Instant
Approval Credit
Card Offers
Instant approval credit cards are
essentially a thing of the past. A few years ago, it was
possible to apply online for a credit card, get instant
approval, and use your new credit card immediately. This
is no longer possible. When you apply for a new credit
card online, many companies, such as
Chase and
American Express, will inform you if you have been
approved or not in sixty seconds or less. However, even
if you get an instant approval decision, getting your hands on
a new credit card can take anywhere from three to seven
business days. And that's just the beginning.
Although many credit cards offer instant online credit
decisions, only individuals with very good and excellent
credit will truly get an instant decision. For many
applicants, the application process cannot be completed
online. If this is the case, you can expect to wait as
many as five business days to get an approval decision as well
as three to seven business days for your new "instant
credit card" to arrive in the mail. Unfortunately,
this can translate into a wait of up to two full weeks to get
access to a new credit card.
If you're looking to take advantage of 0% interest rate offers
to save money on holiday shopping, the best thing to do is
apply as soon as possible. The closer it is to the
holidays, the longer you can expect to wait for a new instant
credit card to arrive. Below are also a few options you
can take to get a new credit card in your hands as soon as
possible:
1.) Apply for multiple instant credit card offers.
Every credit card issuer takes a different amount of time to
process an application and each issuer also has different
qualifications it uses to determine approval. So, for
example, you may be approved for a Chase or Discover credit
card, but not for an American Express or Citi credit card.
Or, you may be approved for all of the credit cards, but you
may receive one credit card a week earlier than another.
Applying for multiple cards increases the chances that you
will receive a new credit card quickly.
Plus, if you do get approved for multiple credit cards, you
can choose to accept the instant credit card offer that
provides the best 0% interest rate terms, rewards program, and
long term APR.
2.) Apply for an instant credit card as early as
possible. The closer it gets to the holidays, the longer
it takes to get your new credit card. Not only is the
mail system backed up, but the credit card companies also find
themselves backed up with a higher than usual volume of
applications.
At Credit Card Depot, you can compare a wide range of current
0% APR instant approval credit cards in
our instant credit card section.
We list over 100 online credit card applications in easy to
compare charts. Simply find the credit card or cards
that offer the best deals, and apply online for an instant
approval decision.
Apply for an Instant Approval Credit
Card
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