RedCard™ Program Rules : Target (2024)

FAQs

Is it easy to get approved for Target RedCard? ›

For the best odds of being approved, it's recommended that you only apply for a Target Credit Card if your credit score is 640 or higher and you have enough income to afford monthly bill payments.

Target announced it is ditching red and bringing in the famous circle to its card service. The retail giant announced Tuesday that it is officially changing its RedCard name to Target Circle Card. The change comes after the store announced a revamp to its membership programs.

Yes, the Target Credit Card does a hard pull on each applicant's credit reports. When credit cards like the Target Card do a hard pull, or hard inquiry, they check an applicant's credit reports to confirm their creditworthiness. Unfortunately, pre-qualifying with only a soft pull isn't an option.

Target's RedCard comes in three forms: a Mastercard (open loop card), an in-store-only credit card, or a debit card. The debit card is linked to customers' existing checking accounts, and for the in-store card, users can charge in-store purchases or buy online with the credit card at Target.com.

Summary. The Target Circle Card Credit Card (known previously as the Target RedCard) comes in two types: The Target Credit Card is a store card and you likely need a Fair Credit Score (580+ FICO Score) to have a decent chance of getting approved for it.

Target faced a backlash against its LGBTQ+ merchandise earlier this year, with some conservative shoppers vowing to boycott the store. The retailer's sales at stores open at the same time a year ago declined 5.4% in the second quarter, the company said on Wednesday.

The new rules will apply at most of Target's nearly 2,000 locations. Target said that customers will now be limited to 10 items for self-checkout. With fewer transactions being eligible for self-checkouts, Target says it will open more traditional checkout lanes.

Target Circle 360: Paying the $99 annual fee for Target Circle 360 may be worth it if you shop at Target often and do much of it online. Like Amazon's Prime membership, Target's paid plan is all about the free two-day shipping and access to same-day shipping.

Target Credit Card Approval & Application Details

An application will result in a hard pull on your credit report, lowering your credit score for a short period of time. If you don't know where you stand, you can check your score for free, right here on WalletHub.

What credit card can I get with a 560 credit score? ›

One of the best credit cards you can get with a 560 credit score is the OpenSky® Plus Secured Visa® Credit Card. This card won't check your credit when you apply, so you can have high approval odds even with damaged credit. Plus, the OpenSky® Plus Secured Visa® Credit Card has a $0 annual fee.

To be eligible for a credit limit increase, your account must be in good standing for at least 12 months and your income information must be up to date. To update your income information, call (800) 424-6888 and follow the prompts to get connected to a customer service representative.

Owning more than two or three credit cards can become unmanageable for many people. However, your credit needs and financial situation are unique, so there's no hard and fast rule about how many credit cards are too many. The important thing is to make sure that you use your credit cards responsibly.

All versions of the Target RedCard provide a 5% discount at Target and Target.com. The 5% discount doesn't apply to certain categories of items, including prescriptions, eye exams, Target gift cards, taxes and shipping. You'll also get free two-day shipping and an extra 30 days for returns and exchanges.

Not Applicable Paying Interest Your due date is at least 25 days after the close of each billing cycle. We will not charge you interest on purchases if you pay your entire balance by the due date each month.

You can check your Target Credit Card application status by calling (800) 424-6888. You'll need to hang on the line until they ask for your account number multiple times. You will then be able to press “0” to get to a live customer service representative. At the moment, you cannot check your application status online.

This notice is provided by TD Bank solely with respect to your Target Card. This notice applies only to your Target Card account issued by TD Bank and does not apply to any other accounts you have with TD Bank or its affiliates. How does TD Bank protect my personal information?

The Target Circle Debit Card and the Target Circle™ Credit Card are "closed-loop" cards, meaning you can use them only at Target or Target.com. The Target Circle Mastercard is an open-loop credit card, meaning you can use it anywhere that takes Mastercard. You can't apply for this card directly.