How Target Credit Card Works

Target offers two primary credit cards for its customers: the Target REDcard Credit Card and the Target REDcard Debit Card. These cards are designed to provide various benefits and discounts to Target shoppers. Here's how the Target credit cards work:

1. Target REDcard Credit Card:

Application and Approval:

• You can apply for the Target REDcard Credit Card in-store or online. Approval is based on your creditworthiness, and a credit check is typically performed during the application process.

Credit Limit:

• The credit limit on the Target REDcard Credit Card is determined based on your credit history and other factors. It is a revolving credit card, so you can carry a balance, but it's important to pay your balance in full each month to avoid interest charges.

5% Discount:

• One of the primary benefits of the Target REDcard Credit Card is the 5% discount on eligible Target purchases. This discount is automatically applied at the checkout, both in-store and online.

Free Shipping:

• Cardholders also get free shipping on eligible Target.com purchases, which can be especially valuable for online shoppers.

Extended Returns:

• With the Target REDcard Credit Card, you can enjoy an additional 30 days for returns and exchanges beyond the standard return policy.

Special Promotions:

• Cardholders often receive exclusive promotions and early access to sales events, allowing them to access discounts and offers not available to other customers.

No Annual Fee:

• The Target REDcard Credit Card typically does not have an annual fee.

Online Account Management:

• Cardholders can manage their accounts online, making it easy to check statements, make payments, and monitor account activity.

2. Target REDcard Debit Card:

The Target REDcard Debit Card is linked to your existing checking account. It offers many of the same benefits as the Target REDcard Credit Card, including the 5% discount on eligible purchases and free shipping at Target.com. However, it does not involve a credit check, as it's not a credit card. Instead, it deducts purchases directly from your checking account like a regular debit card.

It's important to use both Target REDcard options responsibly, as with any form of payment. Pay your balances in full and on time if you have the credit card to avoid interest charges. If you have the debit card, ensure you have sufficient funds in your linked checking account to cover your purchases. These cards are primarily beneficial for frequent Target shoppers who can maximize the discounts and benefits they offer.