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AmEx for Target: $400/week credit card ATM withdrawals for 1.3%+ in certain cities

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Old Feb 8, 2014, 2:22 pm
FlyerTalk Forums Expert How-Tos and Guides
Last edit by: weezl
please be aware the Target breach cards are currently on the black market, as always be aware of activity on all accounts

Purchase in store. Each store seems to have just one lane that has them on display (unlike the AMEX GC which are at most lanes). Package is larger than other gift cards, silver and red.

Not available in all states. Search here for possible locations

Note: Unlike AMEX's restriction on BB/Serve/Redbird where one person can only hold one of those, you can have an AFT (2, actually) while holding a BB, Serve, or Redbird

Need DL to purchase.
Max 1 purchase per ss# per day--this means one person can actually have 2 AFT cards, which is why there is a $5000 total limit for 2 cards (see below).
Max initial load $500 + $3 load fee.

May reload temp card as soon as verification of identity is complete, may take 48 hours. You can use an ATM with a temp card as soon as you're able to view your temp card PIN online. If you're unable to view your PIN online, you won't be able to use an ATM until you have the permanent card, which takes about two weeks.

Many stores now limit reloading to the service desk, and no longer at cashiers. The card must be swiped at a cash terminal to reload, not scanned! Ask cashiers to try if they don't seem to recognize the card. Ask if loading at service desk is a policy, it might just be a knee-jerk response from cashiers that don't know about the card. I have been told that a few times, "You need to go to the Service Desk," it has never been true. Say please and thank you.

Limits & Fees
Loading
Codes as purchase on all cards.
Load fee $3
Max $1000 per card in 24 hour period.
Max $5000 total for both cards per 28 day rolling period.
May load any card *until* balance is $2500 for 28 day period (not *up to*)

System will allow a $1000 load on a card with a $2000 balance so long as you are under $5000 for all cards over 28 day period. See below for optimal load sequence, $15/$5k a month after 1st month and $15k in 65 days for new cards.

Unload via ATM
Max $400/card/day (resets sometime in the wee hours of the morning)
First ATM w/d per month per card is free, based on 1st of the month (not rolling)+ any ATM owner fee.
Additional ATM w/d fee $3 + ATM fee.

When asked 'from account' choose 'checking.'

Possibly helpful link:
Free and Low-Cost ATMs

Unload by purchases
No fee. No cash back.

Additional information

Optimal load pattern for least number of $3 fees after first $500 load is $3k/$2k.
New accounts can load $15k in 65 days. 4 trips in a week for new cards, 3 in a week once a month after that.

Load always means load $1000. 28 day load total in parenthesis. 'Dropped' means that load is past the 28 day mark.


Day 1: Purchase card #1, load $500
Day 3: Purchase card #2, load $500; Load card #1 ($1500)
Day 5: load card #1 ($2500); load card #2 ($1500)
Day 7: load card #2 ($2500)
*********************************wait************
Day 29: ($2000)($2500) day 1 dropped
Day 31: ($1000)($2000) day 3 dropped
Day 32: load card #1 ($2000) ; load card #2 ($3000)
Day 33: ($1000)($2000) day 5 dropped
Day 34: load card #1 ($2000); load card #2 ($3000)
Day 35: ($2000) ($2000) day 7 dropped
Day 36: load card #1 ($3000), ($2000)
*********************************wait************
Day 61: load both cards, day 32 dropped
Day 63: load both cards
Day 65: load one card.

Repeat Loads waiting 29 days between loads, if you loaded both cards 29 days ago load both now, if you loaded one card, load one now. So next load date is 61+29= Day 90

FAQ

Q: Will this show up as a CA?
A: No, Target is not a financial institution.

Q: Even with xxxx cards?
A: Yes, no cards will be charged a CA.

Q: Can I load with Visa/MC/Amex Gift Cards?
A: Yes. Also the balance can be detected and drained if you ask to load more than the value on a prepaid it will just prompt you to give a second payment form. Great for draining random balances.

Q: How about Target gift cards?
A: The register prompts not to allow Target gift cards. They may not be hard coded, though.

Q: Will I get 5% off if I load with a Target Red card?
A: No. Sorry, I wish.

Q: Can I load multiple cards in one transaction?
A: Yes. Up to 3 cards can be loaded in one transaction, but each card will be charged $3.

Q: Why load multiple accounts in one transaction?
A: to avoid multiple $1003 transactions on same CC in minutes. This may trigger a fraud alert.

Q:Is there a max number of payment swipes?
A: Yes. Maximum swipes for split payments is 7, though other users have reported being able to swipe at least 10 gift cards for payment without problems.

Q: Any reason not to load multiple cards in one transaction?
A: Yes, when you have multiple small value gift cards to unload because of 7 swipe limit.

Q: The title says withdrawals are 1.3%, is that true?
A: No. Do the math. I'm not very good at math. Under 1.3% includes Costco ATM fees. It is not possible to edit a thread title, the fees are lower due to the ATM limit now being $400.

Q: What are the lowest possible fees with a fee-free ATM available?
A: For 2 cards, each loaded with $2.5K each over 2 months ($10K in total), you would pay $30 in loading fees (10 load fees of $3 each) and $63 in ATM fees (25 total withdrawals, with 1 free withdrawal per card each month, resulting in 21 ATM fees of $3 each).


Official fund loading from T&C

You may load funds to your Cards using your Funding Source until the Available Funds on any Card purchased by you equals $2,500 and on all card purchased by you equals $5,000... Not more than $1,000 may be loaded to any Card purchased by you in a 24 hour period using your Funding Source, not more than $5,000 may be loaded to all Cards purchased by you in any 28-day period using your Funding Source.

