Target Circle Card
- Annual Fee
- $0
- in rewards · Welcome Bonus
- $50
- Highest rate (conditional)
- Up to 5% (Target)
Terms checked against the issuer on October 18, 2026
At a Glance
- Annual Fee
- $0
- Authorized User Fee
- $0
- Foreign Transaction Fee
- $0
- Network
- Mastercard Standard
- Rewards Currency
- Cash
- Point Valuation
- 1¢ (cash back)
- Credit Required
- Fair to Good
Welcome Offer
Bonus: $50 in rewards
Spend: $50
Period: 2 months
Earning Rates
- 5%
Target
5% off at Target stores and Target.com (instant discount at checkout)
- 2%
Dining
2% on dining purchases (Target Mastercard only)
- 2%
Gas Stations
2% on gas purchases (Target Mastercard only)
- 1%
All Other
1% everywhere else outside Target (Target Mastercard only); at Target the 5% discount applies
Benefits & Perks
Insurance & Protections
2 protectionsZero Liability on unauthorized transactions
You won't be held responsible for unauthorized transactions made in store, online, or via mobile device.
24/7 lost/stolen card assistance worldwide
Report lost or stolen cards 24/7 and get emergency card replacement and cash advance assistance worldwide.
Dining Out
2% cash back at restaurants
$2 back on a $100 dinner
No annual fee
Explore 5,512 New York restaurants with this cardStack a dining program
Rakuten Dining
5% back at 20,618 participating restaurants, on top of this card's 2%, once you join and link this card.
+$5
cash back, or ≈$5.50 as points
More on a $100 dinner
Reviews & Analysis
Pros and Cons
Pros
- +5% instant discount on all Target store and Target.com purchases
- +No annual fee - pure savings with no cost to carry the card
- +Free 2-day shipping on hundreds of thousands of items at Target.com
- +Extended returns - extra 30 days beyond standard return window
- +5% off at in-store Starbucks locations
- +Target Mastercard earns 2% on dining and gas and 1% everywhere else outside Target
- +Easier approval than premium cards - fair credit may qualify
- +Immediate savings at checkout - no points accumulation needed
Cons
- -The value is mostly the Target discount; rewards outside Target are 1% (2% on dining and gas) and only with the Target Mastercard
- -Welcome offer is a limited-time Target Circle Rewards offer (up to $75, 9/27 - 10/10/2026)
- -High 28.20% variable APR if carrying a balance
- -Up to $41 late payment fee
Who It's Best For
Best For
- Frequent Target shoppers who want automatic 5% savings on every purchase
- Target.com online shoppers seeking free shipping on orders
- Families who shop Target weekly for groceries, household items, and essentials
- Those who prefer instant discounts over earning and redeeming points
- Shoppers who want extended return windows (extra 30 days)
Not Ideal For
- Anyone seeking rewards on non-Target purchases (only the Target Mastercard earns 2% on dining and gas and 1% elsewhere)
- Anyone seeking travel rewards
- Those who shop Target infrequently (savings only add up with regular use)
- Cardholders who carry a balance (28.20% variable APR)
The Math: Is $0 Worth It?
First-year value includes $50 welcome bonus
Credit Utilization (60%)
Excludes earning value, lounge access, insurance, and elite status
Total Value Captured
$0
Annual Fee
-$0
Net Annual Value
+$0
Program & Transfers
Target Circle
Target Circle is a retail rewards program focused on turning everyday purchases into practical member value. The program includes 1 status tier that provide incremental benefits as activity grows. Members can earn through qualifying spend or travel activity and redeem for rewards tied to program terms and availability.
Details & Terms
Payment Terms
| Purchase APR | 28.2% (Variable) |
| Cash Advance APR | 29.4% (Variable) |
| Foreign Transaction Fee | $0 |
| Authorized User Fee | $0 |
Media & Resources
Evidence Sources
| Source | Verified | Citation |
|---|---|---|
| Issuer Target | — | Issuer Target |
| RewardsCC API | — | RewardsCC API |
| Issuer Target | — | Issuer Target |
| Issuer Page | Issuer Page: Welcome offer | |
| Issuer Target | Issuer Target | |
| Issuer Target | Issuer Target | |
| Issuer Page | Issuer Page: Welcome offer |
Top brands for this card
Brands where this card's earn-rate structure makes it a strong choice. Open a brand for the full ranked list.
