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

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

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Old Dec 7, 14, 10:52 am   -   Wikipost
Please read: This is a community-maintained wiki post containing the most important information from this thread. You may edit the Wiki once you have been on FT for 90 days and have made 90 posts.
 
Last edit by: weezl
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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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Old Dec 28, 14, 11:06 am
  #3106  
 
Join Date: Aug 2012
Location: SEA
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Originally Posted by Blootch View Post
Anyone else having trouble loading with VGCs? I've been sitting on two that I had intended to feed to Kate...after several fruitless trips to WM, figured I would just load my AFT. Went to service desk as I always do and the rep told me "oh no, you can't use any of those gift card types to load"

Perhaps this is a YMMV. Seemed strange
Bad interpretation of the "no Target GC" policy.
EkekoBWI is offline  
Old Dec 28, 14, 6:35 pm
  #3107  
 
Join Date: Apr 2014
Posts: 137
delete.

Last edited by seahawksunite; Dec 28, 14 at 7:47 pm
seahawksunite is offline  
Old Dec 29, 14, 10:47 am
  #3108  
 
Join Date: Sep 2011
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Originally Posted by andimal View Post
Has anyone gotten this error message when trying to add their second card to the online account?
"Authentication failed. You have exceeded the maximum attempts allowed for authentication and your session has been ended. Please contact Customer Service at 1-888-872-9105 for assistance."
CS was clueless about this error, but tried a variety of things to reset the account, none of which worked. Any ideas?
Yes. Several reports. Unfortunately, you probably need to create a second login for the second card. One person reports an unintended benefit from this though (search this thread ).
FindAWay is offline  
Old Dec 29, 14, 12:18 pm
  #3109  
 
Join Date: Dec 2013
Posts: 25
Is this card discontinued? I went in 5 targets, all 5 had no cards and 1 of those 5 had an empty rack showing where the cards would have been. The other 4 targets had no rack at all. I dont know if I should keep checking back at the 1 with the empty rack for a new shipment.
bugjuice11 is offline  
Old Dec 29, 14, 12:36 pm
  #3110  
 
Join Date: Sep 2007
Posts: 166
Originally Posted by FindAWay View Post
Yes. Several reports. Unfortunately, you probably need to create a second login for the second card. One person reports an unintended benefit from this though (search this thread ).
Definitely interested in that. Unfortunately, trying to create a new account gives me the same error message!
andimal is offline  
Old Dec 29, 14, 2:36 pm
  #3111  
 
Join Date: Sep 2008
Posts: 116
anyone else having problems loading their cards? I have $3700 on my two cards with 4 $1000 transactions in the last 30 days (2 on each) and I can't get the last $1000 to load. I may just hit the ATM and try again.
trubador is offline  
Old Dec 30, 14, 7:02 am
  #3112  
 
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Originally Posted by bugjuice11 View Post
Is this card discontinued? I went in 5 targets, all 5 had no cards and 1 of those 5 had an empty rack showing where the cards would have been. The other 4 targets had no rack at all. I dont know if I should keep checking back at the 1 with the empty rack for a new shipment.
It depends on location. They're still all over our Utah Targets....
bworrell is offline  
Old Dec 30, 14, 7:23 am
  #3113  
 
Join Date: Dec 2013
Posts: 25
Originally Posted by bworrell View Post
It depends on location. They're still all over our Utah Targets....
thank you for letting me know.
bugjuice11 is offline  
Old Dec 31, 14, 8:49 pm
  #3114  
 
Join Date: Aug 2014
Posts: 336
They shut my account down with no notice.

Logged in today and it says "closed."

Called and they told me I have to call back in 3-5 days, the account is being reviewed internally.

The last time I used my card (bout a month or two ago) I had a failed load at Target, and had to go through all the hoops (faxing in, etc) to get them to straighten it out.

My balance is only a dollar but I can't get it in any way. Thank god it wasn't higher!
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Old Jan 25, 15, 1:39 am
  #3115  
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Please continue the discussion at http://www.flyertalk.com/forum/manuf...et-2015-a.html
cbn42 is offline  

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