Online Credit Card Apps: The New Way to Get Approved Instantly

To apply for a credit card online, you can choose between the issuer’s website or their mobile app. Both methods are quick and easy, but mobile banking presents added post-approval benefits. Here is how you can use online credit card apps for your convenience.

How to Apply on Credit Card Apps

To get a credit card through the mobile app, you can follow these steps:

1. Download the issuer’s app
2. Enter your mobile number and email ID
3. Complete the verification process via an OPT
4. Enter your name and other required personal details 
5. Enter your PAN details 
6. Select your preferred credit card 
7. Complete the application process 
8. Upload the documents on the app and complete video KYC, if applicable

If you are applying on a mobile banking app from an issuer you have an existing relationship with, then here are the steps:

1. Launch the mobile banking app 
2. Go to the ‘Credit Card’ section 
3. Select your preferred card 
4. Fill out the application form 
5. Review your details and submit

These steps can vary slightly, depending on the issuer’s app interface. In addition to that, it is important that you check your eligibility before submitting the application. If you don’t meet the eligibility and still apply, your chances of rejection are high, which can compromise your credit score. If you qualify, upon submitting the application, you will get approval shortly.

Virtual Credit Card  

Not only do online credit card apps allow you to save time on the application and approval process, they also allow instant access to your credit card. After approval, you have to wait a few days until your physical card is delivered to your home. Meanwhile, you can still access your credit limit by activating a virtual variant of your credit card.

This is an online version of your credit card with a different credit card number, CVV number and expiry date. Using these details instead of your primary card number helps you complete online transactions with higher security.

Benefits Of Online Application 

Here are some benefits of opting for online applications over applying offline.

• You can save time and shorten a lengthy application process 
• You don’t have to visit a physical branch location or issuer’s office 
• You can verify all card details to make an informed decision
• You get faster approval compared to the offline application process 
• There is no rush to fill up the form completely in a single attempt 
• You can apply from anywhere to get a credit card for an emergency 
• Since you don’t have to share your details and documents with anyone, it provides better data protection

The benefits don’t end here. After you have received your card, you can use the same app to track and monitor your credit card activities. This includes keeping track of your bills, checking the due date, accessing transaction history, checking the fees and charges, getting the latest offers, etc.

If you are planning to apply for a card that offers quick application with easy-to-meet eligibility criteria, consider applying for the One Credit Card. This card offers 5X reward points on your top two spending categories in a month. Apart from that, you get to enjoy lucrative deals across categories with no-cost EMI benefits for affordable shopping. Apply online to get this lifetime-free card!

Read also: Why You Should Use Your Credit Card for Christmas Shopping This Year