If you open a new Target RedCard by April 16th, you'll get a coupon good for $40 off of $40 or more. It isn't worth doing this deal for the credit card, but it could be a nice deal if you open the debit card and it has no fee or hard pull.
The Deal
- Target is offering $40 off a purchase of $50 or more when you open a new Target REDcard between 4/3/22 and 4/16/22. Note that this applies to both the debit or credit card, but we only recommend doing the debit card deal.
- Direct link to ad
- Direct link to debit application
Key Terms
- Get a coupon for $40 off an over $40 qualifying purchase when you are approved for a debit or credit RedCard in-stores and at Target.com between 4/3/22 and 4/16/22.
- The coupon will be mailed to approved cardholders with their RedCard and will be valid through 5/14/22.
- Excludes alcohol, Apple products, Baby Alive Grow Up Baby, Barbie (Camper, Dreamhouse, Dreamplane, Malibu House and Townhouse), Beats Powerbeats Pro, Beats Solo Pro, Bose, Cards Against Humanity, Casper, The Child action figure, clinic & pharmacy, Cricut, dairy milk, DockATot, Dockers, Disney Frozen Castle, DSLR cameras & lenses, Dyson, Elvie, Facebook Oculus and Portal, face masks (Dolan, Sanctuary & Sugar Fix brands), Fitbit, gift cards, Google, HALO Baby, Hasbro Games (Classic Monopoly, Connect Four, Jenga, Rubik’s Cube, Sorry, Trouble), Hatch Maternity, Hot Wheels Ultimate Garage, HP Inc., Infant Optics, Instant Pot, JBL, LEGO, Levi’s Red Label, LG OLED TV, limited-time designer partnerships, Mega Bloks, mobile contracts, Motrin pain relief, Nerf Ultra, Ninja, Nintendo hardware and Switch games, Polder, Poo-Pourri, Peg Perego, Philips Avent, power shave, power dental, prepaid cards, PlayStation consoles and accessories, Revival, Samsung TVs, simplehuman, Sonos, Sony Electronics, Target Optical, Tempur-Sealy, Traeger, Tylenol pain relief, Unlocked phones, Vera Bradley handbags, Weber, What Do You Meme?, Xbox consoles and accessories, and the Zoe Doll.
Quick Thoughts
Most regular Target shoppers will find the $40 off of $40 to be an easy bonus, even though there are a bunch of exclusions. You can get $80 worth of stuff for free if you use the $40 off $40 coupon, which works both online and in-store.
If you shop at Target regularly, you will get 5% off both in-store and online, which is better than not shopping at Target at all, because I prefer to focus on larger bank account bonuses. It would be a poor deal to open the credit card over the debit card, given that there are so many credit cards on the market with better offers.
