Instant Approval Credit Card Offer

An instant approval credit card offer can get you an account in sometimes just a few seconds online! For example, the American Express Preferred Rewards Gold Card is rumored to approve applicants in less than 60 seconds online.

Once approved you are likely to receive the card itself within a few days in the post. Occasionally further research is needed to approve your application, which can take about ten days.

Instant approval used to be only available for those with the very best credit scores, but these days the range of possible applicants is far greater, so even if your credit rating is not great, you still might qualify. Finding out is quick and easy online.

If you don't qualify right now, it is usually possible to improve your rating through careful changes in your financial activity. However a lot of the information which claims to be able to improve your rating, is misleading or dangerous. Non-profit organizations are one of the best sources of correct unbiased information if you wish to know more about improving your rating.

While obtaining the card rapidly is sometimes best, other factors should be taken into account when comparing offers. Zero percent interest for an initial period is one common benefit which can be of huge value. If applied to balance transfers it can be used to either avoid paying interest on existing borrowing or to actually make a profit by transferring funds to an interest-paying savings account.

Other details to consider when comparing cards include rewards and fees. Rewards can be of great benefit if you choose those which fit your needs the best. Such rewards as air miles, price reductions on certain items, cash-back, or even payments towards a mortgage, can all be useful to certain people. So before you compare features, think carefully about your financial activity and which types of rewards would benefit you most.

An instant approval credit card offer, also sometimes known as online approval, can be of great value, and if the features of the account are chosen carefully, can be a real help to your finances.