Quote from Savings Beagle on June 16, 2021, 10:02 am

Target is offering its gift cards with a 5% discount beginning today, June 16 and running through June 19, 2021.

This isn't as good a deal as the 10% off we've seen around Christmas the past few years, but still not a bad deal.

Obviously, the play is to buy a Target gift card, getting the 5% discount, and use that discounted gift card to effectively save on your Target purchases paid for with that gift card.

You must be a Target Circle member - and saved the offer to your Target Circle account - to take advantage of this promo.

Below is the link to Target's gift card section.  Be sure to check out the Details and Terms sections we list below.

Target 5% Off Gift Card Link

Here are the Details and Exclusions for this promo:

• Offer valid for one-time use purchase online only
• Transaction can include multiple Target GiftCard items up to $500 ($25 maximum discount) 
• GiftCards can be delivered via Mail, Email or Text 
• Offer excludes Visa Gift Cards, Mastercard Gift Cards, American Express Gift Cards and gift cards issued by other retailers such as dining, lifestyle and entertaining gift cards

And the Terms:

Category Coupon. Offer valid for one transaction up to $500 in Target GiftCards ($25 maximum discount) on Target.com per Target Circle account. Transaction can include multiple Target GiftCards. Offer is redeemable only through Target Circle. No returns on Target GiftCards. Offer does not include Visa Gift Cards, Mastercard Gift Cards, American Express Gift Cards and gift cards issued by other retailers such as dining, lifestyle and entertaining gift cards. Offer excludes reloads of previously purchased Target GiftCards, Target GiftCards given in exchange for electronic or prepaid trade-ins, Target GiftCards provided for merchandise returns, Merchandise Return Cards and Target GiftCards provided as free promotional card with qualifying purchase. Quantities limited; no rainchecks. Purchases of Target GiftCards that exceed certain transaction limits may be voided. If the GiftCard transaction exceeds $500, the $25 maximum discount may be proportionately allocated across all GiftCards in the transaction. Terms and conditions apply to gift cards. No other same department/category coupon will apply. Percent off coupon will apply to all qualifying items in transaction. Void if copied, scanned, altered, transferred, purchased, sold or prohibited by law. Item(s) may not be available at all stores. No cash value.