( May 27, 2015 at 8:38 am
I've had my Redcard since 1998, I have a high balance on my account and I religiously pay $300.00 per month. I called Target to get the APR lowered and they are not able to do that, according to the representative, they review the account and do it automatically. The rates on my account go up not down. The 5% savings I receive using my Redcard isn't worth the headache, I can receive more points using my Amex that has a 0% APR. I decided to transfer the entire balance of this ridiculously high APR Target card to another creditor that has been very willing to reward me for my impeccable pay ethic.They make it nearly impossible to actually pay the card off with their high interest rates. I have been a long time Target shopper and had been a loyal shopper, but no more. I shredded the card and I'm closing the account.