Target is offering Target Circle Members (free to join): 10% Off All Target Gift Cards (Physical, Email or Mobile Delivery) listed below. May purchase up to $500 in Target Gift Card (Maximum discount of $50)
Thanks to community member captainguy for finding this deal
Note, must login to your Target Circle account for discount to apply.
Transaction can include multiple Target Gift Cards
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Target is offering Target Circle Members (free to join): 10% Off All Target Gift Cards (Physical, Email or Mobile Delivery) listed below. May purchase up to $500 in Target Gift Card (Maximum discount of $50)
Thanks to community member captainguy for finding this deal
Note, must login to your Target Circle account for discount to apply.
Transaction can include multiple Target Gift Cards
Probably going to be getting my wife a switch 2 this year for Xmas. I'll probably use the chase freedom to buy these GCs then buy the switch 2 assuming target doesn't run out of them.
In the past I've bought these the couple times a year they offer them but honestly we have been spending way less at target. They have so few sales and the clothes have really gone to shit. I'm kind of hesitant to go with the full $500 this year. But then again it is like 12% off (figuring 2% cb on the credit card I use) vs the usual 5% only with the red card. But I guess savings is savings.
Sitting on these is a good way to effectively get newly launched products at a discount. This is how I purchased my Switch 2 at launch. Also great to keep on hand to stack with other deals
Sitting on these is a good way to effectively get newly launched products at a discount. This is how I purchased my Switch 2 at launch. Also great to keep on hand to stack with other deals
Yeah, but if you had that money in an S&P 500 index fund this year, you would have made 16.11% year to date.
Why sit on any money? Bank accounts don't keep up with inflation. Your money is literally worth less the longer you keep it there, and sitting on cards in your home is even worse. As prices rise, your cards will lose buying power and you earn zero interest, while target gets to invest and make compound interest on the free loan you just gave them. NO.
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Yeah, but if you had that money in an S&P 500 index fund this year, you would have made 16.11% year to date. Why sit on any money? Bank accounts don't keep up with inflation. Your money is literally worth less the longer you keep it there, and sitting on cards in your home is even worse. As prices rise, your cards will lose buying power and you earn zero interest, while target gets to invest and make compound interest on the free loan you just gave them. NO.
It would have made less than the 10% I saved during the 5 months between purchasing the gift card and using it. Also the average is more like 11% annually. So one could expect the 10% savings to be better than an S&P return as long as you use it within the year and don't wait til the end of the year to use it.
Obviously market returns aren't guaranteed though. This is 10% savings. Markets could go up 20%, remain the same, or could go down.
Yeah, but if you had that money in an S&P 500 index fund this year, you would have made 16.11% year to date. Why sit on any money? Bank accounts don't keep up with inflation. Your money is literally worth less the longer you keep it there, and sitting on cards in your home is even worse. As prices rise, your cards will lose buying power and you earn zero interest, while target gets to invest and make compound interest on the free loan you just gave them. NO.
How much do you pocket after taxes? Gift card money is liquid and instantly usable when you want to make a purchase. Investment capital is a long-term strategy that is built on compounding interest. Stop comparing two different models. I can't get $50 off at Target from the S&P 500.
In the past I've bought these the couple times a year they offer them but honestly we have been spending way less at target. They have so few sales and the clothes have really gone to shit. I'm kind of hesitant to go with the full $500 this year. But then again it is like 12% off (figuring 2% cb on the credit card I use) vs the usual 5% only with the red card. But I guess savings is savings.
100% agreed! It took me forever to spend the last $500 (in fact I still have $100 left now). I only buy minimal household stuff like food, cleaning, and health/wellness stuff. Rest of the store sucks compared to Amazon...
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Why sit on any money? Bank accounts don't keep up with inflation. Your money is literally worth less the longer you keep it there, and sitting on cards in your home is even worse. As prices rise, your cards will lose buying power and you earn zero interest, while target gets to invest and make compound interest on the free loan you just gave them. NO.
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Obviously market returns aren't guaranteed though. This is 10% savings. Markets could go up 20%, remain the same, or could go down.
Sign up for a Slickdeals account to remove this ad.
Join The Conversation
Share your experience with the Slickdeals community
Share information with the community. Please follow our Community Guidelines and be kind!