Do you need a new card and credit line as soon as possible? No time to wait for an application process that could take a week or more Luckily, there are instant approval credit cards that might be just what you’re looking for. However, instant approval cards are a mixed bag.
With the rise of digital technology, it seems as though everything has gotten faster and more immediate. Not only can you get movies and music instantly from anywhere, but you can have everything from food to furniture delivered in less than an hour in most major cities.
Given that so much can be obtained so quickly, it’s natural to want the same results when you apply for a new credit card. At the very least, you’d expect same-day shipping, right?
But while you can often get same-day approval, only a handful of issuers offer same-day credit cards — with numbers — for instant use. You may need to settle for the next best thing and go for expedited shipping to get your hands on your card in a hurry.
In the article below, we’ll dive into some of our experts’ picks for the best credit cards out there today with same day approval for a range of credit scores.
What Are Instant Approval Credit Cards?
There are two basic types of instant approval cards:
Regular credit cards: Almost every credit card offers an instant approval option — depending on your creditworthiness.
“Guaranteed approval” credit cards: Some subprime credit cards, designed for people with bad or no credit, offer “guaranteed approvals” without a credit check.
When it comes to just about every credit card if you meet the credit and income requirements you have a good chance of being approved right when you apply.
Sometimes a credit card application will require more review. Maybe there’s a questionable item on your credit reports, or your address couldn’t be completely verified.
If that happens it could take a few days to a couple weeks before you get a decision.
Instant Approval Credit Cards
If you don’t have good credit you won’t qualify for the better cashback and travel cards. But everything about instant approvals above still applies to credit cards for fair credit and bad credit.
Here are some of our picks for the best instant approval cards for fair or average credit, followed by cards for bad or no credit.