Cheap Cheerios @ Target

Target has been doing a new thing lately where if you buy X product, they will give you a gift card. The amount varies by promotion, but with a little investment and some coupon knowledge, you can easily turn these giftcards into some seriously cheap (or even free) groceries!

This week's grocery deal is on Cheerios. When you purchase 4 select Cheerios 14oz or Honey Nut Cheerios 12.5 oz for $11, you will recieve a $5 Target gift card for next time. Print off two $1/1 coupons (remember to use your back arrow, refresh, retry) here and here or use your Cheerios Challenge coupons to drop the price down to $7 before the gift card. Best part: Target has no limit on the amount you can purchase, if you have access to multiple computers, you'll be able to print more coupons for more trips.

We'll be stocking up. My 3 year old loves to snack on Cheerios! Plus, I still have a $5 gift card from the Kashi deal a couple of weeks back. I knew there was a reason I loved Target!