topic Re: TARGET RED CARD in Credit Cards

TARGET RED CARD

Anonymous — Sat, 06 Jul 2019 23:43:12 GMT

Anyone know what criteria is for the Target Red Card?

Re: TARGET RED CARD

Hockeypnc1 — Sun, 07 Jul 2019 00:53:29 GMT

Not sure, but they gave me $1,000 and I have about 650s credit scores, a 2016 Bankruptcy, and TONS of inquiries.

That approval was about 10 days ago.

Re: TARGET RED CARD

chhull00 — Sun, 07 Jul 2019 01:33:43 GMT

Got my target when my scores were in the low 700s, got 800, but now 1 year and 3 months later, auto cli to 9000 and MC too

Re: TARGET RED CARD

Hockeypnc1 — Sun, 07 Jul 2019 01:48:25 GMT

How many increases did it take to get that high?

Also were you a frequent shopper?

Re: TARGET RED CARD

DCreationrebel — Sun, 07 Jul 2019 01:58:30 GMT

I got approved for one today for $1,300. They pulled my TU I'm 730 plus FICO

Re: TARGET RED CARD

Anonymous — Sun, 07 Jul 2019 02:11:21 GMT

tu 727 ,lot of inqs no negatives but short credit history got 300 limit

Re: TARGET RED CARD

chhull00 — Sun, 07 Jul 2019 02:24:49 GMT

@Hockeypnc1 wrote:
How many increases did it take to get that high?first auto increase to 800 to 2000, then next auto increase to 9000 and MC upgrade, i spend from 25- 50 every month, i buy tracfone cards for my family so get 5% on them, i always let it post and pif always, update income monthly
Also were you a frequent shopper? yes online not in store

Re: TARGET RED CARD

sghosh5 — Sun, 07 Jul 2019 13:58:45 GMT

@Hockeypnc1 wrote:
Not sure, but they gave me $1,000 and I have about 650s credit scores, a 2016 Bankruptcy, and TONS of inquiries.
That approval was about 10 days ago.

They just gave me only $500 lol and i have scores over 750 but tons of inquiries.

Re: TARGET RED CARD

Anonymous — Sun, 07 Jul 2019 14:24:48 GMT

Before applying for the card, just think about your goals. If you want a credit card with some CL, it may not be a great choice as SL are often somewhat low compared to some other choices. If you just want the 5% off at Target, the debit card is a good choice which doesn't impact your credit report (but with fewer protections on big ticket items)

Re: TARGET RED CARD

Anonymous — Wed, 10 Jul 2019 13:46:47 GMT

I don’t recall my credit score when I applied in 2016, but it was my second credit card. Got approved for $500 and never saw an auto-CLI; however, when I SD it last year, I got an auto-CLI to $4500 and an upgrade to MC.

Re: TARGET RED CARD

Anonymous — Fri, 12 Jul 2019 02:06:04 GMT

sgosh5,

Thanks for the response...I just have to ask..Looking at your profile signature, how long did it take you to be able to obtain so many cards. I think you have every card that is available from every credit card company out there.

Just curious...I hope one day I have the ability to get this kind of credit ability. I have had so many setbacks between bankruptcy filing in 2015 that is finishing up, to pay decreases in employment.. I just feel so frustrated trying to always make it over the threshold to a 700 score...I don't think my score has ever been over 650.

Re: TARGET RED CARD

Aim_High — Fri, 12 Jul 2019 02:25:38 GMT

Congrats on the Red Card approval.

I just advise you and anyone else who has it to be EXTREMELY careful.

I had that card and it's been nothing but a thorn in my side.

Target pushes that card at the checkout stand and harasses their employees to sell it.

There are lots of horror stories on line about it from employees and other customers.

Then Target National Bank is VERY customer-hostile with any situations you need to work with them about.

Target presents this very friendly, hip image on their commercials, but Target National Bank is anything but friendly.

They can keep their 5%. For that matter, they lost me as a customer for good. I refuse to even set foot in their stores.

Re: TARGET RED CARD

SBR249 — Fri, 12 Jul 2019 02:55:08 GMT

Target National Bank was acquired by TD Bank back in 2013. I haven't heard a lot of complaints about TD Bank tbh.

Re: TARGET RED CARD

sghosh5 — Fri, 12 Jul 2019 14:30:13 GMT

@Anonymous wrote:
Before applying for the card, just think about your goals. If you want a credit card with some CL, it may not be a great choice as SL are often somewhat low compared to some other choices. If you just want the 5% off at Target, the debit card is a good choice which doesn't impact your credit report (but with fewer protections on big ticket items)

I realized after getting the card and activating it i get 10% off on Hotels.com which is awesome for me since i have a lot of travel and hotel stays coming up this year. So the application for new card didn't go totally worthless for me.

