topic Re: Target Red Card keeps following me... in Credit Card Applications

Target Red Card keeps following me...

Anonymous — Thu, 03 Oct 2019 01:29:08 GMT

No matter where I go, this Target Red Card offer keeps following me Target is not even my gig but it's been on me so much lately I had to at least look into it to see what its all about. Apparantly there is a huge Target card following on MF. I think its the 5% that attracts everyone because it certainly cant be the anemic SLs they're giving out Not knocking the card just wondering if its something Im missing... and here it comes... should I App for the card if that's the case? Classic MF question with obvious answer... Should have apped yesterday... what are you waiting for? The marketing Gods are on me... need help.

Re: Target Red Card keeps following me...

Anonymous — Thu, 03 Oct 2019 02:24:26 GMT

Do you shop there at all? You just said it’s “not your gig”, so if the answer is no, then no you shouldn’t app for the card

Re: Target Red Card keeps following me...

Anonymous — Thu, 03 Oct 2019 02:30:30 GMT

Thats too easy of an answer I like the free shipping and the 5% is a plus. I dont need it but what do we all actually need? Could use some padding for UTL but it doesnt seem to provide much. Biggest plus I guess would be the TL. Meh

Re: Target Red Card keeps following me...

Meanmchine — Thu, 03 Oct 2019 02:41:33 GMT

@Anonymous wrote:
Thats too easy of an answer I like the free shipping and the 5% is a plus. I dont need it but what do we all actually need? Could use some padding for UTL but it doesnt seem to provide much. Biggest plus I guess would be the TL. Meh

Youre also describing the Amazon Prime Store Card

Re: Target Red Card keeps following me...

Anonymous — Thu, 03 Oct 2019 03:15:28 GMT

If you want a REDcard but don't want a new account, get the debit card. Same benefits otherwise but no credit to deal with.

I got sucked in by the offer to spend $100 and get $40 off. Coupon had lots of asterisks but I love Larabars and Maranatha almond butter and at basically 40% off, it was a no-brainer so I stocked up and grabbed Kingdom Hearts III for my Xbox and my Dr. Bronners peppermint soap.

I have compared pricing between Target and Amazon and they're pretty competitive and Target has the advantage of not dealing with third party sellers and sifting through knock off merchandise.

I got a $500 limit. Definitely anemic. And you can't request CLIs. They also don't give you CLIs if you pay your card before it reports so it's a bit more hassle to finesse growth out of but from what I have read, once it starts growing it's pretty regular growth and the chance to get the MasterCard.

I would just go look and see what they might have that would interest you. They are also extremely competitive when it comes to groceries too, especially with that instant 5% discount. If it wasn't for the coupon mania that Kroger stores do, it would be much cheaper for me to buy my groceries from Target.

Re: Target Red Card keeps following me...

BallBounces — Thu, 03 Oct 2019 14:47:49 GMT

@Meanmchine wrote:
@Anonymous wrote:
Thats too easy of an answer I like the free shipping and the 5% is a plus. I dont need it but what do we all actually need? Could use some padding for UTL but it doesnt seem to provide much. Biggest plus I guess would be the TL. Meh
Youre also describing the Amazon Prime Store Card

Yep. Those two are part of the BallBounces Recommended Store Card Elite Club.

Re: Target Red Card keeps following me...

BallBounces — Thu, 03 Oct 2019 14:52:14 GMT

@Anonymous wrote:

<snip>
They also don't give you CLIs if you pay your card before it reports so it's a bit more hassle to finesse growth out of but from what I have read, once it starts growing it's pretty regular growth and the chance to get the MasterCard.

I don't want to disagree with the above, because my point is mostly we don't know how true that is. In general, we at MyFico sometimes correlate things based on A) small sample size B) myopic experiences and C) confirmation bias.

Every time I read a post that says "Card issuer XYZ likes to see ... " I cringe a little.

Re: Target Red Card keeps following me...

Anonymous — Thu, 03 Oct 2019 16:37:51 GMT

@BallBounces wrote:
@Anonymous wrote:

<snip>
They also don't give you CLIs if you pay your card before it reports so it's a bit more hassle to finesse growth out of but from what I have read, once it starts growing it's pretty regular growth and the chance to get the MasterCard.

I don't want to disagree with the above, because my point is mostly we don't know how true that is. In general, we at MyFico sometimes correlate things based on A) small sample size B) myopic experiences and C) confirmation bias.

Every time I read a post that says "Card issuer XYZ likes to see ... " I cringe a little.

It's said enough around here that it might as well be gospel at this point and I remember reading a post somewhere where a rep actually told a member to let the statement cut and then pay it and also to update income every month even if it didn't change which is what started the whole thing.

