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Target informs customers in advance of their annual 10% discount gift cards



Every year for several years at the beginning of December, Target has made the unprecedented among general merchandise retailers: Discount 10% of its store gift cards. Walmart, Kmart and Kohl do not do it. It could be argued that some would say that Walmart, nicknamed the "low price leader", does not have to offer additional savings.

This year, Target informs buyers in advance. Sandwich boards at the entrance of the Nicollet Mall in Minneapolis on Wednesday have made it clear that the sale starts and ends on Sunday, Dec. 2 in stores and on Target.com.

Here are the details: Target gift cards purchased on Sunday can only be redeemed on Mondays starting at 10:00 am local time.

RedCard holders will not receive an additional 5% discount, even though gift cards may be loaded on the RedCard. Consumers can save a little more money by using a premium credit card, such as a Visa or Mastercard, which offers an additional 1-2% refund on all purchases.

The minimum purchase of gift card is $ 10 and the maximum purchase is $ 300. Last year, consumers were able to buy more than the maximum of $ 300 by paying with different cards or cash.

Here's an interesting point from a colleague: Can a customer purchase a $ 300 gift card for $ 270 (after 10% savings), then turn around and buy another gift card, such as an Apple card? App Store and iTunes? A targeted customer service representative was not sure, but if you are considering buying gift cards as a gift, this could be a good way to save you 10% if you are not normally a target customer. I'm still waiting for a definitive answer from Target. Stay tuned.

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