Target has just announced an exclusive offer that allows the members of its free loyalty program, Target Circle, to purchase a PlayStation 5 for just $349 starting November 25. This rare opportunity comes as part of the industry-wide Black Friday weekend sale and marks one of the first times the hard-to-find console has been made available at such a discounted price.
Target Circle is the big box retailer's free to join loyalty program that works by awarding members 1% back on every purchase to redeem later. Shoppers simply need to sign up online or via the Target app to access member pricing and earn rewards.
Unlike paid subscription services like Amazon Prime or Walmart+, Target Circle is entirely free in exchange for sharing your contact information and allowing Target to market promotions directly to you. Members earn perks like birthday discounts and early access to sales in addition to the 1% back earnings on every buy.
So on November 25, Target Circle members can log in online or via the app and purchase a PlayStation 5 console for $349.99, a massive $150 discount. The deal applies to the standard PS5 with disc drive, not the discless Digital Edition. But considering supply constraints since launch and marked up reseller prices often hovering around $500 and higher, Target's offer stands out. Those lucky enough to secure one stand to save a lot on a system that rarely sees any discounts or promotions.