Terms & Conditions The REDcards
NOTICE: Important Information About Procedures For Opening A New Account
To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify and record information that identifies each person who opens an account.
What this means for you: When you open an account, we will ask for your name, address, date of birth, telephone number, social security number and other information that will allow us to identify you. We may also ask for your driver's license and other identifying documents.
Rates, fees and other terms may be changed at any time in accordance with the Credit Card Agreement and applicable law.
If you already have a Target credit card account, your terms may be different than those listed below. Please refer to the terms you received in the mail.
Target Credit Card ®
Interest Rates and Interest Charges
Annual Percentage Rate (APR) for Purchases:
This APR will vary with the market based on the Prime Rate.
How to Avoid Paying Interest
Your due date is at least 25 days after the close of each billing cycle. We will not charge you interest on purchases if you pay your entire balance by the due date each month.
For Credit Card Tips from the Consumer Financial Protection Bureau
To learn more about factors to consider when applying for or using a credit card, visit the website of the Consumer Financial Protection Bureau at http://www.consumerfinance.gov/learnmore link opens in a new window.
Annual Fee
Penalty Fees
  • Late Payment
  • Returned Payment

Up to $35

Up to $25

How We Will Calculate Your Balance:
We use a method called "daily balance". See your account agreement for more details.
Billing Rights:
Information on your rights to dispute transactions and how to exercise those rights is provided in your account agreement.
Notice to California Residents: Married applicants may apply for separate accounts.
Notice of Delaware Residents: Service charges not in excess of those permitted by law will be charged on the outstanding balances from month to month.
Notice to Maryland Residents: Finance charges will be imposed in amounts or at rates not in excess of those permitted by law.
Notice to New York Residents: A consumer credit report may be ordered in connection with this application, or subsequently with the update, renewal or extension of credit. Upon your request, you will be informed of whether or not a consumer credit report was ordered, and if it was, you will be given the name and address of the consumer reporting agency that furnished the report.
Notice to Ohio Residents: The Ohio laws against discrimination require that all creditors make credit equally available to all credit worthy customers, and that credit reporting agencies maintain separate credit histories on each individual upon request. The Ohio Civil Rights Commission administers compliance with this law.
Notice to Rhode Island and Vermont Residents: A consumer credit report may be ordered in connection with this application, or subsequently for purposes of review or collection of the account, increasing the credit line on the account, or other legitimate purposes associated with the account. If you are a Vermont resident, you consent to the obtaining of such reports by signing or otherwise submitting a credit application.
Notice to Married Wisconsin Residents: No provision of any marital property agreement, unilateral statement under Section 766.59 of the Wisconsin statutes or court order under Section 766.70, adversely affects the interest of the creditor, Target National Bank, unless the Bank, prior to the time of the credit is granted or an open-end credit plan is entered into, if furnished a copy of the Agreement, Statement or Decree, or has actual knowledge of the adverse provision. IF I AM A MARRIED RESIDENT, CREDIT EXTENDED UNDER THIS ACCOUNT WILL BE INCURRED IN THE INTEREST OF MY MARRIAGE OR FAMILY. Married applicants must provide their Social Security number and address and their spouse's name and address to Target Card Services, P.O. Box 673, Minneapolis, MN 55440.