The annual sale on Target gift cards is this Sunday, December 8th. You’ll get a 10% discount on up to $300 in Target gift cards. The gift cards will then be active on the 9th at 10 am CST. You can find the ad HERE.
Maximize Your Savings
You don’t get a Target REDcard discount when you use it to purchase Target gift cards. But, the Discover it Cash quarterly 5% cash back bonus right now includes Target. And, if this is your first year with the card, you get all your cash back doubled at the end of your first year, so 5% saved becomes 10%.
Not For Disney Gift Cards
Unfortunately, you can no longer use Target gift cards to purchase Disney gift cards (or any other). This used to be a great strategy for saving but Target no longer allows it.