It seems as if in this world, people only want to apply for a credit card that’s going to approve them on the spot. While those cards are out there, you’re going to want to make sure that you’re reaching certain guidelines before you set out and fill out an application.
In order to get approved for an application, you must meet the following guidelines most of the time. Keep in mind that this is going to vary from card company to company.
- Must have a good score: If you have a score of anything less than 750, you’re going to have a hard time getting instant approval. It doesn’t mean that you won’t get approved, it’s just going to mean that you’re going to have to wait.
- Debt to income ratio: If you have 10 credit cards and a lot of debt, they will want to dig deep into this. If you have no debt, this is another big plus.
- History: If you haven’t established credit for not that long, what you’re going to find out is that most companies will want to dig deeper into your credit history to check.
Where can I get an instant approval card?
The first place that you should check is online. Many credit card companies will state that you can get an approval within seconds. They love to capitalize on this one, because they know that people are going to apply. If you don’t see instant approval, there’s a good chance that you won’t get approved.
The next place that I would check into is the bank. Whether you work with a credit union, a major bank such as Chase, BofA, etc, you can walk into any branch and ask them about any cards that they have to offer. Explain your situation and see what they will say.
Do many gas cards give out instant approvals?
Yes! Reward card companies generally give out the most in terms of instant approvals. Since those that have great credit usually apply for rewards, you’re going to find that if you find that if you have great credit and you meet the expectations up above, you’re going to have a good chance at landing a card right away.
What kind of gas card company should I look into?
I would look into Discover, Citi, Chase, as well as Capital One. They all have a great line of cards and they should all meet your expectations.