Hey, WalletHubbers! Today, we’re reviewing the Target REDCard There are three main things you need to know about the Target REDCard
First, you should know that this card is a store card, and therefore can only be used when you make purchases at Target in-store or online But when you do, you save 5% at Target & Targetcom every day That also applies to any in-store Starbucks location, Cartwheel, Target Subscriptions, Specialty gift cards, Top deals and Clearance Second, WalletHub users report that you usually only need fair credit to get approved for the REDCard
That’s a credit score of 640 or higher And third, this card does not charge an annual fee, which means you won’t feel pressured to use it That’s the short story You can learn more or apply for the Target REDCard online by clicking the button here If you’re still not sure, let’s talk about some common questions people have about this card
First, how do you redeem the cash rewards you earn with it? It’s easy You can redeem for Target purchases, either in-store or online or a statement credit You might also be wondering what kinds of secondary benefits this card provides Since the Target REDCard isn’t backed by a credit card network like Visa or Mastercard, it doesn’t come with benefits like rental car insurance or purchase protection But, it does come with some cool things specific to your Target purchases, like 2-day free shipping and a return extension Finally, is the Target REDCard any good for financing? Not really — this card usually does not offer special financing deals, and is known for a high regular APR
So we recommend using it mostly for making everyday purchases that you’ll be able to pay for in full each month, not big-ticket purchases With all of that, you should have everything you need to make an informed decision about the Target REDCard You can learn more by clicking the button here See ya next time, WalletHubbers!