16.67% off at Target

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.

About Greg The Frequent Miler

Greg is the owner, founder, and primary author of the Frequent Miler. He earns millions of points and miles each year, mostly without flying, and dedicates this blog to teaching others how to do the same.

More articles by Greg The Frequent Miler »

Leave a Reply

31 Comments on "16.67% off at Target"

avatar
  Subscribe  
Notify of
romsdeals
Guest

You are right! It was very late last night. Math is not my best subject despite being an accountant. 🙁

Piecerate
Guest

What are the chances this can scale up? I guess I’ll find out.

Grant
Guest

I was only allowed to print 2 coupons using IE (chrome wouldn’t print even after installing program).

romsdeals
Guest

@Frequent Miler – No problem, I love criticism and feedback!
@Grant – You’ll have to dig around to find a PDF version somewhere on the internet… 🙂

Marc
Guest

Fatwallet.com has PDF copies

Curtis
Guest

Print didn’t work both times for me. Thanks IE! If anyone finds a PDF version (if they aren’t unique), please post link! Thank you!

Curtis
Guest

Ah, thanks Marc!

John
Guest

Are you sure you can use it for purchase of gift cards? Right on the coupon it says “GiftCards and tax will not be included in determining purchase total.”

FrequentMiler
Guest

John: According to the FatWallet crowd, the verbage about GiftCards is specific to Target gift cards. Gift cards from other merchants should work as long as you can get the cashier to scan the coupon.

Curtis
Guest
Chimmy
Guest

Use your Target RedCard for an additional 5% off. RedCard savings are instant. I purchased a lot of Starbucks gift cards last week during this deal. The key is to roll the first $10 earned into future purchases. Paid $199.90 for $250 worth of Starbucks and one $10 Target GC left over. It’s so tempting to spend more this week, but I can’t. Doesn’t work on Visa/AmEx GCs.

TravelBloggerBuzz
Guest

Never trust an accountant with numbers:-)

MileageUpdate
Guest

Accountants and Lawyers… there is a joke in there.

TonyL
Guest

Spent 10 minutes in Target with the coupon, couldn’t find a GC I like, the best is GroupOn GC, but Discover always give 15% for GroupOn purchase, getting 16% off in the form of Target GC is just too much hassle, not worth to me.

Nick @ PFDigest
Guest

I know I’m splitting hairs here, but I think the 20% claim is defensible. After the second trip, you’ve spent $90 out of pocket for $100 worth of stuff (and you’re still holding on to the $10 GC), so that puts you at 10% off. After the fifth trip, you’ve spent $210 OOP for $250, and now you’re at 16% off. After the 20th trip, you’re at $810 OOP for $1,000, which is 19% off. Stated more formally: “The limit of the GC as x approaches infinity = 20%”

Yes, I’ve spent too much time thinking about this.

Joe
Guest

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.

Nick @ PFDigest
Guest

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

PhatMiles
Guest

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.

trackback

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

Tso
Guest

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

trackback

[…] 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 […]

gottoloveInk
Guest

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.

Singapore Flyer
Guest

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.

FrequentMiler
Guest

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.

FrequentMiler
Guest

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.
.
Singapore Flyer: Exactly.

Vicente
Guest

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.

Sam_Goh
Guest

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.

FrequentMiler
Guest

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

Sam_Goh
Guest

@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
Guest

Sam_Goh: Sounds great! Have fun!