How to Get a Credit Card Online – The 5-C Process

If you are a young adult, you may be unsure about how to get a credit card online. Rest easy! Getting a new credit card has never been easier. Thanks to the internet, the process is simple, effortless and fun. You are just 4 clicks of the mouse away from getting your perfect credit card- click to search, click to compare, click to apply and click to submit.

Using the 5-C process, simply:

Click to search database. Credit cards online are arranged by categories. So, log on to a website and using the links provided on the site, search the database by categories. Depending on your credit, you may be interested in a category that offers low APR, cash-back, Rewards, low annual fee, low cash advance fee, etc. Put some thoughts into making your choice and, if possible, do so before logging on to the website. If you make a good decision here, it will help you in the end pick out the right card.

Click to compare offers. At this point, you have chosen the right category for you. Typically, offers in the same category are arranged side by side on the same web page. So, comparing offers side by side simply involves visual comparison of features in the same category. Good websites provide some review (consumers' and / or Editor's review) to help you arrive at your decision. If you need help, use those reviews and other resources to make your choice.

Choose the right offer for you. What does this mean? Well, you have compared the offers available to you on the website. Now, you need to choose one with features that meet your needs at the lowest cost. If, for example, you expect to sometimes carry a balance on your account, the best offer for you would be one with low interest. This helps keep interest charges and fees on your balance low. If, on the other hand, you expect to pay off your balance each month, interest rate is less important to you since your account will not be subject to interest charge. Instead, you should look for an offer with the lowest annual fee (or no annual fee) and longer grace period amongst other features.

Click to apply online. Now that you have made your choice, simply click on the link- apply now. You will be taken to the card's issuer's official website where you will complete the application process. Granted that no system is foolproof but these websites are reasonably secure. So, you should not be overly concerned about compromising your personal information by completing an application online.

Click to submit your application. After completing the application, review the information you have provided to make sure it is accurate. Finally, hit "submit" button to submit your application. Typically, you will receive a response / approval almost immediately.

It's indeed easy to get a credit card online using the 5-C process. With a few clicks of the mouse, you can search a site's database, compare offers, choose the right offer for you and then apply online- all in a matter of minutes.

Source by Josh Ross

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