![]() ![]() Consider why you need an instant line of credit. ![]() Here are some tips to help you choose the best instant approval credit card: You want to make sure the card fits your budget, complements your spending habits and checks off all of the boxes you’re looking for in a new credit card. How to choose the best instant approval credit cardĪlthough instant approval cards may seem tempting, we don’t recommend choosing a credit card based on whether it offers speedy approval. But you want to avoid carrying a balance on a high-interest credit card because it will grow your debt and your credit score can take a hit. This can be useful if you need to finance a large purchase or incur an unexpected expense.Īnd if your instant-use credit card offers a 0% introductory APR, you can take your time paying off a larger purchase before accruing interest on a revolving balance. Since many instant approval cards also provide instant access to your card number, you can typically start using it right away. If you want to know if you’re eligible for a credit card right away, applying for an instant approval card can save you from waiting. What are the benefits of a card with instant approval? But some issuers, like American Express, may offer instant card numbers to eligible users, which can be added to a compatible digital wallet and used to make purchases immediately. Many instant-use credit cards happen to be secured cards, which are geared toward lower credit scores. In some cases, you’ll also be able to use your line of credit immediately upon approval. What is an instant approval card?Īn instant approval credit card lets you know immediately if you’re approved for a specific card. Įarn unlimited 1% cash back on all other purchases – automatically. And if you have an Apple Card, you can open a high-yield savings account for Daily Cash rewards in the Wallet app.įor more details, check out our full Apple Card review. If you get approved, you can use the card right away through Apple Pay. And if you decide to reject the offer or your application is declined, your credit score won’t be affected either. Your credit score isn’t affected until you accept your offer. You can find out if you’re approved for the Apple Card without hurting your credit score. And you can access your cash-back balance in your Apple Wallet - making it easy to apply to your balance or send money to a friend. You’ll earn cash back on qualifying purchases daily. You will receive a physical card, which can be handy when shopping at merchants that don’t accept Apple Pay. The Apple Card* is one of the best credit cards for instant approval, because not only can you apply directly from your iPhone, but it’s automatically added to your Apple Wallet app upon approval. ![]()
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