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Check your Target receipt. It should say what the return date is. I bought my iPad mini at Target as well with the red card and it does state the return date and also states what the return amount would be since you already got the red card discount. I don't have the receipt on me at the moment but I believe it was just 14 days from the date of purchase. I will double check and edit this post when I get back home.

Edit: I checked my receipt and I bought the iPad mini on 11/13.2012/ The return by date is 01/24/2013, so that is about 70 days or so. I may do just that. Return my iPad mini Wi-fi and exchange for the iPad mini LTE. Something to think about.
 
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My receipt shows 60 days from purchase date for refund. I believe it is 60 days for purchases during November and December.
 
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When I bought my iPad 3, it was 45 days. Now longer because of the holidays.
 
Date is on receipt. You can return it even if you opened it. Just call your local Target and ask for electronics. I called 7 Targets in my city because I wanted to make sure I could return it if its opened. They all said the same thing.
 
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