Dan’s Deals is reporting that a memo was sent to all Target stores stating that — effective tomorrow — credit cards may no longer be used to load funds onto a REDcard.
That’s sad, though assuming it’s correct (and apparently several people are confirming with their local Target stores) it was also inevitable.
The best deals never last. You enjoy them while they are around. The Redbird Target card was too useful and easy to last forever in its current form.
In this case it was possible to load $5000 a month onto a REDcard using your credit card. It would be a purchase, you would earn miles, and you could easily unload the funds back to your bank account or pay off your credit card.
This was even easier than the old approach to Bluebird, as Vanilla Reloads weren’t even necessary (no expense to buy an intermediary card, and no challenge in finding them).
I expect that registers will be hard coded not to accept credit cards for Redbird Target’s REDcard any longer. I would not be surprised if it remains possible to load with a debit card, however, and that means it will likely still be possible to load the card via PIN-enabled gift cards. One extra step and a slightly higher cost.