The Best- and Worst- Instant Approval Credit Card Offers
A Credit Article Contributed by Augusta Wilson
What is an Instant Credit Card Offer?
Every day millions of Americans are inundated with credit cards offers, many offering instant approval. An instant online credit card offer is a card which is applied for online, allowing the applicant to receive an approval within minutes. Some of these offers are better than others, offering low introductory rates, and no annual fees, while other deals should be avoided.
How Do I Know Which Instant Approval Credit Card is Right for Me?
With so many credit cards on the market, it can be difficult to tell the difference between the good offers and the bad ones. Here is a a short guide to the best- and worst- instant approval credit cards on the web.
One of the best deals on the internet is the CitiPlatinum card. It offers a low introductory APR, and a low rate thereafter, no annual fee, and instant approval. It also offers 0% liability on unauthorized purchases and secure online account management.
Another great deal is the Blue Card from American Express. There's no annual fee, and, for applicants with excellent credit, up to $100,000 worth of credit. Additionally, there's no interest for the first fifteen months, and a low ongoing rate of just over 8%.
The Providian Platinum Visa offers %0 APR for six months, on both balances and transfers, and there's no annual fee. There are generous reward programs, which let you shop at your favorite retailers, and you can be approved in an instant.
One of the worst credit card deals on the internet, which offers instant approval is sponsored by First Premier Bank. The First Premier Bank Gold Mastercard is an unsecured credit card, which is targeted towards those consumers with a history of damaged credit. There are many reasons to avoid this offer, such as its astronomical interest rate of almost 10% and annual fee of $120.00.
Another deal to steer clear of is the basic First Premier Bank card. Like its sister card, the Gold Mastercard, this deal has a high APR of almost %10 and a high annual fee. There are no rewards programs or cash back incentives, to compensate for the fees and high APR.
Believe it or not, though, there is yet a worse credit card offer out there. The USA Gold Credit Card, offered by the USA Credit/Commonwealth Marketing Group, has no advantages, whatsoever. Although it does offer instant, guaranteed approval, it has not rewards program, nor any other incentives. It does have, however, a $10 application fee, and an annual fee of over $200.00! This is by far the worst credit card offer on the web.
I Know Which Instant Approval Credit Card I Want- Now What?
Once you know which card you want to apply for, simply log into the Bank's web site and begin the application process. The company will most likely ask for your personal details and estimated income, and once they have that information, they will provide qualified applicants with an approval in minutes.
