5/24 Update: It appears that only the Target RED Debit/Credit card is working to get 5% off gift cards now.
What would you think about getting 10% off of every single purchase on your vacation at Disney World?
10% may not seem like much but here at Frugal Mouse every penny counts! This method isn’t too difficult to pull off either so it’s a quick and easy way to save a few bucks here and there.
Target recently rolled out two new cards, a Target RED Debit and Target RED Credit card. Both cards give you 5% off of every purchase at Target plus free shipping for online purchases. Both cards feature no annual fees which is good though beware of the credit card because the interest rate is a whopping 22.9%! That shouldn’t really matter because we always pay our credit cards off each month (right?).
What’s nice about these cards is that you can use the 5% discount to purchase gift cards and Target stocks Disney gift cards! Not to mention that you get 5% off at all other purchases at Target and on Target.com plus free shipping as well.
To apply for a Target REDcard you can either visit customer service in store or apply online at http://www.target.com/redcard/main
I’m going to be using the Target Debit REDcard because I have enough credit cards already and the debit card won’t require a credit report pull.
When registering you’ll need to have your checking account number and bank routing number to link them up. The debit card needs to be linked to an active checking account to pull money from when you make a purchase – it will operate just like any other debit card.
After you’ve successfully registered for the card a verification process needs to take place by Target depositing a few small deposits then you verifying the amounts, this process can take 3-5 days to clear. Your card should arrive in the mail a few days later, just call the number to activate and you’ll be all set!
Now that we have our first 5% off, let’s work on getting a second stackable 5% off coupon which will bring our total savings to 10%.
5% Coupon for Target Pharmacy Rewards
There are two ways you can get the second, stackable 5% off. Target has a pharmacy program which rewards a 5% coupon off of an entire purchase two ways
Filling 5 prescriptions using your REDcard
Enrolling to manage your account online.
What’s nice about these coupons is that you can stack them on top of your discount from your REDcard bringing your total savings up to 10% for a purchase.
I don’t have any prescriptions to fill so I’m going to use the enroll online option to get a 5% off coupon. If you do have prescriptions you can get two coupons but they can’t stack on top of each other.
How To Get the 5% Off Coupon
1. Go to https://www.targetpharmacyrewards.com/
2. On this page you’ll see two options to get the 5% off coupons at the bottom, click on the right option.
3. Complete the registration process by filling out the form on the site. At the end of the registration process you should see a popup at the end confirming that your coupon will arrive in the mail. Score!
After you have your Target REDcard and 5% pharmacy rewards coupon in hand, time to purchase some gift cards!
The Disney Gift cards can be purchased both in store and online so you don’t even have to go to a store to purchase. Note that you are limited to purchasing 10 at a time online.
Another benefit to having the REDcard is that you get free shipping on order from Target.com.
Money Saving Strategies
Disney Gift Cards are accepted in all parks and at Disney resorts at both WDW and Disneyland. I’ve found that the gift cards are hit and miss at locations at Downtown Disney which is understandable since they are other companies running those restaurants & stores.
How I have used this discount in the past is to use gift cards for all of my food purchases in the parks. For example on my last trip I budgeted $500 for spending on food and some shopping for my trip. I was able to purchase 10 gift cards at a cost of $450 for a $50 savings (10%) which gave me $500 to spend in the parks.
It’s also a good way to set a spending budget – once you’re out of your gift cards your budget is up. Just be very careful about not losing the gift cards, be sure to treat them like cash because it is!
You are also able to use your gift cards at:
- Room resort costs
- Park tickets
- Disney Cruise Line
- Disney Store
Being able to save 10% on all merchandise and food purchases in the parks is a nice savings when otherwise we would be paying full price. If you have any Disney gift card tips or other ways to utilize the Target discounts post them to the comments!