How To Apply For And Get An Online ‘Instant Approval’ Credit Card

Yes, there still are credit cards out there offering free instant approval and yes, they still are the easiest way for you to get a new card. When applying for these cards, you’ll usually find out in about a minute if you are approved or not. Better yet, applying for a credit card with instant approval online is simple as ever.

How To Find The Right Card For You
The first step is to decide what type of instant approval credit card you qualify for. There are hundreds of them out there that you can choose from, and are all conveniently online. Make sure that you do thorough research to find out which is the best fit for you. Some things to look out for include: interest rates, annual fees, and any other additional fees. If you happen to have excellent credit, make sure to apply only for a card without a high interest rate. If your credit rating is not as good, compare the different instant approval credit cards that offer the lowest amount of fees and the lowest possible interest rate.

If your credit happens to be poor, your best option would be an instant approved ‘Secured’ credit card. These credit cards require you to deposit money into the card up front. So what you actually charge on a secured credit card is actually your own money, based on the amount that you deposited on the card. Make sure the credit card company reports to all the credit bureaus, before you waste your time applying. If the card company doesn’t report, then getting a secured credit card will not help you in rebuilding your credit. Don’t bother applying for a ‘secured’ credit card if you have better credit, unless you have a child who is in high school or entering college who needs a controlled, limited amount credit card.

How To Complete The Online Form

Online instant approval credit card forms are the same as a traditional online credit card form. You’ll complete the application to the potential lender by submitting your: name, address, social security number, employment information, and your annual household income. Generally, the higher your annual household income is, the greater the chances you will get approved and will also receive a higher credit limit. Make sure you tell the truth, as the information you supply is primarily used to protect you in case of bankruptcy.

If you’re applying for a secured credit card, you may not be required to supply as much information. For example, for many of the secured credit card companies, they do not require your employment information. All that’s required is that if you have the cash to deposit to the credit card, the lending company won’t be concerned about verifying your employment. You will however need to have a verified bank account, as you will be electronically transferring funds to the secured credit card.

Regardless of the type of credit card you’re applying for, make sure that you are submitting your personal information on a secured online site. You’ll know if the website is secure as there will be an icon of a lock located on the top or the bottom corner on your computer screen. A secured site prevents potential hackers from being able to access your computer. If the online instant access credit card company is reputable, it will be a secured site. If the site isn’t secure, stay away.

Instant Approval
After you have completed the online application form, you’ll usually find out within a minute or less on whether you qualify for credit card or not. Don’t be disheartened if a particular lending company doesn’t instantly approve your application. Often, it’s because the credit card company may need to look a bit more closely at your credit history. Generally, this should only take just a couple days. Online instant approval credit card are still the fastest way to get a credit card, than the alternative of getting a traditional credit card through a bank, which can take anywhere from six to eight weeks for approval.

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