According to Doctor of Credit website:
(Hopefully no one lost money. I tried to warn you guys with an earlier post.)
https://www.doctorofcredit.com/target-deactivating-some-gift-cards-bought-on-10-sale/?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+DoctorOfCredit+(Doctor+Of+Credit)
Déjà vu.
Target is again deactivating some gift cards purchased on Sunday’s 10% off sale. Similar things happened in 2017 and 2016.
In the past, it was only when multiple cards were purchased with the same credit card that they deactivated them, I assume this time is the same. Not sure if they track across stores or only when the same card was used at the same store more multiple times. If you ordered more than one $300 gift card online, it’s possible they’ll deactivate those duplicates as well.
All cards got activated at 10 am this morning, and some got subsequently deactivated. I don’t think everyone who bought more than one $300 gift card on the same credit card is getting deactivated, probably only the heavy hitters.
Last time they deactivated when people used a Target gift card to buy another Target gift card, and then didn’t refund the original gift card. They just stole the money and ran.
Check your Target gift card balance here