More and more credit card companies now allow
consumers to apply for credit card online. A few tips will allow you
to make an informed decision, while taking advantage of the convenience
and opportunity to apply for credit card online.
Know your needs and credit standing.
Being aware of your needs and credit standing -- the first step --
will certainly help in selecting the right offer. To evaluate offers,
you could do your research based on credit standing (good, poor, etc.)
or your needs (students, business, etc.) At DontSpendMore.com, we have
online credit card applications for low interest or 0 apr credit card
and group instant credit card providers into categories, such as:
"good credit," "low apr," "poor credit," "student," "business," etc.
This categorization allows you to apply for credit card that closely matches
your individual requirements.
Compare credit card offers and apply for credit
Among others, pay
careful attention to the reputation of the company, annual fee, apr,
length of intro apr (if intro), late fees, grace period,
balance transfer rates, other fees, etc. Credit card applications are
required to provide all this
information in their applications. Some companies promise a
0% intro apr -- which later changes to a different rate. You must know
these numbers when you apply. Disclosures on credit card applications
would be the best place to look for such information.
Read disclosures before you
apply for credit card.
Don't skip this part! When you are
applying for a credit card, be sure to read the disclosure and fully understand
all that is stated. All credit card companies will provide you
with detailed information in their online -- or off-line -- credit card
Online credit card applications will generally take 5-10 minutes to
complete and, in most instances, provide an instant response (1 - 2
There is protection.
The FTC works to protect consumers. You can visit FTC at