Target REDcard

in Personal Credit Cards

Claimed Visit Site

Target REDcard


in Personal Credit Cards

SuperMoney Net Recommendation Score -100% Recommendation score measures the loyalty between a provider and a consumer. It's at +100% if everybody recommends the provider and at -100% when no one recommends.

Strongly not recommended

0 users recommend
0 users are unsure
1 user doesn't recommend
Cast your vote
Cast your vote

Would you recommend Target REDcard to your friends?

Thanks for your vote!

Thanks for your vote!

You voted: May or may not recommend


Target’s store card: REDcard, has been around since 1995. Although back then it was called Target Guest Card. As a store card, it can only be used to make purchases at Target stores or at

The card comes in two flavors: a credit card or a debit card. The cards offer shoppers exclusive discounts and perks. The credit card is issued by TD Bank USA, the largest bank in Canada and 19th largest in the world.

The debit card version is issued by Target and works like a check drawing directly from your checking account. There is no annual fee and you can withdrawal up to $40 when you go through an in-store checkout.

Who is Target REDcard’s Credit Card Designed For?

Target REDcard is designed for frequent shoppers at Target stores and who have fair to good credit and want to save money on their purchases. Its free shipping on purchases make it an attractive option for avid online shoppers.

What are the Rates for Target REDcard’s Credit Card?

Target’s REDcard has a rate of 24.40% APR that applies to all cardholders, regardless of their credit history. There is no penalty rate on late payments, but there are fees to consider. This is a store card, not a regular credit card, so it doesn’t allow for balance transfers or cash advances.

What Are the Fees for Target REDcard’s Credit Card?

Target REDcard doesn’t have an annual fee or an overlimit fee. It does, however, charge a $38 on late payments and a $27 fee on returned payments.

What Is Target REDcard’s Credit Card Rewards Program Like?

Target REDcard doesn’t have a traditional rewards program with points, cashback or miles. Instead it gives shoppers a 5% discount on all purchases, with the exception of pharmacy and gift card purchases. Target’s pharmacy has a separate program with similar terms.

Although a 5% discount may not seem as sexy as a regular rewards program, it provides immediate savings, there are no minimum amounts, and the rewards rate is much higher than most cashback programs.

What about Target REDcard’s Signup Bonus?

Target REDcard does not offer a signup bonus at this time.

Does Target REDcard’s Visa Signature® Credit Card Have Any Other Benefits?

Target REDcard members receive free standard shipping to all 50 states at Notice that shipping fees will apply if you upgrade from standard shipping.

Cardholders also receive 30 extra days to return purchases. There are few exceptions, such as mobile phone purchases and items that have a fixed return date.

The 5% savings and other shopping perks are in addition to Target’s Cartwheel discounts and coupons.

How Is Target REDcard’s Special Connections Visa with Rewards Better Than Other Credit Cards?

Target REDcard’s 5% discount, free shipping and extra month to return purchases make it a solid option for frequent Target shoppers but it cannot be used anywhere else. Although marketed as a 5% discount, the Target REDcard offers a higher rewards rate than most store card programs and there are no annual fees or penalty rates to worry about.

The rate is high when compared to traditional credit cards, but it is comparable to the APR charged by most store cards. Needless to say, using this card for its rewards (as generous as they are) only makes sense if you pay off the balance on your card every month as carrying a balance on this card will cancel any savings or perks you may have otherwise enjoyed using the card.

SUPERMONEY Disclosure: is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...


  • Headquarters
  •   P.O. Box 1237
    Minneapolis, MN 55440 USA
  •   Visit Site


Alaska Alabama Arkansas Arizona California Colorado Connecticut Washington, D.C. Delaware Florida Georgia Hawaii Iowa Idaho Illinois Indiana Kansas Kentucky Louisiana Massachusetts Maryland Maine Michigan Minnesota Missouri Mississippi Montana North Carolina North Dakota Nebraska New Hampshire New Jersey New Mexico Nevada New York Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Virginia Vermont Washington Wisconsin West Virginia Wyoming
  Available in 50 states and Washington, D.C.
  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • Washington, DC
  • Florida
  • Georgia
  • Hawaii
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Hampshire
  • New Jersey
  • New Mexico
  • New York
  • North Carolina
  • North Dakota
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Vermont
  • Virginia
  • Washington
  • West Virginia
  • Wisconsin
  • Wyoming

Feature Breakdown

Grace Period for Late Payment (Days) 25
Annual Fee $0
No Annual Fee  
Late Payment Penalty $38
Returned Payment Fee $27
Minimum Interest Charge $1
Minimum Age 18
Credit Score Range 640 - 750
850 300 640 750
Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
Employment Statuses Considered
  • Employed Full-Time
  • Employed Part-Time
  • Other
  • Retired
  • Self-Employed
  • Unemployed
Military Status
  • Active Duty Military
  • Military Dependent
  • Non-Military
  • Veterans
Supported Income Types
  • 1099 Misc. Income
  • Cash
  • Direct Deposit (W2, SSA, SSDI)
  • Payroll Check or Prepaid Card
Customer Type Personal
Every Purchase 5% Off
Purchase APR (Variable APR) Starting at 24.4%
Balance Computation daily balance



Would you recommend Target REDcard to your friends?

Before we publish your vote:

Please explain your vote by sharing your experience.

Writing a review increases the credibility of your vote and helps your fellow users make a better-informed decision.

Please write a review to submit your vote
Cancel my vote
(will require moderator approval)

Other Personal Credit Cards