If you do a significant part of your grocery and home shopping at Target, you can earn a lot more than with TJX Credit Cards. Assuming a third of your $2,000 worth of groceries, clothing, and household items are purchased at Target, we estimate that the average family could earn nearly $175 a year.
Similar to TJX rewards cards, there is no annual fee. RedCard’s billing structure is an initial purchase, so you save money at the time of purchase rather than earning points for future use.
Reward You Need To Know About TJX
Shop at T.J.Maxx, Marshalls, HomeGoods, Sierra, and Homesense stores in the US and Puerto Rico and get 5% cashback. Additionally, the TJX Rewards Platinum Mastercard offers 1% off all other purchases, including those made at Tjx Credit Card stores outside of the US and Puerto Rico.
Rewards are earned in the form of points: 5 points for every dollar spent at Tjx Credit Card stores and 1 point for every dollar spent at all other retailers. Earn 1,000 points and receive a $10 reward certificate. Certificates are sent on your monthly statement, directly to your email address if you have signed up for eStatements, or can be downloaded from your online account.
Rewards can be redeemed for bank statements, gift cards, or travel. This card also offers a 5% cash back bonus on Walmart store purchases when you use Walmart Pay within the first 12 months.
Based on past household spending, you could save $396.15 in cash each year if all purchases were made using the QuicksilverOne card. This card also offers travel accident insurance, comprehensive car rental insurance, and no overseas transaction fees. If you plan to load flights and rental cars on this card, this is a good option.
While an initial deposit may seem high, there is no annual fee with this card. Your account will also be evaluated after seven months to determine if you can close with an unsecured card and your deposit will be refunded.
You’ll also get 2% cashback on gas and restaurant purchases, up to $1,000 in combined purchases per quarter, then 1%. All other purchases receive a 1% discount. Discover also reconciles any bonus cash back rewards you earn at the end of your first year.
While the initial cost of a secure card is higher, it can offer a wider range of purchasing power than the TJX Rewards credit card.