Ends July 27th! If you’re on the fence about getting a Target Red Card, this may convince you to finally bite the bullet and sign up!
Open a new Target Red Card account by July 27th and receive a $40 off $40+ purchase coupon in your Target account! Sweet!
Target Red Card Sign Up Bonus
There are 2 kinds of Target RedCard: debit card and credit card.
Both have the same benefits and I think it just boils down to your current budgeting strategy and/or personal preference.
You can manage either type of accounts via the Target website.
Target Debit Card
If you sign up for a Target Red Card debit card, you’ll need to link your bank account with it. There’ll be no interest; it works exactly like a debit card. Depending on your bank, it’ll take 1-2 days for the funds to get deducted from your account.
Target Credit Card
If you sign up for a Target Red Card credit card, you’ll need to be approved. It’s exactly like signing up for a credit card.
You can work around the interest fees by paying off your balance before your billing cycle ends. It also maximizes the 5% off discount you get for every purchase if you don’t pay any interest.
7 Target Red Card Benefits
- 5% off every day in-store and online (this is especially awesome combined with coupons, cartwheel discounts, weekly sales, and gift card deals), this includes Starbucks located in Target stores!
- Free shipping at Target.com and free 2-day shipping on eligible items.
- Get 30 extra days for returns
- Early access to select products and promos like early access to Black Friday deals!
- Up to $40 cashback at checkout with Target Debit Card
- Exclusive REDcard member discounts and coupons – access exclusive coupons online via Manage My REDcard or coupons are sent with the monthly statement
- No annual fee.
Target Red Card Sign Up Bonus Fine Print
Below is taken directly from the Target website. Please read it carefully.
Get a coupon for $40 off a qualifying purchase of more than $40 when you are approved for a debit or credit REDcard in-stores and Target.com between 7/14/19 – 7/27/19. The coupon will be mailed to approved cardholders with their REDcard and will be valid through August 31, 2019. *Excludes gift cards, prepaid cards, alcohol, milk, select baby brands (DockATot, Halo, Infant Optics, Owlet, Peg Perego, Philips Avent), Levi’s Red Label, LEGO, Bose, JBL, Sonos, Apple, Fitbit, Tile, Google Home/Mini/Hub, LG OLED TV, Samsung TVs, GoPro, DSLR cameras & lenses, mobile contracts, Nintendo hardware and Switch games, PS4 hardware, Xbox One hardware, Simple Human, Traeger, Harry’s, Flamingo, power shave, power dental, Tylenol and Motrin pain relief, clinic & pharmacy, and Target Optical. To qualify for coupon discount, the total must not include excluded products.
At the end of the day, it’s best to weigh the benefits and whether having this card will actually help you. Otherwise, don’t sign up at all.
I personally have the Target RedCard credit card. I just make sure to pay off my balance right away.
You can read about what made me sign up for a Target RedCard if you’re interested.