Instant Decision Credit Cards

Instant decision credit cards provide a customer with an instant decision on whether they have been accepted or declined, for the card. The decision, for that particular credit card, is provided at the end of the online application process.

Instant Decision Credit Cards

Many customers in the UK when applying for a new 0% credit card, now apply online. These customers, often prefer to know immediately, whether their credit card application has been accepted or declined.

Instant decision credit cards are now much more common than they used to be.

Many of the UK credit card companies and banks have now updated their credit card computer systems. These new systems can now accommodate the growing number of credit card applications being made online.

Instant Decision Credit Cards

Some instant decision credit cards, but not all of them, can now even complete all of the required paperwork online. This makes the application process both easier and faster, for both the customer and also the issuing credit card company.

This process for these quick credit cards, does allow the customer to receive their new instant decision credit card faster. Some slower credit cards require the customer to wait to receive the paperwork from the credit card company, then sign and return that paperwork.  Only then will the customer receive their new credit card.

How Does Credit Card Company Make Instant Decision?

How does a credit card company make their decision with an instant decision credit card?

The credit card companies use a process called credit scoring to help them make a decision online. This credit scoring happens after the customer completes the credit card’s online application form.

To score the application, the card company uses the information supplied by the customer on the application form, as well as the customer’s information held by a credit reference agency. In order to be accepted for that instant decision credit card, you will need to pass that credit card company’s criteria.

All credit card companies score customers differently. However, all of the card companies use mostly the same type of information, when making their decision. This information includes a customer’s address details, employment history, salary and past use of credit.

Instant Decision Credit Card

Many instant decision credit cards now offer a fast online decision. This is often within 60 seconds or less of the customer completing the application form.

Currently not all UK 0% credit cards are available with an instant decision online. Some card companies can not provide an instant online decision late at night, for example.

However, all of the following featured 0% credit cards are instant decision credit cards. These cards can offer the customer an instant online decision at the end of the application process.

0% Credit Card Offers

Balance Transfers:
0% for 28 months
Balance Transfer Fee:
0.99%
Purchases:
0% for 6 months
Representative APR:
19.9% APR (variable)
More Information

Credit Card Details

M&S Transfer Plus Credit Card*
  • 0% for 28 months on balance transfers made within 90 days of account opening
  • 0.99% balance transfer fee, minimum £5
  • 0% on purchases for 6 months from account opening
  • Collect M&S points every time you shop anywhere in the world with your card
  • Preferential rates when you use your card to order M&S Travel Money
  • Manage account online
  • Annual Fee: £0
More Information

Application Criteria

M&S Transfer Plus Credit Card*
  • You are a UK resident
  • You have a UK bank or building society account
  • You are aged 18 or over
  • You have not held a credit card with M&S Bank within previous 12 months
More Information
Representative Example: 19.9% APR representative (variable). Based on an assumed credit limit of £1,200 and a purchase rate of 19.9% p.a. (variable)

0% Credit Card Offers

Balance Transfers:
0% for 12 months
Balance Transfer Fee:
3%
Purchases:
None
Representative APR:
19.9% APR (variable)
More Information

Credit Card Details

Asda Cashback Credit Card*
  • 0% on balance transfers for 12 months
  • 3% balance transfer fee, minimum £3
  • 0% for 6 months on purchases of £200 or more at George.com
  • 1% cashback on your Asda shopping online and instore
  • 1% cashback at Asda Living, Asda petrol stations and George.com
  • 0.2% cashback everywhere else
  • Annual Fee: £0
More Information

Application Criteria

Asda Cashback Credit Card*
  • You have a permanent UK address
  • You have a UK bank or building society account
  • You are able to provide at least one telephone number
  • You have a regular source of income
  • You are aged 18 or over
More Information
Unlimited cashback vouchers - 1% at Asda plus 0.2% everywhere else
Representative Example: 19.9% APR representative (variable). Based on an assumed credit limit of £1,200 and a purchase rate of 19.9% p.a. (variable)

0% Credit Card Offers

Balance Transfers:
0% for 12 months
Balance Transfer Fee:
0%
Purchases:
0% for 12 months
Representative APR:
17.9% APR (variable)
More Information

Credit Card Details

Nationwide Credit Card just for Nationwide members*
  • 0% on balance transfers for 12 months from account opening
  • 0% balance transfer fee within first 3 months, 2.4% fee applies after, minimum £5
  • 0% on purchases for 12 months from account opening
  • Commission free allowance on purchases abroad (subject to terms)
  • Manage account online
  • Annual Fee: £0
More Information

Application Criteria

Nationwide Credit Card just for Nationwide members*
  • Our credit cards are just for members. Youre a member when you have a current account, mortgage or savings account with us
  • You have been living in the UK for the last 12 months
  • You have a gross income each year of more than £5000
  • You have a good credit history
  • You are aged 18 or over
More Information
Representative Example: 17.9% APR representative (variable). Based on an assumed credit limit of £1,200 and a purchase rate of 17.9% p.a. (variable)

0% Credit Card Offers

Balance Transfers:
0% for 20 months
Balance Transfer Fee:
2.9%
Purchases:
0% for 20 months
Representative APR:
19.9% APR (variable)
More Information

Credit Card Details

M&S Shopping Plus Credit Card*
  • 0% for 20 months on balance transfers made within 90 days of account opening
  • 2.9% balance transfer fee, minimum £5
  • 0% on purchases for 20 months from account opening
  • Collect M&S points every time you shop anywhere in the world with your card
  • Preferential rates when you use your card to order M&S Travel Money
  • Manage account online
  • Annual Fee: £0
More Information

Application Criteria

M&S Shopping Plus Credit Card*
  • You are a UK resident
  • You have a UK bank or building society account
  • You are aged 18 or over
  • You have not held a credit card with M&S Bank within previous 12 months
More Information
Representative Example: 19.9% APR representative (variable). Based on an assumed credit limit of £1,200 and a purchase rate of 19.9% p.a. (variable)

Occasionally even with instant decision credit cards, the credit card company maybe unable to make an instant online decision. In these cases, the card company may then refer the application.

With a referred application, a credit analyst will look at the customer’s application in more detail. In order to make a decision, the credit analyst may request more information from the customer.

Quick Credit Card Delivery

Many of the leading UK credit card companies can now offer a quick credit card delivery after a successful online application.

Most UK credit card companies say to allow around 7 or more working days to receive a new 0% credit card. However, very often a customer will receive a quick credit card delivery. Customers can often expect their new card within 3 to 5 days after completing the application process.

The credit card arrival time may however be extended during a bank holiday period, for example. Delivery may also take longer if their are delays within the postal system due to bad weather or industrial action.

Instant decision credit cards are currently available in the UK, using both the MasterCard and Visa payment networks.


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