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Target Redcard questions

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Super Contributor

Target Redcard questions

I’m aware there’s a MasterCard version a store card version and I think a regular version. Can someone please confirm this? If so, there’s no inquiries or credit involved with the plain Jane redcard is there?
-Our Community’s updated scoring wisdom: Link to Scoring Primer.
-For Negative Reason Codes see: CassieCard’s Score Factors thread.
-ccquest’s workbook to calculate metrics for you: Link to Workbook.

Nov 2020, Clean/Thick/Mature/No New Account Scorecard (EX9 not updated yet. Oldest/avg varies. Estimates above.)
Real world mortgage maxes are: EQ5-818, TU4-839, EX2-844.


RIP:
(Everything said is JMHO and is not endorsed by FICO or MF. I have no affiliation with either, just a grateful member.)
Message 1 of 9
8 REPLIES 8
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Regular Contributor

Re: Target Redcard questions

I know there is a Redcard credit card and a Redcard debit card.  There may also be a Redcard MC/Visa though I am not positive.  There is a credit check if you want the Redcard credit card.  I, personally have the debit card though I don't remember having a credit check done for the debit version.  Hope this helps.

Starting Scores (9/19): EQ - 474/TU - 528/EX - 502
Current Scores (12/20): EQ - 616- TU - 634/EX - 649
Comenity M/C - $1550.00, BJ's Perks MC - $1000.00, Credit One - $600.00, NFCU - $200.00, William Sonoma - $2000.00, Lands End - $500.00, Pottery Barn - $500.00, Fingerhut - $700.00
Message 2 of 9
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Valued Contributor

Re: Target Redcard questions

I am assuming by "plain Jane" you mean the debit card? If so, then no there is no inquiry on your credit to get this card. You need to link your bank account. When you pay the funds are pulled directly from your linked bank account.

Message 3 of 9
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Super Contributor

Re: Target Redcard questions

To be honest I didn’t even know that it was a debit card. I just knew they had a MasterCard a store card and then they said a redcard so I didn’t know if it was debit or what so that’s why I was seeking the knowledge of the forum.

Thank you for responding and educating me.
-Our Community’s updated scoring wisdom: Link to Scoring Primer.
-For Negative Reason Codes see: CassieCard’s Score Factors thread.
-ccquest’s workbook to calculate metrics for you: Link to Workbook.

Nov 2020, Clean/Thick/Mature/No New Account Scorecard (EX9 not updated yet. Oldest/avg varies. Estimates above.)
Real world mortgage maxes are: EQ5-818, TU4-839, EX2-844.


RIP:
(Everything said is JMHO and is not endorsed by FICO or MF. I have no affiliation with either, just a grateful member.)
Message 4 of 9
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Frequent Contributor

Re: Target Redcard questions

The credit version can also be upgraded to a MC by the issuer (TD Bank) if they determine an account to be worthy. Cannot be requested by a customer.






Message 5 of 9
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Super Contributor

Re: Target Redcard questions

Yeah I’m looking for the 5% off without having to open a new credit account. The debit card will get a 5% off still right?
-Our Community’s updated scoring wisdom: Link to Scoring Primer.
-For Negative Reason Codes see: CassieCard’s Score Factors thread.
-ccquest’s workbook to calculate metrics for you: Link to Workbook.

Nov 2020, Clean/Thick/Mature/No New Account Scorecard (EX9 not updated yet. Oldest/avg varies. Estimates above.)
Real world mortgage maxes are: EQ5-818, TU4-839, EX2-844.


RIP:
(Everything said is JMHO and is not endorsed by FICO or MF. I have no affiliation with either, just a grateful member.)
Message 6 of 9
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Frequent Contributor

Re: Target Redcard questions


@Birdman7 wrote:
Yeah I’m looking for the 5% off without having to open a new credit account. The debit card will get a 5% off still right?

Yes, that's the way to go to get the discount without the HP and new account






Message 7 of 9
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Moderator Emeritus

Re: Target Redcard questions

@Birdman7
Re: Target Redcard questions
Yeah I’m looking for the 5% off without having to open a new credit account. The debit card will get a 5% off still right?

Do you want to expose your banking relationship to Target Stores? You know as well as anyone about their outstanding system security! Com'mon!
Starting Score: 300
Current Score: 850
Goal Score: 850


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Message 8 of 9
Highlighted
Super Contributor

Re: Target Redcard questions

Yes that was the next implication I was thinking of. I thought the regular card was just a discount card that kept points I didn’t realize it was a debit card until members educated me. I’ve got some thinking to do now.
-Our Community’s updated scoring wisdom: Link to Scoring Primer.
-For Negative Reason Codes see: CassieCard’s Score Factors thread.
-ccquest’s workbook to calculate metrics for you: Link to Workbook.

Nov 2020, Clean/Thick/Mature/No New Account Scorecard (EX9 not updated yet. Oldest/avg varies. Estimates above.)
Real world mortgage maxes are: EQ5-818, TU4-839, EX2-844.


RIP:
(Everything said is JMHO and is not endorsed by FICO or MF. I have no affiliation with either, just a grateful member.)
Message 9 of 9
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