Home » Instant Credit Cards: What are They and How Do They Work?

Instant Credit Cards: What are They and How Do They Work?

Instant Credit Cards

Credit cards are undoubtedly a great financial tool that comes with a host of advantages that makes spending hassle-free. Also, you can easily repay the amount without any additional interest on it. Now, after you apply for credit card, usually, it takes about a week to arrive following the approval.

However, you do not have to wait for so long if you apply for an instant credit card. You can get the card approved and use it for transactions within a few hours.

What are instant credit cards?

As its name suggests, an instant credit card is available quickly, usually only after a few hours of approval. In most cases, these cards are available in a virtual format, which you can use just like a physical one. The physical card, however, gets delivered to your address in a few days.

How do instant credit cards work?

The working principle of an instant credit card is similar to regular credit cards. Most banks assign a number to an instant credit card, and you can use that number to make purchases online following the approval. This is called a virtual credit card number. You can also conveniently link this to your online wallets.

Features and benefits of an instant credit card 

In contrast to regular credit cards, these instant credit cards provide several lucrative benefits to their users. Here are some of the best features and benefits of these cards.

  • Exciting discounts and deals

Banks offer exclusive discounts to the applicants of this credit card. You can also take advantage of several specific offers that are reserved particularly for these credit cards. For instance, with such credit cards, you can get better free airport lounge access with a particular flight or additional discounts by shopping from a specific brand.

  • Convenience

The instant credit card does not have a physical form, and all vital information, including card number, CVV, expiration date, and more—is readily accessible online via a mobile device. Because of this, you can easily access all the necessary information online. Further, this feature prevents the risks of theft or damage to the card. However, when you get your physical card, you need to be careful about any theft or damage. 

  • Earn additional rewards 

In most cases, you will find that instant credit cards offer additional reward points. Now, the process of redeeming them stays the same, but you can get 2X or 3X reward points with such cards. Also, the additional perks are often different from regular credit cards.

How to apply for an instant credit card?

You can follow these simple steps to make an application for a quick approval credit card. 

Step 1: Visit the official website of the bank you like. 

Step 2: Click the “Apply” button in the “Credit Card” section of the website. 

Step 3: Enter all of your personal information, including name, occupation, monthly salary, phone number, PIN code, and more.

Step 4: Choose the preferred credit card and click “Check Eligibility.”

Step 5: If you meet all conditions for credit card eligibility for the selected card, you will be asked to finish the application by entering information such as your name, date of birth, email address, and PAN.

Step 6: After that, enter your home address and PIN.

Step 7: Following this, feed in your employment details, including the name, PIN code, address, and employer’s landline number.

Step 8: You have to finally enter the OTP that was delivered to your phone to complete the application process.

A representative of the bank will call you after this process is complete and guide you through the next steps.

Also Read: Average Credit Limit for First Credit Cards


To sum up, the application process for a credit card has become simple and quick, but it remains a debt that you must carefully manage. The reason being any delays or defaults of credit card online bill payments will lead to significant damage to your credit profile, which can take a long time to repair. Furthermore, do not forget to go through the terms and associated charges of these quick-approval credit cards. This will help you make an informed decision and avert any future complications.


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