IMPORTANT MESSAGE IF YOU LOADED YOUR PREPAID CARD AT TARGET DURING THE CHRISTMAS SECURITY BREACH: It is important to have AMEX reissue your cards (just phone the number on the card and ask for a new card). Thieves have the numbers and pins and can drain your account at any time. AMEX does not appear to be using software to block suspicious activity, so they can drain it all. If you loaded your prepaid card at Target between November 27 and December 15, 2013, you are at significant risk of having your money stolen (several reported cases in April and May).
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AmEx for Target: $400/week credit card ATM withdrawals for 1.3%+ in certain cities

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Old Jan 15, 2013, 12:32 pm
  #271  
 
Join Date: Mar 2002
Location: OR
Posts: 1,535
Can you reload using the temp card once your info is verified by AMEX? Or you have to wait for the permanent card for reload.
neuro0 is offline  
Old Jan 15, 2013, 12:37 pm
  #272  
 
Join Date: Nov 2012
Posts: 657
you can reload the temp card
drdrew450 is offline  
Old Jan 15, 2013, 12:38 pm
  #273  
 
Join Date: Jun 2011
Location: SFO
Programs: Hilton-Gold
Posts: 706
You cannot load temporary card and need to wait for permanent card. It will come in 7-10 days generally.
concordian is offline  
Old Jan 15, 2013, 12:38 pm
  #274  
 
Join Date: Dec 2003
Location: Brooklyn, NY, United States
Programs: AA, BA, UA, Spirit, Delta, PC Plat, SPG Gold, HHonors Diamond, Club Carlson Gold, Marriott Gold
Posts: 1,735
Originally Posted by drdrew450
you can reload the temp card
I was told no.
mnscout is offline  
Old Jan 15, 2013, 1:48 pm
  #275  
 
Join Date: May 2011
Location: Ann Arbor
Programs: Delta GM, Hilton
Posts: 192
Has anyone encountered a limit on the number of gift cards used for funding at target? I have 20 $50 GC that I would like to combine onto my target amex.
nep301 is offline  
Old Jan 15, 2013, 2:26 pm
  #276  
 
Join Date: Oct 2010
Location: ORD
Programs: AA, United, BA, Delta, MR, SPG, PC
Posts: 190
Originally Posted by nep301
Has anyone encountered a limit on the number of gift cards used for funding at target? I have 20 $50 GC that I would like to combine onto my target amex.
There is no limit. You can do as many cards as the cashier's patience allows.
AsanteSana is offline  
Old Jan 15, 2013, 3:02 pm
  #277  
 
Join Date: Nov 2012
Posts: 657
I was able to load both of my temporary amex for target cards before I got the permanent ones. you cannot load more than once in a 24 hour period.
drdrew450 is offline  
Old Jan 15, 2013, 9:31 pm
  #278  
 
Join Date: Aug 2011
Location: On the Lake USA
Programs: Marriott Ambassador, Hilton Diamond because they have nothing higher
Posts: 523
Quick question after rereading the first 9 pages of this thread.
Is the Carlson US Bank card coding as a purchase with Target Amex loads? Can't seem to find it Thanks
Nottafatslob is offline  
Old Jan 15, 2013, 9:50 pm
  #279  
 
Join Date: Jul 2012
Location: ATL
Programs: All of Them
Posts: 511
20 $50 cards eh... Someone had a good trip to OM. You can definitely load the temp card after allowing Amex 24-48 hours to verify your info
Richklhs is offline  
Old Jan 15, 2013, 9:51 pm
  #280  
 
Join Date: Jul 2012
Location: ATL
Programs: All of Them
Posts: 511
All your CC sees is a $1003 or whatever purchase from target. Unless you give them reason to look harder...
Richklhs is offline  
Old Jan 15, 2013, 9:58 pm
  #281  
 
Join Date: Aug 2011
Location: On the Lake USA
Programs: Marriott Ambassador, Hilton Diamond because they have nothing higher
Posts: 523
Originally Posted by Richklhs
All your CC sees is a $1003 or whatever purchase from target. Unless you give them reason to look harder...
Are you talking specific results with the card mentioned?
I understand what you are saying but USB gives me a bad taste many times

Thanks
Nottafatslob is offline  
Old Jan 15, 2013, 9:59 pm
  #282  
 
Join Date: Jul 2012
Location: ATL
Programs: All of Them
Posts: 511
Citi, Amex, chase, BofA, BofH no problems
Richklhs is offline  
Old Jan 15, 2013, 11:36 pm
  #283  
 
Join Date: Aug 2011
Location: On the Lake USA
Programs: Marriott Ambassador, Hilton Diamond because they have nothing higher
Posts: 523
Originally Posted by Richklhs
Citi, Amex, chase, BofA, BofH no problems
OK does that mean you don't know about the US Bank Carlson card??

Anybody else know?
Nottafatslob is offline  
Old Jan 15, 2013, 11:41 pm
  #284  
 
Join Date: Jan 2008
Location: LAS
Programs: DL PM, UA PS, Hyatt Globalist, Marriott Titanium
Posts: 4,904
Originally Posted by drdrew450
you can reload the temp card
I was just able to ATM off a temp card.
amolkold is offline  
Old Jan 16, 2013, 12:10 am
  #285  
 
Join Date: Aug 2012
Posts: 432
Originally Posted by amolkold
I was just able to ATM off a temp card.
Whoa
cardinalkid1891 is offline  


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