You need to know your credit score in order to apply for an instant-approval credit card. You will be approved for most cards if you have a credit score above 750. A credit score lower than 620 could lead to higher interest and a lower credit limit. Secured credit cards may be suitable for you if your credit score is not high enough. In the event that you default on your payments, this collateral can be forfeited.
WalletHub's editors' picks for the best instant approval credit cards
WalletHub editors sifted through over 1,000 credit card offers to determine the best instant approval credit lines for good credit. They analyzed the terms and conditions of each card, as well as other factors, such as annual fees, rewards programs, and approval requirements. The cards have been grouped by category to make it easier to make a decision.
If you have good-to-excellent credit and are looking for a credit card with instant approval, you'll want to check out the Capital One Quicksilver Secured Cash Rewards Credit Card. Although there is no annual charge, the card requires a refundable safety deposit. This will lower the spending limit. The card does not require a security deposit and offers excellent rewards. It can be approved instantly online.
People with bad credit can also get instant approval credit card cards. These cards feature a prequalification tool to help determine your chances of approval. You will be issued an instant card number once you have been approved. This approval process is not a science. Every issuer has different policies.
Comenity Bank
Comenity Bank offers many credit card options. Comenity Bank offers many credit cards. However, their primary focus is on store credit cards. They also offer high-yield savings accounts and certificates of deposits. Comenity Bank cards can help you build credit. A lot of their cards do not require credit and offer rewards programs that can be used with various retail partners.
Online application is the best way to get Comenity Bank approval immediately. Navigate to their website and click on the card deal. You can apply for a card by doing this without needing to provide your Social Security number. This won't result in any hard pulls on your credit reports. However, you should remember that once you've been approved, the account will show up on your report.
Comenity Bank can offer a card to suit your needs, regardless of whether you have good credit or poor credit. You will find the perfect card by working with more than 135 merchants.
SoFi
If you have strong credit and are interested to obtain a SoFi debit card, you've reached the right place. The credit card can be used at many merchants without requiring pre-qualification. Your credit score could play a part in your eligibility. A low credit score is acceptable if you have low income. However, a higher score will increase your chances of approval.
Another benefit of the SoFi credit card is that it allows you to earn points for your purchases. Two points are earned for every dollar spent on purchases. You can cancel your account at any time or violate the terms to forfeit these points. If you have made all your minimum payments, you will be eligible to receive a reduced rate of APR for 12 months.
The SoFi card has another benefit: you can use your rewards to get cash. Reward points can also be used for investing, budgeting, travel and other purposes. You can also redeem your rewards for SoFi Checking or Savings accounts.