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Target shoppers can earn a one-time coupon for $40 off a future qualifying $40+ purchase when approved for a new credit, debit or a RedCard Reloadable card between June 18, 2023 and July 22, 2023. This offer is valid for both and in-store purchases through August 21, 2023.

Target credit and debit cardholders must upload the coupon to the Target App and be enrolled in the Target Circle™ loyalty program to redeem the coupon. New RedCard Reloadable accounts must be successfully registered online at to receive the $40 statement credit. 

Slickdeals user u/QueensGambit pointed out that not all items sold on are eligible for this coupon. Many popular brands like Apple, LEGO and Ulta Beauty are excluded, as well as products not sold directly by Target. Check offer details to see a list of excluded items.

Target RedCard Benefits

target storefront


The Target RedCard also gives customers more benefits including:

  • 5% off at Target stores and
  • Free 2-day shipping
  • 5% off same-day Shipt delivery orders placed on 
  • An additional 30 days for returns and exchanges
  • 5% off at Starbucks in Target stores 
  • Early access to exclusive special items and offers

Target Mastercard® customers can also earn 2% on dining and gas purchases and 1% on purchases outside of Target. Reloadable account holders can add cash at Target locations and can spend anywhere Visa® debit cards are accepted. Using a Target RedCard can also help you save hundreds on groceries and items for a baby's first year.


Slickdeals Money Staff

The Slickdeals Money editorial team is dedicated to helping readers navigate the personal finance space. We’re passionate about educating our readers on the very best financial tools & products on the market today.