Does Target Do Cash Back 2022? How Much Can You Get?

By Phillip Adcock
Last Updated: September 10, 2022
Does Target Give Cash Back

Target is one of the most popular stores in the USA, and everyone wants to shop there. They have a fantastic reputation for providing great clothes and products to their customers.

However, that alone is not enough. Every grocery shopper is always looking for good deals and saving money. Several stores offer cash-back programs. So, does Target do cash back?

Does Target Do Cash Back In 2022?

YES.

In 2022, Target gives cash back totalling up to 40 dollars on purchases using this retailer’s RedCard (or any debit cards) at the self-checkout or checkout counter. 

This promotion is available in most locations, although the policy will not be applied to individuals who purchase something using their credit card or checks.

In this blog, we will cover cash back limit, their policy, the amount you can earn, how to get a discounted rate on your purchase, and more.

Target Cash Back Limit

Many people will wonder if there are any limitations to this process. The act of earning a discounted rate on your purchases has its fair share of limitations. 

Be it that 40 dollars are the maximum amount you’re able to get per transaction at a time or if only debit cards earn said cashback, they all act as limitations that we recommend you keep in mind before doing the transaction! 

Additionally, your refund will not be successful if the remaining funds in your account do not allow it. To make it easy to imagine, if your total in-store purchases are $50 and you want to get $40 cash, your account balance at that point should be at least $90.

In some cases, the bank will still allow you to make a transaction if your account balance is not enough. However, you will then be charged an overdraft fee.

The Guide On How To Get Money Back At Target

Money Back At Target

The process is uncomplicated, and you can apply it to most stores. Here is the step-by-step guide for you to refer to:

  1. Checkout at the cashier counter or self-checkout.
  • Talk to the cashier to ask for withdraw money (if you checkout at the register counter)
  • Select the “cash back” option displayed on the automatic machine (if you choose self-checkout)
  1. There are four options for you to choose from, either you want to get ten, twenty, thirty, or the maximum of 40 dollars.
  2. Wait for the cashier or the machine to give you the money you requested.

Should you accidentally press the wrong button, you should ask the attendant for assistance. Usually, you’ll have to start over again.

How Many Ways Can You Get Your Money Back At Target?

Debit Cards

This is the most common form when you want to withdraw money from this retailer. Using a debit card is fast, convenient, and also hassle-free. However, there are two cases we want to explain: those who use regular bank debit cards and those who use their RedCard

These two card types have the same function, you can both withdraw up to $ 40 for each in-store purchase, and both also require enough account balance to make transactions.

Only the Redcard will link the fund source to your personal check, so you need to make sure the balance on the check is enough.

Self Checkout

This is also a popular method because of its convenience and speed. It’s pretty much like withdrawing money from an ATM, albeit with a small caveat:

The lowest denomination you can have is 10 dollars, while the highest is 40 dollars. And there are just four options to choose from: ten, twenty, thirty, or forty dollars.

You can’t withdraw as much as you want because there are no other options like 13 dollars, 23 dollars, or 37 dollars, for example.

Gift card

It’s hard to give a certain answer if you can have your cashback using this method. It depends on the store policy and the location. It can also vary from time to time. 

In some cases, the retailer does allow you to get your money from using their gift card as long as its value does not exceed their standard limit, which means 40 dollars.  

To make sure, contact your local store first before having the intention to use it for withdrawing money.

Target RedCard

This is like a membership card; only it has the same payment function as the regular bank cards. However, do you know that there are three types available:

  • Target Debit
  • Target Credit (not possible for getting money back)
  • TargetMaster (not possible for getting money back)

Each type features a 5% discount on your in-store purchases, not to mention the other utilities such as free shipping, return policies, and no annual fee. If you pay for essentials at their store multiple times a week, then this can save you a lot of money. 

For example, one family in America spends nearly $5000 per year on food and drink. With this, you can save approximately $250, enough for you to spend on other purposes. 

It is also a plus when you can get an extra return period, but not all regular purchases are eligible for a return. The “Buyer Protection” plan gives you the opportunity to return the item you’ve bought within 60 days of receipt. 

However, this does not apply to certain categories or non-returnable items like special offers. 

Although their cards do not charge fees, credit types have a pretty high APR of nearly 23%, which we think you should consider when using it.

How About Other Payment Methods?

Credit Card

Unfortunately, you cannot have cashback when using this payment method though it is very common in everyday life. If you need cash, you can use it to withdraw money at an ATM; of course, the withdrawal fee is quite high.

Personal Check

Cheque itself is not a popular payment method in many supermarkets or retail stores and Target. So you can’t use checks for this purpose.

Their Wallet Application

Many people don’t know that the retailer has developed its e-wallet app, which allows customers to pay for their purchases at the store. Luckily, you can use the app to withdraw money as long as you’ve already attached your debit card. 

Its use is also extremely simple and convenient; you just open the app, turn on the “CaCashbackoption, enter the amount of money you want to have, and then scan the code to proceed.

Do You Need To Pay Any Fees For The Service?

They do not charge any fees for this service on the retailer’s part. However, the problem may come from your bank’s side. Withdrawal fees, and over-the-limit spending fees are these types you may be charged from the bank. 

Therefore, if you find yourself a loyal customer, use their card when shopping here to enjoy more incentives, especially their e-wallet app, which is convenient for online shopping. 

What Other Locations Offer The Same Service?

Can I get cash back at Target or anywhere else? Because it has gradually become the need of every person when they go shopping, below is a table of some places that provide similar services. 

However, different locations will have their own rules and requirements; make sure you do research about their policies first.

LocationLimit
7 Eleven$10
Circle K$40
ALDI$100
Walmart$60 (self-checkout)
$100 (cashier counter)
Costco$60
CVS$35
Safeway$200
Sam’s Club$100
Chevron$10
Dollar Tree$50
Family Dollar$50
Dollar General$40

Most large supermarkets, retail chains, and convenience stores have this policy for customers, while fashion, home appliances, and electronics stores rarely have this service. These brands include:

Final Thoughts

Target is a popular place to shop, and with an ever-expanding product selection and sales, it’s no wonder. But, while it seems like a no-brainer to shop and earn cashback simultaneously, it can be a bit tricky. 

That’s why we’ve already broken it down for you, so you can easily understand their policy. We hope this post helps answer your concern. 

We love that they offer this amazing benefit to their customers, and you will take advantage of it, won’t you?

Target student discount

* Disclaimer: We do not buy, sell or provide service, we only share with you our trusted sources, and experience. In case of any changes in the products or services of the companies, all the information below is supposed to change at any time.

Phillip Adcock is the founder and Managing Director of the research agency Shopping Behaviour Xplained (SBXL), a shopping research organization using psychological consumer insight to explain and help consumers answer their questions about stores and services.

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