Evelyn Boros, Credit Cards Moderator
The Target Credit Card APR is 27.15% (V). Interest charges apply to balances you carry from one month to another. There is no 0% APR offer for this card right now, but you can avoid interest by paying the bill in full every month.
The Target Credit Card's interest rate is high compared the average APR among new credit card offers right now. If you have at least good credit, you can find far better deals and maybe even qualify for some of the best credit card rates.
Things to know about the Target Credit Card APR:
Keep in mind that the Target Credit Card gives you a 25-day grace period to avoid paying interest on your purchases. The grace period runs from the end of the billing period until the card’s payment due date. You won’t owe any interest as long as you pay your balance in full during that timeframe.
Should you decide to carry a balance on your Target Credit Card, it will accumulate interest daily at the card’s regular APR. Interest is compounded, meaning you will owe interest on both the principal balance and any interest already accumulated.
Target Credit Card
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