Best Instant Approval Credit Card Deals
One of the most frustrating parts of applying for a credit card is waiting to find out if you’re approved. Even many of the pre-approved offers that are sent to individuals through the mail still seem to require an approval process. In addition, most credit card companies will not reveal how much you may be approved for until you are approved. The amount may not be enough to cover what you need, which can definitely add to the anxiety of the wait. This can create a lot of financial upset for many people when access to credit or cash advances is crucial.
You can skirt the entire issue by applying online to get instant approval. Online instant approval credit card forms usually take just a few minutes to complete (always check for the padlock authentication symbol in the bottom right-hand corner of your screen before giving out personal or financial information). No more waiting and wondering if you’ll have access to the money you need. An instant answer doesn’t necessarily mean you’ll be approved, but it does mean you will know immediately. That way you can pursue another card if necessary. Those that are approved will have the peace of mind knowing the amount for which they’ve been approved.
The best instant approval credit card deals usually offer a cash-back incentive. These cards usually grant you a one percent cash-back return on all purchases. However, you can also look for cards that feature a higher percent cash-back return for certain categories. For example, some cards feature a five percent cash-back incentive on select categories such as gas, groceries and travel. This makes it a smart idea to search for a card that offers incentives within the areas of your highest spending. Furthermore, some cards even feature a rotating cash-back program, providing a higher cash-back reward for a particular category during one quarter and then rewarding that higher cash-back incentive for a different category the next quarter. This provides a flexible option for those of you with even spending habits across product and service categories.
Another one of the best instant approval credit card deals is found within those that offer points rewards. These cards allow you to accrue points towards specific purchases. One of the most popular options is an airline credit card. Every time you make a purchase you will earn points towards purchasing a flight. In some cases, you can even earn an entire round-trip flight simply by making regular purchases. And since these points go towards a particular category they often feature a higher return than cash-back cards.
Some instant approval cards also offer a gift program. Instead of a cash-back reward you can earn dozens of different types of free gifts or discounted pricing on specialty items. However, you’ll want to do a little research to make sure their usual offerings contain something you can actually make use of.
You can also look for instant approval cards that allow you to use your credits or reward points towards purchases made within their merchant network. These credit card companies secure lower rates for various products and services through their affiliate programs and then pass on the savings to cardholders who earn enough points to make purchases within the network. This is an especially attractive offer if the credit card company you’re considering features some of your favorite stores in their affiliate network.
Then, of course, you’ll want to pay special attention to cards that offer zero APR. These cards can alleviate some huge financial pressure. However, the zero APR is usually only offered for a limited time, so you may wish to look for a card with a low APR offered through the life of the balance.