If you shop at Target regularly, the Circle Card is about as simple as rewards get: an instant 5% discount at Target stores and Target.com, including in-store Starbucks and Target subscriptions, with no annual fee and no foreign transaction fee. Free two-day shipping on eligible items, an extra 30 days on returns, and 50% off the $99 Target Circle 360 membership add a bit more for frequent shoppers. The catch is that the discount stops at Target's doors, and exclusions include Target GiftCards and prescriptions. Only the Mastercard version issued to well-qualified applicants earns anything elsewhere: 2% on gas and dining and 1% on everything else. Watch the timing on the welcome offer, which has bounced between $50, $100, and $75 in Target Circle Rewards since August and currently sits at $50 after $50 in spend within two months. With a 27.4% regular APR, this card only makes sense if you pay in full.
Earn rates & credits
| Category | Rate |
|---|---|
Target Instant 5% discount at Target stores and Target.com, including in-store Starbucks and Target subscriptions; excludes Target GiftCards, prescriptions, and some services. A Mastercard version issued to well-qualified applicants also earns 2% on gas and dining and 1% everywhere else outside Target. | 5% |
| Benefit | Value |
|---|---|
Target Circle 360 Discount 50% off the $99 per year Target Circle 360 same-day delivery membership | $49 /yr |
| Total annual credits | $49 |
Card details
Regular APR | 27.4% variable |
Foreign transaction fee | None |