Are You Ready for Your Next Target RedCard $40 off $40 Sign-Up Bonus? This Latest Promo Runs Through August 27, 2022

Target’s back with another RedCard sign-up bonus.

New Target RedCard applicants can receive a $40 savings off a $40 or more future Target purchase as a sign-up bonus.

And, even if you’ve received a Target RedCard sign-up deal in the past, you may be able to get another. See our thoughts at the end of the post.

Plus, the $40 savings coupon may be able to be used twice – once for an in-store purchase and again for an online purchase – for a total savings of $80. See our “data points” thoughts below.

Target RedCard

The Target RedCard (credit and debit versions) offers holders unique benefits that regular Target shoppers should consider if saving money is of interest.

Target RedCard holders receive:

• 5% off your in-store or online Target purchases
• Free 2-day shipping on many items on Target.com
• Access to exclusive promotions, gifts and special items
• An additional 30-days for returns and exchanges

You can read all the details associated with the Target RedCard, as well as apply at this Target RedCard link.

Target RedCard Sign-Up Promo

A few times – or maybe more than a few times – throughout the year, Target will offer sign-up promotions for its RedCard.

This is the Sixth $40 off $40 sign-up deal for 2022.

Approved applicants for either the Target RedCard credit card or debit card will receive a coupon good for $40 off a future qualifying purchase over $40.

Applications can be in-store or online at Target.com.

This promotion runs now through August 27, 2022.

The coupon will be mailed to approved cardholders with their RedCard and will be valid through 9/17/2022.

Interesting data point – There are reports that you can use the $40 off coupon against an in-store purchase of $40+ and then again against an online purchase of $40 or more. So you’ll be grabbing a total of $80 in savings. Not sure if this is a glitch in Target’s system, or just the good luck of those shoppers who’ve given it a try. Something to keep in mind, but not something to expect to have work. Think of it as a nice bonus if it does.

There are a number of items that are excluded from the $40 coupon…you can see the full list under the RedCard Benefits & Program Rules “$40 off for new RedCard holders” info bullet found on the page links above and below or read the text below.

Excludes items sold & shipped by Target Plus™ Partners.*Excludes alcohol, Apple products, Barbie camper and houses, Beats Fit Pro, Beats Flex, Beats Powerbeats Pro, Beats Studio Buds, Bose, Bullseye’s Playground, Cards Against Humanity, Casper, clinic & pharmacy, Cricut, dairy milk, DockATot, Dockers, Disney Ultimate Princess Castle, Do-a-Dot, DSLR cameras & lenses, Dyson, Facebook Oculus and Portal, face masks (Dolan, Sanctuary & Sugar Fix brands), Fisher Price Laugh n Learn, Fitbit, gift cards, Google, HALO Baby, Hasbro Games (Classic Monopoly, Connect Four, Jenga, Sorry, Trouble), Hatch Maternity, Hot Wheels Ultimate Garage, Honest Baby, HP Inc., Hudson Baby, Infant Optics, Instant Pot, JBL, Lamaze, LEGO, Levi’s Red Label, LG OLED TV, limited-time designer partnerships, Luvable Friends, Mega Bloks, mobile contracts, Monica and Andy, Motrin, Ninja, Nintendo hardware and Switch games, Polder, Peg Perego, Philips Avent, Plan B, power shave, power dental, prepaid cards, PlayStation consoles and accessories, Q by Quincy Mae, Revival, Samsung TVs, Shark, simplehuman, Sonos, Sony Electronics, Take Action, Target Optical, Tempur-Sealy, Touched by Nature, Trading Cards, Tylenol pain relief, Tylenol PM, Ulta Beauty at Target Brands, Unlocked phones, Vera Bradley handbags, Weber, What Do You Meme?, Xbox consoles and accessories, Zoe Doll.

But, if your Target purchases are along the lines of household products, groceries, most clothing, etc., you should be fine using the $40 coupon.

You can read more and apply at the link below.

Target RedCard $40 Off $40 Promo/Application Link

Multiple RedCard Sign-Up Bonuses

This tactic won’t be for everyone, but it does appear possible to take advantage of these RedCard sign-up bonus promos multiple times.

First, this should only be done with the RedCard debit card. Not the RedCard credit card.

Of course, the first step is closing your previously opened RedCard debit card.

There have been questions on how long you have to wait between closing a RedCard and Signing up for a new bonus. Reports now seem to indicate you’ll need to wait 90 days from the date you last opened your Target RedCard debit card. After the 90-day period is up, you should be able to get another Target RedCard sign-up bonus.

There are reports of individuals receiving multiple – up to 8 or 9 – RedCard sign-up bonuses using this tactic.

If you currently have a RedCard open, you should be able to close it, wait a few days or a week, and re-apply for this August 2022 RedCard sign-up bonus…as long as it’s been 90 days since you last opened the RedCard, that is.

If you act fast, this $40 off $40 deal can definitely help with back-to-school shopping costs.