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The Seisuke Knife Festival takes place June 29 at DECK at the Queen Kapiolani Hotel from 4-8 p.m. This is its first time in Hawaii, with festivals in Ishikawa, Japan, and Portland, Oregon, since 2014.

The 5% discount doesn't apply to certain purchases, though. For example, you won't get a 5% discount on prescriptions, Target Optical eye exams, or Target gift cards and prepaid cards.

The Kershaw Misdirect Pocket Knife is on sale on Amazon for just $27 right now, a 30% markdown on its normal price of $38.