I am in the market for a big screen television and I was thinking of financing one with the Target REDcard. They have a pretty good sale and a 5% discount. Do they offer special financing?

Answered on May 13, 2016
Updated on May 13, 2016
The content is accurate at the time of publication and is subject to change.
Amy Miller Amy Miller
They do not offer special financing, but you would want to avoid that anyway. Cards that work on a premise of special financing usually have deferred interest. So if you had six months to pay for a purchase this is only interest free if you pay the whole amount within the six-month timeframe. If not, you will be charged interest back to the original date of purchase. So always avoid special financing. Store cards have notoriously high interest rates so financing any items with them is generally not worth the initial discount. A card you already have that has a decent APR would be a better choice. Ideally you could apply for a card with a 0% promotional APR on purchases. This way when the introductory period is over you will not get hit with exorbitant amounts of back interest.
All rates and fees, and other terms and conditions of the products mentioned in this article/post are actual as of the last update date but are subject to change. See the current products' Terms & Conditions on the issuing banks' websites.

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