Credit cards provide significant convenience and fraud protection, as well as incentives, financing options, and other benefits. It is critical to ensure that your first credit card meets your demands and does not represent a substantial risk to your financial well-being and always do your homework before accepting any credit card deal.
If you’re searching for how to get a credit card then Let’s walk you through the process of acquiring your first credit card in less time.
How fast can I get a credit card?
A credit card can be obtained in 7 to 10 business days. This, of course, is dependent on the type of credit card you apply for and whether or not you employ some of the techniques and methods discussed later in this article. Otherwise, it takes roughly 10 business days to mail a normal credit card. Of course, this implies that you were either pre-qualified or that your credit card application was instantly accepted.
With a new credit card application, you may receive a “pending” response in many circumstances, especially if your credit history has some “question marks” on it. This means that while your credit report is being reviewed, it may be a few days or perhaps a week before you get an “approved” letter or, less favorably, a refusal.
What Steps Are Involved in the Credit Card Application Process?
Depending on which credit card you pick, you may apply for it online, via mail, or by phone. In any instance, you will be requested for personal information, which in this case includes:
- Complete name
- Social Security Number
- Residence address
People who apply online have the highest chance of being accepted right away because the majority of credit cards that accept this application form have automated their approval procedure. If you fulfill their basic standards, which generally boil down to your credit score, you will almost certainly be authorized online right away. However, if your information does not meet their standards, your credit card registration may be rejected manually.
This might take anything from a few hours to a month, depending on the mismatch in your credit history. Another issue might be the application procedure you use. Online applications generally take significantly longer than mail or mobile apps. Obtaining your credit card and being authorized are not the same thing. Each step might take a week, implying that you could receive your credit card somewhere between 7 and 14 days.
How Can You Get Your Credit Card Faster?
As you’ve already guessed, there are various methods to “play the system.” Of course, all of this is contingent on being authorized for a credit card in the first place.
Here are a few tips to help you receive your credit card faster:
- Obtain Pre-Approval for Credit Cards Before Applying
This is one of the focuses to save a couple of days or even a week that it might take a credit card company to personally assess your application. Getting pre-approved for a credit card isn’t as difficult as it may appear. Here are some approaches to consider:
- Mail offers: Those credit card mail proposals that most people overlook are an excellent place to begin. These offers are frequently made by a credit card issuer that has reviewed your information and concluded that you fulfill their minimal credit card qualifying standards.
- Apply for pre-approval: This is an alternative for folks who do not require credit cards right away. A credit card company’s website may allow you to apply for pre-approval or prequalification. You must submit your information, and their system will determine whether you meet the requirements.
Choose credit cards that provide instant credit access.
Some credit cards can be used even before you have the physical card in your possession. You only need the immediate card number. When you apply for credit cards that provide instant credit, you agree to use them exclusively at particular merchants and for purchases that do not require you to display the real card. If you plan to do any online purchasing on platforms like Amazon, you should be able to use these cards right away.
Everyone should do a credit history review regularly. Mistakes happen, and when these errors are contested, your credit score may rise once the error is corrected, providing you have proof. As a result, your chances of being authorized for additional credit cards to improve.
So, the answer to the question “How to get a credit card in less time?” really basically comes down to how well you plan your application procedure. It usually takes around 10 business days. However, if you use the aforementioned tips and tactics, you might gain rapid approval and credit minutes after finishing the credit card application.