A Thorough Target REDcard Review for 2019

A Thorough Target REDcard Review for 2019
Taylor Gordon
on March 21, 2020
Read in 2 min

Target shoppers — Do you have a Target credit card?

If not, it’s plastic you may want to add to your wallet. The Target REDcard™ credit card gives you various savings benefits for shopping in the store and online.

In this review, we’ll give you an overview of what the REDcard™ credit card has to offer customers and how much it costs.

Target REDcard™ Credit Card Savings Benefits

The biggest benefit of the REDcard™ credit card is that it unlocks savings deals that can decrease your shopping bill. Unlike other rewards cards that give you points to use later, you’ll see instant savings benefits when you shop with the REDcard™ credit card.

The card gives you 5% off everyday purchases made at Target and target.com. You can also get 5% off in-store Starbucks purchases.

Cardholders get free two-day shipping on select items as well as extended returns. Target gifts members an extra 30 days to return items.

Extra incentive

On top of the everyday savings, Target holds special promotions for cardholders from time to time. You may get access to even more savings when you make certain purchases.

Here’s a rundown of other REDcard™ credit card savings perks:

  • 5% off Target subscriptions. (Target subscriptions is a service that delivers everyday items to you on a schedule of your choosing.)
  • 5% savings on specialty gift cards
  • 5% savings on deals of the week
  • 5% off clearance items

REDcard™ Credit Card Costs and Fees

The REDcard™ credit card has a variable interest rate. Here’s the breakdown of the card costs:

  • Interest rate – 24.40% APR
  • Annual fee – None
  • Late fee – up to $38

The lack of annual fee means that you can potentially get a huge amount of savings with this card at no cost. Paying your credit card balance in full each month to avoid interest charges is the best way to use this card. With this approach, you’ll get savings without spending a dime on fees.

Learn more about the fees and conditions of the Target REDcard™ credit card here.

If credit cards aren’t your thing, you can go with the REDcard™ debit card vs. the credit card option. The debit card gives you the same savings perks. It links to your checking account, and you can withdrawal up to $40 using it at checkout.

Both cards — the REDcard™ credit card and debit card — come with online account management so you can view transactions, pay bills, and review statements. 

How To Pay Target Credit Card

There are many ways to pay your Target credit card these days, the easiest, of course, being their online payment portal accessible after you log in here.

From there, you’ll need to click Schedule a Payment under the Payment Information tab in the navigation on the lefthand side and enter your electronic payment information.

If you’re looking for how to pay Target credit card without using their website, you’re in luck because you can also pay in any Target store Guest Services station, by phone at 1-800-424-6888, or by mailing a check to:

Target Card Services
P.O. Box 660170
Dallas, TX 75266-0170 

Target’s FAQ page suggests mailing your payment 5-7 days prior to your due date to ensure it’s processed in time.

REDcard™ Credit Card Review 2019 Summary

The REDcard™ credit card is a unique card because you don’t earn points or cashback.

Sometimes those types of rewards programs give you very little value for the rewards you accumulate.

Instead, you’re getting a straightforward cash percentage off of qualifying purchases at checkout plus free shipping on eligible items.

Loyal Target customers should seriously consider the advantages of the REDcard™ credit card.

Learn more about the REDcard™ credit card, and apply for it here.

Taylor Gordon Finance Journalist

Taylor K. Gordon is a personal finance writer and founder of Tay Talks Money, a frugal lifestyle blog on entrepreneurship and hacking your way to an abundant savings account.

Taylor has contributed to The Huffington Post, GoGirl Finance, Madame Noire, The Write Life, and more.

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