Credit Cards

Target Credit Card(All you need to know)

Target Credit Card
Written by Jacob Efeni

Right here will go through everything you need to know about the Target Credit Card and also the Target Credit Card Credit score.

Also known as a Red card, the credit card is very much available for use in two different places, offline and online. And yes, where else does a cardholder want to make use of a card if not online or offline. No doubt, this card is very much ok compared to some other credit cards you might have come across.

Target Credit Card Reviews

The credit card is being issued by TD Bank USA, N.A. which is known to be one of the largest banks in the United States. The target credit card has an annual fee of $0 and an Apr of 23.15% (V) on purchases

The significant part is that people with somewhat low credit can apply for it with no cash advance fee, no foreign transaction fee. This same card also has a grace period of 25 days.

The Target Credit Card also does offer a 5% discount on every purchase being made along with those made at Starbucks. They give no reward, give no points, or cash back from purchases being made, which means there is no need to worry about an annual fee. The credit card also gives you 30 days to return purchases and get your refund.

The cardholder can also get free shipping from target.com sadly, the card has a high-interest rate.

Target Credit Card
Target Credit Card

Target Mastercard

Just as they have a credit card, the Target Redcard also has a MasterCard which can be used anywhere the MasterCard is being accepted. With the Target Mastercard, you can make use of it anywhere it is being accepted. Sadly, it is no longer available to new applicants.

Benefits Of Target Mastercard

The target credit card offers some amazing benefits. As a Cardholder of Target RedCard, you can enjoy amazing rewards and benefits.

With Target Red you enjoy the benefit of not paying any annual fee, access to free two-day shipping on many items, exclusive offers for special items and gifts, and different signup bonuses.

How To Apply for Target Mastercard

 Looks like the Redcard MasterCard is no longer available for new applicants. maybe going for their debit card will be ok.

Target Debit Card

The Target Debit Card can only be used in withdrawing funds to cover purchases being made at the target store or online store.

This card is so much available for use at restaurants inside Target. Eyes examination and other optical services, Proscription and clinic services, and non-prescription items being stored behind the target pharmacy counter

Target credit card limit

The Redcard Credit limit varies but the initial credit limit is around $500 which also depends on the overall financial situation and applicants’ creditworthiness. Though after months of use, accounts do get reviewed for automatic credit limit increases which are based on the soft pull, which won’t affect your credit score.

Chances of increase are better when users have an increase in income and update it online making payments on time can also help in credit limit increase.

Target Credit Card Application

You can apply for the Redcard credit card from the target credit card website. And yes, the target credit card can get you approved instantly though that is if they need no other information or you meet up with what is needed. This means it is not difficult to get approved for the Redcard credit card.

Target credit score needed.

 To get the target credit card, you need a fair credit score, which could be 620 and above. Do note that the target credit card does look into the credit report before approving applicants for their credit card.

FAQ About Target Credit Card

Is Target credit card instant approval?

Yes, as being explained before Target can get an applicant approved instantly if he/she meets up the requirements which can take from 5 to 10 working days which is if they approve you automatically.

And in fact, you can start making use of it immediately when you are being approved for the card.

Does applying for a Target RedCard affect your credit score?

The target credit card report to the three major credit bureaus which are Experian first, then TransUnion, and Equifax. It is very much okay to apply for a target pre-approval to avoid your credit score being affected.

Target Credit Card login

You can log in to your target credit card account once you are approved for the credit card. To login to your Redcard account, you can make use of this link in getting into your account

Target credit card Pre-approval

To apply for the Redcard credit card, you can either do that online or at any target store 

 Things needed for the credit card are:

  • You identification
  • Your social security number
  • Your driver’s license
  • Your state ID or military ID

What credit bureau does Target use

 Target send all credit information to all three major credit bureaus which are :

  • TransUnion,
  • Experian,
  • and Equifax

How to use the Target Redcard before it arrives

 The truth is that you can make use of the Redcard before the arrival of the physical card. You can do that by adding it to your wallet right in the target app.

If you sign up in a target store you should be provided with a printout slip which will be temporary, and likewise, if you apply online you should also be provided with the card number which you can add to your Cartwheel in the Target app.

Can Target Credit Card be used anywhere?

The credit card can’t be used elsewhere but can be used in any target store and can also be used on the target website

Somewhat related:

Target Gift Card

Yes, Target has gift card and which is available online right on their website, which can only be used on the target store offline or online

Target gift card balance

To know your gift card balance, do well to call  1-800-544-2943 to know your balance.

Wrapping up

The target credit card although has a  high APR but is very good for those who make use of the target.

Conclusion

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About the author

Jacob Efeni

Brillaweb is owned by Jacob Efeni, an internet marketer, Seo expert, writer, and affiliate marketer, under Brillaweb Connect. The blog is an information blog that gives you top-notch articles on Banking, Finance, Business, Mortgage, Insurance, Entrepreneurship, and Credit cards.