Target 5% off card worth it?

Where you can talk about store credit cards, like gas station cards, department store cards, etc.
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im_mr_awesome
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Target 5% off card worth it?

Postby im_mr_awesome » Sat Jul 06, 2013 10:25 pm

I saw my boyfriend use his Target red card debit card, and I wondered if they have a credit card with the 5% rewards. I then saw the little sign next to the credit card terminal and wondered what the experience is like.

Has anyone on here had one of these? I don't shop at Target a lot, but getting 5% savings might convince me to shop there more. I do like a lot of their home things more than Walmart and others.
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FICO: 650 (Discover/TU, 6/23/2016)
Cards I Use Citi Double Cash, Chase Amazon, Capital One QuickSilver
Sock Drawer Discover IT, Citi Diamond Preferred, AE Visa, QuickSilver One, Walmart CC, CareCredit, CreditOne (keeping for history for now)
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dickey1331
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Postby dickey1331 » Sun Jul 07, 2013 1:16 am

My wife has that card and she likes it. You pretty much get 5% off everything in the store. Its pretty nice.
Platinum Delta Skymiles $12,900
Marriott Rewards Premier $12,000
Discover IT $12,000
USAA Cash Rewards $11,000
American Express Blue Cash Preferred $10,000
Chase Sapphire Preferred $6,500
Best Buy $6,000
Chase Freedom $4,500
Zales $4,000
Amazon Prime $4,000

MemberSince99
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Postby MemberSince99 » Sun Jul 07, 2013 6:32 am

You get 5% off the purchase price of whatever you buy in store. It's only a store card where they USED to offer a Visa that could be used elsewhere (I believe they still have a debit card but I never had that only the store card).

Nothing wrong with the card per se, except that you will probably get a 200 limit, and like Cap One, customer initiated CLIs are not accepted. You might be at that 200 limit for many years no matter how you use that card.

If that's ok, and you shop at Target a lot, the 5% off might make it worth it.

I used mine a reasonable amount, and had a 1k limit, but eventually closed it as I knew the card just would never really grow and decided to consolidate what I had. With these a 1k limit is pretty big, a HUGE limit is 2k or 3k. Most get 200 and stay there for quite some time.

im_mr_awesome
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Postby im_mr_awesome » Sun Jul 07, 2013 10:14 am

Yeah I hadn't thought of that My grandma has one with a $3.4k limit, but she has 30 years of credit history and over $120k in available credit. She's kinda the perfect candidate.

I'll just get the debit card and avoid the possibility of interest.
Scores on the mend...
FICO: 650 (Discover/TU, 6/23/2016)
Cards I Use Citi Double Cash, Chase Amazon, Capital One QuickSilver
Sock Drawer Discover IT, Citi Diamond Preferred, AE Visa, QuickSilver One, Walmart CC, CareCredit, CreditOne (keeping for history for now)
Short Goal Reach 680

swipe_masta
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Postby swipe_masta » Sun Jul 07, 2013 8:42 pm

Now that the card is owned by TD Bank, I heard they are starting to be less restrictive. I know there is now an automated CLI request option when you call them. I don't really care tho cause it's not like there is a higher tier that I am aiming for. I don't really shop at Target that often anymore so its whatever to me. I will say always free shipping is always nice lol. They also send exclusive coupons with your bill from time to time. Also have members only offers like a preview of their Black Friday deals so you can plan ahead, Etc.

adriangonzo
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Postby adriangonzo » Fri Jul 19, 2013 2:42 pm

Target has started to get aggressive with it again. I have been asked literally every time I have shopped there this year if I wanted to apply. I would if I was there more often.

RewardHop
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Postby RewardHop » Fri Jul 19, 2013 4:51 pm

On their site it says:
"Target Debit Card and Target Credit Card can only be used at Target.com and at Target stores in the United States."

So do they do a HP for the Credit Card?
[size=60]
Amex BCE: 3% grocery, 2% gas
Bank of America Better Balance Rewards MC: $25/quarter bonus
Barclaycard Rewards Visa Signature: 2% gas, groceries, utilities
Capital One Quicksilver Visa Signature: 1.5% everything
Chase Freedom Visa Signature: 5% rotating
Citi Forward Visa: 5% restaurants/fastfood, movie theaters, amazon.com
Discover It: 5% rotating
SallieMae MC: 5% Groceries, Gas, Amazon
US Bank Cash+ Visa Signature: 5% electronic stores, restaurants
Sock Drawered: Chase Sapphire, Chase Amazon[/size]

dickey1331
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Postby dickey1331 » Thu Jul 25, 2013 2:11 am

My wife got an auto CLI today. Went from $300 to $800.
Platinum Delta Skymiles $12,900
Marriott Rewards Premier $12,000
Discover IT $12,000
USAA Cash Rewards $11,000
American Express Blue Cash Preferred $10,000
Chase Sapphire Preferred $6,500
Best Buy $6,000
Chase Freedom $4,500
Zales $4,000
Amazon Prime $4,000



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