topic Re: Target CC Input in Credit Cards

Target CC Input

CivalV — Sun, 16 Dec 2018 20:02:48 GMT

So I was recently approved for the Target CC. Unfortunately my SL and temp limit is $300! I am sure will not change when I recieve my actual card in the mail. I wanted to purchase a Nintendo Switch for my daughter. I put it in the cart and got the 5% off, free shipping plus a $25.00 gift card for purchasing the console. My question is with taxes and everything it totals to $310.56 with tax included. If I were to go over the limit would it prompt me to pay the rest of the balance with an alternative payment? Would this look bad on my CR? I would be able to pay my card right back as I have the cash in hand but really want the discount with my Target CC.

Re: Target CC Input

pizza1 — Sun, 16 Dec 2018 21:14:14 GMT

@CivalV wrote:
So I was recently approved for the Target CC. Unfortunately my SL and temp limit is $300! I am sure will not change when I recieve my actual card in the mail. (you're probably correct. Only one or two folks who had a "temp" online CL, actually got a better one when they received the card). I wanted to purchase a Nintendo Switch for my daughter. I put it in the cart and got the 5% off, free shipping plus a $25.00 gift card for purchasing the console. My question is with taxes and everything it totals to $310.56 with tax included. If I were to go over the limit would it prompt me to pay the rest of the balance with an alternative payment ( I would assume it would)? Would this look bad on my CR?(only if you let the the entire balance report. At that point it would show a 100% maxxed out card, and FIco doesnt like any card reporting more than 30% of its limit, so you would see a score drop potentially). I would be able to pay my card right back as I have the cash in hand but really want the discount with my Target CC. (If you could pay the balance, or most of it (Target also likes a small balance reporting each month of use), before the statement cut, then its a win-win for everyone..you, fico scores, and Target).

Re: Target CC Input

CivalV — Sun, 16 Dec 2018 22:54:24 GMT

Wow thanks for replying! How much should I let report on the Target CC? It would be great to make this one purchase. If anything it will just decline, I assume?

Re: Target CC Input

DaveInAZ — Sun, 16 Dec 2018 23:03:02 GMT

They're unlikely to approve the purchase for any amount over the credit limit, especially on a just recently approved card. I don't shop Target.com, but maybe you can buy a $25 Target gift card with another credit card? If they're like Amazon you can add the gift card payment to the order and bring the total paid with the Target card to under $300, and still get the 5% discount & free shipping for the Target card payment.

Re: Target CC Input

pizza1 — Sun, 16 Dec 2018 23:11:33 GMT

@CivalV wrote:
Wow thanks for replying! How much should I let report on the Target CC? It would be great to make this one purchase. If anything it will just decline, I assume?

less than 30%..so $80-$85.

You can always try and see if they will allow the purchase. I highly doubt they will allow it though. If its successful, dont be surprised later that you could get an email saying, unable to complete your order please call customer service, or something like that. Probably due to the fact you didnt have enough available credit to complete the order.

Re: Target CC Input

Priory_Man — Sun, 16 Dec 2018 23:10:53 GMT

@DaveInAZ wrote:
They're unlikely to approve the purchase for any amount over the credit limit, especially on a just recently approved card. I don't shop Target.com, but maybe you can buy a $25 Target gift card with another credit card? If they're like Amazon you can add the gift card payment to the order and bring the total paid with the Target card to under $300, and still get the 5% discount & free shipping for the Target card payment.

Sound advice, the gift card would be the way to go.

Re: Target CC Input

CivalV — Sun, 16 Dec 2018 23:55:49 GMT

Yes! They do give the option of the gift card! Thank you for this suggestion. It was declined *not surprised* but I can definitely do the gift card and Target CC! Genius!

Re: Target CC Input

Anonymous — Mon, 17 Dec 2018 04:09:44 GMT

Why bother with credit card? Just get their debit card, the same 5% cashback. Can use it online too. That's what i did, as they declined my credit card application. Cancel the credit card sometime down the line.

Btw, beware Target is infamous for overcharging. Just take a calculator and double check the bill. I discovered recently that they overcharged me on an online order.

Re: Target CC Input

K-in-Boston — Mon, 17 Dec 2018 04:45:08 GMT

With the debit card option, you lose the grace period (up to 58 days to pay it back) and what purchase protections are available with the card. I’ve had my card for 16 years; overcharging is not something I’ve encountered or previously heard of.

Re: Target CC Input

Anonymous — Mon, 17 Dec 2018 14:53:34 GMT

Target credit card does not offer any extended protection benefits, no sir. All other benefits (free shipping and 30 days return) are the same for debit and credit. Maybe 16 years ago it was a different card?

About overcharging - i was also shocked, when saw on my bill, and how widespread it is [Mod cut - Sorry, links to that website are not allowed on myFICO - KiB]

I am still trying to get my money back.. what a nightmare it is.

Did not post a link right away as not to derail the thread, but the op got to know and be aware.

Re: Target CC Input

Anonymous — Mon, 17 Dec 2018 06:12:24 GMT

Sounds like another reason to get the Target Red Debit card instead of the Target Red CC (both get 5% off etc etc, main difference is that one is a debit card that links to your preexisting checking account and the other is a store credit card that, aside from the benefits it shares with the debit card, is wholly ho-hum).

Re: Target CC Input

Anonymous — Mon, 17 Dec 2018 14:15:04 GMT

I haven't had issues with Target's billing in the past, but this holiday season it's been a mess. I haven't been overcharged yet, in fact I've been undercharged a few times, but I'll second the suggestion to check your statements carefully.

I've had a few instances where one order had had three different totals attached to it: the original order email, the email with the total after it ships, and the actual amount I was charged, which you can find by logging into to your target (not red card) account, pulling up the order and opening the invoice. In many cases the second email total was higher then the first but the invoice was lower.

Because so many orders are being sent in multiple shipments it's even harder to reconcile, so do be vigilant.

Re: Target CC Input

K-in-Boston — Mon, 17 Dec 2018 15:23:45 GMT

@Anonymous wrote:
Target credit card does not offer any extended protection benefits, no sir. All other benefits (free shipping and 30 days return) are the same for debit and credit. Maybe 16 years ago it was a different card?
About overcharging - i was also shocked, when saw on my bill, and how widespread it is [Mod cut - Sorry, links to that website are not allowed on myFICO - KiB]
I am still trying to get my money back.. what a nightmare it is.
Did not post a link right away as not to derail the thread, but the op got to know and be aware.

By protection benefits, the credit card has zero liability for unauthorized use. The debit card has a $50 liability for unauthorized use if you report it within four days, if not the liability is raised to $500. The other safeguard is that with the credit card, the maximum someone could charge would be your credit limit, while with the debit card they are only limited to the balance of your checking account plus any overdraft protection. For some of us, that means someone could potentially charge well in excess of $100,000 before hitting that limit. While you may not be liable for all of it in the end, you could imagine there'd be many headaches with having your bank account drained. Personally, I just find it too risky.

I had not previously heard about overcharging, but will certainly keep an eye out. Thanks for bringing that to our attention and I hope you're able to get it straightened out.

Re: Target CC Input

Anonymous — Tue, 18 Dec 2018 06:28:46 GMT

I did not know about liability of 50$..

But is not it inherently more safe because of the PIN?

Re: Target CC Input

Anonymous — Tue, 18 Dec 2018 14:52:04 GMT

if you have the cash in hand, walk into a Target store and make a $310.86 payment..wait a day and you will have a $310.86 credit balance...then i bet you it lets you make the charge.