Credit card companies have tried to make it easy to access their services by providing online signing options for people who may be interested in getting credit cards. Having to go to the banks or even to visit the credit card service companies meant only people who could physically reach the institutions were able to apply for cards.
With automated banking systems, getting the relevant information needed to sign somebody for a credit card service is quiet easy. This together with the increase in competition among credit card service providers has seen a lot of diversity in the credit card issuing process as it has become quite evident that restricting your client outreach will only make it more difficult for you to get any business. The simple fact is that the credit card service providers do not necessarily have to see you physically to gauge your credit worthiness. When applying for a credit card, the most important information that influences a client's eligibility for a credit card are all acquired from other sources other than the client himself. This fact therefore renders a client's physical presence inconsequential in such an exercise.
Why online is the best method
For a long time, financial institutions relied on individual research based on a client's information about him/herself to determine whether they were worthy of a service. With the presence of the consumer reporting companies, the financial institutions would not rely on your personal testimony even if you volunteered to give it. This is because you are least likely to be a neutral representative of your own interest and therefore the information you give is likely to be biased in your favor. Finding information from sources independent of your manipulation is the best way ahead.
For you the applicant, applying for your card online saves you from the inconvenience of having to visit their offices regardless of their location in relation to yours. It is a global village and people are constantly on the move. Business opportunities do not know geographical boundaries and so the cards too should not be restricted to boundaries. The credit cards are a very convenient medium of exchange for people who move from one place to the next or who pay for or sell stuff across borders. Imagine the inconvenience of having to carry huge money bags across border points and then the stress of converting it into the local currency whenever you need to carry out business with people from a neighboring country. Incase your card has a problem while you are in a far off land, it would be a nightmare trying to solve the problem if the service was not online. How about being able to detect identity theft?