Yes, you read that title the right way. I am actually RECOMMENDING that you get a Target REDCard. Yes, this from the woman who doesn’t use debit cards for shopping, but rather cash. For the longest time, I refused to get one of these cards, but have since changed my mind. I use this DEBIT version myself.
The way we do this is quite simple, we use the Debit REDcard when we shop. I then, deduct that amount from my cash envelope and set it aside. It instantly becomes bonus savings. So, we are still using cash to shop, we just move it from spending to savings. It quickly helps us save for the holidays while doing our regular spending.
Of course, this may not be an option for everyone, so you can just set that money aside and then deduct it from the amount you will withdraw for your cash spending the next pay period. Finally, if you are using cash, you can go to the bank after you shop and just re-deposit the cash back into your account to cover your purchase. There are definitely ways to work around a cash budget while still getting the additional REDcard savings.
So, why did I change my way of thinking? Simply put – the perks. There are so many great perks which you get with this card – be it Debit or Credit:
- 5% off of all purchases, every day
- Free shipping online – no minimum required
- Extended returns – an additional 30 days
- Up to 1% of your purchase can go back to the school of your choice!
Keep in mind that if you apply for the credit REDcard, the process is the same as with any other card, you must be approved. If you opt for the Debit card option, you will have to provide your banking information so that they can automatically deduct the purchase from your account.
While 5% may not seem like much, that can quickly add up over the course of a year. This past December, they even offered REDCard members a BONUS discount of 10% off of select brands, which was incredible.
What the Target REDcard does is offers a quadruple stack:
- Manufacturer’s Coupon
- Target Store or Mobile Coupon
- Target Cartwheel coupon
- REDCard discount
You can learn more about the REDCard and even sign up or apply by heading HERE!
Do you love your Target REDCard?