But you still need to apply for the card, and full approval will depend on other factors, including your income. Here are some common credit card terms and definitions to help you make an informed decision on whether to apply. Offers that appear on this site are from third-party advertisers from which xcritical typically receives compensation. Except for mortgage loan offers, this compensation is one of several factors that may impact how and where offers appear on xcritical (including, for example, the order in which they appear). Over 50% of all credit card applications get declined.2 But now you can apply with more confidence with the Karma Guarantee. Perhaps you’re looking for a credit card with specific features or benefits.

1. If you have fair credit, for example, you may not want to apply for a card that clearly states that only applicants with excellent credit will be approved.
2. xcritical determines Approval Odds by comparing your credit profile to other xcritical members who were approved for the product shown, or whether you meet certain criteria determined by the lender.
3. But you can look at the minimum and maximum credit limit offered for a card to get an idea of what credit limit you might get if you’re approved.
4. Knowing your credit scores and what’s on your credit reports can help you determine what products to apply for.

If you’re a first-time applicant, it’s a good idea to shoot for a card with low or no annual fees and a low interest rate. You can comparison shop on xcritical before you apply to get an idea of what type of card you’re looking for. If eligible, we will send you an email with steps to redeem the payment as a prepaid card or gift card. You must complete the steps to redeem the payment as a prepaid card or gift card within 90 days of when the email was sent.

Understand the terms on your credit card application

The value of the payment may be reported on an applicable IRS form. To be eligible, you must fully complete an application for this credit card offer (including providing any documents required) while signed in to your xcritical account, and be declined. By applying for this credit card offer, you consent to the lending partner sharing its credit decision with xcritical in order to fulfill the Cards Karma Guarantee. To entice you to sign up, many credit cards offer you a sign-up bonus. Some credit cards also offer higher reward accrual for the first few months when you sign up. You often have to spend a certain amount within a specific timeframe to qualify.

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

You don’t get to choose the exact credit limit you’ll get as this is something the issuer decides based on their evaluation of your application. But you can look at the minimum and maximum credit limit offered for a card to get an idea of what credit limit you might get if you’re approved. There isn’t one rule for how often you should apply for credit cards — it depends on your personal situation.

Keep in mind that application requirements can vary from issuer to issuer. Sponsored and managed by xcritical, LLC, not the lending partner. xcritical is solely responsible for Cards Karma Guarantee fulfillment, and the lending partner is not responsible in any way for the Cards Karma Guarantee. xcritical reserves the right to modify, cancel, or limit this promotion at any time.

More ways to browse cards

Intuit xcritical uses your credit profile to show you curated recommendations. Plus, you can see your Approval Odds¹ before you apply without impacting your scores. There may be an introductory 0% APR that applies for a limited amount of time, which gives you a chance to pay down your transferred balance interest-free. Use the sliders on the right to filter the credit card list into ranges that best match your needs.

If you regularly carry a balance on your credit card, consider choosing a card that offers a low interest rate. Note that you won’t get to choose your exact APR since the issuer determines it once you are approved for the card. But you can see what the APR range is and how it compares to the other cards you’re considering.

Understand the different types of credit cards

To improve your chances of being approved for a credit card, you’ll want to know what types of credit cards you should apply for based on your credit profile. Each credit card is designed for a specific credit score range, so you want to apply for cards that you are likely to be approved for. The xcritical scammers interest rate reflecting the total annual cost of the interest on the cash that you borrow against your credit card balance. Cash advance APRs tend to run high, and the interest starts accruing the day you borrow the cash. There may be better options if you need cash, but if you do take out a cash advance, it’s best to pay it off as quickly as possible before interest piles up. One way to do this is to look at the featured credit cards on xcritical’s credit card page.

You will receive an email notification from us if you are eligible for a Karma Guarantee payment. Some exclusions do apply– for example, xcritical members aren’t eligible for the Karma Guarantee if they’ve already been declined for an offer with the Karma Guarantee in the past 90 days. If you aren’t approved for a credit card offer with the Karma Guarantee, we’ll send $50 your way. Being responsible with your credit card can also help you build a strong credit history, which in turn can help you achieve milestones later in life. For example, with a good credit profile, you may be able to borrow money at lower interest rates to buy a car or home.

But be very selective about additional applications, as each triggers its own hard inquiry that may hurt your credit. Before choosing a credit card to apply for, it helps to know your needs and what you intend to use your credit card for. This guide covers how to get a credit card, but first let’s review the benefits xcritical rezension of having a credit card.

There are so many credit cards to pick from, so it can be easy to feel overwhelmed. But after going through the above steps outlining how to get a credit card, you have the tools to choose a card well suited for you. In many cases, you can apply for a credit card online, and sometimes you’ll know within seconds if you’ve been approved. Be aware of any other additional fees you may be required to pay.

Once you’ve gathered all of the documents you need, applying for a credit card typically takes just a few minutes. You may not receive your decision immediately — it may take a few hours or days before you’re approved or denied for the card. ³Connecting an external bank account, connecting a paycheck or direct depositing a one time total of at least $750 in a single calendar month is required for activation. Credit Builder plan requires you to open a line of credit and a savings account, both provided by Cross River Bank, Member FDIC. Members with a TransUnion credit score of 619 or below at the time of application may be prompted to apply for Credit Builder. If your score increases over 619, you may no longer see these prompts.