After knowing the steps involved in applying and the requirements by different banks, the application procedure for a credit card may actually turn out pretty simple. Availed astutely, credit cards can benefit a lot by way of convenience, rewards, and building a credit history. Well, on the other hand, it's very important to observe the credit card that suits your financial needs and lifestyle best. Here is your road map to apply for a credit card from all major issuing banks, complete with their application details and methods. This will increase the chance of approval and will also be able to find the credit card with the best benefits for yourself. The various types of credit cards which are there in the market are:
Know what best serves your needs,there are different types before applying for any credit card.
Cashback Cards: They give cash back as rewards on purchases.
Travel Rewards Cards: For traveling-related spending, they give points or miles in return.
Low-Interest Cards offer low or even 0% Intro APR for Balance Transfer or New Purchases.
Secured Cards require a security deposit and are pretty good at building or rebuilding one's credit.
Independent of the other determining factors for approval, your credit score will play a huge role in the final verdict. A good credit score will really help your chances in getting approved for a credit card with good terms. You can see your credit score for free via many services online and credit bureaus.
Below are the steps to apply for a credit card through some of the major banks in the USA:
Steps to Apply:
Search for a Chase Credit Card: Log into their website and look for the Chase credit cards available, such as Chase Sapphire Preferred and Chase Freedom Unlimited, to mention a few.
Pre-qualify: This is available on their website, providing you with an estimate regarding the approval likelihood of your application without affecting your credit rating in any way.
Collect all Your Personal Info: Be sure you have your social security number, income information, and employment information at your fingertips.
Apply: Online via the website—chase.com—or in person application at any Chase location
Wait for Approval: In most cases with Chase, approval is instant, but in some, it may take a few days.
Visit website:https://www.chase.com/
Steps to Apply:
Research Different Cards: Bank of America offers several different cards available, which range from a Bank of America® Cash Rewards credit card to even a BankAmericard®. Check for Pre-qualification: Go to Bank of America's website and check for pre-approval. Gather Your Documents: Need your SSN and income and employment information at your side. Apply Online or In-branch Application: You can apply online or personally visit the Bank of America branch Review and Approval: Bank of America typically approves in minutes only.
Visit website:https://www.bankofamerica.com/
How to Apply:
Apply for a Citi Credit Card: Apply for the bank credit cards listed below, including the Citi® Double Cash Card and the Citi Premier® Card. Pre-Qualification Check for pre-approvals using this pre-approval tool that Citi offers. Gather Info You'll need to have your SSN on hand and also your income info, in terms of employment. Apply Online Apply online at Citi's website, or in-branch at any Citi branch. Approval Process: Many Citi apps receive instant decisions, while others will require further review.
Visit website:https://www.citi.com/
How to Apply:
Credit Cards View from Wells Fargo With a wide range of credit cards, from the Wells Fargo Active Cash® Card to the Wells Fargo Reflect® Card. Make sure to pre-qualify: Use their online tool to see what credit cards you may be eligible for. Have your info handy You'll need your SSN, your income, and your employment information. Apply Online or In-Branch: Submit an application via the Wells Fargo website or in-branch. Approval and Review: The vast majority of Wells Fargo decisions are made nearly instantaneously; some, however can take a little longer for review.
Visit website:https://www.wellsfargo.com/
How to Apply:
Pick an Amex Card: These range from the Blue Cash Preferred® Card to The Platinum Card® — there is a long list of American Express credit cards PreQualify: You can check on the website of Amex for pre-qualification into available offers that will not ding your credit score. Gather Documents: Have ready your SSN, income details and employment information. Apply Online: Fill out their online application form on their website Get Approved: You will largely be approved on the spot by American Express, though some applications may require further review
Visit website:https://www.americanexpress.com/
Check Your Eligibility: You want to ensure that you're eligible for any card you apply for. Read Terms and Conditions: Know the interest, fees, and reward programs with the card. Good Credit: The better your crede, the greater the chance of acceptance, or better yet, the better terms that can be had for you.
Always be in a position to track the status of the application, and always be prepared to provide more information if necessary. The following steps can easily help anyone get a credit card in the USA. However, always remember what each bank wants. Always compare the credit cards being offered so that you end up using the one which best serves your financial needs and your lifestyle.