Target Gift Cards
Target is holding its one-day sale on in-store gift cards on Sunday. Thanksgiving Day shoppers with loaded up carts during the 'Black Friday' sales at a Target store in Culver City, California on November 24, 2016. US retailers kicked off the unofficial start of the holiday retail season with sales that begin on the Thanksgiving holiday. Getty Images/MARK RALSTON

The time has finally come for the annual Target (TGT) gift card sale. The one-day event starts and ends on Sunday, and it’s a super deal that you certainly won’t want to miss out on.

Through the one-day sale, Target shoppers will be able to get their hands on up to $300 worth of in-store gift cards with an added 10 percent off to total price, according to KPRC. The deal is offered by Target both in-store and online, allowing consumers to get in on this discount pretty easily.

This is the only day of the year that Target discounts its in-store gift cards, allowing shoppers to save even more on its merchandise during the holiday season. The gift card deal doesn’t extend to other retailers’ gift cards that are sold at Target stores.

If you are looking to redeem your gift card purchased Sunday immediately, you’ll have to wait as they cannot be redeemed until Monday at 10 a.m. both in-store and online, the news outlet reported. Other Target gift cards purchased before Dec. 2 can be redeemed at any time.

Minimum gift card purchase is $10, and there is a limit of one $300 gift card transaction at Target.com, according to KPRC.

As of this morning Target stock was down 2.75 percent to 69.0.