**New Target Red Card Holders Get $50 Off Your $50 Purchase!

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Check out the benefits of a Target Red Card and why we think it’s a must-have for Target Shoppers!

woman's hand holding a target redcard above a target shopping cart

Target shoppers, apply for a new Red Card and score a BIG discount! 🙌

With all the perks and exclusive offers that come with the Target Red Card, it is one of our absolute favorite store credit cards! Every day, Red Card holders save 5% on their purchases (no promo code needed!) You can also enjoy FREE 2-day shipping on most items on Target.com and extended return periods.

For a limited time, Target is offering NEW Red Card holders a whopping $50 off a $50+ purchasevalid on the debit and credit card options!

The $50 off coupon will be mailed to approved cardholders with their Red Card. Once your Red Card has been activated, you will have 30 days to redeem your coupon.

Target list with red card

In addition to the Credit and Debit Cards, Target offers a third option – the Target Red Card Reloadable Account. You can score a $50 credit when you open a Red Card Reloadable Account and spend $50 at Target!

This card offers all the same benefits as the other Red Card options, but it doesn’t require a credit check or bank account! To get a Reloadable card, you must be 18+ years old, have a valid email address, and provide your Social Security Number to verify your identity.

The Target Red Card Reloadable Account is similar to Target’s Debit Card, but instead of linking to your checking account, your Target Red Card Reloadable Account can be preloaded with cash at Target.

Note the statement credit will be posted to the account within 30 days of the $50 transaction. You must spend $50+ in one transaction at a Target store or Target.com, and you cannot get cash-back on the $50 transaction, as this voids the transaction from qualifying for the credit. Limit one $50 credit per customer.

hand holding target redcard
You can also get your paycheck or government benefits up to two days early when you set up direct deposit on your Reloadable Account. This service is totally free for cardholders! In fact, there aren’t many fees associated with the Red Card Reloadable Account at all, as there is no annual fee, and reloading your card is free, too!

If you want to use the “Money In Minutes” feature of the Mobile Check Capture service to reload your account, that will incur a fee. You can choose the “Money in Days” option to avoid this fee.

Reloadable Red Card holders can use the in-network Allpoint ATMs at Target for any withdrawals to avoid ATM fees. Be sure to review this list of all the Red Card Reloadable fees before using your card!

woman holding a Target red card over a shopping list

What’s the best part about having a Target Red Card?

Target’s 5% off Red Card discount will also stack with the already discounted sale or clearance items and Target Circle offers so that you can scoop up all the Target deals your heart desires at the best prices!

Why wouldn’t you want to save a little extra on the items you’re already buying? 🤷‍♀️ And because now you can opt for the Credit, Debit, or Reloadable Card version and still get all the SAME perks, a Target Red Card is really a no-brainer!

Target Red Card on Target Shopping List

Applying for a Target Red Card Credit or Debit Card is really easy, too!

You can apply conveniently and quickly online – the entire application process should take less than 15 minutes!

If you’re not interested in another credit card, consider applying for the Red Card Debit Card instead. There’s no credit check needed, and it’s totally free. The Red Card Debit Card gets linked with your existing checking account. You can also withdraw up to $40 cash at the in-store checkout.

Regardless of your card type, you don’t have to worry about paying any annual fee! 🙌

Hand holding Target redcard in front of a computer screen with a Hip2Save mug

Here are all of our favorite perks (some restrictions apply):

  • Save an extra 5% daily on Target purchases when you pay with your Red Card – in-store AND online!
  • Store your Red Card info in the Target app for a faster checkout experience!
  • FREE 2-day shipping on most items on Target.com – no minimum purchase!
  • Early access to special events, products & promotions – just for Red Cardholders!
  • Extended returns – additional 30 days, excludes Optical and non-returnable items!
  • Exclusive extras, including special items & offers!
  • Save 5% off specialty gift cards for travel, restaurants, movie tickets, and more!
  • Save 5% when you use your Red Card at any in-store Starbucks location!

Save even more with these hot Target deals!

About the writer:

Krystal has an associate's degree from Devry University, with over 6 years of writing experience between multiple publications in the fashion, lifestyle, beauty, and health industries.

Join The Discussion

Comments 9

  1. Jackie

    If you had the Target Red card but closed it two years ago, would you qualify for the $50 coupon? Thanks for info

    • Trish (Hip Sidekick)

      Hey there, Jackie! When checking the terms of this promotion I don’t see any mention of being a previous card holder. I did find this number for customer service if you’d like to check with them before you apply ❤️ – 1-800-424-6888

      • Jackie

        Thank you, Trish 🩷

        • Trish (Hip Sidekick)

          You’re very welcome! 💕

  2. AngieM

    I just got approved for a red card and it’s in my Target wallet. Can I use it now?

    • Trish (Hip Sidekick)

      SWEET! 🎉 If it’s already in your wallet, you should be able to use it! 💞

      • AngieM


  3. SavingsMama

    I did this a few months ago when they offered the same deal. I got the new re-loadable card. None of the employees at our Target had any idea about these cards! We went to 3 different stores in the area and every experience has been the same. You must download an app to get a barcode for them to scan and add cash onto your card in-store. So while it’s not linked to your checking account, it is a huge hassle! They also have not sent the $50 off $50 purchase and they said they were looking into it for me and I should receive something in the mail, but I have not. I am thinking I will cancel the thing all together and just say to others, do your research first!!

    • Amber (Hip Sidekick)

      Oh bummer! SO very sorry to hear about the issues you had with this deal previously. Maybe try reaching out to customer service once more. Hoping this is resolved for you soon! 🤞❤️

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