Target Red Card Scam:
Think using their card can save you money like they advertised? Before you ‘smile’, actually realistically be prepared to get ripped!! The Red Card is really for YOU to help Target save and MAKE MONEY from you, not guaranteed to save you money.
Red card is not even a fully functioning credit card (you can only use at Target). Lol such a MIDGET card however function fully when it comes to fees and charges. What a joke. It is not fully guaranteed to save you money shoppers. But it is fully guaranteed Target will not only save money from tons of credit card transactions incurred through AE, VISA, Discover and MASTER, but they will also be able to make money on top if you just accidentally forget to pay your bill on time.
Instead of ‘saving’, you are indebted to additional debt on top of your other normal credit cards. The more card you have (including the MIDGET Target Red card, there is higher risks for you to forget pay all of them). If you only have one card, the risk will be highly lowered.
By incentivizing you using that 5% saving sales pitch, there is no loss but double win for target while your credit risk get increased.
But guess what, by using this midget card to benefit them ONLY, they also risked themselves to be dumped by shoppers. Hence they get this report and all other negative reviews and reports, and that will definitely offset their gaining of taking advantage of innocent shoppers.
Farewell Target and enjoy your consequences and heading to Walmart now. Ciao :D
Ken
Colorado,#2Consumer Comment
Sun, December 08, 2013
and probably more than once. ANY credit card will "penalize" you for "forgetting" to pay on time.
You aren't able to handle even ONE credit card without problems. Have a neighborhood 3rd grader help you with your finances.
NO Ripoff here.