What is cash back from red card

Q: What is the cashback from RedCard?

However, the REDcard from Target isnt your typical store card. Instead of offering a rewards system, youll enjoy an automatic 5% back on all purchases you make in Target stores or on Target.com. Youll also receive exclusive Target benefits, including free shipping and extended returns.

Q: Can I get cash back from Target RedCard?

You cant get cash advances with your Target Credit Card, unless you have been upgraded to the Mastercard version, which you can use anywhere that takes Mastercard, including virtually all ATMs. You cant apply for that card directly. Once you have the Target Credit Card, it might be offered to you as an upgrade.

Table of Contents Show

Isn't the best product for you?
What is the cashback from RedCard?
How do I use my Target RedCard cash back?
Can I get cash back from Target RedCard?
How does a cashback work?

HSBC Red Credit Card

Last Updated: Nov 2022

Local Spending - Cashback Rate

on online shopping spending

For online shopping spending: 4% RewardCash; for local supermarket spending: 2% RewardCash; for other local and overseas spending: 1% RewardCash

Overseas Spending - Cashback Rate

For online shopping spending: 4% RewardCash; for local supermarket spending: 2% RewardCash; for other local and overseas spending: 1% RewardCash

Enjoy up to 4% RewardCash rebates for online spending; 2% RewardCash rebates for local supermarket transaction; 1% RewardCash rebates for other local and overseas spending

Perpetual annual fee waiver

Annual Fee Waiver

Octopus Reload Rebate

Utilities Wallet Rebate

Great for


RewardCash rebates across the board, no minimum spending requirement, and no registration needed
- Online transactions: up to 4% RewardCash rebate (equivalent to HK$2.5 per air mile)
- Local supermarket transactions: 2% RewardCash rebate (equivalent to HK$5 per air mile)
- Other local and overseas transactions: 1% RewardCash rebate (equivalent to HK$10 per air mile)
- Octopus Automatic Add-Value Service and online bill payments transactions: 0.4% RewardCash rebate (equivalent to HK$25 per air mile)

Perpetual annual fee waiver

Exclusive handling fee offer for Spending Instalment as low as HK$50

YATA: Enjoy a maximum of an extra $60 RewardCash in each phase via HSBC Reward+ Stamp Cards

McDonald’s: Enjoy a maximum of an extra $40 RewardCash each month via HSBC Reward+ Stamp Cards

Need to know


Make eligible transactions with single net spending amount of HK$200 or above at YATA to earn and collect one stamp via HSBC Reward+ stamp card function. You can earn a maximum of one stamp per day and you are entitled to earn a maximum of 9 stamps in each phase.

Make eligible transactions with single net spending amount of HK$25 or above at McDonald’s to earn and collect one stamp via HSBC Reward+ stamp card function. You can earn a maximum of one stamp per day and you are entitled to earn a maximum of 8 stamps each month.

To borrow or not to borrow? Borrow only if you can repay!

Benefits

Year-round rewards

Local Spending

For online shopping spending: 4% RewardCash; for local supermarket spending: 2% RewardCash; for other local and overseas spending: 1% RewardCash

$5/mile

Overseas Spending

For online shopping spending: 4% RewardCash; for local supermarket spending: 2% RewardCash; for other local and overseas spending: 1% RewardCash

$10/mile

Supermarket Spending

For online shopping spending: 4% RewardCash; for local supermarket spending: 2% RewardCash; for other local and overseas spending: 1% RewardCash

$5/mile

Online Shopping Spending (Local)

For online shopping spending: 4% RewardCash; for local supermarket spending: 2% RewardCash; for other local and overseas spending: 1% RewardCash

$2.5/mile

Online Shopping Spending (Overseas)

For online shopping spending: 4% RewardCash; for local supermarket spending: 2% RewardCash; for other local and overseas spending: 1% RewardCash

$2.5/mile

Octopus Top Up Spending

0.4%

$25/mile

Eligibility

Min. Annual Income

HK$120,000

APR/Fees

Fees

Annual fee

Perpetual annual fee waiver

Foreign Currency Transaction Fee

1.95%

Repayment

Minimum Payment

All interest and fees and charges including Annual Membership Fee(s) that may be charged, plus 1% of outstanding principal, plus any overlimit anount (if any) (the minimum amount of Minimum Payment is HK$50).

Late payment charge

Minimum Payment Due or HK$230, whichever is lower

Retail Purchase APR

36.43%

Other information

Credit card type

Mastercard

Isn't the best product for you?

Compare more credit cards on MoneyHero

No worries, we've got you covered!

Benefits Of HSBC Red Card

Eligibility Of HSBC Red Card

What is the cashback from RedCard?

However, the REDcard from Target isn't your typical store card. Instead of offering a rewards system, you'll enjoy an automatic 5% back on all purchases you make in Target stores or on Target.com. You'll also receive exclusive Target benefits, including free shipping and extended returns.

How do I use my Target RedCard cash back?

Cash withdrawal option will only appear when a Target Debit Card is selected as a payment method in the Wallet. Tap the toggle in the Cash Back cell to turn on cash back. Select the dollar amount you'd like to withdrawal for this transaction, and select Save.

Can I get cash back from Target RedCard?

You can't get cash advances with your Target Credit Card, unless you have been upgraded to the Mastercard version, which you can use anywhere that takes Mastercard, including virtually all ATMs. You can't apply for that card directly. Once you have the Target Credit Card, it might be offered to you as an upgrade.

How does a cashback work?

What is cashback? When you buy something, you get a percentage of the amount it cost paid back to you. This means cashback is a way of getting money off things you buy – think of it like a discount or incentive. It's normally a feature of credit cards, but some current accounts also offer cashback.