If you shop at Target regularly, the math here is hard to argue with: an instant 5% off at Target stores and Target.com, including in-store Starbucks and Target subscriptions, with no annual fee. Frequent shoppers also get free two-day shipping on eligible Target.com items, an extra 30 days to return purchases, and 50% off the $99 Target Circle 360 membership. The current signup bonus is $50 in Target Circle Rewards upon approval, so it is a modest sweetener rather than a reason to apply. The real limitation is scope: outside of Target the store version earns nothing, and prescriptions, gift cards, and some services are excluded even inside the store. With a 27.4% regular APR, this only works as a card you pay in full, and it belongs alongside a general everyday card rather than replacing one.
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 |