Does anyone on here have both the Target store card AND the debit card? I have the store card, but I've been thinking of SD it and only using it every few months or so. I'd much rather use the debit card, since they did away with the 10% coupons a while back. I would close it, but it's my oldest account (got it right after turning 18 in 2008).
Also this forum is addicting! I still want to app for my BCP in 2 weeks, as well as the Cash+ in March, but now I've been considering the TYP from Citi so I can get a true 1:1 redemption on all gift cards rather than just a few of them (for only $100 at that). I've also been considering the Capital One Cash Rewards card, since I'm preapproved for it (just to have a 1.5% card for anything). I think in March after app'ing I'll just garden away instead 
I had both until i canceled the credit card (the low limit made it unusable for me). I still use the debit card so i can save 5%
Starting Score: TU 608, Eq 618
@Chaos122 wrote:I had both until i canceled the credit card (the low limit made it unusable for me). I still use the debit card so i can save 5%
Thanks. Now that I know, I'm going to keep the credit card open for the sake of my AAoA, but switching over to the debit the next time I head in store (can't beat the 5% off directly 
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@Anonymous wrote:
@Mike360 wrote:If you think about it it really is a horrible store card since they offer no financing options ever and the benefits you do get with that card you can also get with the debit version so why not just go for that version. I only keep mine open because i don't close accounts that have no AF even if i don't use 'em but if you are thinking about doing so it wouldn't be a horrible decision either way.
@Anonymous Buy started me out @ $3K a year ago and within a year i was at $6K so Target really doesn't get any of my electronic purchases which in my household is alot of money.
The one benefit you get with the credit card over the debit card is the predictability of a single payment coming out of your checking account, rather than multiple small purchases being debited whenever they feel like it. The debit card trips up a lot of people with overdrafts who don't balance their checking accounts and live paycheck to paycheck.
I very rarely shop at Target these days though -- I only haven't closed mine yet because I'm waiting to see what TD bank does with CLIs once they control the account.
Wait, the debit card doesn't just withdraw at the end of the day? I assumed it worked like the debit card we offer at my job (higher end clothing retailer) - that card deducts all of your purchases at the end of the day at one time. Nonetheless, I don't spend nearly enough to worry about cleaning out my bank account when I go to Target
