The main difference is that REDcard can only be used at Target seeing as it is no longer branded with the Visa logo, nor is it associated with any other major payment network. The good news is the rewards are better since the former Target Visa credit card only offered an initial 10% sign up bonus. The REDcard now offers an ongoing 5% discount on almost all purchases from Target. The former Target Visa had varying interest rates based on your creditworthiness that ranged between 13.25% and 22.90%. However, on the downside the APR is at 22.9% for everyone regardless of how good or bad your credit may be.
CREDIT CARDS FOR GOOD CREDIT:
Applying is quick and easy with our fast decision process
For Fair / Good Credit
1% cash back on eligible purchases with a rewards bonus on dining, terms apply
For Good Credit
Earn 10,000 bonus points after $500 in purchases in the first 90 days, enough to redeem for $100 cash back
For Good/Excellent Credit