Target Is Offering A $50 Off $150 Coupon When You Sign Up For Their Credit Card

Target Corp. Reported A 4 percent increase in second-quarter profits
Getty Images | Alex Wong

The products and services mentioned below were selected independent of sales and advertising. However, Don't Waste Your Money may receive a small commission from the purchase of any products or services through an affiliate link to the retailer's website.

If you’re a Target shopper but haven’t signed up for their REDcard credit card yet (and want to), now is definitely the time.

Now through April 20, the retailer is offering a coupon for $50 off a $150 or more qualifying purchase when you apply for the credit card or debit card by mail or online.

If you’re approved, the coupon will be mailed to you along with your new REDcard. You’ll be able to use the coupon on eligible items through May 25. There are exclusions, so be sure to read the fine print if you had something specific in mind for your coupon.

If you don’t want a credit card, you can sign up for the debit card instead and receive the same perks, but no annual fee or credit check. Because the debit card is tied to your checking account, you can also use it to withdraw up to $40 cash when you check out at your local Target.

Getty Images | Justin Sullivan

Aside from the coupon, there are numerous perks to having a Target REDcard, like free two-day shipping on most items with no minimum purchase, extended returns and saving an extra 5 percent every time you pay with the card, with some exclusions like prescriptions and some gift cards. You’ll also get 5 percent savings on specialty gift cards for travel, restaurants, movie tickets and more.

Cardholders also get early access to special events, products and promotions, a 10 percent off coupon on your REDcard anniversary, save 5 percent when you use your card at any in-store Starbucks location, and if you have a baby, 15 percent off and free shipping on select diapers, wipes and formula subscriptions.

While the $50 off coupon works on a combined total of $150 or more, it would also be a great time to splurge on a more expensive item you’ve been waiting to buy. Perhaps a new patio set for the summer, or some furniture from Target’s new travel-inspired collection?

Will you be signing up for a Target REDcard and getting your $50 off coupon?

About the Author

Kaitlin Gates

Kaitlin is a freelance multimedia journalist with a background in newspaper and broadcasting. She has a degree in journalism and psychology, enjoys writing, editing, animals, music and movies/TV. Along with Don't Waste Your Money, she also writes for Simplemost. When she's not writing, you can usually find her on her yoga mat, whipping up a new vegetarian dish or at a wine tasting with friends. You can email her at or find her on Facebook at Learn More.