I have had a Target Red Card for about 3 years now. I originally had a $500 limit. Despite NEVER having a late payment, they evidently dropped my limit to $300, while I still had a balance over $300, resulting in a over limit fee. Pissed, I called to see what I could do. After talking to more people who didn't understand English nor manners, I just paid what I needed to get below that limit.
I am very diligent about checking my credit statements online about five (or more) times a month.
Two months ago, after paying MORE than my minimum balance (by $100), I checked a few days after my payment cleared my bank account to discover that I had a $10 minimum balance due a week before my usual due date. WTF?! I paid it right then and there, knowing full well they thought they would trick me, and I wouldn't notice and would have to pay that $25 late fee.
Then this last month, I wrote a check to pay off my card. I suppose seeing another good customer going down the drain, they decided to first calculate my interest on 6/16 and then credit my payment on 6/16. Consequently I have a $3.20 balance. Had I just assumed that my card was paid off, I would be incurring another $25 late fee.
TARGET RED CARD MANAGEMENT IS THE *** OF THE EARTH. TRICKING YOUR CUSTOMERS TO MAKE MORE MONEY IS NO WAY TO TREAT OR KEEP CUSTOMERS.
Product or Service Mentioned: Target Credit Card.