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Credit Card

Top 5 Instant Approval Credit Cards You Need to Know About

What Is an Instant-Use Credit Card?

An instant-use credit card is a type of credit card that lets you start shopping right away after you’re approved. Usually, when you apply for one of these cards, the credit card company will give you an answer super quickly, often within a minute. If you get the thumbs up, they’ll share the card details with you straight away. This means you can add the card to your mobile wallet or use it for online purchases even before the physical card arrives in your mailbox.

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The Benefits of Instant Approval Credit Cards

Instant approval credit cards are super convenient, especially if you need to make a purchase right away. You don’t have to wait several days for a card to turn up in the post. Instead, with your card details at your fingertips, you can:

  • Start earning rewards and cashback as soon as you’re approved.
  • Take advantage of sign-up bonuses and offers right away.
  • Add your card to digital wallets and make online or in-app purchases seamlessly.

The 5 Best Instant Approval Credit Cards of 2023

Let’s take a look at some top instant approval credit cards on the market:

Chase Sapphire Preferred® Card

  • Bonus: Earn 60,000 bonus points after spending $4,000 in the first three months. That’s worth $750 when redeemed through Chase Ultimate Rewards.
  • Rewards: Get up to 5 points per dollar on travel booked through Chase, 3 points per dollar on dining and select streaming services, and more.
  • Perks: Annual $50 statement credit for hotel stays.
  • Annual Fee: Depends on the current offer.
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For example, if you book a vacation through Chase Ultimate Rewards using this card, you’ll rack up points faster. Dining out with friends or ordering takeout can also pile up those rewards points if you’re using this card.

Delta SkyMiles® Reserve American Express Card

  • Bonus: Earn 60,000 bonus miles when you spend $5,000 within the first six months.
  • Rewards: Score 3 miles for every dollar on Delta purchases, plus more perks.
  • Perks: Enjoy a $100 Delta flight credit and discounts on award travel.
  • Annual Fee: $550

So if you’re flying to New York with Delta, you could earn a heap of miles for future flights or upgrades by using this card.

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SoFi Credit Card

  • Bonus: No sign-up bonus.
  • Rewards: Bag 3% cash back on SoFi Travel bookings and 2% on other purchases.
  • Perks: Up to $1,000 in cellphone protection and no foreign transaction fees.
  • Annual Fee: $0

For instance, booking a weekend getaway through SoFi Travel with this card could give you more cashback which you could put toward your next adventure.

Picking the Right Instant Approval Credit Card for You

Choosing the best instant approval credit card comes down to what suits your lifestyle and spending habits. Here are some tips:

  • Look for cards with rewards programs that match where you spend the most money.
  • Consider annual fees and read the fine print on what perks are included.
  • Think about how you could use the bonuses and rewards to your advantage — like for travel or everyday purchases.

By comparing different cards, you’ll find the one that gives you the most “bang for your buck.”

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Frequently Asked Questions on Instant Approval Credit Cards

  • Can you get approved for a credit card immediately? Yes, for these instant approval cards, many applicants can get a quick response.

  • Which banks give instant card approval? Banks like Chase, American Express, and Bank of America offer instant approval cards.

  • What is the easiest credit card to get instant approval on? Secured credit cards often have the easiest approval because you’re backing them with a security deposit, making them suitable for folks with less awesome credit scores.

If you’re interested in getting your hands on an instant-use credit card, the options listed here are worth looking into. Be sure to research and pick the card that’s aligned with your needs to enjoy the benefits right from the start!

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