Target Credit Card

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The Target Credit card is an ok card.  When I first applied i started with a $300 limit which was good for only a instore credit card (which the cashier forgot to mention to me when i went through the application process, otherwise i wouldnt have even done it).  About 2 months later it was up'd to $500 instore credit card, and probably a few more months and it went to a wopping $5,000 limit (big jump, eh?)  yeah it was nice to see such a big credit limit increase is what i like about target's credit card's.  They do automatic increases on limits periodically which will increase your credit score.  (do i use that $5K, no not nearly). 

So its a snazzy card that is shiny whoa ahhh.  However the interest rate is higher than many might appreciate if your not make payments in full every month (which i am, so it is not really relevant to me).  They give you a 10% off your entire purchase when you are first approved and every $1,000 after that you get another 10% off, which my last one i received I didnt even use and it expires after about a month or two.  I mean a measly 10% sounds cool and all but in reality its hardly nothing at all as far as rewards cards go.  I would consider another card if I was to do it again, only because the rewards for this card are not that all great.  overall it is an ok card and i havent had any problems with it. 


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Target Credit Card
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  1. I have contemplated appling for this card but I always say no everytime because I live in that store so I know it would be maxed out in a heart beat! That is a big raise though in your credit limit!

    crunkyjens on May 17, 2008 00:51
  2. I am glad that you are not using the total $5,000 limit and are paying it off every month. It is sooo easy to get into trouble with these types of cards. I agree that 10% is not much of a reward... especially with the high interest rates to eat it up in no time!

    Bosoxy on May 20, 2008 23:39
  3. After having several store cards, I now avoid them totally. I get better APR and perks using my Visa. Most financial advisors suggest strongly that we avoid them. I love Target and know myself all too well. It would be maxxed out in a heartbeat.

    froggy on May 24, 2008 13:40
  4. Target was the first credit card I ever got. I like having it now because you get special coupons in the mail with your monthly bill - and i"m cheap, lol, and love coupons!

    Demon_Buttercup on June 09, 2008 09:13
  5. Sounds like a good credit card as long as you handle it like you do. Very good advice.

    Rae777 on June 23, 2008 21:26

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Popularity Score

Overall Rating:

4.0
Type / Name:
Credit Card
Provider:
Target
Purchased at: Target Price: Priceless Category: Finances & Insurance / Credit Cards Published: May 14, 2008 18:28
My Experience Level:
3.0
Feature Ratings: Rewards / Cash-Back Programs
3.0
Interest Rate
2.5
Annual Fees
5.0
Sign-Up Offers
3.0
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Author Profile:

living4fire
living4fire
Rank: 186th (down 2)
ShareScore: 100%

Gender: Male
Age: 21
Education Level: college
Country: United States
Industry: Retail
Income: $0.00 - $20,000.00

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