I was reading through this thread and wonder what you guys think of this theory: they're not going to convert someone to a MasterCard and pay the additional transaction fees unless they're certain the customer will use that card outside of Target.
As an example, I have the store REDcard. I average about $2K a year on it every year going back to 2012 because I live across the street from a SuperTARGET and buy some groceries there.
I think it would be easy to discern from my credit reports that I likely use nothing but rewards cards -- long history, high limits, nothing opened since 2012, no other store cards, no inquiries, no lates, and full payments each month. So why should they pay MasterCard fees for a card I very likely would never use except at Target? I think they'd be morons to upgrade me to the MasterCard.
Agreed, they are somewhat weird generally. I originally got a store REDcard when my wife signed up. She used her income only and got $3K. She had an active mortgage on her credit report, and if I recall, some lates that were several years old. We got divorced, and I got my own. My reports showed a paid mortgage, a much more extensive and better credit history, and I had an income 2.5x hers. I got $900 and it stayed there until last year when they bumped it to $1300. Go figure.
. Most people do not receive auto cli let alone back to back or months on end. If you receive one be grateful for like Blisspay, here today , gone tomorrow