The 5% discount offered by the Target REDcard™ Credit Card is applied at checkout on eligible Target purchases, which excludes certain purchases such as prescriptions, Target Optical eye exams, and Target gift cards and prepaid cards. For a full list of exclusions, see the card’s terms and conditions.

You can apply for the Target REDcard™ Credit Card online or in-store. To apply online, visit the Target website and fill out the application form. To apply in-store, visit any Target store and fill out an application form. It’s important to note that the issuer will consider your credit score, income, and other factors when reviewing your application.

The ongoing APR for purchases with the Target REDcard™ Credit Card is 27.15% variable, which is relatively high. It’s important to note that the card’s generous discounts make it a valuable card for loyal Target shoppers, but if you tend to carry a balance, you’ll want to look elsewhere.