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Update 2: This deal is now live.
Update: This offer will be available both in-store and online on Sunday. It was originally rumored that it would only be online, but Target has released official confirmation indicating that it will be in-store as well. H/T: Doctor of Credit
Target will be offering its annual sale good for 10% off on Target gift cards this Sunday, December 2, 2018, but this time the word on the street is that it will only be available online. That should more effectively limit people to the $300 in gift cards per household cap ($270 after discount).
Pay with a Target REDCard to save an additional 5% REDcard apparently does not get a discount on gift card purchases (Thanks Mark).
- Target will be offering 10% off on up to $300 in Target Gift Cards
- Direct link to purchase gift cards (our affiliate link – note the discount will only be live 12/2/18)
- Limit one order per household good for 10% off on up to $300 in gift cards
- Gift cards can not be redeemed until 10am on 12/3/18
- Excludes reloads
- Excludes Target Visa Gift Cards, Target Mastercard Gift Cards, other Visa Gift Cards, etc — only includes Target store gift cards
Last year, this was valid both in-store and online. The limit was supposed to be $300 in Target gift cards per customer, but enforcement was up to the cashier in stores. Some cashiers allowed multiple transactions and many people made the rounds to multiple stores stocking up. There were subsequent reports of some gift cards being zeroed out by Target, though that did not happen to everyone. This year, it appears that Target intends to control the sale a bit more tightly by only offering it online.
I’m happy to see that the sale is coming back this weekend as it should be a good opportunity for those who scored a coupon on Black Friday to leverage additional savings. If you purchased $50 or more in-store on Black Friday or simply scanned the Target Wallet app in-store and spent at least $0.01, you should have gotten a coupon good for 20% off from 11/27-12/8/18. You can of course apply that coupon and then pay with gift cards, so this sale enables you to stack some additional savings. If you shop regularly at Target, that combo should offer some nice savings.
Keep in mind that the gift cards purchased on 12/2 will not be redeemable until the next day — at 10am on 12/3.