How To Cancel Target Red Card

Memberships for various services and products are now being more than an obligation for some weird reasons. Among many online and offline store chains, Target also offers their card with some age-old features and not-so-competitive discounts, which is why we have received hundreds of queries on how to cancel their card. The primary credit card offered promised is loop closed, which is very less users are aware of and later when they try to use it somewhere else, it disappoints them, which is another reason for cancellation.

Target’s Red Card is compatible to be used for both in-store and online ordering for user convenience. The card program has appealed to shoppers as it provides generous discounts and many community donations. However, users when quite late know the high interest rate and the late payment fees, they then rush to Google to know the ways to cancel their Target Red card.

This guide will help you know the best possible ways to cancel the Red card and set yourself free. Make sure you understand the important know before pointers mentioned below, and then start the cancellation process. You might still need some other such reloadable cards for many of your shopping needs, to address the concern, I have mentioned some alternatives to the Target Red card.

What Are Target Red Cards?

Target’s Circle card products are popularly known for their offers which include a debit card and two credit cards. The reason behind the popularity is the annual fee of $0 and offer the same 5% discount. Understand the differences in where you can use these cards for more optimum usage;

• The Target Circle Debit Card and the Target Circle Credit Card are “closed-loop” cards which mean you can use them only at Target or Target.com.
• The Target Circle Mastercard is an open-loop credit card which means you can use it even at other locations apart from Target stores that accept Mastercard. There is no provision to apply for this card directly. Once you have the Target Circle Credit Card, the Mastercard version might be offered to you as an upgrade.
• Remember that using the Master card at away locations might incur a higher rate of interest.

Also, read How To Cancel Domestic And General

Know Before Canceling Target Red Card

Below are some important factors explained, considering them is advised to make an informed decision about whether canceling your Target RedCard is the right move for you.

• Benefits Lose: After you have canceled the card with Target Red, all of the perks associated with the RedCard, including the 5% discount on purchases, free shipping on most online orders, and an extended return window will perish for you. 

• Impact on Credit Score (Credit Card Only): If you are deciding on canceling the Target Credit Card, remember that it could impact your credit score, specifically if it’s associated with one of your older accounts or has a high credit limit. It’s because canceling will reduce your overall available credit and credit history length.

• Outstanding Balance: Make sure you settle any of your remaining balance on your RedCard before you start the cancellation process to avoid late fees or debt collection issues.

• Automatic Payments: remember to verify any of the automatic payments you have set up for your RedCard, and make sure you cancel them directly with the bank associated.

• Rewards: Any of the rewards you have accumulated while shopping with your Red Card will also be lost after you cancel it. Check if you can convert or use them before they forfeit upon cancellation.

Can I Cancel the Target Red Card

Yes, you can cancel your Red card hassle-free. Make sure you have gone through the pointers mentioned above, which will ensure a smooth cancellation process along with helping you decide the right timing when you shall start the cancellation. 

How Can I Cancel Target Red Card?

There are mainly two ways to cancel your Target Red Card.

• By mailing a cancellation request to them.
• By calling up the Target Red customer support team.

Follow the lead below to understand the process for both methods defined individually.

Also, read How To Cancel FedEx Shipment?

Canceling Target Red Card Via Mail

The process is easy and simple, follow the steps below to guide you through the process;

1. Draft a detailed letter that clearly mentions your intention to cancel.
2. Mention in the subject line “Cancel Target Red Card”. This ensures that the request is next forwarded to the concerned department for quick procession.
3. Mention your concern about canceling and also support it with a simple and valid reason. Include important details like your name, billing address, subscription details, etc. Make sure the details are correct, as this is something which is directly concerned to money and bank accounts, any unintended discrepancy could raise concerns.
4. Post the letter to the following Mailing Address.

Target Corporation, ℅ Financial, And Retail Services, P.O. Box 9491, Minneapolis, MN, 55440.

5. Check for any correspondence in the next couple of days on your mailbox and proceed as outlined.

Canceling Via Phone Call

Another quick and easy method to put forward your request. Before you call them make sure you have your account information readily available. Information and entails required are, your membership ID, the name listed on the account, and other general information.

Follow the simple steps below to cancel your subscription over a phone call.

1. Dial Target Red at (800) 659-2396 from your registered mobile number.
2. Next, enter your account information and navigate through the menu until you are directed to a customer service representative.

2. Put forward your concern once you get connected to a representative that you wish to cancel your Red card with them.
3. Make sure you remember all your card details and account information. Provide all the required details. 
4. Cross-verify with the customer service agent that your Reda card has been canceled/processed before you finish the call. Ask for a confirmation message for your request for any future correspondence.

You will probably receive a confirmation notification over the registered email and phone number.

Also, read How To Cancel Yitty Membership?

Can I Cancel Target Red Card Online?

Unfortunately, there is no option currently to cancel the Target Red card online. Canceling any credit card involves case-sensitive financial information and for this primary reason, they prioritize phone or mail requests for cancellations which ensures an extra layer of security and confirms the user’s identity before closing the account. Another reason for this could be that Target might try to understand user concerns and reasons and try to offer alternative solutions or promotions to retain their business.

How To Cancel My Target Account?

After cancellation, your information still lies with Target, as your account is active and to cancel it is a good idea. For this you will have to contact their customer service by calling the number 1-800-591-3869 and enter your account information and navigate through the menu until you are directed to a customer service representative. They will process your request for cancellation and your account will be terminated. 

Alternatives To Target Red Card

Discover it Cash Back: This card is from the famous Discover Financial Services which offers a rotating category that gives you 5% cash back on up to $1,500 in many of your quarterly purchases but in select categories. Moreover, it offers unlimited 1% cash back on all your other purchases. Like a Red card, there’s also no annual fee.

Blue Cash Everyday Card from American Express: This popular card also offers 3% cash back at U.S. supermarkets (on up to $6,000 per year in purchases, then 1%) including Target purchases which are categorized as a supermarket. Apart from this it also offers cash back at other spending categories. However, there’s an annual fee for it.

Walmart Rewards Mastercard: This globally known card offers free two-day shipping and free store pickup on a wider range of eligible online orders at Walmart.com and that too with no minimum purchase. I would consider this as a good alternative to a Red card for frequent and similar shopping at Walmart. There’s also no annual fee for this card.

Amazon Prime Rewards Visa Signature Card: Another globally recognized, offers an annual Prime membership along with unlimited free two-day shipping on a greater range of eligible Amazon purchases. For many frequent Amazon shoppers considering value-free and fast shipping, this could be a good fit. I must mention that there is an annual fee associated with this card.

How To Choose The Best Alternative:

The best alternative mainly depends on your spending habits and priorities. Consider below factors;

• Where you shop often: If you primarily shop at Target then a card with high cash back at supermarkets or a Target-specific rewards program will suit you the best.
• How much you spend: For the high spenders, a card preferably with a higher cashback percentage or rewards rate would suit the needs and could be more rewarding.
• Annual fees: Some of the cards offer higher rewards but have annual fees, so consider that into the overall cost.
• Credit score: Some top-rated cards always require good or excellent credit for approval.

Also, read How To Cancel Gold’s Gym Membership?

Conclusion

Selecting the right credit card is a crucial decision as it could be a great leap towards your financial management. If you aim to maximize your benefits you must use your card wisely. Building credit is an important factor for upgrading for which you must ensure you pay off your balance in full each month and avoid high credit utilization and if you have a 0% APR offer you must strictly adhere to your debt repayment plan. Your credit card should only support your financial goals effectively and there shall not be any disruptions. Hope this guide has helped answer many of your questions.  

Frequently Asked Questions