Target will begin reissuing Chip-and-PIN REDcards in August 2015 and complete reissuance by spring 2016.
When using the card at a merchant who can accept chip cards, expect to be prompted to insert it. Otherwise, you can still transact at retailers who are not yet accepting chip cards by using the magnetic stripe.
With Chip-and-PIN technology, you don’t need a magnetic strip or signature. All your purchases at Target stores will be processed using the chip instead of a magnetic strip, and you authorize the transaction with your PIN instead of a signature. It’s all part of how your new REDcard helps protect you from fraud.
We’ll send instructions with the new card, but here’s a quick checklist if you want to start planning now:
1. Activate your new card. Go to the website or call the number on the sticker on the card.
2. Set up your PIN. You can do this as part of the activation process.
3. Destroy your old card.
4. Update automated billing. Your card number has changed. If you use it for any automatic or recurring transactions, you will need to provide your new Target Credit Card information.
To update the payment methods you have saved for Target.com orders, go to your Target.com wallet. For more help, see the Target.com account help page. Note that updating the payment methods in your Target.com wallet does not update the payment methods you use for any Target Subscriptions.
To update the card you use for Target Subscriptions, go to the subscription management page and click "view subscription" for each one you need to update. For more help, see the Target Subscriptions help page.