How does Target Credit Card purchase protection work? This question is about the Target Credit Card

How does Target Credit Card purchase protection work?

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This question is about the Target Credit Card

Chip Lupo, Credit Card Writer

@CLoop • 10/19/22 This answer was first published on 10/19/22. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

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The Target Credit Card does not have purchase protection anymore, since the benefit was removed as part of an industry-wide shift away from traditional secondary perks on credit card offers. This is pretty common, unfortunately, as only around half of the major credit card issuers still offer purchase protection on at least one of their credit cards.

Although the Target Credit Card doesn’t have purchase protection, applying could still make a lot of sense in the right situation. The Target Credit Card has 5% at Target & Target.com and free shipping at Target.com. It also has an annual fee of $0. All in all, the Target Credit Card is a good card for people who regularly shops at Target.

If you’re set on finding a good credit card for purchase protection, consider checking out the Chase Sapphire Reserve card or the Amex Blue Cash Everyday card. Both credit cards have great purchase protection coverage, according to the most recent WalletHub purchase protection study.

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How do I apply for the Target Credit Card?

You can apply for the Target Credit Card either online or in a Target store, at the customer service counter. You will need to have identification on you; Social Security Number, driver’s license, state ID or military ID.

Keep in mind that you need at least fair credit to get this card. If you don’t know where you stand, you can check your credit score for free on WalletHub. The issuer will also take into account your overall credit history, income and...

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How do I make a payment on my Target RED Card?

The easiest way to make a payment on your Target Credit Card is either online or over the phone at (888) 755-5856. Alternatively, you can make a payment in a Target store, or by mail.

How to make a payment on your Target Credit Card:

Online: Log in to your Target account on the website and click “Pay Now.”
Over the phone. Call (888) 755-5856 and follow the prompts to make a payment, or ask to speak with a...

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What's the Target Credit Card APR?

The Target Credit Card APR is 27.65% (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...

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