Subaccounts

A subaccount is a feature associated with your Target Circle Card Reloadable Account that provides a convenient and flexible way to give another person age 13 or older access to your money but for you to maintain control over how much they spend and how they spend it. Seamlessly pay your child's allowance, send money to your children at college, make funds available to the handyman for home repairs, etc.

While subaccount users will receive their own card and log in credentials, the subaccount is linked to, funded exclusively by, and controlled by the main accountholder. Each Target Circle Card Reloadable Account can have up to four (4) subaccounts.

Follow the steps below to create a subaccount. You can have up to four (4) subaccounts.

1. Log into your Target Circle Card Reloadable Account.

2. Select ‘Add Subaccount’ from the Home screen.

3. Confirm or edit your mailing address and select ‘Continue.’ A personalized card with the subaccount user’s name will be mailed to the primary address we have on file for the main accountholder.

4. Enter the subaccount user’s name and date of birth (to confirm they are at least 13 years of age) and select ‘Continue.’

5. Create a username and temporary password that the subaccount user will use to log in and provide an email address for the subaccount user. Select ‘Continue.’

• The email address you enter for the subaccount user cannot be associated with any other Target Circle Card Reloadable Account.
  
• The subaccount user will receive an email to verify their email address.

6. For security, enter the subaccount user’s phone number and select ‘Continue.’

• The subaccount user’s phone number cannot already be associated with another Target Circle Card Reloadable Account.

7. Confirm the subaccount user’s information and select ‘Create Subaccount.’ The subaccount user’s personalized card will be sent to your address on file and should arrive within 7-10 business days.

• The subaccount user will need to verify their email address and activate their personalized card before using the subaccount.

You can add money to a subaccount by following the steps below. Note that transferring money from your main account available balance to a subaccount is the only way you or a subaccount user can add funds to the subaccount.

1. Log in to your Target Circle Card Reloadable Account.
2. From the Home screen, select the subaccount to which you’d like to add money and click or tap on ‘Add money.’ Or go to Money Out and select ‘Transfer out of Main Account.’
3. When you get to the ‘Transfer out of Main Account’ screen, select the subaccount you’d like to add money to by selecting it from the list. Enter the amount you want to transfer from your main account to the selected subaccount and select ‘Transfer.’
4. Your money will be transferred to the selected subaccount right away. You will see a confirmation that the transfer has been completed, along with a transaction ID number for reference.

It’s easy to set up and manage controls over how much subaccount users spend and how they spend it. To access the ‘Subaccount Settings,’ simply select the subaccount you’d like to manage from the Home screen. Click or tap on the “gear” icon in the upper right-hand corner of the subaccount summary. You can change the controls you put in place at any time.

From ‘Subaccount Settings’ you can set the following types of controls for each subaccount:

• Enable or disable purchases with the subaccount card
• Set a daily spend limit
• Limit whether the card can be used for purchases only in the U.S. or internationally
• Enable or disable ATM access
• Enable low balance alerts so you are notified if the balance in the subaccount drops below a level you define
• Enable or disable the subaccount user from receiving text or email alerts about the subaccount
• Limit access to the subaccount by changing the password, freezing or closing the subaccount

You can log into your Target Circle Card Reloadable Account to close a subaccount at any time. Once the subaccount is closed, you will not be able to reopen it. When you close the subaccount, the remaining balance will be automatically transferred back to your main account available balance.

Follow these steps to close a subaccount:

1. Log into your Target Circle Card Reloadable Account.
2. From the Home screen, select the subaccount you’d like to close.
3. Access ‘Subaccount Settings’ by clicking or tapping on the “gear” icon in the upper right-hand corner of the subaccount summary.
4. Select ‘Close Subaccount’ under ‘Account Access.’
5. The subaccount will be closed and any remaining subaccount balance will be transferred back to your main account. You will not be able to re-open a subaccount once it is closed.

Subaccount users CAN:

• Use their cards for purchases in the U.S. or internationally (as permitted by the main accountholder)
  • The Visa^® debit card issued with the subaccount can be used anywhere Visa^® debit cards are accepted.
• Withdraw cash at ATMs nationwide (only if allowed by the main accountholder).¹
  • Target Circle Card Reloadable Account subaccount users may use their card at international ATMs.
• Send money to other Target Circle Card Reloadable Accountholders
• Request money from the main accountholder
• Temporarily freeze or unfreeze their card
• Request a replacement card

Subaccount users CANNOT:

• Add money to their account (money must be added by the main accountholder)
• Use the bill pay feature
• Create goals
• Create their own subaccounts
• Receive money from other subaccounts or other Target Circle Card Reloadable Accountholders