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Unlocking Savings: Target Offers $40 Off $40 with New RedCard

For avid shoppers and bargain hunters, Target is providing a golden opportunity to save big on their next shopping spree. Until August 27, 2022, Target is offering a $40 discount on a purchase of $40 or more when you open a new Target RedCard. This enticing deal is up for grabs, and it’s not only a chance to save but also an opportunity to explore the perks of Target’s RedCard, especially if you’re inclined toward the debit card option.

Here’s everything you need to know about this fantastic offer:

The Deal

  • Target is extending a generous offer that allows you to enjoy a $40 to $80 discount on a purchase of $50 or more. To qualify, all you need to do is open a new Target REDcard between August 7, 2022, and August 27, 2022.
  • The best part? You can avail of this offer whether you opt for the debit or credit card. However, experts recommend going for the debit card option, which comes with no fees or hard pull. This makes it a hassle-free way to enjoy savings of $40 or more, a perfect win for Target enthusiasts.

Key Terms

  • Once you’re approved for a debit or credit RedCard at Target.com or in-store between August 7, 2022, and August 27, 2022, you’ll receive a coupon for $40 off a qualifying purchase over $40. This coupon will be mailed to approved cardholders along with their RedCard and will remain valid until September 17, 2022.
  • As with any offer, there are some exclusions to be aware of. The discount cannot be applied to alcohol, Apple products, select toys (such as Barbie Dreamhouse and LEGO), electronics (like Nintendo hardware and Sony Electronics), gift cards, mobile contracts, prepaid cards, and much more. So, it’s crucial to check the exclusions list to make the most of the deal.

Quick Thoughts

While there are several exclusions listed, most regular Target shoppers will find the $40 off $40 to be an exciting bonus. While it may not result in significant savings, the beauty of this deal lies in its churnable nature. In other words, you can take advantage of this offer multiple times by reopening the card every 90 days, ensuring a consistent stream of savings.

For those who frequent Target, the deal becomes even more appealing. The debit card option provides a 5% discount for in-store and online purchases, which can add up to significant savings over time. As for choosing between the credit card and debit card, the latter is often the preferred choice, as there are numerous credit cards on the market with more attractive offers than a mere $40 coupon.

In conclusion, Target’s $40 off $40 offer, coupled with the benefits of the RedCard, is a tempting proposition for shoppers. It’s a simple way to save money on your next shopping trip, and the churnable nature of the deal makes it all the more enticing. So, if you’re a frequent visitor to Target or just looking to score some savings, don’t miss out on this opportunity before August 27, 2022. Happy shopping!

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