- Target is known for its vast selection of products and competitive pricing.
- There are additional benefits, such as price matching and rain checks, you can enjoy when you shop at Target.
Are you taking advantage of them?
Target has long been a consumer favorite not just because of its affordable prices, but also, because of its impressive array of products. Want to stock up on groceries, kids' clothing, electronics, and kitchen tools all in the same spot? Target can make that happen.
But even if you tend to do a lot of shopping at Target, you may be missing out on some lesser-known perks the big-box retailer has to offer. Here are a few you should know about.
1. Target will match a lower price you find elsewhere
Target prides itself on competitive pricing -- so much so that it's willing to match the prices of other retailers that stock the same items. If you see a better price advertised at another store but only want to make one trip, it's worth seeing what Target will do for you.
2. You can reap major savings using the Target RedCard
The Target RedCard comes in two varieties -- a debit card and a credit card. And both offer one key perk -- getting to save 5% on your Target purchases. So if you don't have the RedCard, it pays to sign up.
If you already have a lot of credit cards, you may want to stick to the debit card version. Similarly, if you'll soon be applying for a large loan, like a mortgage, then the debit card version may be your better choice.
No matter which version you choose, if you get the RedCard, you'll get added benefits like extra time to return unwanted items and free two-day shipping for online purchases. And you won't pay a fee for either the debit RedCard or the credit card version.
3. You can use Target as your personal ATM
There are certain things in life you may need to pay for in cash. But hitting the bank may not be convenient if it's not in the same area as your other errands. If you have the debit card version of the RedCard, though, then you can use Target as your personal ATM and get up to $40 in cash when you check out your purchases.
4. You can ask for a rain check
Target offers tons of great deals. But sometimes, those deals are so good that other customers scoop them up before you get a chance to. That may not be a problem, though, because Target will commonly give you a rain check so you can snag a discounted item at a lower price once it's back in stock.
Are you making the most of Target?
Shopping at Target is unquestionably convenient, and it could result in a nice amount of savings (provided you stick to a shopping list and don't fall victim to too many impulse buys). But it also pays to take advantage of these lesser-known perks.
At the same time, be sure to check out Target's weekly deals, which you can access online. That way, you can make the most of sales and promotions that help you stretch your paycheck nicely.
Alert: highest cash back card we've seen now has 0% intro APR until 2025
If you're using the wrong credit or debit card, it could be costing you serious money. Our experts love this top pick, which features a 0% intro APR for 15 months, an insane cash back rate of up to 5%, and all somehow for no annual fee.
In fact, this card is so good that our experts even use it personally. Click here to read our full review for free and apply in just 2 minutes.
Our Research Expert
We're firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers. The Ascent does not cover all offers on the market. Editorial content from The Ascent is separate from The Motley Fool editorial content and is created by a different analyst team.
The Ascent is a Motley Fool service that rates and reviews essential products for your everyday money matters.
Copyright © 2018 - 2023 The Ascent. All rights reserved.