How Does LendingTree Get Paid?
LendingTree is compensated by companies on this site and this compensation may impact how and where offers appear on this site (such as the order). LendingTree does not include all lenders, savings products, or loan options available in the marketplace.

How Does LendingTree Get Paid?

LendingTree is compensated by companies on this site and this compensation may impact how and where offers appear on this site (such as the order). LendingTree does not include all lenders, savings products, or loan options available in the marketplace.
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Advertising Disclosure
LendingTree is an advertising-supported comparison service. The site features products from our partners as well as institutions which are not advertising partners. While we make an effort to include the best deals available to the general public, we make no warranty that such information represents all available products. We are compensated by companies on this site and this compensation may impact how and where offers appear on this site (such as the order).

Advertising Disclosure

LendingTree is an advertising-supported comparison service. The site features products from our partners as well as institutions which are not advertising partners. While we make an effort to include the best deals available to the general public, we make no warranty that such information represents all available products. We are compensated by companies on this site and this compensation may impact how and where offers appear on this site (such as the order).
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American Express Disclosure
Terms apply to American Express benefits and offers. Visit americanexpress.com to learn more.

American Express Disclosure

Terms apply to American Express benefits and offers. Visit americanexpress.com to learn more.

Target REDcard™ Credit Card Review

LendingTree's Review

How LendingTree Rates Credit Cards?

Our experts rate credit cards based on several factors including card benefits, bonus offers and independent research. Credit card issuers do not influence or have a say in our card ratings. Read our credit card methodology here.
2.2
Target REDcard™ Credit Card
Rewards rate
5% off at Target in-store and online
Annual fee
$0
Additional benefits
Free shipping on most Target.com items
Editorial Note: The content of this article is based on the author’s opinions and recommendations alone. It was not reviewed, approved or otherwise endorsed by the credit card issuer. This site may be compensated through a credit card issuer partnership.
Citi is an advertising partner.

Our take: Target REDcard™ Credit Card is a must-have for frequent Target shoppers. Getting 5% off at Target in-store and online allows you to rack up savings on everyday purchases and grocery hauls. Plus, perks like free two-day shipping make shopping at Target more convenient.

Pros and cons

Pros

  • 5% off at Target in-store and online
  • Discount applied automatically
  • $0 annual fee
  • Free two-day shipping
  • Extended returns

Cons

  • Can only be used at Target
  • High interest rates
  • No 0% intro APR
  • Discount does not apply to all Target purchases

Is the Target REDcard™ Credit Card worth it?

Target regulars, take note: You won’t find better Target savings and perks outside the Target REDcard™ Credit Card. When you use your Target REDcard™ Credit Card, you’ll get 5% off at Target in-store and online automatically – the discount is applied at checkout. Plus, shopping at Target will be more convenient with valuable perks like free two-day shipping and an extra 30 days for returns. And you won’t have to worry about an annual fee – it’s $0.

If you want a credit card you can use outside of Target, this card is not for you. The Target REDcard™ Credit Card is a store card, which means you can only use it in Target stores and online at Target.com. You should also look elsewhere if you tend to carry a balance. The card’s high APR – currently 29.95% (variable) – can land you in financial hot water if you don’t pay off your card every month.

What is a Target REDcard™ Credit Card?

Along with the Target REDcard™ Credit Card, Target offers other products under the RedCard trademark, including a debit card, a Mastercard and a RedCard Reloadable Account. All of these give you 5% off at Target in-store and online.

Quick facts

    • 5% discount at Target and Target.com
    • $0 annual fee
    • 29.95% variable APR
  • Recommended Credit
    Credit scores ranges may vary. Your individual chance at approval may vary due to factors such as creditors using a particular variation at their discretion
  • 660 720
    Good
  • Exclusive access to special items and offers
  • 5% off at any in-store Starbucks location
  • 5% off specialty gift cards for travel, restaurants and more
  • An estimated $500 in savings on baby supplies
  • Free two-day shipping
  • 60 day window for returns

Intro Purchase APR

N/A

Regular Purchase APR

29.95%

Intro BT APR

N/A

Regular BT APR

N/A

Annual Fee

$0

Cash Advance Fee

N/A

Foreign Transaction Fee

N/A

Balance Transfer Fee

N/A

Target REDcard™ Credit Card benefits

  • 5% off at Target in-store and online

    You can get 5% off at Target in-store and online with the Target REDcard™ Credit Card. Few cards without the Target RedCard trademark will give you more cash back at Target. And Target makes it easy to earn these rewards – your discount is automatically deducted when you check out. This is unique, since most cash back credit cards require you to take an extra step to redeem your rewards.

    The discount applies to clearance items, purchases at in-store Starbucks locations, subscription deliveries, specialty gift cards and same-day delivery orders through Shipt.

    Rewards: If you spend $2,400 at Target in a year – an average of $200 per month – you’ll get $120 in cash back.

  • Annual fee

    The Target REDcard™ Credit Card comes with a $0 annual fee. Target doesn’t charge for a membership program in order to use the card, so you’ll get your Target discount and perks without having to pay for a loyalty program. If you want to earn cash back with similar cards like the Costco Anywhere Visa® Card by Citi or the Prime Visa, you’ll have to cough up an annual membership fee.

