There have been some new changes to the new 2012 Target coupon policy. My wife loves Target, I actually like shopping there as well. I REALLY like the Target coupons and wish Walmart would jump on board with that. Can you imagine what a difference shopping there would be like if they had Walmart store coupons and they started doing the $5 gift card deals like Target does.

Anyway, there are a few BIG changes at Target that you need to be aware of if you shop there. This is the coupon policy ONLY, we can talk about the price match policy tomorrow!

At this point the Walmart coupon policy in my opinion is much better as far as not making it complicated. Target wins because of the mobil and Target store coupons and having more options.

The game changer is overage at Walmart. Target is adjusting down the coupon and not giving overage. 

The biggest changes for Target: 

• Limit of 4 identical coupons per household, per day (unless otherwise noted on coupon).
• Returns of items purchased using Manufacturer Coupons may receive coupon value returned in the form of a Target GiftCard.

Target stores coupon policy
Manufacturer and Target Coupons:

• Target accepts one Manufacturer Coupon and one Target Coupon for the same item (unless prohibited by either coupon).
• Sadly Walmart does not have Walmart store coupon
• We reserve the right to accept, refuse, or limit the use of any coupon.
• Limit of 4 identical coupons per household, per day (unless otherwise noted on coupon).
• Walmart does not have a limit (after 40 a CSM will be needed to turn the key)
• All valid coupons should be presented to the cashier during checkout.
• Item purchased must match the coupon description (brand, size, quantity, color, flavor, etc.).
• Coupon amount may be reduced if it exceeds the value of the item after other discounts or coupons are applied.
• If coupon value exceeds the price of the item, the excess may be given to the customer as cash or applied toward the basket purchase.
• We can’t give cash back if the face value of a coupon is greater than the purchase value of the item.
• If coupon value exceeds the price of the item, the excess may be given to the customer as cash or applied toward the basket purchase.
• All applicable sales taxes are paid by the guest at the full value of the item.
• These guidelines apply to all coupons accepted at Target (Color Checkout Coupons, Internet Coupons, •Mobile Coupons, Mailed Coupons, Coupons from Newspapers and Magazines, etc.).
• Great Value, Marketside, Equate, Parents Choice, and World Table coupons have no cash value and are ineligible for cash back or application to the basket purchase.

Target Internet (Print-at-Home) Coupons:   

• We gladly accept valid internet coupons that contain a clear and scannable bar code.
• We do not accept internet coupons for free items with no purchase requirements.

Walmart Print-at-home internet coupons

• Must be legible
• Must have “Manufacturer Coupon” printed on them
• Must have a valid remit address for the manufacturer
• Must have a valid expiration date
• Must have a scannable bar code
• Buy one, get one free (BOGO) coupons with a specified price
• Are acceptable in black and white or color
• May not be duplicated

Target Mobile Coupons:

• Guests can receive Target Mobile Coupons by signing up for Text Alerts at Target.com/mobile or by texting COUPONS to 827438 (TARGET).
• Message and data rates may apply.  See site for full details.
• To redeem, simply show your coupon barcode to the cashier.  With one simple scan, all applicable coupons are applied.

Walmart does not have or accept Mobil Coupons 🙁

Target Buy One Get One Free Coupons (BOGO):

• BOGO coupons cannot be combined (i.e. you cannot use two BOGO coupons on two items and get both for free). Unless stated otherwise on the coupon, the use of one Buy One Get One Free coupon requires that two of the valid items are presented at checkout of which one item will be charged to the guest and the 2nd item will be discounted by its full retail price.
• A second cents-off coupon of the same type cannot be redeemed towards the purchase price of the first item.
• If a Target BOGO coupon is used, one additional manufacturer coupon may be used on the first item.
• If a Manufacturer BOGO coupon is used, one additional Target coupon may be used on the first item.

Walmart BOGO Coupons: 

• A specific item for a specified price, for example, $2.99
• Buy one, get one free (BOGO) coupons for items with a specified price
• Have a valid expiration date
• Are acceptable in black and white

Target Returns:

• Returns of items purchased using Manufacturer Coupons may receive coupon value returned in the form of a Target GiftCard.

Target Exclusions:

• Coupons are void if copied, scanned, transferred, purchased, sold, prohibited by law, or appear altered in any way.
• We regularly monitor the Coupon Information Corporation (CIC) website for counterfeit coupons.  We do not accept counterfeit coupons.
• We can’t accept coupons from other retailers, or coupons for products not carried in our stores.
• Some items may not be available at all stores.
• We do not accept expired coupons.
• We do not accept Canadian coupons in our US stores.