Target Inserts

targetI’m a big Target fan. I like the layout of their stores. I like their brands and merchandise. Their food is often cheaper than King Soopers. Oatmeal, for example, is $1 or $2 less. I have a Target REDCard that gets me 5% off all my purchases. What’s not to like?

I also like their weekly inserts. Unlike Macy’s inserts, the coupons are inside. This, of course, encourages you to thumb through them. It’s definitely worth it. Last week, I used a $5 coupon when I bought $15 worth of conditioner. It’s as good as the Bed, Bath and Beyond coupons I love so much!

I was there to buy some shorts for Jay for Father’s Day. They, too, were on sale, of course. They were $11.99. For a pair of men’s shorts! They’re casual, of course. Jay’s a casual guy. And he stills wears a size 32″. ;)

Today I Worked Out Our Credit Card Strategy For 2014

As 2013 draws to a close, it’s time for me to assess our credit card strategy for 2014. It’s definitely simpler than last year. In 2013, we closed some of the cards we opened in 2012, leaving us with:

- a Chase MileagePlus Explorer card, which gives us 10,000 bonus miles after spending $25,000, as well as 2x miles on United purchases and perks such as free checked bags on United, travel protection, etc.

- a Chase INK Bold Mastercard which gives us 5x points on Comcast, Verizon and office supply purchases, as well as 2x points on hotels.

- a Chase MileagePlus card which gives us 2x miles for all groceries, dining, home improvement and gas purchases. We use this for all these categories, except gas, for which we use our Costco American Express.

- a Costco American Express card which we use for all Costco and gas purchases. We get a 4% reward on our gas purchases.

- a Target REDcard debit card which I use to get 5% off all my Target purchases.

So far we’ve earned close to 150,000 miles/points in 2013. That’s a far cry from what we earned in 2012 (325,880), when I opened and closed a number of cards. But, still it’s about six round trip tickets to Calgary, not to mention the hundreds of dollars I saved in checked bag fees.

So, my 2014 strategy? Basically, I’m going to stick with status quo for now. I’ll be on the lookout for new card offers with signup bonuses and might do that once or twice to earn an extra 40,000 to 50,000 miles. But I’m pretty much happy with the cards and the rewards we have, right now.

 

Today I Got My Target REDcard

My Target REDcard arrived in the mail and my plan to use it to buy Target gift cards online worked perfectly!

Now I can save money and earn miles:

- I can save 5% whenever I shop at Target using my REDcard.

- I can save money AND earn miles by buying Target gift cards online with my MileagePlus VISA. Plastic Jungle sells Target gift cards at a 5% discount. If you access their site by going through TOPCASHBACK, you save an additional 4%. If you’re lucky, you’ll be able to buy plastic gift cards. But, more frequently, you’ll only be able to get Target eCodes. No problem! Just use the eCodes to buy plastic Target gift codes at Target.com. Buy slightly more gift cards than you actually have eCodes for, and pay the balance using your Target REDcard. Voila, free shipping!

As I said earlier, I don’t know that I’ll always go through the hassle of getting the discount Target eCodes and then ordering plastic cards online. But it’s an option if I want/need miles. And it’s a way to boost the spending on my Visa in order to meet spending requirements for bonus miles, something I need to do now that my Chase INK Bold card has arrived.


Today I Applied For a Target REDcard

Target is currently offering a rewards credit card (the REDcard). You automatically get 5% off when you use it at Target stores and on Target.com. You also get free shipping when purchasing at Target.com, with no minimum purchase required.

There’s no annual fee. Since I always pay my credit card balances in full, I don’t care about the card’s interest rates or late fees.

It’s a no brainer for me. I love Target and there’s a brand new one being built nearby. I’m hoping it’s one of the Super Targets or Greatlands, with a robust grocery section. Their prices are lower than King Soopers for many items.

I hesitated to apply for it as I knew I’d miss getting 2x miles on my MileagePlus card. But a 5% discount is a better deal and I’ve found a way to continue to get both the 5% discount AND miles (though only 1x miles, not 2x).

Plastic Jungle (see sidebar) offers Target gift cards at a 5% discount. Trouble is, most of them are eCodes, not physical, plastic cards. BUT I can order them online, paying with my MileagePlus card to get miles, and then turn around and use the eCodes to order actual plastic Target gift cards from Target.com. Brilliant!

So, why even bother getting the Targed REDcard you may ask? Well, for times when I don’t happen to have a Target gift card with me, of course. But also, because Target charges for shipping gift cards. Whenever I order the Target cards online I plan to always order a little bit more than the value of the ecodes I’m redeeming. I will use my REDcard to pay the balance and, voila, free shipping!

I don’t know that I’ll always go through the hassle of getting the discount Target eCodes and then ordering plastic cards online. But it’s an option if I want/need miles. And it’s a way to boost the spending on my Visa in order to meet spending requirements for bonus miles.

What I DO know is that saving 5% on ALL my Target purchases leaves more money in my pocket.

I better get approved! But, if I don’t, I’ll just apply for the REDcard debit card as it also gives the same benefits.