topic Re: Target converting RedCard to Mastercard in Credit Cards

Target converting RedCard to Mastercard

ashenk224 — Tue, 20 Jun 2017 14:40:39 GMT

I saw online a week or so ago that Target increased my RedCard limit from $2300 to $4000. The same day I got the letter in the mail telling me about it I also got a letter telling me they're converting my card to a Mastercard in August as long as my account stays in good standing. I really have no use for it since I have the Chase Freedom Unlimited, Discover IT, and Amex BCE but it's still exciting since I've been putting all this work into improving my credit.

Re: Target converting RedCard to Mastercard

Anonymous — Tue, 20 Jun 2017 15:56:57 GMT

Congrats. 🎈 I have been reading a lot of CLI and Upgrades lately from Target. Maybe they are loosening their strings a bit.

Re: Target converting RedCard to Mastercard

AverageJoesCredit — Tue, 20 Jun 2017 16:44:28 GMT

Wow, for almost a whole year in my time here on myFico, all i read about how no one can get increases on their Target or cant get the mc. Now the increases are flowing like wine and the mc is being offered much more. I think you are the second person recently to get the mc conversion and doesnt care for it. Strange Target world indeed.

Re: Target converting RedCard to Mastercard

Failingupwards — Wed, 05 Jul 2017 21:09:20 GMT

I've had my Target card since 2008. Never late, never over limit. Moderate use... I'm just now at $2300 limit.

Re: Target converting RedCard to Mastercard

Anonymous — Wed, 05 Jul 2017 22:56:12 GMT

Congrats op! I just got the letters for my upgrade today too. $1k->$4k CL and will be converted to MC in August. I had it sock drawered since end of last year and pulled it out for use last month. Got 2 uses out of it before I saw the CL upgrade on my credit report. Glad to see some upward movement on this card.

Re: Target converting RedCard to Mastercard

EaglesFan2006 — Fri, 07 Jul 2017 20:27:14 GMT

I got this letter also! Does anyone know if the card will report as a new line of credit with a new account open date? I had something similar with PayPal, and they ended up closing the smartconnect and reporting the Mastercard as a new line. Does anyone know if the same will happen with Target?

Re: Target converting RedCard to Mastercard

hredder — Sat, 19 Aug 2017 19:48:30 GMT

It will not be a new trade line. The old history of the store target card will move over to this ttrafelon

Re: Target converting RedCard to Mastercard

hredder — Sat, 19 Aug 2017 19:49:04 GMT

Trade line. Silly iPhone autocorrect

Re: Target converting RedCard to Mastercard

LadyVee — Fri, 01 Sep 2017 20:13:06 GMT

I just received my Target MasterCard yesterday. Although I won't be using it anytime soon, as a nice surprise it did come with 2% back on gas, dining and travel and 1% back on everything else.

Re: Target converting RedCard to Mastercard

jbh — Fri, 01 Sep 2017 20:24:47 GMT

Congrats. If I may ask, how long have you had the card and was your pattern of payment always PIF? I ask because my wife received one a few months ago for her business and trying to gauge possibilities of this outcome for her (started at $300 limit).