Instant food, instant EVERYTHING...we are a WORLD of 'instant.' We are a quick moving, fast paced society with a PUSH to do 'more' daily! So is it any surprise that we might need a card that provides credit with instant access, too? All you have to do is go on-line to one of many sites, provide your information and get credit card decisions within minutes! You may have MULTIPLE offers credit cards with your choice of design, photo, logo or other enticements meant to 'LURE!' But there is a big difference in cards! Be WISE... don't 'instantly' decide! Do some research!
Credit Cards Vary WIDELY in Terms
You may find it 'wiser' to access specific credit company sites to apply for a card. You will get as much 'instant' as with sites that scour ALL cards and give you multiple choices. The benefit is eliminating the 'middle man' and potentially LOTS of fees or charges. Instant access credit cards can have extremely high fees and other charges. So read the 'fine print,' terms and conditions. Some charge an annual fee, monthly fee, set-up fee, extra card fee and other fees too numerous to mention! And don't overlook the words secured or UN-secured. These are two very DIFFERENT cards. Most instant access cards today are SECURED ones. Secured cards require a deposit BEFORE you can access them. You only get what you deposit...no more! There is a FEE for secured cards. Sound a little 'well...dumb?' Actually it isn't. There are good reasons to choose an instant access secured credit card! One is being 'instantly' able to pay bills via phone or internet!
Secured and Credit Limited Cards With Low Fees are the Way to Go!
You can rebuild or BUILD your credit by using a secured credit card. They are 'the answer' for people who have NO credit or who have bad credit. With time and 'good management' as well as an excellent re-payment record, you can build 'good credit' fairly fast! Today's world mandates GOOD if not EXCELLENT credit scores! Don't go for un-secured credit cards that have more fees than they do available credit! It's NOT NECESSARY to obligate yourself to such fees because cards are available with very few fees...but if your credit IS BAD, expect you WILL have SOME fees. An added benefit to most instant access cards is a CREDIT maximum spending limit. This allows you to 'keep your payments and amount owed low' to spite the many temptations!
Most things 'instant' in our world do NOT require a lot of thought, but take your time with credit decisions...or you may be 'instantly' sorry!