Update: This popular offer is still available.
Target offers a one-time coupon for
$40 Off a future qualifying purchase $40+ when approved for a Reloadable RedCard between October 30 and December 10, 2022. Offer valid online and in-store [
Store Locator].
Thanks to community member
emhsoto for finding this deal.
Note: The coupon will be mailed to approved cardholders with their RedCard and will be valid through 1/09/23. See coupon exclusions in Deal Editor's notes below.
About Target RedCard:- A Target RedCard entitles you to 5% off most items, free shipping for online orders (excludes select items), and an extended return period.
- This offer is also valid w/ Credit or Debit card approval, refer to this Frontpage Deal for information.
Leave a Comment
Top Comments
Currently Target has 3 card programs:
1. RedCard Credit Card (Mastercard)
2. RedCard Debit Card (not a debit card in traditional sense, more like a charge card/store card with an authorization from you to EFT from your bank account elsewhere)
3. RedCard Reloadable (a demand deposit account by Pathward, National Association, Member FDIC, don't worry about the word demand, remove it and you're left with "deposit account," in other words a checking account or, at the very least, a cash management account)
Many Slickdealers in this thread posted confusion of why they demand SSN, why do they want to know your occupation, why do they need to know the expected deposit amount. Some wondered why they got rejected when they have 800+ credit score. And this is why. Target Reloadable is a banking product. Not credit, not store card. The partner bank, Pathward, is required by law to obtain these sensitive information from you. And this also explains why you can get rejected when you have 800+ credit score. One person on this thread reported being approved even when his/her credit file is locked. And rightly so, because again this is not a credit product. Pathward does not check your credit. It however may check your deposit account history against popular verification services like ChexSystems. So check on that if you got denied. Did you open too many bank accounts in the past few months?
Target Reloadable is basically a banking product, no different from any other fintech like SoFi, Chime, etc. It offers a full-fledged Visa debit card that can be used anywhere, even internationally. It will give you an account number along with a routing number, and a direct deposit service. It has main account, and you can create sub accounts to manage your money. You can even add goals to set aside money for vacation, presents, and other projects. You can do a mobile deposit via its Mobile Check Capture service. There's ATM service. There's Bill Pay service. It has its own mobile app where you can manage all of your financial needs. And lastly, you can even request fund from another RedCard Reloadable customer!
So as you can see, this is not your typical store card anymore. I hope this helps. No more confusions!
Edit: So I just learned that Target used to have a similar program called REDbird, a direct competitor to Walmart's Bluebird. However, the REDbird program got killed for good in 2018. So I guess this is a resurrection. The Target Reloadable!
BTW, there's a lot of exclusions.
RedCard $40 offer: Get a coupon for $40 off a qualifying purchase over $40 when you are approved for a debit or credit RedCard in-stores and at Target.com between 10/30/22 - 12/10/22. The coupon will be mailed to approved cardholders with their RedCard and will be valid through 1/09/23. Excludes alcohol, Apple products, Barbie camper and houses, Beats Fit Pro, Beats Flex, Beats Powerbeats Pro, Beats Studio Buds, Bose, Bratz Collector and Designer Dolls, Bullseye's Playground, Cards Against Humanity, Casper, clinic & pharmacy, Cricut, dairy milk, DockATot, Dockers, Do-a-Dot, DSLR cameras & lenses, Dyson, Elf on the Shelf, face masks (Dolan, Sanctuary & Sugar Fix brands), Fisher Price Laugh n Learn, Fitbit, Funko Standard Pop, gift cards, GilletteLabs Heated Razor Starter Kit by Gillette – 3ct, Google, Hair Appliances, HALO Baby, Hasbro Games (Classic Monopoly, Connect Four, Jenga, Sorry, Trouble), Healthy Roots Dolls, Hot Wheels Ultimate Garage, Honest Baby, HP Inc., Infant Optics, Instant Pot, JBL, LEGO, Levi's Red Label, LG OLED and QNED TVs, limited-time designer partnerships, Luvable Friends, Mega Bloks, Meta Oculus and Portal, mobile contracts, Motrin, Ninja, Nintendo hardware and Switch games, Polder, Peg Perego, Philips Avent, Plan B, power shave, power dental, prepaid cards, Play-Doh Ice Cream Truck Playset, PlayStation consoles and accessories, Revival, Samsung TVs, Shark, simplehuman, Sonos, Sony Electronics, Take Action, Target Optical, Tempur-Sealy, Trading Cards, Tylenol pain relief, Tylenol PM, Ulta Beauty at Target Brands, Unlocked phones, Vera Bradley handbags, Weber, and What Do You Meme? game.
457 Comments
Sign up for a Slickdeals account to remove this ad.
You CANNOT load this with a credit card nor another debit card or any other form of payment besides cash.
I know I've handed it out to car dealers, directv, dentists, etc over the years and probably will continue to, but your SSN being misused can cause serious problems.
It's all fun and games until you have to fight the credit bureaus over fraudulent credit history or when you hit 62/67 and go to start drawing SS or disability and find out someone else has been using your identity for twenty years. Then you have to prove you are who you say you are at 65, oh and you suffered a house fire so you don't have a copy of your birth certificate (from a state/county on the other side of the country).
Does it happen to everyone, no. Is it rare? Also no. Best case, you're going to lose hours upon hours of time sitting at your nearest social security office.
Oh and do not give anyone "only the last 4'' of your social. That's a new trick the internet provider tried, and it is still identifying you.
I like language that is clear and concise, either you WILL do a hard pull, or you WONT. Simple as that. The vagueness in some of these types of applications are what's catching people off guard. Read the fine print, always.
I already have the debit card and also the credit card
Sign up for a Slickdeals account to remove this ad.
This is a tempting offer but not worth the risk.
https://www.target.com/redcard?cl...v_
Thanks for posting that!
Once you signed up, you download the Red Card Reloadable app and go to Target to deposit money. Not sure if that is necessary to get the coupon but I doubt it. The coupon is the same one from other offers and you can use it on just about 95 percent of the items at Target.
I already have the debit card and also the credit card
Sign up for a Slickdeals account to remove this ad.
Technically, they don't need to check your credit 'cause they're NOT lending you A SINGLE PENNY.
This is basically a reloadable debit card. U can ONLY use it if there is MONEY (which u load) in there.
Leave a Comment