Morgan Hamilton asked:




You can get credit card application instant approval online from a high quality, secure web site such as BestCreditQuote.com. In many cases you will know in minutes if you have been approved. It will take maybe two minutes to complete the application and another minute or so for the credit card company to process your information to see if you qualify for their offer.

Upon approval, it will take a week or so to get your new credit card in the mail. In many cases, if you are exercising a balance transfer option, you will submit all of the relevant information necessary right on the application. The credit card company will then facilitate the transfer on your behalf. There is no need to contact your current card issuer. It will all be taken care of for you.

In many cases, to meet the requirements for credit card application instant approval, you must have a solid credit history. The competition amongst banks and credit card issuers such as Bank of America, Chase and Discover Card has become quite fierce in recent years. That is good news for the consumer. The issuers will do whatever is necessary to make it not only attractive, but easy to obtain.

There are also many different deals that allow for flexibility in choosing offers. Perhaps a rewards program is enticing for you. Or, if you travel often, an airline miles credit card will benefit you. In recent times, with gasoline prices rising, the gas rebate credit cards have become very popular. Many of these services offer instant online credit card approval.

There is absolutely no question that the Internet makes life a great deal easier for all of us. I especially appreciate the aspect that we are now able to easily and conveniently compare the various credit card offers using a single resource. I can’t even imagine sorting through all of the applications sent through the mail to compare the terms, conditions and benefits of the many offers.

Credit card application instant approval online are also available to people with poor credit. The simple fact is that there are nowhere near as many options available than there are for consumers with good credit records. Finding a card that benefits your specific financial needs is a matter of doing your homework. The choices are many, but it is not one size fits all… do your homework.

Lance

Jeff Weber asked:


Five years ago, a consumer could apply for a credit card and receive not only confirmation of approval, but also the card’s 16 digit number and expiration date in a matter of minutes. Getting a credit card online was truly an instant process. And an easy one. Especially for identity thieves, who could max out a person’s virtual credit card before the actual plastic arrived in the unsuspecting consumer’s mailbox. Problems such as these ultimately led to the phasing out of instant online credit cards.

At present, American Express® offers 60 second decisions upon submission of an online application. If approved, the consumer is given notice of his or her status, not their numbers. If the consumer does not immediately qualify for online approval, then notification of approval or denial is sent via mail. Consumers with good to excellent credit looking for an instant credit card, therefore, should consider American Express® credit cards.

Most credit card issuers generally take anywhere from five to seven business days before reaching an approval decision and getting the plastic in the mail. With some companies, consumers can expect to wait as long as 30 days. Clearly, the days of the instant credit card are gone.

Individuals without excellent credit that are in a rush to get a new credit card can now expect to wait at least five business days to get the card they applied for. Having good credit facilitates and expedites the decision process. However, those with average and borderline credit scores are often left in credit decision purgatory.

So what should one do if they truly need an “instant credit card”? One solution is to consider applying for credit cards from different issuing banks. Since each bank varies in its application processing time and approval criteria, applying for credit cards from different companies can expedite the process of obtaining an “instant credit card,” while also providing an opportunity to make a more informed decision on which credit card to accept and use over the long term.

Perhaps the end of the guaranteed instant online approval era of credit cards is not such a bad thing. The more stringent and time consuming application process currently in place provides consumers and credit card companies immeasurably better protection against identity theft. It also gives the consumer time to evaluate the interest rates and rewards offered by the instant credit cards they apply for and make better decisions about which credit card to use.



BRADLEY