Wed. Nov 24th, 2021


An instant approval credit card is a type of financial tool that can be used to make purchases to get paid at a later date.

Similar to a regular credit card, it gives the card holder the capability to go shopping without paying in cash. But what are actually credit cards with instant approval? Are fast approval credit card different from regular credit cards?

For those about to sign up for instant approval credit cards, they only need to submit an online application and expect an answer from the issuer within a few minutes. A fast credit check will probably be made electronically and when you meet the issuer’s credit requirements, then approval will likely be granted without delay.

Take note that instant approval still depends on the issuer’s criteria of eligibility. Some credit card companies offering this type of account have very strict credit rating requirements so if you have a low score, there’s still a good chance that you will not qualify.

On the other hand, you can also find instant approval credit cards for bad credit.

Usually, this type of account will require the submission of a cash security deposit. Today, you can also find unsecured credit cards for bad credit that offers instant approval.

The most important thing to do before submitting your application online is to check the issuer’s credit requirement.

With the right qualifications, the applicant can then expect the approval and the arrival of his credit card within 4-5 banking days.

The card will be sent through postal mail and the account holder must first do the necessary verification steps before the card can be used for actual transactions.

The verification step is often simple.

The card holder will be asked to call the verification assistance hotline to make sure that the recipient is the person who signed up for the account. Once approved, the instant approval credit card is ready for use.

How can you use your instant approval credit card to your benefit?

Like any credit card, it’s important to stay within your credit limit. In fact, it would be better if you can keep your charges at a minimal level.

Of course, paying on time is a must.

Before charging any purchase to your instant approval card, see to it that you will be able to submit your payment before the due date.

By maintaining good credit, a person will have access to better deals from lenders, insurers and other credit companies- all this as a result of the card holder’s proper use of his/her instant approval credit card.

By Shelly Evans

Shelly Evans is a freelance writer and loan consultant. She specialize in writing articles about obtaining financing despite having bad credit. She has more than 16 years in consumer credit and collections and 4 years in business financing.

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