Balance Transfer Instant Approval Cards

How to Get Instant Approval on Credit Cards | Charge Responsibly

How to Get Instant Approval on Credit Cards

Although many consumers are more accustomed to getting immediate rejection when they try to apply for a new credit card, it is possible to virtually guarantee that you can get instant approval on credit card applications.

There are basically two main paths to approval that should work for almost anyone. Once you understand them and what makes them tick you may never again have to worry about being turned down for a credit card – or waiting forever to find out whether or not your card application was accepted.

#1 Good to Excellent Credit One method is for those with good to excellent credit to apply for cards that they have a high chance of receiving because those cards solicit people with their good to excellent credit standing and profile. To get the fastest approval – or instant approval – the application should be filed out and submitted online. The company will instantly run a credit check and if you meet their criteria you will be notified immediately and your card will be mailed to you right away without delay.

• Understand, however, that there is a difference between “instant approval” and “guaranteed approval.” If you are approved you will be told immediately, and if you are turned down you will also find out instantly.

• But just because you apply for a card it is not a guarantee that you will be approved. That depends on your credit score and history with these particular types of credit cards.

• Before asking for one of these cards, therefore, keep in mind that if you do not get approved it can weaken your credit score. That’s because when your credit files are accessed by anyone it creates a “ding” on your credit report.

• The idea behind this rather punitive system is that people who are desperate for credit because they are high credit risks with few assets and not much available income often apply for credit or loans all over the place.

• So submitting applications, especially more than one within a short timeframe, is viewed by credit reporting agencies as a symptom of poor credit performance. They profile people according to their credit behaviors and results, and those who have their credit checked but are then rejected by a credit card company are considered higher risk – so they may increase their chances of getting a lower credit score. But many of these unsecured or non-prepaid cards of the more traditional and conventional variety also make it easier to get immediate approval if you are willing to transfer a balance from another credit card.