Re: TARGET RED CARD

sghosh5 — Fri, 12 Jul 2019 14:36:21 GMT

@Anonymous wrote:
sgosh5,
Thanks for the response...I just have to ask..Looking at your profile signature, how long did it take you to be able to obtain so many cards. I think you have every card that is available from every credit card company out there.
Just curious...I hope one day I have the ability to get this kind of credit ability. I have had so many setbacks between bankruptcy filing in 2015 that is finishing up, to pay decreases in employment.. I just feel so frustrated trying to always make it over the threshold to a 700 score...I don't think my score has ever been over 650.

Back in 2013 my score was 480s in all bureau because of tons collection, charge offs etc. I am thankful to my job which helped me get back on my feet. I paid off each collection, debt and whatever bad i had, called them to negotiate to delete from report, some of them did, some of them didn't. The ones didn't fell off from report in a year or two and since then my scores gradually went up. I started with getting secured cards from Cap one and other banks and ended up closing them later. Right now my scores should easliy be around 800s but they are down due to too many applications and new accounts. I am in garden till one year at least as i am looking a to get a second house next year. I realized it late but credit is very important in this country. I came here as an international student so messed up in my initial years but not anymore. Plus my DW is a big inspiration here. She managed her credit so well in very less time. Came here in 2008 and now her credit scores are 830s, 0 negative, 0 inqs lol.

Dont worry my friend. You will get there. Remember its a marathon not a sprint.

Re: TARGET RED CARD

Anonymous — Fri, 12 Jul 2019 14:40:48 GMT

@sghosh5 wrote:
@Anonymous wrote:
Before applying for the card, just think about your goals. If you want a credit card with some CL, it may not be a great choice as SL are often somewhat low compared to some other choices. If you just want the 5% off at Target, the debit card is a good choice which doesn't impact your credit report (but with fewer protections on big ticket items)
I realized after getting the card and activating it i get 10% off on Hotels.com which is awesome for me since i have a lot of travel and hotel stays coming up this year. So the application for new card didn't go totally worthless for me.

The Target MC gives 10% off Hotels.com?

Re: TARGET RED CARD

Anonymous — Fri, 12 Jul 2019 14:43:57 GMT

I got my Target Red Card at the beginning of April this year. They started me with $2500. They pulled EQ and made my 12th EQ INQ. UTI was below 10% across the board.

In the 3 months I have used their card I have saved well over $180 between the 5%, cartwheel, app coupons, sales, target gift cards, etc. In fact, there are a lot of online/ same day pickup deals. For example, last month when I threw 3 or 4 packages of dog treats into my cart I was offered 40% off if I picked my order up the same day.

I am a couponer, sale shopper, and Target is on my regular shopping circuit so for me getting a Red Card made sense. Now they have high interest rates so I don't recommend the card if you have to carry a balance at all.

Re: TARGET RED CARD

WorkingHard56 — Fri, 12 Jul 2019 15:22:33 GMT

I applied with a 643 Equifax score and they told me to pound sand.

It was a haste decision to apply.

Re: TARGET RED CARD

Aim_High — Fri, 12 Jul 2019 15:51:20 GMT

@WorkingHard56 wrote:
I applied with a 643 Equifax score and they told me to pound sand.
It was a haste decision to apply.

^ ^ ^ That is one of the things I was talking about with the Red Card.

(Although a lot more had to do with what happened later.)

IMO, retailers should be forbidden to approach customers at the checkout

to make a spur-of-the-moment decision about applying for credit.

Applying for credit is NOT an 'impulse purchase' like buying a pack of gum.

Re: TARGET RED CARD

sghosh5 — Fri, 12 Jul 2019 15:59:58 GMT

@Anonymous wrote:
@sghosh5 wrote:
@Anonymous wrote:
Before applying for the card, just think about your goals. If you want a credit card with some CL, it may not be a great choice as SL are often somewhat low compared to some other choices. If you just want the 5% off at Target, the debit card is a good choice which doesn't impact your credit report (but with fewer protections on big ticket items)
I realized after getting the card and activating it i get 10% off on Hotels.com which is awesome for me since i have a lot of travel and hotel stays coming up this year. So the application for new card didn't go totally worthless for me.
The Target MC gives 10% off Hotels.com?

I just got the red card (store card). When i logged in the account, there was a link to take you to Hotels.com for 10% discount. You cannot add the coupon code if you do not go to the link from Target site.