Target RedCard: 5% off at Target and more perks!

The Target RedCard credit card offers a 5% discount on most Target transactions and a few additional benefits including free two-day shipping. While the card is a good option for dedicated Target shoppers, it may not be the most valuable store credit card on the market. The card does not earn any rewards, and the 5% discount cannot be applied to certain categories of items. The Target RedCard Mastercard, which is available to some customers, can be used outside of Target but still offers limited rewards that can only be redeemed for Target gift cards. Alternative cards, such as the Wells Fargo Active Cash Card and the Discover it Cash Back, may offer better rewards for most consumers. The Target RedCard Credit Card has a 5% discount at Target and Target.com, it does not offer any rewards. The card does not have an annual fee and has a 29.95% APR. The Wells Fargo Active Cash Card earns unlimited 2% cash back on all purchases and offers a $200 bonus after spending $500 in the first three months. The Discover it Cash Back card earns 5% cash back on the first $1,500 spent in rotating categories each quarter and offers a sign-up bonus where Discover will match all cash back earned in the first year. The Target RedCard Credit Card is a good option for those who frequently shop at Target, but other cards may offer better rewards in most cases.