Once a year, Target rains red cash down upon us in the form of the annual Target Gift Card Sale. The discount isn’t huge—it’s 10%—but it is the only time you can buy a discounted gift card from Target. And the best part is you can layer on the savings by combining your discount gift card with other amazing discounts and promo codes on the Groupon Coupons Target page to really feel like you’ve won the savings lottery. 

Earn 10% Off at The Annual Target Gift Card Sale

The Target Gift Card Sale is always during the first weekend of December, and 2024 was no different. However, Target also gave us a 1-day gift card deal during their Target Circle Week in April 2024. Nevertheless, for one or two days, you can purchase up to $500 worth of gift cards and save up to $50, or 10%, off! It’s seriously that simple. All you have to do is be a Target Circle member and shop in-store or online. Each Target Circle account is allowed to use the coupon only once, though you can buy multiple gift cards in that single transaction.

SAVINGS TIP: You have to be a Target Circle member to activate this deal. No worries, the membership is entirely free. On the brand’s website or app, you’ll have to activate this deal before purchasing to see the money off in your cart. You can also make this purchase in-store.

Gift Card Sale Policy

In a nutshell, during the Gift Card sale, you can buy Target GiftCards worth up to $500 in Target GiftCards ($50 maximum discount) per Target Circle account. You have to be a member of Target’s free loyalty program and the discount can be used only once, though you can spread the balance out to multiple gift cards. 

When Is The Gift Card Sale at Target

Target doesn't do much to publicize its gift card sale. In fact, Target keeps the deal downright hush-hush until right before the sale. We predict this year's sale will last two days in early December. Remember, you have to be a Target Circle member and you have to save the offer in your account to get this awesome deal! Here are all the details from last year's event. We'll update the link when the 2025 deal is released.

Exclusions

What gift cards are not included in this sale: 

• Target Visa Gift Cards
• Target Mastercard Gift Cards 
• Target American Express Gift Cards 
• Gift cards issued by other retailers such as dining, lifestyle, and entertaining gift cards

Other Ways to Save During the Gift Card Sale Event

Let’s crank these savings all the way up. 

• If you want to maximize the value of this deal, consider purchasing your discounted gift cards with a Chase Freedom Flex card via PayPal at checkout. You can earn 5 points per dollar spent.
• If you have a premium Ultimate Rewards card, such as the Chase Sapphire Reserve, you could earn a total of $95 in savings/earnings on the $500 card purchase.
• Use the Discover Cash Back, which currently offers 5% cash back for purchases on Target.com up to $1,500 in purchases.

These deals are subject to change.