  • Free two-day shipping

    When you use your Target REDcard™ Credit Card to shop at Target.com, you’ll get free two-day shipping on most items, saving yourself Target’s $5.99 standard shipping fee. Note that, if you tend to make large online orders from Target, this benefit may not make much difference to you. You can get free two-day shipping even if you don’t have a Target REDcard™ Credit Card as long as you spend at least $35 on your order.

  • Extended returns

    You’ll get 30 additional days to return a purchase beyond Target’s standard return policy when you pay with your Target REDcard™ Credit Card.

Target REDcard™ Credit Card drawbacks

  • Can only be used at Target

    Unlike traditional credit cards that you can use anywhere, you can only make purchases with the Target REDcard™ Credit Card at Target stores and Target.com. We recommend the Discover it® Cash Back if you want a rewards card you can use wherever you go.

  • High interest rates

    If you carry a balance on your Target REDcard™ Credit Card from month to month, you will be subject to a high APR of 29.95% (variable) on purchases. That said, store credit cards typically charge higher interest rates than traditional credit cards.

    Pro tip: If you want a Target REDcard™ Credit Card without the risk of racking up high-interest debt, consider the debit card version. It offers the same perks as the Target REDcard™ Credit Card. The difference is that when you make a purchase, your total will be withdrawn automatically from an existing checking account.

  • No 0% intro APR on purchases

    Unlike some store cards, the Target REDcard™ Credit Card doesn’t offer any type of financing for Target purchases. If you want to finance a large purchase like a TV or a piece of furniture and pay it off over time, consider using a card with a 0% intro APR. This will give you breathing room to pay off your balance before your card starts charging interest.

  • Discount does not apply to all Target purchases

    There are some exceptions to the 5% off at Target in-store and online. Exclusions include prescriptions, Target Optical eye exams and protection plans, Target gift cards and prepaid cards, certain restaurant merchants in Target stores, Shipt membership fees, alcohol purchases in Indiana, gift wrap and shipping and handling charges on Target.com purchases and wireless protection program purchases.

Alternative to the Target REDcard™ Credit Card

Compare it to the Discover it® Cash Back

| Disclosures
Discover it® Cash Back
Discover it® Cash Back
apply-now-icon Apply Now
on Discover's secure site
Rates & Fees
0% Intro APR for 15 months
17.24% - 28.24% Variable APR
$0
Earn 5% cash back on everyday purchases at different places you shop
  • INTRO OFFER: Unlimited Cashback Match for all new cardmembers – only from Discover. Discover will automatically match all the cash back you’ve earned at the end of your first year! There’s no minimum spending or maximum rewards. You could turn $150 cash back into $300.
  • Earn 5% cash back on everyday purchases at different places you shop each quarter like grocery stores, restaurants, gas stations, and more, up to the quarterly maximum when you activate. Plus, earn unlimited 1% cash back on all other purchases—automatically.
  • Redeem your rewards for cash at any time.
  • Discover could help you reduce exposure of your personal information online by helping you remove it from select people-search sites that could sell your data. It’s free, activate with the mobile app.
  • Get a 0% intro APR for 15 months on purchases. Then 17.24% to 28.24% Standard Variable Purchase APR applies, based on credit worthiness.
  • No annual fee.
  • Terms and conditions apply.
660 720 850
Good/Excellent

How Does LendingTree Get Paid?

LendingTree is compensated by companies on this site and this compensation may impact how and where offers appears on this site (such as the order). LendingTree does not include all lenders, savings products, or loan options available in the marketplace.

 

If you want flexibility in terms of where you can earn rewards, the Discover it® Cash Back may be a better fit. You’ll earn 5% cash back on everyday purchases at different places you shop each quarter like grocery stores, restaurants, gas stations, and more, up to the quarterly maximum when you activate. Plus, earn unlimited 1% cash back on all other purchases—automatically. Redeem your rewards for cash at any time.

Rewards: If you max out the $1,500 spending cap each quarter, you can earn $300 cash back at the end of the year. The Discover Cashback Match bonus doubles that amount to $600 in your first year.

Should you apply for the Target REDcard™ Credit Card?

The Target REDcard™ Credit Card is a great fit if you’re a frequent Target shopper who wants a simple rewards program to offset the cost of regular Target hauls. The Target REDcard™ Credit Card makes shopping at Target more convenient for you, too, with perks like free two-day shipping and an extended return window.

However, if you are an occasional Target shopper, you should skip this card in favor of a rewards card that aligns with your spending habits.

Learn More
on TD Bank's secure site

Frequently asked questions

Yes. You can get cash back by using any of Target’s four card offerings: the Target REDcard™ Credit Card, the Target RedCard Debit Card, the Target MasterCard and the RedCard Reloadable Account. Target cash back is applied as a discount at checkout.

You can apply for the Target REDcard™ Credit Card with Target’s online application.

No. Currently, there is no way to get Target credit card preapproval.

You need good credit to qualify for the Target REDcard™ Credit Card. Issuers usually consider good credit to be a FICO score of 670 or above.

The information related to the Costco Anywhere Visa® Card by Citi has been collected by LendingTree and has not been reviewed or provided by the issuer of this card prior to publication. Terms apply.

The information related to the Target REDcard™ Credit Card has been independently collected by LendingTree and has not been reviewed or provided by the issuer of this card prior to publication.