Get $40 off a $40 or more purchase when you sign up for the Target RedCard with this deal. The coupon can be used only once.
Update 5/10/23: The deal can only be used once for $40 off a $40+ purchase. Previously, you could have used the coupon twice for up to $80 discount for two purchases.
Update 4/30/23: The deal is back and valid from 4/30/23-5/27/23.
Update 3/5/23: The deal is back and valid from 3/5/23-4/8/23.
Update 12/31/22: The deal is back and valid from 1/1/23-1/14/23. Once you’re approved, a coupon valid for $40 off a $40+ purchase will be mailed to you with your REDcard. You can use it twice, once online and once in-store, for up to $80 in free spending.
Update 11/6/2022: This offer is available again. Get a coupon for $40 off a $40+ qualifying purchase when you are approved for a debit or credit RedCard in-stores and at Target.com between Oct 30 – Dec 10, 2022. The coupon will be mailed to approved cardholders with their RedCard and will be valid through 01/09/23. You can see the offer on the weekly ad.
You can save 5% on purchases at Target if you have a Target RedCard. There are different ways to use a RedCard. The RedCard from Target can be used as both a credit card and a debit card.
If you shop at Target often, it’s a good card to have. In addition to the 5% off, you get free shipping on online orders and a longer return period. Now they have a new Target RedCard sign-up bonus that can save you $40 on your next purchase.
About The Offer

Get $40 off a future qualifying purchase over $40 when approved for a credit, debit or reloadable RedCard. Expires 12/10/2022 1/14/2022 4/8/23 5/27/23.
After you’re approved, they will mail you a coupon valid for $40 off a $40+ purchase with your REDcard.
Terms:
- 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 4/30/23-5/27/23. The coupon will be mailed to approved cardholders with their RedCard and will be valid through 1/09/23. Excludes alcohol, Apple products, Barbie camper and houses, Beats Fit Pro, Beats Flex, Beats Powerbeats Pro, Beats Studio Buds, Bose, Bratz Collector and Designer Dolls, Bullseye’s Playground, Cards Against Humanity, Casper, clinic & pharmacy, Cricut, dairy milk, DockATot, Dockers, Do-a-Dot, DSLR cameras & lenses, Dyson, Elf on the Shelf, face masks (Dolan, Sanctuary & Sugar Fix brands), Fisher Price Laugh n Learn, Fitbit, Funko Standard Pop, gift cards, GilletteLabs Heated Razor Starter Kit by Gillette – 3ct, Google, Hair Appliances, HALO Baby, Hasbro Games (Classic Monopoly, Connect Four, Jenga, Sorry, Trouble), Healthy Roots Dolls, Hot Wheels Ultimate Garage, Honest Baby, HP Inc., Infant Optics, Instant Pot, JBL, LEGO, Levi’s Red Label, LG OLED and QNED TVs, limited-time designer partnerships, Luvable Friends, Mega Bloks, Meta Oculus and Portal, mobile contracts, Motrin, Ninja, Nintendo hardware and Switch games, Polder, Peg Perego, Philips Avent, Plan B, power shave, power dental, prepaid cards, Play-Doh Ice Cream Truck Playset, PlayStation consoles and accessories, Revival, Samsung TVs, Shark, simplehuman, Sonos, Sony Electronics, Take Action, Target Optical, Tempur-Sealy, Trading Cards, Tylenol pain relief, Tylenol PM, Ulta Beauty at Target Brands, Unlocked phones, Vera Bradley handbags, Weber, and What Do You Meme? game.
Bottom Line
As long as you don’t already have the card, you can get this bonus. Since you can use it online and in stores, it’s like having $40 to spend for free. Check the list of things that can’t be bought with the discount because there are a lot of them.
More on our deals page.
READ MORE: SEE THE BEST BANK BONUSES HERE AND THE BEST INVESTING BONUSES HERE.