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Since October 12, 2015, the prepaid REDcard (Redbird) can only be loaded at Target with cash. It can still be loaded online with a bank-issued debit card, up to $200/day and $1K/month.

Therefore, for MS (manufactured spending) Redbird is now considered dead. RIP!

Author Topic: The Target Prepaid REDcard  (Read 1176849 times)

Offline noturbizniss

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Re: The Target Prepaid REDcard
« Reply #1350 on: November 25, 2014, 02:37:40 PM »
If I'm loading $5k a month on to my RedCard, and withdrawing that money and then depositing it into my checking account, isn't that asking for an IRS audit? 60k a year in cash coming into my account?
No. Banks only report due to money laundering.
Also, this has been discussed at least twice upthread and in comments on DDMS. SIYF
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Offline coralsnake

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Re: The Target Prepaid REDcard
« Reply #1351 on: November 25, 2014, 02:57:32 PM »
If I'm loading $5k a month on to my RedCard, and withdrawing that money and then depositing it into my checking account, isn't that asking for an IRS audit? 60k a year in cash coming into my account?
Dont you have a credit card bill to pay anyhow?
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Offline hvaces42

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Re: The Target Prepaid REDcard
« Reply #1352 on: November 25, 2014, 04:56:58 PM »
If I'm loading $5k a month on to my RedCard, and withdrawing that money and then depositing it into my checking account, isn't that asking for an IRS audit? 60k a year in cash coming into my account?

I want to know how you're cashing out more than the allowed 2k per month? That's 24k not 60.
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Offline Mplace

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Re: The Target Prepaid REDcard
« Reply #1353 on: November 25, 2014, 05:01:16 PM »
I want to know how you're cashing out more than the allowed 2k per month? That's 24k not 60.
+1
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Offline noturbizniss

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Re: The Target Prepaid REDcard
« Reply #1354 on: November 25, 2014, 05:10:56 PM »
I want to know how you're cashing out more than the allowed 2k per month? That's 24k not 60.
+1
Don't send money. go to settings, withdraw funds, transfer to bank. Can transfer full 5K out.
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Offline hvaces42

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Re: The Target Prepaid REDcard
« Reply #1355 on: November 25, 2014, 05:59:06 PM »
Don't send money. go to settings, withdraw funds, transfer to bank. Can transfer full 5K out.
He said cash. Transferring money and depositing cash into your account are a wee bit different. Doesn't all churn require depositing money in your account at some point? Am i missing something?
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Offline noturbizniss

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Re: The Target Prepaid REDcard
« Reply #1356 on: November 25, 2014, 06:44:29 PM »
He said cash. Transferring money and depositing cash into your account are a wee bit different. Doesn't all churn require depositing money in your account at some point? Am i missing something?
Your can directly pay the cc
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Offline eliraps

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Re: The Target Prepaid REDcard
« Reply #1357 on: November 25, 2014, 11:40:13 PM »
There's been quite some talk up thread about people activating online and subsequently not being able to 'buy' it in store. I dont see though any clear instructions of what to do i.e. how to.activate it in a store that.does not carry them?
(I live in Brooklyn)
of course I have to wait till Sunday to close my BB...

Offline Mplace

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Re: The Target Prepaid REDcard
« Reply #1358 on: November 25, 2014, 11:42:42 PM »
There's been quite some talk up thread about people activating online and subsequently not being able to 'buy' it in store. I dont see though any clear instructions of what to do i.e. how to.activate it in a store that.does not carry them?
(I live in Brooklyn)
of course I have to wait till Sunday to close my BB...
Walk into the store, b4 opening the package,
Have the cashier scan the barcode
And follow through the instructions..
What's your plan for yud shvat?

Offline sky121

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Re: The Target Prepaid REDcard
« Reply #1359 on: November 26, 2014, 12:10:40 PM »
So unlike Bluebird the Target card CAN'T be used to take money out of ATM's while traveling abroad?
"Not all who wander are lost"

Offline Mplace

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Re: The Target Prepaid REDcard
« Reply #1360 on: November 26, 2014, 12:37:16 PM »
So unlike Bluebird the Target card CAN'T be used to take money out of ATM's while traveling abroad?
As I understand, that's true
What's your plan for yud shvat?

Offline eliraps

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Re: The Target Prepaid REDcard
« Reply #1361 on: November 26, 2014, 02:10:35 PM »
Walk into the store, b4 opening the package,
Have the cashier scan the barcode
And follow through the instructions..

thank you

Offline NYHeel

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Re: The Target Prepaid REDcard
« Reply #1362 on: November 26, 2014, 02:51:51 PM »
Is there still no way to get one of these without driving/flying a long way if you live in the NYC area? I actually could go to Boston and North Carolina for work but the Targets aren't very close to any of the locations so I'd have to rent a car and drive all the way over.

Online etech0

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Re: The Target Prepaid REDcard
« Reply #1363 on: November 26, 2014, 02:53:08 PM »
Is there still no way to get one of these without driving/flying a long way if you live in the NYC area? I actually could go to Boston and North Carolina for work but the Targets aren't very close to any of the locations so I'd have to rent a car and drive all the way over.
you could buy from a DDFer or on ebay
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Offline A3

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Re: The Target Prepaid REDcard
« Reply #1364 on: November 26, 2014, 03:11:58 PM »
you could buy from a DDFer or on ebay
Is that what you did?
I had someone send me one for free (he-he thanks Chuckster) the my other one I bought on eBay for $30.