Target Redcard Approved

[Anonymous]

---

@CountryLivin wrote:

---

@Anonymous wrote:

Congrats on the approval!

Kinda off topic here, but how do Target's debit and credit cards compare? I have the debit one and I heard it functions pretty much like the credit one with the 5% off discount every time.

---

The debit card from Target functions exactly the same.....you still get free shipping and 5%.....the money is just debited from your account.

---

^^^this

Also, you can have both the credit and the debit versions. Can be helpful if if starting out with a low CC limit.

I swear the RedCard likes to see a decent balance reported every now and again. I let mine report about $650 when my limit was $800, carried it a statement or two, and when I PIF'd, got my increase to $1300

[KSK1912]

---

@Anonymous wrote:

---

@CountryLivin wrote:

---

@Anonymous wrote:

Congrats on the approval!

Kinda off topic here, but how do Target's debit and credit cards compare? I have the debit one and I heard it functions pretty much like the credit one with the 5% off discount every time.

---

The debit card from Target functions exactly the same.....you still get free shipping and 5%.....the money is just debited from your account.

---

^^^this

Also, you can have both the credit and the debit versions. Can be helpful if if starting out with a low CC limit.

I swear the RedCard likes to see a decent balance reported every now and again. I let mine report about $650 when my limit was $800, carried it a statement or two, and when I PIF'd, got my increase to $1300

---

+1

Started with $300 and went up to $4K and MC conversion in 9 months by using the card and leaving a balance. Before then i would always PIF and it was only after carrying a balance that i started seeing cli's from $300 to $800 to $1300 to $4K in about 6 months.

[mr_awesome]

Congrats on the approval for the Red Card!  I shop at Target a lot, so this gets a lot of use for me.

I started at 300 or 500, then up to 700, 900, 1300, and 1900 in about 12 months total.  Responsible usage gets you automatic CLIs.  Unfortanately you cannot request a CLI from TD Bank for this card, either online or over the phone.  They aren't super shy about giving them out, in my experience.  I remember all my CLIs have come after I paid off the card and let it post a $0 balance, so maybe that has something to do with it.  My scores and overall limits were increasing during this time, so it could have just been my overall profile improving.

Enjoy that 5%!

[Anonymous]

Thanks for the replies and great info everyone! So the consensus is leave some type of balance to maximize CLIs?

[Cleaningitup2016]

I thought the target mastercard went bye-bye when td bank took it over?

[Anonymous]

---

@KSK1912 wrote:

---

@Anonymous wrote:

---

^^^this

Also, you can have both the credit and the debit versions. Can be helpful if if starting out with a low CC limit.

I swear the RedCard likes to see a decent balance reported every now and again. I let mine report about $650 when my limit was $800, carried it a statement or two, and when I PIF'd, got my increase to $1300

---

+1

Started with $300 and went up to $4K and MC conversion in 9 months by using the card and leaving a balance. Before then i would always PIF and it was only after carrying a balance that i started seeing cli's from $300 to $800 to $1300 to $4K in about 6 months.

---

 Thanks for the tip. So if I already have other cards or if I don't need another line, perhaps I should stick to my debit?

[Anonymous]

Congrats on your approval!!

[Failingupwards]

I've had a Red Card since 2008 and I'm only at $2300.

SIGH

[SunriseEarth]

Congrats on approval!  Small SLs are par for the course with the redCard...just keep "updating" your income and let a balance post (you can PIF to avoid interest, but wait until after statement close).

[JoshSF]

Yay congrats! Even if you just use it for regular purchases, 5% off is better than 0% off! And free shipping for online orders :-)