Instant Approval Student Credit Cards
- No Cosigner Required
- Earn 5 ThankYou® points for every dollar that you spend in restaurants, bookstores, record stores, movie theatres, as well as video rental stores.
- Earn 1 ThankYou point for every dollar you spend on all other purchases.
- Earn up to 2000 ThankYou Points twice a year for maintain a good GPA in college!
In today’s world, no one is patient, you want to get a result within a snap and nobody likes waiting for anything. When looking for a student credit card, you may find that a lot of people online are asking if there is such thing as an instant approval student credit card.
The simple answer is no. We will explain exactly why you won’t be able to find these types of credit cards.
Not enough credit.
As a student, chances are this will be your very first credit card. Most credit card companies aren’t just going to accept a John Doe online because they need a customer. Most companies will go though an extensive background check to make sure that this isn’t a fraudulent application. Just think of it, I’m sure you wouldn’t want someone signing up with your information and getting approved online within seconds.
Companies need more information.
After you’re done filling out your credit card application, it probably feels like you just gave away everything you know about yourself. Sometimes, the credit card company will like to make a follow up phone call just to confirm all of the information on the application. They may also want to ask you a few questions regarding your new card. This is a technique used by card companies because most criminals will never give away a real phone number or talk on the telephone.
To prevent fraud.
You saw this one coming. As stated in the last two portions, the main reason most credit card companies don’t approve students instantly is to prevent fraud. Trust us. It’s much better to wait that extra week to get an answer rather than get your answer right away. Think of it, this is your first time applying and companies don’t know who you are.
Now we aren’t saying don’t give up and stop looking for instant approval credit cards. We are saying that you should probably just focus on a credit card that fits your needs that you know you won’t get accepted for right away. By the time you find an instant approval student credit card, you probably could have had a better credit card in your hand that you only waited for a week to get.
Even if you do find that instant approval credit card, chances are that the credit card won’t offer any type of reward program or will it have a decent APR rate. This is everything you will have to sacrifice just to have the card in your hands quicker. We highly suggest you find a credit card on our website that fits you. Patience is key here.
