topic Re: Target Redcard Approval in Credit Card Approvals

Target Redcard Approval

Mizqtpye — Sat, 07 Nov 2020 02:23:26 GMT

Super excited as this is my first unsecured - albeit store card - post BK. Thanks @blindambition and @CreditMagic7 for the encouragement to pull the trigger. I got the 7-10 day message but called the number in back door thread since I have a fraud alert in place. They sent me a text message to verify my identity and said I was approved for a $500 SL!

Question, is this sufficient as a third card for scoring purposes or should I still try for another unsecured nonstore type card (ie capital one, ollo if I get invite, etc)? Not planning to try anytime soon, just curious.

Re: Target Redcard Approval

AllZero — Sat, 07 Nov 2020 02:31:20 GMT

Congratulations on your approval!

Re: Target Redcard Approval

AllZero — Sat, 07 Nov 2020 02:36:23 GMT

@Mizqtpye wrote:
Question, is this sufficient as a third card for scoring purposes or should I still try for another unsecured nonstore type card (ie capital one, ollo if I get invite, etc)? Not planning to try anytime soon, just curious.

The Target card should be sufficient for your needs for the time being. I see an nRwewards card in your signature. I would recommend sticking with Navy for your future 2nd and 3rd Navy cards if you need higher credit limit. Capital One may not be as generous with starting limits.

Re: Target Redcard Approval

CreditMagic7 — Sat, 07 Nov 2020 02:36:28 GMT

Every baby step ahead helps! WTG!

Re: Target Redcard Approval

blindambition — Sat, 07 Nov 2020 02:42:54 GMT

Congrats to you!!! So happy for you!!!

Three credit cards and one installment give best credit mix. The Target will help with age, payment history, and utilization.

Garden awhile, let cards age. When scores improve, concentrate on goal cards. Here you'll find when and what scores. Keep up the good work!

Re: Target Redcard Approval

cashorcharge — Sat, 07 Nov 2020 02:45:17 GMT

Congratulations on your new card!!

Re: Target Redcard Approval

Anonymous — Sat, 07 Nov 2020 03:29:33 GMT

Congratulations! I love having a useful card like Target. I have been afraid to apply for one, and I will not, since my husband did, and was approved. We wear that card out. We both got Fingerhut cards as our first post-BK cards and I'm very glad to have them, but after the overpriced blanket I bought and the overpriced scale he bought (to get the use and payments rolling), I can't think of anything else I want to buy from them! Maybe some Christmas candy soon if they offer that? Target is as useful as it gets, though.

Re: Target Redcard Approval

Jordan23ww — Sat, 07 Nov 2020 04:01:00 GMT

Congratulations on your approval!!!

Re: Target Redcard Approval

titancylinder — Sat, 07 Nov 2020 04:13:37 GMT

Becareful with TD Bank. They are very skittish right now. Out of all my lenders it was my Red card who CLD'd me, 400 dollars. Not a whole lot. Butz I'm going to close it soon.

I've only ever had one other lender CLD me in my entire credit history, that was Barclay. I closed that card too.

TDs excuse was because I didn't pay the balance off in full like I usually do. Dumbest excuse yet. Next week, I took ,20k out of savings and paid everything off. I was waiting to see how much longer COVID would affect my business before I let go of the additional capital.

I'll be happy when I axe TD Bank next month.

Re: Target Redcard Approval

M_Smart007 — Sat, 07 Nov 2020 05:17:51 GMT

Congratulations on your Approval..

Re: Target Redcard Approval

Conceptual23 — Sat, 07 Nov 2020 06:43:39 GMT

Congrats on your approval! As for your question, I believe that the Target Red is a good card to help build your profile. I've had the card for about a year now and it has helped to increase my score tremendously.

Re: Target Redcard Approval

gdale6 — Sat, 07 Nov 2020 15:14:30 GMT

Sweet, grats on your red card approval

Re: Target Redcard Approval

rrdm78 — Sat, 07 Nov 2020 16:10:26 GMT

What credit bureau did they used

Re: Target Redcard Approval

blindambition — Sat, 07 Nov 2020 16:13:01 GMT

@rrdm78 wrote:
What credit bureau did they used

Equifax is generally pulled for Target.

Re: Target Redcard Approval

Mizqtpye — Sat, 07 Nov 2020 16:21:14 GMT

Thanks, everyone! And thanks to everyone for the great advice...even the advice to be careful with TD Bank. I'll garden for a while now and follow @AllZero advice to stick with Navy for my next card.

Oh, yes @rrdm78 they did pull Equifax.

Re: Target Redcard Approval

CreditAggie — Sun, 08 Nov 2020 04:49:09 GMT

Congratulations on your Target approval!

Re: Target Redcard Approval

Anonymous — Mon, 16 Nov 2020 01:04:30 GMT

Congrats.I plan to apply for Target Credit Card late next year but I did get the Target Debit CArd and the deals are great! Congrats!

Re: Target Redcard Approval

Openwater — Mon, 16 Nov 2020 02:27:23 GMT

Congras on the approval!

Re: Target Redcard Approval

rgate88 — Mon, 16 Nov 2020 14:34:01 GMT

Congrats to you! This card has been a good one for me over the last couple of years. Use it right and they'll be generous with their CLI's. They may also upgrade it to a MC version so that you can use it outside of the store.