenities.

Now if I can find some other asian dude my kids might call daddy, I could send them and wife and go hit up the real Ooooooorlando!

Ok so I had a bit too much of the free champaign at checkin.

FrequentMiler

Sam_Goh: Great! I guess you’re planning a big Disney vacation?

Sam_Goh

Don’t forget the multiple dip if you can. This promo is in it’s second week. Last week, Kroger had 4X Fuel Points so you could go buy target gift cards with a 5X credit card (e.g. Amex Blue Preferred). Then go to Target and roll GC’s.

We found the electronics section a good place to go roll gc’s as they seem to be pretty lenient.

Went and bought $2K worth of Target GC’s.
4X Fuelpoints – 4 trips of $50 – $70 off gas
$100 Cashback from Amex
$2500 worth of Disney Gift Cards
This is without the extra savings from the $8/80 and $5/50 coupons that the register printed now and then. Going to end up making $8-900 on a $2k spend.

Vicente

Was in-store, got a coupon printed at register for $8 off $80 or more. I don’t see anything on either coupon excluding combining them. Coupled with 5% off for RedCard (debit) this is a good deal.

FrequentMiler

gottoloveink: I was awake. Spend $50, get $60 worth of stuff. That’s a 16.67% discount. As Singapore Flyer says, you can approach 20% by reinvesting the $10 each time into the same deal.
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Singapore Flyer: Exactly.

FrequentMiler

Tso: assuming you later use the $10 gift card for $10 worth of Target stuff, you will then have paid a total of $50 for $60 worth of stuff. That’s a 16.67% discount. If you consider Target gift cards to be as good as cash, then yes you can count it as a 20% discount.

Singapore Flyer

It isn’t 20% because that $10 GC still needs to be used on on a purchase. So you are buying $60 worth for $50. As a few mentioned above, it does get close to 20% if you keep on going back to Target over and over again.

gottoloveInk

This is definitely a 20% savings…remember you are spending only $50 to get $10 and not spending $60 out of pocket…FM was not awake….Depite this, thanks for letting us know…made $40 so far….not a lot of gift card choices but hey, anyone can eat at Olive Garden, Red lobster or Red Robins…Too bad there were no gas cards at my target.

[…] as cash, then you are spending $80 for $100 in gift cards! That’s 20% off, how about that Frequent Miler? Free $10 Target Gift Card for $50 […]

Tso

How is spend $50, get back $10 not 20%? am I misunderstanding the promotion?

[…] of the hat to Frequent Miler for the tip off. Share this: Uncategorized target […]

PhatMiles

This is awesome. Last time when target ran this offer, I made a huge deal. Follow the discussion on the internet and you should be able to pull some information.

Nick @ PFDigest

Joe, I think that’s why FM started *this* blog. I know I started mine for therapeutic reasons. 🙂

Joe

Nick, I think FM should create another website. Perhaps a support group for people like you and me who think about this stuff way way too much.