Y'all do realize that what we were exploiting before was "the glitch" and as it stands now, it's working correctly... right? I'm as dreamy as any that it will revert to being broken so we can continue to exploit... but all indicators are pointing to Target simply fixing their system so that 3rd party GCs no longer qualify for 5% off -- in store or online. This is how it should have been all along.
Unfortunately this shuts down the simplest way of saving which I've done for years, that is simply buying Disney cards at Target to pay for your Disney trip and getting 5% off.
You can still churn on the EBucks side, but it is much less profitable, as the 5% from Target was the most valuable part of the churn process. Getting that 5% right away was so important! $600 for $570 every time, accumulating an immediate $30 in gift card value per $570 spent. Repeat 5 times ($3000 thru Target) and you've earned a new $150 Target card. No waiting 5 months for Ebates or Ebucks.
I'm guessing Target was losing millions of dollars on this mistake of coding Disney cards as something that qualified for 5% off. I bet their margin isn't even 5% on the cards! I alone made over $3000 off Target
this year and I'm just one person. Multiply me by 1000 or 10,000 or however many people you think are doing this, and you can see that Target was losing money hand over fist.
It was a great run, but I do not share the optimism that what we're looking at in the current state is just a glitch. It is too accurate of a fix. Now in one cart, with GCs and goods, the goods are qualifying for the 5% but the GCs are not. That is pretty clear cut.
FWIW, went to Target today, and had no problem buying Disney cards in store, paying face value and paying with Gift Cards. So the issue is not buying GCs with GCs, rather, that now, gift cards of all types no longer qualify for 5% off.