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Don’t shop at Target without reading this.


Key points

  • Target offers a wide selection of products, often at affordable prices.
  • There are plenty of ways to save at Target, including signing up for a RedCard.
  • Learning Target’s clearance codes and markdown calendar can also help you save money.

Target can be a really fun place to shop, as well as a place where you can pick up some great bargains. But if you want to get more for your money and charge less on your credit cards on your next Target run, there are some key secrets and strategies you need to know. Here are four.

*Details correct as of publication date – 26/10/2022

1. Sign up for Target Red Card

Target shoppers can save a fortune with Target Red Card. Target Red Card is offering 5% off at Target stores and the company’s online site. You also get free two-day shipping on many items and an extended returns period so you don’t waste money on purchases that don’t work.

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The best part about Target Red Card is that you have a choice of how you want to register. You can apply for a Target Red Card credit card, but if you prefer not to use the credit, you also have the option of subscribing to the Target Red Card debit card. This will be linked to your existing checking account so you don’t have to open a new bank account or get a new line of credit.

There is no annual fee for any type of Target Red Card, so if you are a Target buyer, you should definitely take advantage of this additional savings opportunity.

2. Join TargetCircle

TargetCircle is a loyalty program that allows you to earn 1% off your purchases as well as take advantage of special offers reserved for members of the loyalty club. TargetCircle members also receive a special birthday gift.

For those with a RedCard, you’ll still get your standard 5% back rather than TargetCircle’s 1%. But you can still enjoy the other benefits offered by membership in this loyalty club.

Target puts items on clearance regularly, with some items being sold for up to 90% off. Typically, when merchandise is not sold, the store marks it about every two weeks. But how do you know when prices are at their lowest? It’s simple: you have to know how to decode the price tags.

First, the upper right corner of Target clearance labels usually contains a small number that indicates the percentage off. This is usually 25, 50, 70 or 90. Second, clearance merchandise prices usually end in $0.88, $0.98, $0.48, $0.24 or $0.04 . If the tag says $0.04, that means it’s a final clearance item, so buy it while you can.

4. Know Target’s Markdown Calendar

If you’re buying specific items, it’s also helpful to know when you’re most likely to get the best price. While this may vary somewhat by target location, most stores follow a predictable sales schedule and mark specific items on certain days. For instance:

  • Accessories, books, baby items, children’s clothing, electronics and stationery are generally marked down on Mondays.
  • Women’s clothing, pet supplies, and grocery items are often on sale on Tuesdays.
  • Diapers, health and beauty products, lawn and garden items, furniture and men’s clothing are generally marked down on Wednesdays.
  • Household goods, shoes, sporting goods, luggage and home decor are usually on sale on Thursdays.
  • Jewelry, cosmetics, hardware, homewares and automotive products have their sales on Fridays.

By knowing this schedule, taking advantage of loyalty programs, and understanding how to read labels, you can save a ton on Target items. This will give you more money to spend on other important financial goals.

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