Description: This passage is mainly about redcard login. In this passage, the writer tells us what a target red card is and whether we should buy it or not, at the same time, we can know some advantages and disadvantages of the target red cards.
It’s Hailey here from Should You Buy It, and today I’m going to be talking to you about the target red card, I’ve been seeing a couple of sites now, they are including the targets red card discount in their break downs, and I think that I will share with you what a target red card is, maybe why you should get it, why you should not get it and the perks and everything to it.
So this is my target red card, and you can see what it looks like, obviously I have scratched out my number and my last name, so you don’t know what it is, because you have got smart today, but this is the target red card, it says red card at the top and it has the targets across, the back looks like a regular debit or credit card.
You obviously have the magnetic strip where you would usually sign your security number and read, and it says target down here, so this is what it looks like, now what is it? The red card is a targets debit and credit card system, it is cheaper for target to process a red card than a credit or a debit card, because you have already given target your information.
So for example, if you don’t know about this, a credit card is more expensive for the business to process the deal, it’s more of a percentage than debit, but for credit, it has to go to Visa, Visa has to go to your bank, your bank has to say that you can take the money out of the bank, or you can charge it to my account, then it will come back to visa and then visa says that I will let you do that, so that’s how a credit card works.
Essentially it goes to visa and then visa takes from your bank account if you have it set up that way, or visa charges it to your visa card, now since visa is a third party company, they charge the businesses more to use it, now with a debit card, it goes straight to your bank and straight back, so it’s getting out the middle person and it charges less for the company.
But when you give target your information, then target does not have to go to visa and have the charge, because they are going to target, so that is an incentive for them and they are giving you some of that incentive to use our red card, so target has the red card in the debit format which is in the credit format.
So it has debit at the top, because mine is a debit card, and if you have a credit one, then it has credit at the top, with the debit, it goes straight to your bank account, when you sign up for a debit card either in a store or online, if you’re in the store, you have to provide and check a blank, if you are doing it online or through the pamphlet, you have to manually enter in your bank information on the pamphlet or online.
Essentially you have a debit, and with the target debit, it goes straight to your bank account, and the one thing that I do not like about the target debit is that it is not taken out directly that day from your bank account, as a lot of the other debit cards usually do, when you go to the store to use your debit card, when you come home, you can see the transaction.
With this, it takes about 2 to 3 business days of processing, so that’s something to think about if you do not balance your own checkbook and you use online banking, there is something to think about is that it will not instantly be there, so if you’re going to use this, I highly suggest getting an app that will balance your checkbook for you.
This is the app that I use, it works well and it’s free, I don’t know if it’s on anything else, so this is the debit one, the current one works like a credit card, you get a statement every month and you have to pay it, which similar to the way that credit cards work, and essentially you have a minimum need to pay an interest.
If you want to know about credit cards, tell me, they’re not that fun, so with a target red card, you get 5% off everything in the store excluding gift cards in prescription, you get it off of everything except for gift cards, I have tried this, you get it off of me, you get it off of alcohol ,you get it off of everything else, I have never had it not take off the percentage, those are all your coupons and after all your person it is.
So if you have $100 check out, you have $100, five percent will be five dollars, but you have fifty dollars in coupons, this will have a coupon girl who owes you $50 and coupons, so bring down to 50 bucks, this will only take off 250, because it is all of your savings and all your discounts, so those are some of the cons of red cards.
Obviously if you have a credit card, it’s a credit card, you don’t pay it then there you have a statement that you have to pay at the end of the month, another thing that I do not like is that as I have said before, it does not take it off immediately, I do not like that in the beginning, but that’s something that you get to deal with.
I guess those are the only two cons that I have for this and it’s another card, if you suck at holding out the cards, I go through phases, I’ll have a debit card for a year and then I will go through phases of losing it every single day, so if you are bad at losing them, it’s another card that you have to hold on to, but those are the only cons.
I have the pros, you obviously get 5% off of everything, this can make a lot of gift card deals and money makers, so essentially we have a deal, you pay $4.99, you get five dollar gift card, it’s a penny money maker without tax, but that will take off another 25 cents, so it essentially bumps it into a money maker or you only have to pay a penny or two after tax, so that’s something to think about.
You can use these with gift cards such as the regular purchases with the target red card as well, you can get an extra 30 days to return things, now I do not know if this target has extended their return policy up to a year, I don’t know if it’s 30 days after a year or if you get the year like everybody else, I am not for sure, I don’t look at that.
When they updated that little thing three months ago, you got sixty days instead of 30 as a regular customer, and also with this, if you lose your receipt, they can look up any transaction from your red card as well, so that’s something to think about, and if you order anything online at Target, usually you get free shipping, I believe for $25 with a red card, you get free shipping on anything, even if it’s a dollar item.
They will ship it for free and you can pick up at the store, so that is something else, I highly suggest you get a target red card, it is totally worth it, it’s a little bit of information that you have to give them, if you do not feel comfortable giving them your bank information, get a credit card one, use it wisely, pay off your debt and pay off your bills.
So I highly suggest getting one of these, they will save your money, it has saved me probably over a hundred dollars for the last one and a half to two years, and it has saved me probably over a hundred dollars using this card, there are no other things, there are no strings attached, you pay a yearly fee.
They want you to use our card, because it’ll save their money and it’ll save your money, so that’s all that I have for you on what a target red card is, and whether you should you get it or not, if you haven’t already hit that like button, leave a comment down below if you have any questions on this, subscribe and join me, never pay retail again, I love you, I’ll see you later bye.