Target RedCard Review [2022]: 5% Off and Free Shipping

Loyal Target and Target.com shoppers can save big with a Target RedCard.
Last updated Aug. 12, 2022 | By Ben Walker, CEPF

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If you’re a loyal Target shopper, you’ve likely heard of Target’s store credit card, the Target RedCard. The RedCard aims to provide an overall better shopping experience for Target customers by offering cardholders a 5% discount online or in-store and exclusive benefits like free standard shipping and extended returns.

This Target RedCard review will help you decide whether you should make space in your wallet for this money-saving card.

Valuable Discount for Target Shoppers

Target RedCard

Target RedCard

Target RedCard

Intro Offer

Receive 5% off your purchases at Target (in store and online)

Annual Fee

$0

Rewards Rate

15% discounts to teachers in preparation for the school year

Benefits and Drawbacks

Benefits

  • 5% off Target purchases
  • Free 2-day shipping from Target.com
  • No annual fee

Drawbacks

  • No rewards
  • Can't be used outside of Target or partner brands
Card Details
  • Receive 5% off your purchases at Target (in store and online)
  • 15% discounts to teachers in preparation for the school year

In this Target RedCard credit card review:

Who should get the Target RedCard credit card?

The Target RedCard makes sense only if you shop at Target stores or Target.com. The 5% discount applies both online and in-store, so if you make purchases in either location, you’ll likely benefit from having this store card.

Because the Target RedCard has a $0 annual fee, you don’t necessarily need to shop at Target all the time to get value from it. It won’t cost you anything to have this store card, so infrequent Target shoppers can still hold onto it and use it when needed.

Of course, frequent Target shoppers will get the most value out of the Target RedCard. If Target is your preferred store, you can take advantage of the 5% discount every time you shop there. And you’re more likely to benefit from the increased return time and free shipping on items from Target.com.

Card basics

Credit card issuer TD Bank
Credit card type Cash back
Annual fee $0
Intro bonus Receive 5% off your purchases at Target (in store and online)
Recommended credit score Excellent, Good

Target RedCard benefits and perks

  • Generous savings: Receive 5% off your purchases at Target (in store and online) when you pay with your Target RedCard. If you combine this benefit with offers from Target Circle and other Target cashback secrets, you can save loads of money while shopping at Target. The 5% back also applies to specialty gift card purchases, in-store Starbucks purchases, Target subscription orders, and Shipt deliveries from Target.com. Plus, cardholders can save 10% on hotel stays booked through Hotels.com until December 31, 2020.
  • No annual fee: With a $0 annual fee, it’s easy to save more money without worrying about an annual cost.
  • Free standard shipping: Standard shipping is free on Target.com purchases when you pay with your Target RedCard. If you upgrade your shipping method, shipping fees will apply. You may also receive free two-day shipping on eligible items.
  • Extended return policy: Receive 30 additional days to return products you’ve purchased with your Target RedCard at Target stores or Target.com. This does not include Target Optical purchases or non-returnable items.
  • RedCard exclusive extras: Cardholders receive exclusive offers and gifts. These offers can vary between RedCard holders and may include special items or discounts or early access to certain products.

Drawbacks to the Target RedCard credit card

  • No rewards: Although this credit card offers 5% back on your Target purchases, you don’t earn any rewards from purchases with the Target RedCard. If you want to earn cash back or points, a flexible rewards credit card would be a better option.
  • No intro APR: Average credit card interest rates tend to run high, which makes credit cards with introductory APR (annual percentage rate) offers a real deal. Unfortunately, the Target RedCard isn’t a 0% APR credit card, so it does not have an intro balance transfer or purchase APR offer.
  • Only works at Target: The Target RedCard only works for purchases at Target stores and Target.com. You would need a separate credit card to make purchases elsewhere.
  • Exclusions: The Target RedCard's 5% discount does not apply to eye exams at Target Optical, Target gift cards, prepaid cards, prescriptions, Shipt membership fees, or gift wrap for Target.com purchases. 

