Target is bringing back a rare discount on one of the top holiday gifts — gift cards.
showed gift cards are expected to be a favorite gift once again with total spending projected to reach $28.6 billion, compared with $28.1 billion in 2021.
Holiday shoppers plan to purchase between three to four gift cards and spend an average of $51.47 per card or $165.87 per person, the survey found, which is similar to 2021. Clothing is the top gift category with 55% of consumers planning to buy, followed by gift cards at 45%.Get 10% off store gift card purchases up to $500 through its Target Circle loyalty program — for a maximum savings of $50.Flashback:
Being a member of the loyalty program has been required to get the annual gift card discount since 2020.How it works: Shoppers qualify for a price adjustment on Target purchases made between Oct. 6 and Christmas Eve if store prices go down "any time on or before Dec. 24."
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