Does Target do Cashback? (Yes, But Something You Should Know)

Believe it or not, 75% of the US population lives within ten miles of a Target store. The huge retailer is famous for selling various things, including food, drink, clothing, electronics, and household goods. 

We know that Target accepts the likes of Apple Pay, cash payments, and card payments; however, do they offer cashback? We often find ourselves needing cash occasionally but want to avoid ATM fees. 

Cashback can often do this for us. So, does Target do cashback? Let’s take a look and find out…

The History Of Target

The first Target store opened in the 1960s in Minnesota, and by the end of the year, a further three stores had opened. By 1979 Target had reached over $1 billion in sales throughout its 74 stores. At this time, that was extremely impressive. Target offered a ‘billion-dollar sale’ throughout stores to celebrate their loyal customers.

Now 40 years on, how has Target developed, and what services do they offer to their customers? In an ever-changing world of technological advancements, we have adapted our lives. We can now pay using our phones, watches, and old trusty credit cards if we wish.

Read more: ExxonMobil Mission and Vision Statement Analysis

Does Target Do Cashback And How Much?

Target does offer cashback. However, it’s only for amounts up to $40. To receive cashback, your purchases must be made with debit cards or your Target Red Card. 

This service is even offered at self-checkout machines. There is also no limit to how much you have to spend to ask for cashback. However, you must purchase using a debit card. A credit card or cheque is not accepted when asking for cashback. Most Target stores throughout the country offer cashback, but make sure to ask before paying. 

What Is Targets Cashback Policy?

Most Targets will offer up to $40 cashback. However, it can vary from store to store. Most Targets throughout the country will offer you cashback in $10 notes. However, the cashier will likely oblige if you request, for example, $5 or $20.

You must also have the correct amount of money in your checking account. For example, if you want $40 cashback, your total shopping comes to $30, then you must have $70 in your account.

No hidden charges…

Another bonus to cashback at Target is there are no hidden charges! This means you can ask for cashback at the cashier or by selecting the option on the self-checkout, and you can have your money in your hands within minutes. 

However, remember that it only works with your debit card or Target Red Card. So make sure you choose the correct payment method. It should be noted that depending on the notes the self-checkout kiosk has or hasn’t will determine the notes you receive. Remember, you cannot request your notes at the self-checkout.

What are the Cashback Limits?

Most Target stores will only give up to $40 cashback. This doesn’t mean to say you can’t trick the system a little bit. You can also pay on two transactions if you need more than $40 cashback which cashiers can’t argue with. 

Customers should also understand that there are limits to their debit cards. Your card may be declined if you have spent more than your daily limit. It would be best if you tried to keep within your banks’ limits; this will reduce stress or worry that you’ll be overcharged or suffer from hidden fees.

Paying With Apple Pay

If you choose to pay with Apple Pay at Target, you can receive cashback from Apple. For every transaction you make at Target using Apple Pay, you are eligible for 3% cashback.

Get Cashback Online

You can also receive cashback online using your Target Wallet App. Remember, though, that you must have linked one of your debit cards. 

1. Open your Target Wallet.
2. Choose your desired debit card.
3. Turn on the “Cash Back” option.
4. Enter the amount you need in USD.
5. Scan the barcode at the register.
6. Finish your purchase.

Can you get Cashback with Debit Cards?

Yes, you can get cashback using your debit card at Target. This also includes your Target RedCard debit card if you have one of those. Since the RedCard is directly linked to your debit card, you can draw money from there as it links back to your original debit card. However, make sure you have money in your account before drawing money or asking for cashback!

Can You Get Cashback with Credit Cards at Target

No, you can’t get any cashback from Target using your credit card. This also includes your Target credit card. However, you are eligible for cash advances if you have a Target credit card. This is great if you are stuck for cash while out and need to use an ATM, money transfer service, or even a casino. You must remember your PIN to access any money from your credit card.

Can You Get Cashback with Personal Checks at Target

It’s not seen as often due to all of our new technology advances, but cheques are still widely accepted across the US. It might seem strange if you’re a 20-something, but for the older generation, this was a way to pay in the past. However, paying with a cheque will not allow you to receive cashback at any Target stores. 

Does Target Charge Fees for Getting Cashback

There are no fees for getting cash back at Target. Additionally, Target does not have any minimum purchase requirements to qualify for cashback.

The only fees to watch out for are those from your bank; some accounts charge fees if you withdraw more money than you have available daily. Knowing your bank’s limit is important for avoiding overdraft fees on your cashback transaction.

Other Ways to Get Cashback at Target

You may be surprised to find out that some Targets have ATMs situated inside the store. However, you can’t find this information online. This means it’s a turn-up and find-out scenario. However, you can call the local stores and speak with customer service to ask if this service is provided.

Target doesn’t charge additional fees on the ATM. The fees charged are down to the ATM provider and the bank card you use. For example, if you use an ATM from another bank, you may be charged the fees they impose for your specific bank card. 

Stores That Offer Cashback

Plenty of stores, gas stations, drug stores, and dollar stores offer cashback. However, remember cashback limits will vary from store to store. Each store will have its store policies and adhere to its rules. 

Supermarkets:

Gas Stations:

What Else Does Target Offer?

If you’d like to know more about shopping at Target, then When Does Target Restock is a good place to start for the best availability and deals. Or if you’re posting off a letter, Does Target Sell Stamps, as well as Does Target Sell Cigarettes? And with regards to payment, check out Does Target Take EBT and Does Target Take WIC in 2023.

You could always work for the retail giant by taking a look at our in-depth guide to the Target Application, and to help you prepare, the most common Target Interview Questions. Or, learn more about the company with our comprehensive Target Mission and Vision Statement Analysis to impress your recruiter at your all-important interview.

I also recommend taking a look at How Old Do You Have To Be To Work at Target, if you’re still studying, and Does Target Pay Weekly, to know what your rates of pay will be. And finally, if you have a criminal record, Does Target Hire Felons will inform you on how to move forward.

Does Target do Cashback? – Final Thoughts

Sometimes it’s handy to finish all your errands in one day. That’s why if you need cash and don’t fancy making the extra trip to a bank or stopping off at an ATM, getting it while completing your weekly shopping is a perfect opportunity. 

This is possible and an easy process, but remember you must use your debit card. Target doesn’t offer cashback on credit cards or cheques. If you don’t feel like having any human contact at all, you can finish your shopping, head to self-checkout, and get your cashback right there with a few clicks of a button. But, please ensure you have enough money in your account before doing so, though!

So, now you know the answer to… Is Cashback available at Target as well as in other stores too! Happy shopping!!!