Target RedCard $40 Off $40 Sign-Up Bonus Now Through March 12, 2022

Target’s back with a new 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 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.

Interestingly, the current sign-up bonus isn’t showing on the Target RedCard page linked above. At least not yet.

However, it is showing in the current Target Ad. Target may have just not gotten to refreshing its RedCard page yet.

Target RedCard Sign-Up Promo

A few times throughout the year, Target will offer sign-up promotions for its RedCard.

This is the second $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 March 12, 2022.

The coupon will be mailed to approved cardholders with their RedCard and will be valid through 4/2/2022.

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.

Apply now in store or online at Target.com/RedCard *RedCard $40 offer: Get a coupon for $40 off a qualifying purchase over $40 when you are approved for a debit or credit RedCard in-stores and at Target.com between 2/27/2022-3/12/2022. The coupon will be mailed to approved cardholders with their RedCard and will be valid through 4/2/2022. Excludes items sold & shipped by Target PlusTM Partners. Excludes alcohol, Apple products, Barbie (Camper, Dreamhouse, Dreamplane, Malibu House and Townhouse), Beats Fit Pro, Beats Flex, Beats Powerbeats Pro, Beats Studio Buds, Bose, Cards Against Humanity, Casper, CVS clinic & pharmacy, Cricut, dairy milk, DockATot, Dockers, Disney Ultimate Princess Castle, Do-a-Dot, DSLR cameras & lenses, Dyson, Elf on the Shelf, Elvie, Facebook, Oculus and Portal, face masks (Dolan, Sanctuary & Sugar Fix brands), Fisher Price Laugh n Learn, Fisher Price Little People, Frozen Elsa’s Enchanted Lights Palace, Fitbit, Galactic Snackin’ Grogu, gift cards, Google, HALO Baby, Hasbro Games (Classic Monopoly, Connect Four, Jenga, Rubik’s Cube, Sorry, Trouble), Hatch Maternity, Hot Wheels (Ultimate Garage, Action Massive Loop Mayhem, Mario Kart Rainbow Road Trackset, Volcano Arena Playset), Honest Baby, HP Inc., Hudson Baby, Imaginext Transforming Bat-Tech Batbot, Infant Optics, Instant Pot, JBL, Lamaze, LEGO, Levi’s Red Label, LG OLED TV, limited-time designer partnerships, Luvable Friends, Masters of the Universe Masterverse Ultimate Battle Cat, Mega Bloks, mobile contracts, Monica and Andy, Nerf Ultra and Hyper, Ninja, Nintendo hardware and Switch games, Polder, Peg Perego, Philips Avent, Plan B, power shave, power dental, prepaid cards, PlayStation consoles and accessories, Quincy Mae, Revival, Samsung TVs, Shark, simplehuman, Sonos, Sony Electronics, Take Action, Target Optical, Tempur-Sealy, Thomas Trains & Cranes Super Tower, Touched by Nature, Trading Cards, Traeger, Tylenol PM pain relief, Ulta Beauty at Target Brands, Unlocked phones, Vera Bradley handbags, Weber, What Do You Meme?, Xbox consoles and accessories, and 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 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 $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?