How to Apply for a Credit Card Online: A Complete Step-by-Step Guide
Credit score is the primary factor in credit card approval. Here's what you need to know about applying for credit cards online:
Credit Score Ranges:
- Excellent: 720-850
- Good: 690-719
- Average: 630-689
- Poor: Below 630
If you have poor credit, consider secured credit cards where you provide a deposit to establish your credit line. These cards help build credit history and are reported to credit bureaus.
Woman using tablet device
Discover it metal credit card
Choosing Between Card Types:
Low Interest vs. Rewards:
- Choose low interest if you carry balances
- Select rewards if you pay in full monthly
- Consider 0% APR cards for balance transfers
Cash Back vs. Travel Rewards:
- Cash back offers flexible redemption
- Travel cards suit frequent travelers
- Cash back comes in three types:
- Flat-rate (same % on all purchases)
- Tiered (higher % in specific categories)
- Rotating categories (changing bonus categories)
Chase Freedom Unlimited credit card
American Express Blue Cash Everyday card
Travel Cards:
- General Travel Cards
- Flexible points redemption
- Can be used with any travel provider
- Usually offer sign-up bonuses
- Co-Branded Cards
- Specific to airlines or hotels
- Offer brand-specific perks
- Best for loyal customers
Chase Sapphire Preferred card
Consider your spending habits and travel preferences when choosing between these options. The best card for you depends on how you plan to use it and what benefits matter most to you.