Target Circle Card Mastercard

Key Benefits

All Benefits

• $0 annual fee on the Target Circle Card Mastercard (Target's co-branded card, issued by TD Bank USA, N.A., carries no annual membership fee — per the Target Circle Card product page at target.com/c/redcard)
• Card identity and rebrand: the product formerly marketed as the Target REDcard Credit Card was rebranded to the Target Circle Card in 2024 to align with Target's broader Target Circle loyalty program; existing REDcards transitioned to the Circle Card branding while keeping the same account and benefits
• Mastercard network acceptance: the Target Circle Card Mastercard version (the credit card) carries the Mastercard logo and is accepted everywhere Mastercard is accepted worldwide — not just at Target — making it usable as a general-purpose credit card unlike the Target Debit Card or store-only REDcard variants which only work at Target
• Three card variants exist under the Circle Card umbrella: the Target Circle Card Mastercard (credit, Mastercard network, accepted anywhere), the Target Circle Card Credit Card (store-only, Target purchases only), and the Target Circle Card Debit Card (links to your existing checking account, store-only at Target); only the Mastercard version offers the 2% restaurants/gas earn rate
• 5% off every Target purchase in-store and on Target.com — applied automatically at the register or at checkout on Target.com when you pay with your Target Circle Card, with no caps and no category rotations (per Target's Circle Card benefits page)
• 5% off excludes a defined list of items including prescriptions, clinic and optical services, previous charges and payments, Target Optical purchases, gift cards (Target gift cards and Visa/Mastercard gift cards), wireless protection program purchases, deposits required by Target Optical or Pharmacy, and Target store credit card purchases (per the Target Circle Card Rewards Program agreement)
• 2% off (in the form of a 2% earn back) at restaurants and gas stations when you use the Target Circle Card Mastercard outside of Target — this earn category is exclusive to the Mastercard version of the card and does not apply to the store-only credit card or the Target Debit Card
• 1% off (1% earn back) on all other purchases made outside of Target with the Target Circle Card Mastercard — applies to general spend on the Mastercard network that does not qualify for the 5% Target or 2% restaurants/gas rates
• Rewards mechanic: instead of cashback or transferable points, the 2% and 1% earned outside Target accrue as Target Circle Card Rewards that are redeemed on future Target purchases (or, depending on program iteration, applied as a 5% discount at checkout) — rewards are tied to the Target ecosystem and cannot be redeemed for statement credit, cash, or general travel
• Free standard shipping on most items at Target.com when you pay with your Target Circle Card — no minimum order required, versus the standard Target.com policy that requires $35+ orders or Target Circle 360 membership for free shipping (per Target's shipping policy and Circle Card benefits)
• Free shipping exclusions: a small set of items including some oversized or freight-shipped products may not qualify for the Circle Card free shipping benefit; check the product page shipping details before checkout
• Extra 30 days for returns: Target Circle Card holders get an additional 30 days beyond Target's standard return window to return eligible items purchased with the card (so Target's standard 90-day window extends to 120 days for cardholders, and shorter windows for electronics and entertainment items are extended by 30 days as well — per Target's return policy for Circle Card members)
• Exclusive Circle Card cardholder offers: access to special cardholder-only deals, early access to select Target sales events (including Black Friday and select Target Circle Week promotions), and bonus offers that stack on top of the 5% discount in some promotions (per Target's Circle Card benefits page and ongoing cardholder communications)
• Issuer and credit reporting: the Target Circle Card Mastercard is issued by TD Bank USA, N.A. (Target sold its credit card portfolio to TD Bank in 2013); TD Bank reports account activity to the major U.S. consumer credit bureaus, so on-time payments help build credit history (unlike the Target Debit Card, which does not report to bureaus because it is not a credit product)
• Credit application path: applications are submitted at target.com/c/redcard or in-store at checkout and are underwritten by TD Bank USA; approval is generally easier than for premium travel rewards cards, making the Circle Card Mastercard accessible to applicants with fair-to-good credit who shop at Target regularly
• Foreign transaction fee: the Target Circle Card Mastercard charges a foreign transaction fee on purchases made in a foreign currency or processed outside the United States (consult the cardholder agreement for the exact percentage — typically in the 3% range for store-affiliated TD Bank-issued cards); this makes the card a poor choice for international travel spend versus no-FTF travel cards
• Penalty pricing and APR: the Target Circle Card Mastercard carries a relatively high variable purchase APR (typical of store-affiliated credit cards) and may assess a penalty APR for late or returned payments — review the TD Bank cardholder agreement received at approval for the exact APR tier assigned based on your creditworthiness
• Mobile wallet and management: the Target Circle Card supports Apple Pay, Google Pay, and Samsung Pay; cardholders manage their account, view statements, and pay bills through the Target app (which integrates Target Circle Card, Target Circle loyalty, and Wallet features) or through TD Bank's RedCard portal
• $0 fraud liability: cardholders are not held liable for unauthorized charges reported promptly, consistent with Mastercard Zero Liability Protection on the Mastercard network and TD Bank's cardholder protections
• Sign-up bonus: Target periodically runs limited-time enrollment offers (commonly a one-time $40-off coupon on a future Target purchase of $40+ after approval) — there is no large welcome bonus comparable to travel rewards cards because the Circle Card is positioned as an everyday Target loyalty product, not a sign-up-bonus-driven rewards card
• Transfer partners and points-to-miles transfers: Not offered on the Target Circle Card Mastercard — rewards earned (Target Circle Card Rewards or the 5% discount mechanic) are redeemable only within the Target ecosystem and cannot be transferred to any airline or hotel loyalty program
• Airport lounge access, Priority Pass, and lounge networks: Not offered on the Target Circle Card Mastercard — this is a $0 AF store-affiliated card with no travel lounge benefits
• Global Entry / TSA PreCheck application fee credit: Not offered on the Target Circle Card Mastercard — no statement credit for trusted-traveler program enrollment fees
• Annual travel credits (airline incidental, Uber, hotel, dining, streaming, wireless): Not offered on the Target Circle Card Mastercard — the card carries no recurring statement credits outside the Target discount itself
• Travel insurance benefits (trip cancellation, trip interruption, trip delay reimbursement, baggage delay, lost luggage reimbursement, primary auto rental CDW): Not offered on the Target Circle Card Mastercard — TD Bank does not bundle Mastercard World/World Elite travel insurance benefits with this card, which sits on the standard Mastercard tier oriented around Target perks
• Purchase protection and extended warranty: Not offered on the Target Circle Card Mastercard — there is no purchase-damage/theft protection on new purchases and no extension of the manufacturer's warranty; the consumer-protection value of the card is concentrated in the 30-day return-window extension instead
• Cell phone protection, concierge service, and luxury hotel/dining elite benefits: Not offered on the Target Circle Card Mastercard — no cell phone protection benefit when paying your wireless bill with the card, no 24/7 concierge service, and no Mastercard Luxury Hotels / Priceless Cities perks; the card is fundamentally a Target loyalty product with optional Mastercard network acceptance rather than a premium Mastercard World Elite product
• Hotel and airline elite status, free hotel night certificates, and category-bonus travel earning: Not offered on the Target Circle Card Mastercard — no co-branded hotel/airline elite status, no anniversary night, and no bonus travel categories; for travel rewards, cardholders should pair the Circle Card Mastercard (for Target spend) with a dedicated travel card