topic Re: Target RedCard Upgrade in Credit Cards

Target RedCard Upgrade

JasonX84 — Wed, 03 Aug 2022 12:40:24 GMT

Hello all,
A week ago made it exactly two years since I was approved for the Target RedCard in 2020. I finally received a CLI of $1,100 brining my total line to 2K. I initially started with $900, and have been rebuilding credit since early 2016. I received a letter in the mail informing me I am being upgraded to the Mastercard in two months. I'm a little underwhelmed with the credit limit based on other reviews who mention getting up to 6K before the upgrade, but still happy. I have higher limits with Capital One. I always pay my Target RedCard in full and use less that 15%. Only advantage I see for myself with the Mastercard is 2% back on gas and dining - although my SavorOne gives me 3% for dining.

Re: Target RedCard Upgrade

FireMedic1 — Wed, 03 Aug 2022 14:31:35 GMT

Target Red Card is run by TD Bank. You cant compare other banks on how they operate their credit division. No one will ever match on CL's or CLI's with any bank or creditor. Cap1 runs it their way. TD Bank has their own way. Usage % may have helped being promoted to the MC. Since you PIF each time. The CL will help with aggregate util %'s if you carry balances on other cards. Thats how higher lines of credit work. Congrats on the upgrade. And welcome to the forums!

Re: Target RedCard Upgrade

SouthJamaica — Wed, 03 Aug 2022 15:59:29 GMT

@JasonX84 wrote:
Hello all,
A week ago made it exactly two years since I was approved for the Target RedCard in 2020. I finally received a CLI of $1,100 brining my total line to 2K. I initially started with $900, and have been rebuilding credit since early 2016. I received a letter in the mail informing me I am being upgraded to the Mastercard in two months. I'm a little underwhelmed with the credit limit based on other reviews who mention getting up to 6K before the upgrade, but still happy. I have higher limits with Capital One. I always pay my Target RedCard in full and use less that 15%. Only advantage I see for myself with the Mastercard is 2% back on gas and dining - although my SavorOne gives me 3% for dining.

Welcome to the forum.

Congratulations on the CLI and the upgrade

PS Perhaps you should ask the moderators to move this thread to "Credit Card Approvals"

Re: Target RedCard Upgrade

azdude480 — Wed, 03 Aug 2022 17:32:17 GMT

Congratulations on the upgrade! I think they originally approved me for something like 2K immediately post bankruptcy (circa 2014). I had a previous MC with them for many years, though, and didn't burn them in the bankruptcy for anything.

Over the last 8-9 years since then, it's only grown to $3500 and has stalled out there. (It's fine though, it's insanely unlikely I'd ever spend more than $1200 at any given time at Target.)

Well done though. Something about a 'store' card having that little Visa, MasterCard, or AMEX logo makes it better (and more convenient and 'rewarding' to use, of course)!

Re: Target RedCard Upgrade

Adkins — Wed, 03 Aug 2022 17:50:32 GMT

Congratulations on your Target MC upgrade!

Re: Target RedCard Upgrade

gingerflower — Thu, 04 Aug 2022 01:28:37 GMT

Congratulations with the target upgrade to the Mc version.

Re: Target RedCard Upgrade

NoMoreE46 — Sat, 06 Aug 2022 01:38:34 GMT

Congratulations @JasonX84 .

Most are upgraded when the CL = > $4,000. $2,000 is one of the lowest amounts I have seen getting the MC version. In fact, you are the 2nd.

Consider yourself lucky on getting to it so quickly.

It can grow.

Re: Target RedCard Upgrade

gendelmel — Sat, 06 Aug 2022 21:18:18 GMT

Congratulations!!