Target has issued a press release announcing they have a new price matching policy. These changes will go into effect Thursday. You will now be able to price match online retailers at Target.com. They have increased the time frame for submitting a price match from seven to 14 days. However, it is important to note that Target’s current price matching policy excludes Black Friday and Cyber Monday, so don’t expect to get price-matched deals during those shopping events. The full list of merchants that Target will price match for are:
Amazon.com, Babiesrus.com, BedBathBeyond.com, Bestbuy.com, BN.com, Buybuybaby.com, Costco.com, CVS.com, Diapers.com, DicksSportingGoods.com, Drugstore.com, Gamestop.com, JCPenney.com, Kmart.com, Kohls.com, Macys.com, Newegg.com, Officedepot.com, Petco.com, Petsmart.com, Samsclub.com, Sears.com, SportsAuthority.com, Staples.com, Target.com, Toysrus.com, Ulta.com. Walgreens.com, Walmart.com and Wayfair.com.
It is interesting to note that Target has included some club stores like Sam’s Club and Costco in their new price matching policy. These stores tend to have lower prices, but they also charge a yearly membership fee. They also tend to have bulk items comparable to Target’s items, but you won’t get the price match savings on those. Still, getting 5 percent off your club price match when you use your Target Red Card is an attractive proposition.
We also looked at how coupons play into the new policy. Coupons are added in before the price match. If, after coupons are applied, the price is still lower at the other merchant, than Target will match it.
FatWallet users will also need to factor in the cash back that other merchants may offer. While we certainly hope Target will be a cash back merchant in the near future, currently we are unable to offer cash back when you shop at Target. So even if they match Walmart’s prices, you will still save 1.5 percent at Walmart in the form of cash back. You will recall that Target caused quite a stir last year when they announced free shipping for the Black Friday and Cyber Monday shopping season, so there will be a lot to consider this holiday season.
For a full list of cash back stores, click here.