Wednesday, March 18, 2015

TARGET PREPAID REDCARD: WHY YOU MUST GET ONE NOW

This is a guest post by Eric Rich. Enjoy!



American Express and Target officially launched the Target Prepaid Redcard on Oct. 6th, 2014. Since its inception, it has been wildly popular. In fact, it has been touted by many as a game-changer in the world of credit card rewards. As we approach the product’s six month anniversary, now is a better time than ever to revisit this card, and why you should get one.

What exactly is Target Prepaid Redcard?
--Target Prepaid Redcard is a reloadable prepaid card. Why is this important? One reason. You can load money onto the card with a credit card, thereby earning credit card points/miles.

--Target Prepaid Redcard can be loaded with up to $5,000 per month. That’s 5000 airline miles. Don’t collect miles? With a cashback card like the Citi Double Cash, that’s $100 per month.

--Target Prepaid Redcard is only available for purchase in select Target stores, but can be reloaded at any Target store nationwide. There are no fees. There are no restrictions. There is no red tape. 
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1) Target Prepaid Redcard is easy to get. Buy a Prepaid Redcard in a participating Target store. Don’t live near a store? No problem. Buy one online from the premier reseller: Redcard Resales.

2) Target Prepaid Redcard is easy to register. The process takes less than 2 minutes. Simply enter your information on Target's official website. Receive your permanent card a few days later.

3) Target Prepaid Redcard is easy to use. Take your Redcard to Target. Ask the cashier to load up to $2,500 per day, or $5,000 per month. Go home, login online, and bill-pay the money you just loaded back to your credit card.  You just earned 5,000 miles or $100 cashback, for free.

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Why should you get Target Prepaid Redcard?
1) You are missing out on valuable credit card rewards. For example, if you had purchased a card in October 2014 and used a 5% cashback card such as the Wells Fargo Visa Signature, you would have earned $1500 cashback to date. With the Chase Sapphire Preferred, you would have earned 30,000 Ultimate Reward Points.

2) They are getting harder to get. People who live in select states where they are available for purchase in Target stores for sale are reporting that store managers are limiting purchases to one card per day. This limits the quantity that are available online for resale. Online resale prices are expected to rise to $100 per card within the next month. It’s important that you act fast and purchase one today.


Ready to get a card? Redcard Resales is extremely helpful. They offer instant online card delivery, 24/7 customer support, and articles featuring how to use the card. Questions? Just ask. They promise to reply back within the hour.

3 comments:

  1. I bought 3 cards from Redcard Resales and everything seems to be in order! I received my permanent cards yesterday and I have had no problems thus far.

    ReplyDelete
  2. I still don't get it.. if I spend $5000 how much I get in points($$ I want cash back) No miles. I read about $100 with citi card (earn double cash) but I don't see why I need a citi bank if what I am using is a prepay card from target(neither I want a cc). My question is what do I gain by loading $5000 and expending them monthly anywhere with this pre paid card?

    ReplyDelete
    Replies
    1. Unfortunately, the ability to load RedBird with a credit card is not dead, so it doesn't really matter. The idea was to load up to $5000 onto your redbird card (this was done without any charges) and you would get points or miles. Once your money was loaded onto your Redbird you could use it to pay bills, withdraw to another bank account, etc.

      Delete

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