January 2022 – New Target RedCard Applicants Recieve a $40 Savings Off $40 or More Future Purchase

Start off 2022 with savings on your Target purchases. 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 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 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 throughout the year, Target will offer sign-up promotions for its RedCard.

They’re starting off 2022 with one of those times.

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 January 15, 2022.

The coupon will be mailed to approved cardholders with their RedCard and will be valid through 2/13/2022.

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 squint to read the text below.

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 is no exact time period between closing and opening a new RedCard debit card for the sign-up bonus, but I’d say at least one month between closing and trying to open a new debit card account. Three months or so may be a better option, if possible.

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

It’s likely too late to close a currently opened RedCard to take advantage of this 2022 New Year $40 off $40 sign-up bonus, but it’s something to consider for the next RedCard sign-up promo. These sign-up promos seem to be offered every four months or so.

Has this tactic worked for you? Is the Target RedCard sign-up bonus worth the effort?