Instant Credit Card Approval - Can It Work For You?

Posted by Nick Niesen on October 29th, 2010

The possibility of getting your own credit card by the means of online instant credit card approval is a reality of the times. It only takes a few minutes to fill out your application, and then, in just a few short minutes you can have your answer. This could be the thing you have been waiting for. Have you received yours yet?

Getting your instant approval credit cards may be only a few minutes away for you, as you fill-out your secure online credit approval forms. But before you start the process, there are a few things you will want to know that you should look for when it comes to getting the best credit card for you.

In order to get the best deal on an instant credit card approval online, you will need to do a little research. It pays to look for the best deals with instant approval credit cards, so if your credit rating is good - why not go for one of the best? Here is what to look for.

A Good APR

A credit card is only as good as its APR. Once it loses its edge there - its time to think about another one. It is possible to get 0% APR cards that hold that rate for up to 15 months. While a number of cards will offer this feature, it may be only for three months, or six months. After the introductory time period, remember that the APR goes to the regular rate -- so be sure you get both a good introductory rate, and a rate as low as possible after that period is passed.

Permits Balance Transfers

Balance transfers from other credit cards are one thing that makes a good credit card - if you have any credit card debt. Not all cards will allow you to do this. But again, it is important that you make sure that you have a 0% APR balance transfer rate. Some cards will charge a fee for this transaction.

Look For The Bonuses

Your instant approval credit cards should have some really great bonuses - this is what makes one card better than another. There is quite a bit of leeway when it comes to the value of all the options mentioned - but this is the icing on the cake. Bonuses are usually referred to as being cash back, or rebate cards. Some come with great options up front --received as soon as you make your first purchase. This could be in the form of 10,000 points - which are as good as cash, or can be exchanged for prizes, or, a travel type card might give you as many as 5-20,000 air miles - on your first purchase. Other cards offer rebates for purchases on such things as groceries, medicines, and gas. Make your decision based on what your greatest needs are, and it will be a great benefit to you, in the form of extra savings. This will help put a smile on your face when you get your monthly statement.

Check The Annual Fee

Some companies will also charge you an annual fee on your instant approval credit cards.
Look for an annual fee because it could take away some of the value of your benefits if you have to pay a yearly fee of anywhere between $15 to $135.

With this many tips on how to get your instant approval credit card online, again, we ask - what are you waiting for? It will only take a few minutes.