REDcard®

Target Credit Card Rates & Fees

Your application will be considered for a Target Credit Card, and your qualification for an account may depend on your creditworthiness or other factors.

Interest Rates and Interest Charges

Annual Percentage Rate (APR) for Purchases:

22.90%
This APR will vary with the market based on the Prime Rate.
If approved for an account see the temporary credit card receipt for the current variable APR.

How to Avoid Paying Interest

Your due date is at least 25 days after the close of each billing cycle. We will not charge you interest on purchases if you pay your entire balance by the due date each month.

Minimum Interest Charge

If you are charged interest, the charge will be no less than $1.00.

For Credit Card Tips from the Consumer Financial Protection Bureau

To learn more about factors to consider when applying for or using a credit card, visit the website of Consumer Financial Protection Bureau at http://www.consumerfinance.gov/learnmore.

Fees

Annual Fee

None

Penalty Fees

  • Late Payment
  • Returned Payment

Up to $35
Up to $25

How We Will Calculate Your Balance:

We use a method called "daily balance." See your account agreement for more details.

Billing Rights:

Information on your rights to dispute transactions and how to exercise those rights is provided in your account agreement.

We may change the terms, including your APR, at any time in accordance with the law.

If you are approved for a new credit card, you must use your new credit account to receive the 5% REDcard discount.


By applying for a Target Credit Card, you agree that you are providing contact information from your application to TD Bank USA, N.A. and Target Corporation for their use, including marketing.

Notice to New York Residents

New York residents may contact the New York State Department of Financial Services by telephone or visit its website for free information on comparative credit card rates, fees, and grace periods. New York State Department of Financial Services 1-800-518-8866 or http://www.cardratings.com/credit-card/all-credit-cards.

Notice–Important Information About Procedures for Opening a New Account

To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify and record information that identifies each person who opens an account. What this means for you: When you open an account, we will ask for your name, address, date of birth, telephone number, social security number and other information that will allow us to identify you. We may also ask for your driver’s license or other identifying documents.

Information About Applying for a Credit Card

When you sign or otherwise submit a credit application, you are providing your consent and authorizing TD Bank USA, N.A. and its successors, assigns, employees and designated agents to gather credit, employment and other information about you, including credit bureau reports, for purposes of evaluating your application for credit. If your application is approved and credit is extended to you, we may take steps to re-verify any or all of such information from time to time, including by obtaining additional credit bureau reports, for any legitimate purpose in connection with such extension of credit, such as for the purpose of reviewing the account, increasing the credit line on the account, or for collecting on the account. In addition, we will furnish information concerning your account to consumer reporting agencies and others who may properly receive that information. If you ask, you will be informed whether or not a consumer report was requested, and if a report was requested, you will be informed upon request of the name and address of the consumer reporting agency that furnished the report. When you submit a credit application to us, you are certifying that you have not concealed essential information for determining your identity and creditworthiness, and that no misrepresentations have been made on the application. If approved, you agree to abide by the terms and conditions applicable to the account.

Information for Residents of Specific States

Notice to California Residents


Married applicants may apply for separate accounts.


Notice to Delaware Residents


Service charges not in excess of those permitted by law will be charged on the outstanding balances from month to month.


Notice to Ohio Residents


The Ohio Laws against discrimination require that all creditors make credit equally available to all creditworthy customers, and that credit reporting agencies maintain separate credit histories on each individual upon request. The Ohio Civil Rights Commission administers compliance with this law.


Notice to Married Wisconsin Residents

No provision of any marital property agreement, unilateral statement under Section 766.59 of the Wisconsin statutes or court decree under Section 766.70, adversely affects the interest of the creditor, TD Bank USA, N.A., unless the Bank, prior to the time of the credit is granted, is furnished a copy of the agreement, statement or decree, or has actual knowledge of the adverse provision when the obligation to the creditor is incurred. IF I AM A MARRIED RESIDENT, CREDIT EXTENDED UNDER THIS ACCOUNT WILL BE INCURRED IN THE INTEREST OF MY MARRIAGE OR FAMILY. Married applicants must provide their Social Security number and address and their spouse’s name and address to Target Card Services, P.O. Box 673, Minneapolis, MN 55440.



Target Debit Card Fees

Amount

State in which EFT occurred

$40

DE, FL (if EFT amount is greater than $300), MS

$35

CA (except for first return), MD, VA

$30

AL, AK, FL (if EFT amount is $50.01-$300), GA, IA, KS, MN, MT, OH, SC, SD, TN, TX, WY

$25

AZ, AR, CA (first return only), DC, FL (if EFT amount is less than $50), IL, KY, LA, ME, MA, MI, MO, NE, NV, NH, NJ, NM, NC, ND, OK, OR, RI, VT, WA, WV, WI

$20

CO, CT, HI, ID, IN, NY, PA, UT

REDcard®: Target Debit Card, Target Credit Card, and Target® Visa® Credit Card. Subject to application approval (Target Visa Credit Card not available to new applicants). The REDcard credit cards are issued by TD Bank USA, N.A. The REDcard debit card is issued by Target Corporation. VISA is a registered trademark of VISA USA, Inc. Pat 7,562,048 and 8,117,118.

