If you plan to get a credit card any time soon, consider an instant approval card. Here are 5 great reasons why you should:
- Apply online
There is no need for you to visit a bank or a credit card company’s office to fill out an application form and apply for a credit card. You can conveniently apply for an instant approval card wherever you are as long as you have access to the internet. Upon submission of your application, you can expect a response from the issuer within just a few minutes. If your application is approved, you credit card will be sent to your home address via postal mail in 4 to 5 banking days.
- Enjoy paying for monthly bills online
Paying for monthly bills is a task you need to accomplish regularly. Instant approval cards comes with online payment features so you can pay your bills at anytime while in the comforts of your home.
- Easily build credit standing
Another great reason to consider an instant approval credit card is because it can also build your credit score through proper and regular use. Be sure to choose an instant approval credit card that reports to the three major credit bureaus to use the card for credit improvement.
- Enjoy exclusive discounts and rewards
Some instant approval credit cards offer different types of reward programs. You may opt for an instant approval reward credit card to get incentives out of your spending. However, it’s important to remember that reward cards that offer instant approval may strictly require good or excellent credit rating so if you have a low credit score, be sure to check the issuer’s credit requirement first before submitting your application.
- Get approved even with bad credit.
There are also instant approval credit cards that are available for people with bad credit history or no credit history. Secured and unsecured bad credit credit cards offer guaranteed approval regardless of credit rating. Just make sure that you are applying for an instant approval bad credit credit card before submitting your application to avoid getting rejected.