Understanding Instant Approval Credit Cards
The Truth about Instant Approval Credit Cards
Instant approval credit cards -- you see advertisements for them everywhere. But what are they really and is approval really instant? We’ll take you through the basics of instant approval credit cards so you can better understand them.
Is Approval Really Instant?
With instant approval credit cards, approval really is instant. Unlike instant decision credit cards, where the approval/decline process can take place even after a decision has been made, once you receive an instant approval, you’re approved for the credit card.
What’s the Difference Between Instant Credit and Instant Approval
When you apply for an instant approval credit card, you’ll receive notification right away on whether you were approved or not. With an instant credit application, you’ll receive a credit card number right away so you can start shopping as soon as the application is approved.
Are Instant Approval Credit Applications Secure?
The majority of credit card companies that offer instant approval and instant credit applications are operating on secure, encrypted servers, making your information safe. Applying for a credit card online can be just as safe, if not safer, than applying for a credit card via mail or in person.