Identity Protection Guide

5% REDcard Discount program rules (Scroll down for Free Shipping at Target.com program rules, REDcard Extended Returns program rules, and Target Pharmacy Rewards program rules):

When you use your Target Debit Card, Target Credit Card® or Target® Visa® Credit Card (each, a "REDcard®") at Target stores in the U.S. or Target.com, you will receive 5% off your purchases. If you use a REDcard in the same purchase transaction with another form of payment, the 5% discount will apply only to the purchase amount tendered to your REDcard. 5% discount applies to eligible purchases minus any other discounts and the value of any promotional Target gift cards received in the transaction. Target reserves the right to discontinue or alter the terms of this program at any time. 5% discount does not apply to the following:

  • Prescriptions, Target Clinic® services and Target Optical® eye exams
  • Target gift cards and prepaid cards
  • Previous purchases
  • Target credit account payments, Target Debit Card cash back and cash advances on the Target® Visa® Credit Card
  • Target Commercial Interiors® purchases
  • Gift wrap and shipping and handling charges on Target.com purchases
  • Where otherwise prohibited by law

Free Shipping at Target.com (Scroll down for REDcard Extended Returns program rules and Target Pharmacy Rewards program rules):

When you use your Target Debit Card, Target Credit Card® or Target® Visa® Credit Card (each, a "REDcard®") on Target.com, you will receive free shipping on your Target.com purchases. Offer applies on standard shipping to all 50 states and the District of Columbia, as well as APO/FPO addresses and Puerto Rico. If you upgrade your shipping method, shipping fees will apply. This offer is not valid on previous orders, or where otherwise prohibited by law. Target reserves the right to discontinue or alter the terms of this program at any time.


REDcard Extended Returns program rules (Scroll down for Target Pharmacy Rewards program rules):

When you make purchases with your Target Debit Card, Target Credit Card or Target® Visa® Credit Card (each, a “REDcard”) at Target stores in the U.S. or Target.com, you will receive 30 additional days to return the purchases beyond the standard return policy applicable to each of the purchased items. Target reserves the right to discontinue or alter the terms of this program at any time. REDcard extended returns do not apply to the following:

  • Target Mobile Purchases
  • Purchases with a fixed return date
  • Non-returnable items

Target Pharmacy® Rewards program rules:

When you enroll in the Target Pharmacy Rewards program and purchase one or more eligible prescriptions you will receive a Target Pharmacy Rewards certificate good for 5% off a day of shopping at Target stores in the U.S. and a promotional code good for 5% off an entire purchase at Target.com. Additional Target Pharmacy Rewards certificates and promotional codes (the “Reward”) are earned by purchasing five eligible prescriptions at a Target Pharmacy in the U.S.

The program is valid only in the U.S. and is not available in AR, NJ, NY or where otherwise prohibited by law. Transferred prescriptions may not be eligible to accumulate toward your Reward in all states. Purchases of prescription drugs paid for in whole or in part by federally funded government programs (e.g., Medicare, Medicaid, TRICARE) will not accumulate toward your Reward.

Target Pharmacy Rewards certificates and promotional codes will be delivered by mail. Certificates are valid only at Target stores in the U.S. and promotional codes are valid only at Target.com. Certificates and promotional codes must be redeemed on or before the expiration date listed on the certificate or promotional code. Limit one certificate or promotional code per transaction.

Your Reward cannot be redeemed on purchases of prescription drugs. In addition, your Reward cannot be redeemed for: purchases of gift cards, prepaid cards, previous purchases, Target credit account payments, Target Debit Card cash back and cash advances on the Target® Visa® Credit Card, certain partner businesses including Target Commercial Interiors purchases, Target Clinic services and Target Optical eye exams, or where otherwise prohibited by law.

For prescriptions paid for by a method other than a Target Credit Card, Target Visa Credit Card or Target Debit Card enrolled in Target Pharmacy Rewards, you will need to remember to show your Target Pharmacy Rewards card at the point of sale or ask the pharmacy team member to do a phone number lookup.

If you cancel your HIPAA authorization, participation in the Target Pharmacy Rewards program is terminated and any existing Target Pharmacy Rewards accumulated purchases will be removed from your account.

Target reserves the right to discontinue or alter the terms of this program at any time.


The REDcard credit cards are issued by TD Bank USA, N.A. The REDcard debit card is issued by Target Corporation.


VISA is a registered trademark of VISA USA, Inc.


Pat 7,562,048 and 8,117,118.