Target Circle credit card review: Full details

The Goal Circle™ Mastercard is a stable retailer card. It includes a 5% low cost on Goal and Goal.com purchases, 2% again on dining and gas station purchases and 1% again on everything else. It is a robust contender for individuals who spend large at Goal — however not elsewhere. Card ranking*: ⭐⭐½

*Card rating relies on the opinion of TPG’s editors and isn’t influenced by the cardboard issuer.

With all the things from garments and electronics to diapers and groceries, procuring at Goal is as near one-stop procuring as potential. When you spend a lot of your finances right here, you may profit from the financial savings and advantages the Goal Circle card bank card affords.

The Circle card has no annual charge, and TPG recommends a credit score of 690 or increased for the perfect probability of approval.

Let’s break down the Goal Circle Mastercard’s perks and incomes construction that will help you determine if it is a good match for you.

The data for the Goal Circle Mastercard has been collected independently by The Factors Man. The cardboard particulars on this web page haven’t been reviewed or offered by the cardboard issuer.

Associated: Everything you need to know about Target Circle

Goal Circle Card welcome provide

The Goal Circle card affords an honest welcome provide for a retailer card. After approval, you will get a coupon within the mail for $50 off a qualifying buy of greater than $50. When you obtain the coupon, it’s essential to add it to the Goal app and redeem it inside 30 days.

Sadly, this coupon has an extended record of exclusions — together with Apple merchandise, dairy milk, Dyson, reward playing cards, limited-time designer partnerships, PlayStation merchandise and extra. Nonetheless, this welcome provide does not have a spending requirement, so you will get worth from it with minimal effort.

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Goal Circle Card advantages

As a Goal Circle cardholder, you will get free two-day transport on on-line Goal orders, an extra 30 days for Goal returns and exchanges and entry to Circle card unique particular affords and gadgets.

Cardholders can even take pleasure in a 5% low cost at in-store Starbucks and on sure providers. Plus, you will obtain a 5% low cost on specialty reward playing cards, drive-up orders and same-day supply.

Associated: Credit card perks and benefits you should be using

As an alternative of incomes factors or cash-back rewards at Goal, this card’s Most worthy profit is a 5% financial savings on most in-store and on-line Goal purchases (exceptions apply, similar to prescriptions and sure reward playing cards). This construction is particularly nice for anybody who does not need to sustain with incomes rewards since these financial savings are automated.

Aside from the low cost on Goal purchases, you will earn 2% money again on eating and gasoline purchases and 1% on all different purchases outdoors of Goal, permitting you to earn rewards in every single place you spend.

Observe that there’s additionally a model of the Goal Circle card that could be a reloadable Visa and does not earn rewards on purchases outdoors of Goal.

Associated: Maximize your earnings this year

Redeeming rewards on the Goal Circle Card

You will get a 5% automated low cost on most purchases when procuring in-store or on-line with Goal.

Nevertheless, spending elsewhere is extra sophisticated. You have to first earn at the least $10 in rewards. To redeem them, you will want to go surfing or name to request an digital or bodily reward card to make use of at Goal. It is a extra sophisticated course of than most different cash-back playing cards, which supply assertion credit as the best methodology to redeem rewards.

Goal states that in case your account is closed for any purpose, you should have 135 days from the date the account was closed to redeem your rewards. Apart from this circumstance, rewards don’t expire.

Associated: What is a rewards credit card and how does it work?

• If you would like stable earnings on all of your purchases: The Citi Double Cash® Card (see rates and fees) earns 2% again on all purchases (1% once you make a purchase order, 1% once you pay it off). With it, you will not have to fret about whether or not you are procuring on the proper place to get your finest earnings. To be taught extra, take a look at our full review of the Citi Double Cash.
• When you spend extra of your finances at Amazon than at Goal: The Prime Visa has an analogous incomes construction because the Goal Circle card, incomes 5% again on Amazon, Entire Meals Market and Chase Journey℠ purchases, 2% again at eating places, gasoline stations, native transit and commuting (together with ride-hailing) and 1% again on all different purchases. Prime Visa cardholders also can earn 10% or extra on a rotating choice of gadgets and classes on Amazon.com. Whereas it does not carry an annual charge, you have to be an Amazon Prime member to get this card. To be taught extra, take a look at our full review of the Prime Visa.
• If you wish to earn 5% at a number of retailers: The Chase Freedom Flex® earns 5% again on quarterly rotating classes on as much as $1,500 in mixed purchases every quarter you activate (then 1%). Classes can embrace grocery shops, gyms and even Goal, providing you with a wider vary of alternatives to maximise your money again. It additionally earns 5% again on Chase Journey, 3% again on eating at eating places (together with takeout and eligible supply providers) and drugstore purchases and 1% on all different purchases. To be taught extra, take a look at our full review of the Chase Freedom Flex.

For extra choices, take a look at our full record of best store credit cards and best cash-back cards.

Associated: Store vs. cash-back cards: Which one should I get?

Is the Goal Circle Card price it?

The Goal Circle Card does not carry an annual charge and earns 5% again on Goal purchases. Nevertheless, getting it may well imply sacrificing larger earnings you’ll obtain with a distinct card. Plus, redeeming your rewards is a extra sophisticated course of than with most different cash-back playing cards. Calculate your anticipated financial savings earlier than making use of for this card and evaluate them with what you’ll earn on different cash-back and retailer playing cards.

It is price noting that there’s a debit card model of the Goal Circle card, which enjoys lots of the identical perks because the Goal Circle Mastercard. We typically suggest placing all your spending on a credit card, however if you happen to’re a frequent shopper at Goal, it could be price contemplating the Circle debit card for the Goal financial savings and perks and not using a arduous inquiry in your credit score report.

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