Target Circle Card review: Maximize rewards and benefits with this newly-revamped retail card

Core Insights - Target has relaunched its rewards program with a revamped retail credit card that offers significant benefits for frequent shoppers [1][2] Group 1: Target Circle Card Overview - The Target Circle Card has no annual fee and offers a welcome bonus of $50 on a future qualifying purchase when spending $50 within the first 60 days after approval [4] - The card provides a 5% rewards rate on purchases made at Target stores and Target.com, including Starbucks at in-store locations and same-day delivery orders [4][5] - Additional rewards include 2% on dining and gas station purchases, and 1% on all other purchases [5] Group 2: Exclusions and Limitations - Certain purchases are excluded from the 5% rewards, such as prescriptions, Target Optical exams, taxes, and shipping fees [6] - The card primarily benefits frequent Target shoppers, as it limits rewards to Target purchases, making it less versatile compared to general cash-back credit cards [12][13] Group 3: Redemption and Additional Benefits - Rewards can be redeemed as an ongoing 5% discount on eligible purchases, with 1% and 2% rewards redeemable for Target gift cards once at least $10 is earned [8] - Cardholders enjoy extended return periods and free shipping on online purchases, enhancing the overall shopping experience [9][10] Group 4: Target Circle Card Suitability - The Target Circle Card is ideal for regular Target shoppers who can maximize the benefits of free shipping and extended returns [11] - However, for those who do not frequently shop at Target, other cash-back credit cards may offer better rewards flexibility [13][20]