Target RedCard FAQs

Is the Target RedCard a credit card or debit card?

The Target RedCard is available as either a credit card or a debit card. Both types of RedCard receive the same valuable benefits of 5% off Target purchases (in-store and online) and free standard shipping on hundreds of thousands of eligible items at Target.com. The Target RedCard debit card also links to your existing checking account and allows for cash withdrawals of up to $40 at checkout.

Is the Target RedCard worth it?

If you ever shop at Target stores or Target.com, the Target RedCard is worth it. This credit card offers 5% off every Target purchase (in-store and online), get free shipping at Target.com, and receive 30 extra days for returns and exchanges. The best part? There’s a $0 annual fee, so you don’t have to pay anything extra to get these benefits.

What credit score do you need for a Target RedCard?

To qualify for the Target RedCard, you typically need a fair to good credit score. This would likely require a FICO credit score of 580 to 670 or more, but the credit card issuer (TD Bank) has the final say on who would qualify and the credit limit they'll receive.

Can I use my RedCard anywhere?

Your Target RedCard can be used for purchases only at Target stores in the U.S. and at Target.com. As a store credit card, it’s designed to help you save money on all Target purchases, whether in-store or online. So if you prefer to shop at Walmart or another big-box store, another rewards card would be a better option.

What is the annual fee for the Target RedCard?

The annual fee for the Target RedCard is $0. With no annual cost to worry about, the Target RedCard can provide value for anyone who shops at Target stores or Target.com. Also, you get great benefits like free standard shipping at Target.com and an additional 30 days for returns and exchanges.

Other cards to consider

The Target RedCard is an ideal card for regular Target shoppers, but you can’t use it outside of Target and Target.com. If you want to earn lucrative rewards from a broader range of purchases, consider a more flexible cashback credit card, such as the Citi® Double Cash Card - 18 month BT offer or U.S. Bank Cash+® Visa Signature® Card.

The Citi Double Cash isn’t restricted to purchases from a specific merchant. You can use it wherever Mastercard is accepted and earn up to 2% cash back on all purchases: 1% as you buy and 1% as you pay for those purchases. 

Likewise, you can use the U.S. Bank Cash+ wherever Visa cards are accepted. This card earns 5% cash back on two chosen categories (up to $2,000 quarterly) and prepaid air, hotel, and car reservations booked in the Rewards Travel Center; 2% cash back on one chosen everyday category; and 1% cash back on all other eligible purchases. In the past, 5% bonus categories have included wireless purchases, streaming services, home utilities, gyms and fitness centers, and more; everyday categories have included gas stations, grocery stores, and more.

Valuable Discount for Target Shoppers

Target RedCard

Target RedCard

Target RedCard

Special Offer

Receive 5% off your purchases at Target (in store and online)

See how these cards compare:

Citi® Double Cash Card - 18 month BT offer
Citi® Double Cash Card - 18 month BT offer
  • Earn $200 after spending $1,500 in the first 6 months (limited time offer)
  • 0% intro APR on balance transfers for 18 months, then 16.24% to 26.24% (variable) APR
  • Up to 2% cash back on all purchases: 1% as you buy and 1% as you pay for those purchases
  • No annual fee
U.S. Bank Cash+® Visa Signature® Card
U.S. Bank Cash+® Visa Signature® Card
  • $200 sign-up bonus
  • No annual fee
  • 0% intro APR on purchases and balance transfers
  • Up to 5% cash back on eligible purchases

Author Details

Ben Walker, CEPF Ben Walker, CEPF, is a credit cards and travel writer at FinanceBuzz who loves helping others achieve their travel goals through financially sound decisions. For over a decade, he has been using credit card points and miles for the sole purpose of traveling the world. Ben is a Certified Educator of Personal Finance and has been featured in The Washington Post, MSN, Debt.com, and Finder.com.