Instant Approval credit card is just what it says. Upon completion of your application you will get an instant decision.
This is how it will work. You will fill out an application online, upon submitting it your FICO Score will be retrieved and based solely upon that number you will be approved or denied.
If you are approved you will be mailed a credit card. You then must activate it and use it for purchases.
The credit crisis has been many lenders in limbo. However the reality is these lenders only want to lend money to good credit risks.
In fact lenders are desperate to generate new 'good credit risk' customers. Lately the government has been running stress test on the banks.
They government wants the banks to generate more capital in case we experience another meltdown. The banks are scrambling to generate this money. However they realize that they need to get back to basics and lend to 'good credit risks' customers.
If you have good credit then we suggest the Discover More Card.
They offer a 0% intro APR and up to 5% cash back without a limit on the amount you can earn. And a 0% APR on balance transfers for the first 12 months. No annual fee and a low 10.99% APR.
