The Target Circle Card, the renamed RedCard, keeps the pitch that made it one of the most-held store cards in the country: an instant 5% discount on nearly everything at Target and Target.com, taken at the register rather than accrued as rewards. Free two-day shipping, an extra 30 days on returns, and half off the Target Circle 360 membership sweeten the deal for regulars. The base version is a closed-loop card that works only at Target, though well-qualified applicants may be issued a Mastercard version that earns 2% on gas and dining elsewhere. There is no annual fee, so for anyone who shops Target weekly this is close to free money; just avoid carrying a balance at the steep 27.4% APR, and look elsewhere if you want one card for all your spending.
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 |