There are moments in life when you need a new credit card — like immediately! Are you looking to make an emergency purchase? Start a search today to learn more about the best instant approval credit cards for 2023.
Whether you’re looking for a speedy application process, or an account number as soon as you’re approved, there are credit cards options for you. Just remember to weigh the convenience and perks against the terms and conditions.
OpenSky Secured Visa Credit Card
Credit Score: N/A
APR: 21.64 percent1
Approval Process: No credit check and completed within minutes.
If you have bad credit, the OpenSky Secured Visa Credit Card may be the ideal option for you. Unlike traditional “unsecured” cards, this option requires an upfront deposit. The amount you choose will ultimately be your credit limit, ranging between $200 and $3,000. When you close the account, you get the deposit back – as long as your credit is good.
Capital One Walmart Rewards Card
Credit Score: Fair (650 – 699)
APR: 17.99 – 28.99 percent2
Approval Process: You can instantly find out if you’re eligible for the card without the results impacting your credit score.
The Capital One Walmart Rewards Card is hands-down the ideal credit card to get if you shop at Walmart (and especially if you shop at Walmart online). The card earns you 5 percent cash back in Walmart stores for the first year of use.
American Express Blue Cash Preferred Card
Credit score: Good (700-749)
APR: 18.49 – 29.49 percent3
Approval Process: You can instantly find out if you’re eligible without the results impacting your credit score.
Grocery shoppers who have good credit might find even more value in this option. The Blue Cash Preferred Card provides a 0 percent APR for the first 12 months that the account is active. The welcome bonus is $250 cash back when you spend over $3,000 in the first six months. Once your application has been accepted, you get an instant card number online.
“Instant Approval” Can Vary
As you can see, the “instant approval” offered by different credit card companies refers to certain steps of the application process. Some cards offer instant approval, whereas others offer instant access once approved. The former option can take minutes, while the latter can take upwards of 60 days!
For this reason, it’s very important to research the best instant approval credit card option for your needs. Whether you’re eager to build credit, make a big purchase, or take advantage of some promotional offer, there’s an ideal card waiting for you!
