What are some benefits of the Target REDcard?

The Target REDcard is available as a credit or debit card, and its benefits include a 5 percent discount on purchases, free shipping and an additional 30 days to return merchandise, according to Target. The credit card has no annual fee, and debit card users can withdraw up to $40.

Customers who register for the pharmacy rewards program can combine that 5 percent discount with the REDcard's discount when purchasing prescriptions, Target explains. When a customer uses the REDcard for purchases, Target donates 1 percent of the purchase price to the customer's school of choice. The credit and debit cards both have security chips to help protect personal information.