How Quickly Can You Get A Credit Card UK

When considering optimum conditions, how quickly can you get a credit card UK might take up to 10 working days for your credit card to arrive in the post. Getting the card accepted the same day that one applies is possible.

Once you’ve decided that you need a credit card, the process of applying for a card can be quick and simple. Online applications are frequently processed faster, and some lenders will immediately accept or reject the application.

By the end of this article, you will have a clear idea on;

  •   How to get a credit card quickly
  •   How long does it take to apply for a credit card?
  •  How long until your application is accepted?
  •  What if the credit card application is declined?
  •  When should you apply for a credit card?
  •   When will your new credit card arrive?

How to get a credit card quickly

Getting a credit card might be lengthy when the borrowers need one quickly, so it needs to be applied as soon as possible.

The quickest way to obtain a credit card is:

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  •  Look at instant decision credit cards
  •  Choose a credit card by comparing them all.
  •  Verify that your credit history is accurate. To remedy any errors, get in touch with the relevant credit reference organizations . https://www.equifax.com/personal/

Applying at the beginning of the week may result in receiving the card more quickly. This is because the majority of credit card providers can only process the application during business hours.

It could be quicker to apply for a credit card through your bank of current accounts. This is because they can more easily confirm your identification.

This could not be the case if one is applying for a balance transfer card. In most cases, if a person currently has a credit card with a certain credit card issuer, he/she cannot apply for a new balance transfer card from them.

How long does it take to apply for a credit card?

Applying online for a credit card might take as little as 10 minutes. The applier should make sure he/she has the personal details on hand before applying, including:

  •    Name
  •   Address history
  •   Yearly income
  •     Employment information

It can also be asked for information on additional credit cards now owned.

When compared to an online application, submitting a paper application by mail or in person at a branch may take longer.

How long until your application is accepted?

Credit card companies may take five to ten days to decide whether to approve the application. However, the majority of suppliers now provide rapid approval, particularly when customers apply online.

Instant approval entails the ability to review the application and financial information, including the credit score, virtually immediately.

If a customer clearly fulfils all of the application requirements, they will receive the outcome within a minute or so after submitting their application. One might have to wait a little longer in some situations to find out whether the application was approved. How quickly can you get a credit card UK depends on several factors.

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The decision may take longer if they need to:

  •  Examine the credit history more closely.
  •  Examine fraud databases.
  •  Verify one’s identity

When comparing credit cards with MoneySuperMarket, one can often learn whether or not he/she is likely to be accepted within a few minutes of finishing the search — this is referred to as “immediate approval.”

 However, the decision to approve someone for a credit card will ultimately depend on the credit score and how they have handled the previous borrowing, as mentioned above. Customers won’t know the lender’s final decision until they apply for the card.

The credit score will probably be higher, and applicants have a better chance of getting accepted for the finest credit card offers if they’ve been good at managing the bills by making on-time payments and not going overboard with the borrowing.

What if the credit card application is declined?

Whenever feasible, avoid submitting another application for at least six months after receiving a rejection for the first one. Lenders may be less inclined to approve the application if users submit too many credit applications in a short period of time, which might indicate that they are in a rush to acquire money.

Applications for declined credit cards are still included on the customer’s credit report. One can check the credit history to see if there are any concerns that could be limiting his/her ability to borrow if the application has been refused and one is unsure of the reason.

When should you apply for a credit card?

Applying for a credit card at least a month in advance is advised if one requires a credit card for a specific reason, such as a vacation or debt transfer. The earlier you apply, the more time gives yourself to deal with any administrative problems that can cause the process to stall.

But it could be better to hold off on applying for any new credit in the six months prior to making a mortgage application if one is already in the process of doing so or planning to do so.

When will your new credit card arrive?

After the application is approved, the majority of credit cards are sent within 10 working days. However, if the letter is delayed, stolen, or misplaced in the mail, it can take longer.

If the application for a credit card has been approved and it hasn’t come in two weeks, get in touch with the credit card company. They might have to cancel the original card and give the customer a new one.

Bottom Line

When asking how quickly can you get a credit card UK, the quickest way to obtain a credit card is by applying for one online as soon as possible. Submitting a paper application by mail or in person at a branch may take longer. The majority of banks now provide rapid approval, particularly when customers apply online. The decision to approve someone for a credit card will ultimately depend on the credit score. Customers won’t know the lender’s final decision until they apply for the card. Lenders may be less inclined to approve the application if users submit too many credit applications in a short period of time.

If you are looking at getting a credit card then you may wish to learn the difference between credit card and debit card here:

What’s the real difference between credit cards and debit cards?

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