$40 Off $40 Target Purchase Coupon for New Debit or Credit Red Card Holders

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Check out the benefits of a Target Red Card!

Hand holding a Target REDcard in Target store in front of display

If you shop at Target, it’s time to get a Red Card! 🙌

What’s the best part about being a Target Red Card holder?! The perks and exclusive offers! If you don’t already know, being a debit or credit cardholder allows you to save 5% every day on Target purchases with Red Card (no promo code required!), FREE 2-day shipping on most items on Target.com, extended time for returns, and more! Note that some restrictions apply.

Even better, now through July 23rd, Target is offering a coupon for a whopping $40 off a $40+ purchase that will be included with your NEW Red Card (valid on both the debit and credit card options!). Note that the $40 off coupon will be mailed to approved cardholders with their Red Card and will be valid through 08/27/22.

Target Red Card and coupon

The best part about having a Target Red Card?

Target’s 5% off Red Card discount will also stack with the already discounted sale or clearance items and Target Circle offers, so you can scoop up all the Target deals your heart desires at the very best prices!

Why wouldn’t you want to save a little extra on the items you’re already buying? 🤷‍♀️ And because you can opt for the credit or debit card version and still get all the SAME perks, a Target Red Card is really a no-brainer!

woman's hand holding a target redcard above a target shopping cart

Applying for a Red Card couldn’t be easier!

It’s super easy to apply too, which you can do conveniently and quickly online – the entire application process should take less than 15 minutes!

Not interested in another credit card? Consider applying for the Red Card debit card instead. There’s no credit check needed and it’s totally free. The debit card is simply tied to your existing checking account. Plus, you can also withdraw up to $40 cash at checkout in-store.

Even better, regardless of which type of Red Card you choose, you don’t have to worry about paying any sort of annual fee! 🙌

Target list with red card

Here are all of our favorite Target Red Card perks (some restrictions apply):

  • Save an extra 5% every day on Target purchases when you pay with your Red Card – in-store AND online!
  • Store your Red Card info in the Target app for a faster checkout experience!
  • FREE 2-day shipping on most items on Target.com – no minimum purchase!
  • Early access to special events, products & promotions – just for Red Cardholders!
  • Extended returns – additional 30 days, excludes Optical and non-returnable items!
  • Exclusive extras, including special items & offers!
  • Save 5% off specialty gift cards for travel, restaurants, movie tickets, and more!
  • Save 5% when you use your Red Card at any in-store Starbucks location!

Save even more with these popular Target deals!


Holding a Bachelor’s Degree in Media Studies from the University of Sioux Falls, Anne had previously been in the newspaper industry for 20+ years before joining Hip2Save. Her work there earned her numerous awards, including South Dakota’s Journalist of the Year. Her love of writing and her uncanny ability to find deals for her family makes Hip2Save a perfect spot to combine her two passions. When she’s not working or shopping, she loves playing games with her husband and three kids, cheering on her favorite sports’ teams (especially the Dallas Cowboys), and doting over the family’s golden doodle.


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