The Target RedCard is a store card or credit card with the Mastercard logo that can be used in Targets retail stores and on the stores website. The RedCard offers a 5% discount on purchases at Target, no annual or monthly fees, and free 2-day shipping on hundreds of thousands of items at Target.com. The RedCard charge card can be used at Target retail locations and for online purchases on Targets website, while the RedCard with the Mastercard logo can be used anywhere Mastercard is accepted. The RedCard is a great choice for fans of Target, offering an instant 5% discount at checkout on most purchases in-store and at Target.com. However, the 5% discount does not apply to prescriptions, over-the-counter items located behind the pharmacy counter, and clinic services at Target. The RedCard does not offer traditional rewards, points, or cash back from purchases, but the 5% discount allows customers to receive their rewards right away through a discounted price.