target red retail card

[Anonymous]

I am in rebuilding with 2 cards being utilized properly.  My Fico is 678 last I checked and wanted to inquire about anyone with experience using a Target card.  How do you like the card?  Also, is it prudent for someone in rebuilding phase to get a retail card before a card with better terms.  Moreover, would anyone know what type of fico score would be needed to obtain one.

[Anonymous]

I don't have the retail card, I have the debit card, but can somewhat chime in. I use the debit card all the time, I basically live in Target. i have a feeling i would feel the same way with the retail card as well. I think you would easily get approved for it, and no I don't think it's essential to have a store card when rebuilding. I think they just tend to be easier to get approved for which is why people get them. 

[Anonymous]

yes it seems like there is always something extra that you need at every turn when in target,  Thnaks for your unput.

[bk13girl]

I have the Target Credit Card and had it for years. I am a avid shopper of Target. I use the card to get the 5% off, along with, my cartwheel, and my coupons. I PIF each month. If you're an avid Target shopper might be worth it. 

[Anonymous]

did you have an exxllent fico score when you applied for target card?

[Adkins]

I was still rebuilding when I got mine, here is my post:

http://ficoforums.myfico.com/t5/Credit-Card-Approvals/Target-Red-Card-Approval/m-p/5080957#M513063

[Anonymous]

Unless you're frequently needing to purchase large ticket items you can't reasonably afford (and in which case you have more pressing concerns to address than should you app a store card) there's not really any reason to pickup a Target store credit/visa card instead of just getting the debit.

Debit gives you same 5% off, and the other few perks of the store credit cards are meh at best. Especially if you are rebuilding I would recommend going debit & saving the HP/new account for something that offers you more. Unless target started offering 0% and you want to float like a me tv or something I don't see the need for the credit version. I say this as someone with both the redcard debit & redcard non-Visa credit card.

[Anonymous]

Personally I'd get the target debit card (which I do have) and if you really want a store card consider the Sears MasterCard because of the occasional 10% back offers (seems like it's grocery/gas/restaurant - I will be applying for this card in the coming months)

[Anonymous]

I decided on the Target debit card instead of opening another retail trade line, and I get the same 5% discount and free shipping as the credit card. Per advice found on these forums, I opened a separate checking account (no-fee no-min balance CapOne 360) and linked it exclusively to the Target card, to minimize any possible fraud damage. I keep only a month's worth of Target shopping funds in it, replenishing as needed.

[longtimelurker]

If you are just interesting in savings at Target, rather than getting a credit card for rebuilding, the debit card is fine.   However, you can get slightly more savings buying discounted target gift cards from a reseller.   Just checking now, it's not huge:   you can get cards at 5.5% off, and so buying those with a 2% cc raises the discount to over 7%.     Which might not be worth the bother.   But Target app makes gift cards very easy to use

At times, you get much better discounts than 5.5%