Where to send your Target credit card payment
You can pay your Target credit card through three main routes: online through your Target account, by phone, or by mail. The fastest and most common method is online, where you log into your account at target.com or through the Target mobile app, navigate to your credit card section, and enter a payment amount. You can set up a one-time payment or schedule recurring payments on a date you choose each month.
If you prefer to pay by phone, call the number on the back of your Target credit card. A representative will walk you through the payment process and can answer questions about your balance or due date. Payments made by phone are processed the same day if you call before the payment processing cutoff, which is typically in the evening.
For mail payments, send a check or money order to the address printed on your monthly statement. Include your account number on the check. Mail payments take longer to process — usually five to seven business days — so send them well before your due date to avoid a late payment.
Key Takeaways
- Online payment through target.com or the Target app is the fastest method and lets you choose your payment date each month.
- Phone payments are processed the same day if you call before the evening cutoff, and the number is on the back of your card.
- Mail payments take five to seven business days, so send them at least a week before your due date to avoid late fees.
- You can set up automatic recurring payments online so your bill is paid on the same date every month without you having to remember.
- Your minimum payment and due date appear on your monthly statement and in your online account.
Setting up automatic payments
Automatic payments remove the risk of forgetting a due date. Log into your Target credit card account online, go to the payment settings, and select "Set up automatic payment." You choose the amount — minimum payment, a fixed dollar amount, or the full statement balance — and the date each month when the payment should process.
Automatic payments from a checking or savings account are free and typically process on the date you select. If you set the payment date to the same day as your due date, the payment should post in time. However, if your due date falls on a weekend or holiday, set your automatic payment for the business day before to be safe.
What happens if you miss a payment
A payment is considered late if it arrives after your due date. Target will charge a late fee — the amount depends on your account terms but is typically $25 to $35 for the first late payment. More importantly, a late payment is reported to credit bureaus and can lower your credit score.
If you miss a payment, make it as soon as you notice. One late payment is less damaging than multiple missed payments. Contact Target's customer service if you are facing hardship; they may be able to work with you on a payment plan or temporarily adjust your due date.
Understanding your statement and due date
Your Target credit card statement shows your current balance, minimum payment due, and due date. The due date is the last day you can pay without incurring a late fee. Your statement also lists all transactions from the billing period, interest charges if you carried a balance, and any fees.
The minimum payment is the smallest amount Target requires you to pay to keep your account in good standing. Paying only the minimum means you will pay interest on the remaining balance. To avoid interest charges, pay your full statement balance by the due date.
Paying more than the minimum
Paying more than the minimum payment reduces your balance faster and saves you money on interest. You can pay any amount above the minimum at any time — there is no penalty for paying early or paying in full.
If you have a large balance, consider paying more than the minimum each month. Even an extra $25 or $50 per payment reduces the total interest you pay and gets you out of debt sooner. You can adjust your payment amount each time you pay online, or set your automatic payment to a higher fixed amount.
Payment timing and processing
Online and phone payments typically process within one business day. Mail payments take five to seven business days from the date you mail them. If you are close to your due date, use online or phone payment to may support your payment arrives on time.
Payments are applied to your account in this order: interest charges first, then fees, then your principal balance. This means paying early in your billing cycle reduces the interest you owe on future months.
Frequently Asked Questions
Can I pay my Target credit card at a Target store?
No, you cannot pay your Target credit card in-store. You must pay online, by phone, or by mail. In-store payments are not an option for this card.
What if I pay online but my payment doesn't show up right away?
Online payments usually post within one business day. If you paid before the evening cutoff, it should appear by the next business day. If more than one business day has passed, contact Target's customer service to confirm the payment was received.
Can I set up automatic payments for a different amount each month?
No, automatic payments are set to a fixed amount or a fixed type (minimum payment or full balance). If you want to pay different amounts each month, you will need to make manual payments online or by phone.
What is the difference between my statement balance and my current balance?
Your statement balance is what you owed at the end of your last billing cycle. Your current balance includes new transactions since then. You only owe the statement balance by the due date; new transactions are due on the next statement's due date.
Is there a fee to pay my Target credit card online?
No, there is no fee to pay online, by phone, or by mail. Target does not charge for any standard payment method.