| With the convenience of the Internet and our | | | | allow you to get either points or rebates anywhere |
| instant-oriented society, it is no surprise that financial | | | | from 1% to 6%. The higher levels of rebates are for |
| matters can also be just about as instantaneous, too. | | | | your purchases of groceries, gas, and medicines. Other |
| The same can be said about instant approval credit | | | | items may receive anywhere from a 1% to a 3% |
| cards, which appear only to take a few minutes to | | | | rebate. If you never had a reason to use a credit card |
| obtain. But before you apply to the first card you see, | | | | for all of your purchase activities before, here is a |
| you might want to think about some of the pitfalls and | | | | good one. Watch out, though, for annual fees -- the |
| important points here to help you get the best card for | | | | better card offers do not have them! With the right |
| your situation and avoid unexpected problems. | | | | card, significant savings could be coming your way in |
| Choice Of Card | | | | the way of an instant approval credit card. |
| Many types of credit cards now come with instant | | | | Other Things To Look For |
| approval. You will have to look at the various types to | | | | Each of the instant credit cards have other features |
| properly select which one will be the best for you. | | | | that you need to compare. For instance, the regular |
| Here are several instant approval card types from | | | | interest rate - once the special introductory offer runs |
| which to choose: | | | | out, will kick in. This rate can vary anywhere from |
| •Mileage Cards | | | | about a low of around 7.9% all the way up to about |
| This kind can be of great benefit to you if you travel a | | | | 18% and beyond. So be sure to know when the higher |
| lot. They primarily reward you with air miles or rebates | | | | interest rate will be applied. This really will not be a |
| on gasoline. Other benefits might include free nights in | | | | concern, however, if you pay down the monthly |
| hotels, discounts on car rentals, and discounts toward | | | | balance each month. Typically, most introductory |
| the purchase of a new car. These cards will often | | | | offers will last anywhere between three months to |
| come with a large air miles starter package when you | | | | fifteen months. |
| make your first purchase - possibly as much as | | | | Instant Application |
| 25,000 air miles. So if you are looking to make any kind | | | | After choosing which card best suits your personal |
| of trip real soon, you might still have time to apply and | | | | needs and gives you the most advantage, your |
| receive your instant approval credit card before the | | | | application can be received over the Internet and |
| trip and have the air miles applied. | | | | evaluated in just a few seconds. You then will quickly |
| •Balance Transfer Cards | | | | receive a response as to whether or not you have |
| If you are carrying a current balance on other high | | | | been pre-approved for your instant credit card. If there |
| interest credit cards, then here is another reason why | | | | is a problem, further information will be needed by the |
| you may want to apply for an instant approval credit | | | | card issuing company. This means that they will either |
| card with a balance transfer offer. Typically, many | | | | have to call you, or mail you a request for more |
| balance transfer cards allow you to transfer a card | | | | information, which can take additional seven to ten |
| balance from another card and get 0% interest on it, | | | | days. But either way, you will not be able to make any |
| but only temporarily. This can save possibly hundreds | | | | purchases until you actually receive the card, which |
| of dollars in a year's time. Be careful to note, though, | | | | could take another several weeks. |
| the time length of this particular benefit tends to be | | | | Instant approval credit cards are primarily for those |
| short-lived -- anywhere from 3 months to 15 months. | | | | who have either good credit or excellent credit. Other |
| After that, you'll be paying a much higher rate of | | | | types of cards can be offered to those whose credit |
| interest on the balance. | | | | may need a little help, such as secure credit cards, |
| •Cash Rebates Cards | | | | which are issued to help rebuild a person rebuild their |
| This type of card is really handy if you use a credit | | | | credit history. |
| card to make most of your regular purchases. They | | | | |