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Up to 5%
Cash back
$0
Annual fee
24.9%
Purchase APR (variable)
580
Recommended credit score
| Product Name | Target REDcard™ Credit Card |
|---|---|
| Card type | Mastercard |
| Annual fee | $0 |
| Purchase APR | 24.9% variable |
| Balance transfer APR | N/A |
| Interest free period | Up to 25 days |
| Late payment fee | Up to $38 |
| Returned payment fee | Up to $27 |
If you’re a Target regular, the Target REDcard™ Credit Card could be a great choice. You’ll get discounts when shopping at Target stores and online, free shipping and exclusive offers from Target. With no annual fee and the opportunity to take advantage of interest-free days, it’s easy to keep your credit card costs to a minimum.
Get a 5% discount on purchases at Target stores and online. This means you’ll save $100 for every $2,000 spent at Target stores.
Get an additional 30 days to make returns when you make a Target or Target.com purchase with your card.
When you make online Target purchases with the card, you’ll get free standard shipping on orders over $35.
On your REDcard anniversary, you’ll get gifts, special items, offers and coupons for 10% off.
With this card, you can save up to $200 when you spend $4,000 at Target in a year — online or in the store. For eligible purchases over $35 you won’t pay shipping, which can save you even more when you shop online.
You won’t pay an annual fee to own the card.
You may get early access to events, products and promotions, like Black Friday sales depending on your previous purchases and where you live.
Manage your account from your smartphone, tablet or computer to check your outstanding balance, review statements and make payments.
The card comes with relatively high APR on purchases of 24.9% variable. However, if you pay your entire balance by the due date, you won’t accrue interest.
Discounts can’t be used for gift cards, prepaid cards, prescriptions, eye exams, Target clinic services, credit card account payments, gift wrapping or wireless protection programs required by mobile carriers.
Late payments come with fees of up to $38 and returned payments have fees of up to $27.
To apply for the card, you must be at least 18 years old and a US resident.
You’ll also need to provide the following information:
You can apply with a fair credit score of 580 or higher. But to get a high credit line, apply with an excellent credit score.
Satisfied customers love the 5% discount and the additional perks that come with this card. Those with complaints talked about poor customer service, hidden fees and lack of credit line increases even after years of using the card.
TD Bank USA, the issuer of the card, has been accredited by the Better Business Bureau and receives an A+ rating. Overall, you can avoid some potential issues by thoroughly reading and understanding your card agreement.
It may take up to 10 days to get a decision on your application.
Once approved, you’ll get your card, agreement and any welcome materials in the mail within seven to 10 business days.
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If you’re a loyal Target customer, this could be a great card for you. You’ll get a 5% discount on all purchases, extended return period, free shipping and other cool extras.
However, if you’re not sure whether this card is the right pick for your needs, check out other store cards or cashback cards to compare your options.
