Item 7.01 Regulation FD Disclosure.

On March 20, 2009, Target Corporation, through its wholly-owned subsidiaries, Target Receivables Corporation and Target National Bank, delivered certain monthly reports relating to the Floating Rate Class A Asset Backed Notes, Series 2005-1, and the Subordinated Interests, Series 2005-1, issued by the Target Credit Card Owner Trust 2005-1 to the Trustee. These reports are being furnished as exhibits to this report.

Item 9.01: Financial Statements and Exhibits

(d) Exhibits

20.1 Series 2005-1 Monthly Servicer's Certificate for the Monthly Period ended February 28, 2009.

20.2 Series 2005-1 Monthly Collateral Certificateholders' Statement for the Monthly Period ended February 28, 2009.

20.3 Series 2005-1 Monthly Administrator's Statement for the Monthly Period ended February 28, 2009.

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