October 20, 2021

Pay Dayz Blog

Blogging and News Press

How to apply for a credit card and get approved online?

4 min read
the best credit card in India

the best credit card in India

Are you thinking of applying for a credit card? Now you can do it online! Simply submit your credit card application with a few documents and get instant approval.

Have you been reading about all the amazing advantages of credit cards and thinking that you should apply for a credit card too? We have good news for you!

Now you can apply for a credit card online, from the comfort of your home and get instant approval.

Once you have figured out the credit card that you want to apply for, it can be yours in a matter of a few clicks.

Why apply for a credit card online?

Apart from the immense convenience that an online credit card application can bring with it, there are several other benefits that you can enjoy when you apply for a credit card online.

You can take advantage of exclusive online offers such as joining and annual fee waivers, instant approval, and many more. 

Some common benefits of applying for a credit card online include the following:

Easy comparison

One of the best parts about applying for a credit card online is that it grants you get the flexibility to make a detailed comparison between various cards.

There are several credit cards available in the market, and each of them has something unique to offer. Today multiple online financial marketplaces help you choose a card that best suits your interests in a few easy steps.

Right from the details of eligibility criteria to the discounts and cashback features, you can read, compare, and choose one that suits your financial interests the most. 

Hassle-free process

Unlike the offline application procedure, where you will almost drown in paperwork trying to submit all the required documents when you apply for a credit card online, the application process is fairly hassle-free.

You don’t have to do a lot of back and forth for submitting the documents and the process is really quick and easy.

For instance, when you apply for Bajaj Finserv RBL Bank SuperCard, you can avail all the perks that it has to offer in a few steps. Simply make sure that you meet the eligibility criteria and submit the online credit card application with the supporting documents, and you can get instant approval. 

Moreover, when you apply for a credit card online, you don’t need to visit the bank physically. All you need to do is enter your information accurately and scan and upload paperwork. No more waiting in the lines to get your work done! 

Instant approvals

Online credit card application also brings with it the fantastic feature of instant approval.

Gone are the days when you would have to follow up with your issuer, enquiring the status of your credit card application. Now, once you submit the application and all the right documents, you can receive instant approval. 

Apart from the banks’ dedicated websites, there are several third-party financial marketplaces online that help you through the credit card application process.

By using their services, you can determine your eligibility, file your application and enjoy the advantages of credit cards, instantly. 

But how to apply for a credit card online? 

While every bank or third-party website has its own unique set of steps that you must take for submitting a credit card application, the basics remain the same.

All you need is an active internet connection, scanned copies of a few basic documents and you’re all set!

Generally speaking, the process for applying for a credit card online includes the following steps:

  • Visit the credit card issuer’s website. 
  • Check out the features of all the credit cards offered by them. 
  • Compare the features and benefits of all the cards. 
  • Once you find a credit card that suits all your needs, fill out the credit card application with accurate details. 
  • Upload the scanned copies of your supporting documents. 
  • Hit submit and wait for the approval. 

How to decide which card is the best for you? 

Some common factors that will help in determining which credit card is the best suited for you include the following:

  • Spending pattern: Your monthly spending pattern is one of the most important factors that you must take into consideration to find the perfect card for you. 
  • Fee and charges: Whenever you’re getting a credit card, you need to compare the fee and charge. Make sure to compare the interest rate on each of them to decide how much you are ready to pay in exchange for the benefits offered by the credit card.  
  • Benefits offered: Does your chosen card offer the benefits that suit your lifestyle needs? Do the discounts, rewards and cashback offers make sense for your spending habits? Ask yourself these questions before zeroing down on any card. 

Conclusion: 

Back in the day, applying for a credit card was a huge hassle. So much so, that people mostly avoided getting one. But the advent of the internet has simplified the process to a significant extent!