There are multiple reports of people who were paying before the statement cuts never getting a CLI until they let balances report so it seems solid enough to be a recommendation. I would rather be wrong and tell someone to do something to get a CLI that wasn't necessary than to not suggest it and have them come back wondering a year later why they still have a $300 limit.

Re: Target Red Card keeps following me...

Anonymous — Thu, 03 Oct 2019 22:49:14 GMT

Was looking hard as its one of the very few store cards thats MF worthy by concensus . Although anemic SL, its still quite useful for everyday items and doesnt require the Cap1 Triple Beatdown (Walmart). As stated free shipping and 5% on 99% of items. Does also offer graduation to Open Loop given proper usage and handling. Everyone that has it loves it minus the CLI issues. Might be a winner.

Re: Target Red Card keeps following me...

AverageJoesCredit — Thu, 03 Oct 2019 18:00:58 GMT

You've been Targeted.....🎯

Re: Target Red Card keeps following me...

Anonymous — Fri, 04 Oct 2019 03:39:01 GMT

Cap1 is making it easy for Target to win me over. No discount sunset and no Triple HP Beatdown. Free shipping is a bonus. 5% on just about everything is awesome. Mail order TP is the shizzles.

Re: Target Red Card keeps following me...

PutThatMoneyOnTheTable — Fri, 04 Oct 2019 14:03:32 GMT

@Anonymous wrote:
No matter where I go, this Target Red Card offer keeps following me Target is not even my gig but it's been on me so much lately I had to at least look into it to see what its all about. Apparantly there is a huge Target card following on MF. I think its the 5% that attracts everyone because it certainly cant be the anemic SLs they're giving out Not knocking the card just wondering if its something Im missing... and here it comes... should I App for the card if that's the case? Classic MF question with obvious answer... Should have apped yesterday... what are you waiting for? The marketing Gods are on me... need help.

I'm not big on "tarjay" but boredom does kick in sometimes and I stop after dropping or picking up my kids from school. I also get costumes and holiday decoration there. So I applied for the Debit card version, which also gives me 5% off, free 2 dayshipping and $50 off $100 on a purchase. By doing this you can avoid the hard pull and score drop, since you did menetion that you are not an avid Target shopper.

Re: Target Red Card keeps following me...

Brian_Earl_Spilner — Fri, 04 Oct 2019 14:12:25 GMT

People like it because it's 5% everyday and when it grows, it'll grow. At some point, you'll be converted to the MasterCard version. The question is how long it takes. Some people can do it in a year, I'm on year 4 or 5. Based on the datapoints here, I'm one giant increase from a conversion.unfortunately, they cut off my increases this last quarter so I have no idea when the next one is coming.

Re: Target Red Card keeps following me...

BallBounces — Fri, 04 Oct 2019 15:00:04 GMT

@Brian_Earl_Spilner

Are your sig scores current?

I am guessing you need to age before TD resumes the CLIs if so.

Re: Target Red Card keeps following me...

calyx — Fri, 04 Oct 2019 15:15:32 GMT

If you just want the benefits and don't want the scoring ding of a new account or the worry of a small CLI, just get the debit as mentioned above.

I have the debit and love it - all the same benefits, and just like the credit version you'll get targeted (pun intended) offers.
I got it before I started rebuilding or anything, and even if I had the scores today I had back then, I'd still prefer the debit version over the regular because I just want the bennies without having another card reporting.

Re: Target Red Card keeps following me...

Anonymous — Sun, 06 Oct 2019 03:34:39 GMT

@Brian_Earl_Spilner wrote:
People like it because it's 5% everyday and when it grows, it'll grow. At some point, you'll be converted to the MasterCard version. The question is how long it takes. Some people can do it in a year, I'm on year 4 or 5. Based on the datapoints here, I'm one giant increase from a conversion.unfortunately, they cut off my increases this last quarter so I have no idea when the next one is coming.

Target seems to be worse than Cap1 in the CLI department as if that was even possible.

Re: Target Red Card keeps following me...

Anonymous — Sun, 06 Oct 2019 03:38:00 GMT

@calyx wrote:
If you just want the benefits and don't want the scoring ding of a new account or the worry of a small CLI, just get the debit as mentioned above.

I have the debit and love it - all the same benefits, and just like the credit version you'll get targeted (pun intended) offers.
I got it before I started rebuilding or anything, and even if I had the scores today I had back then, I'd still prefer the debit version over the regular because I just want the bennies without having another card reporting.

The debit would be a smoother option but I feel that if I have to go through the trouble I might as well get a TL along with it. Curious as to why you think having another card reporting would be a hassle in your case?