How Same Day Credit Cards Work & How To Apply

Traditionally, when you apply for a credit card, you need to wait for around ten days or so in order to receive it and start using it. Ten days is certainly not a long period, but it can sometimes feel much longer than it actually is.

How so?

Well, imagine yourself needing money right away and not being able to get it for the following ten days.

The waiting period won’t seem short at all when you are in an emergency and need to get your money as soon as possible.

Well, it’s just the way things are and there is absolutely nothing you can do about it, meaning that you’ll have to make your peace with the waiting period and sit tight. Is that, however, entirely true?

The good news is that it isn’t. There is a catch here and that catch can be quite useful for all of those people who find themselves in an urgent need of money.

Of course, calling it a catch might not be doing it any justice, since it has actually become common practice and there’s nothing weird or unusual about it.

It could sound weird and unusual, though, to those people that aren’t quite used to this option and that haven’t heard of it before. If you are one of those people, don’t worry. Things will become much clearer very soon, once you take some time to learn about this option and understand how it works.

The option I’m talking about is the same day credit card, or a kredittkort pa dagen, as people in Norway would say it.

Norway is certainly not the only country, though, that offers this specific option. I am just using it as an example here. The point is that you should learn about the option offered in Norway if you are based there, just like you should learn about the options in other countries if you are based in those other countries. In any case, the whole principle will be quite similar in every single country, meaning that the most important thing to do is basically learn about the same day credit cards concept in general.

Now that you are familiar with the name of the concept that I am mentioning here, there’s simply one thing left to do. In few words, it is time for you to start getting properly familiar with the actual concept, so that you can understand how it all works and so that you can comprehend how to apply for a same day credit card should you happen to need one.

So, if you continue learning, you will get your answers to those two significant questions, and everything will be much clearer.

How These Cards Work

Technically, getting your credit card the same day you apply is not really possible. After all, some time does need to pass until the card arrives to your address and until you start physically owning it.

If you are now trying to figure out why on Earth I have been talking about the same day card concept if it seems to be impossible, then I can definitely understand your concern. Yet, I need to say that the concern isn’t at all necessary, no matter how valid it might actually seem right now.

Am I confusing you? I suppose that I am, which is why it is time to make everything a bit clearer. My job here is to get you clearly acquainted with this option instead of confusing you, but I had to add some mystery to it all, because you’ll be happier once you hear how things actually work after being confused for some time.

Okay, now it’s time to stop with the mysteries and make things as clear as possible.

So, while you cannot physically get your credit card on the same day, the truth is that you can get the money you need almost instantly and start using it even though the physical product still hasn’t arrived.

In simple words, you can access the money as soon as your application is approved, meaning that there is no reason for you to wait for a long time in order to get the cash that you need when you find yourself in an emergency, or simply when you want to get some cash.

Sounds amazing, doesn’t it?

Well, if it sounds amazing, then that’s because it actually is amazing. How many times have you found yourself in a situation in which you urgently needed some money, but couldn’t find a way to get it? Even if you haven’t been in situations like those too often, the truth is that you can understand the benefits of the option.

That is why there is absolutely no need for me to dwell on explaining those benefits, since you are already perfectly aware of them.

Here’s a guide to these types of cards to help you understand them even better, check it!

How To Apply

If you have understood the value of same day cards and if you’ve decided that they would come in handy sometimes, then you will probably want to learn how to go through the actual applications process. You might want to apply for it right now, or you might simply want to be ready in the future, should you end up needing this option.

I can completely understand your wish to get properly acquainted with this entire process even if you aren’t in need of a same day credit card right now, because you never know when you might need it.

The fact is that these function basically like loans, which is something that you most likely could have guessed by now. If you have any experience with loans, then you probably understand already how the whole application process goes.

Yet, even if you are quite experienced with the procedure, it won’t hurt to go through it once again, so that you can get a reminder on how all of this works and what you should do in order to get approved for a same day credit card. There are some requirements that need to be met and that’s perfectly logical.

Of course, those requirements might be a bit more lenient than when you are, say, getting a loan in order to buy a home, but they still do exist and you still do need to be familiar with them. It goes without saying that it all begins with your credit score that will be thoroughly assessed.

Well, there are some steps you should take before the score starts getting assessed, but the point is that you need to be aware of it in order to actually know in advance whether you will be approved or not.

If you are not quite sure whether your credit score is good enough for you to be approved for this credit card, you shouldn’t be worried and you definitely shouldn’t bang your head against the wall. After all, you will get your answer on the same day, meaning that you won’t have to wait too long for anything.

Let me now go through this process step by step, so that you get a better idea on what it is that you need to do in order to actually get the money that you are after.

Basically, your entire responsibility lies in the fact that you’ll need to file an application. Now, the good news is that you can easily do this online, which is definitely an enormous benefit for most people. There is no need for you to physically visit any financial institutions, since you can apply for a same day credit card with a few clicks on your smart device.

All you need to do is provide the institution with the information they require and click “submit” or a similar button that will allow you to, well, submit the application. Of course, make sure to choose the institution wisely, because the point is for you to get good terms on the credit card.

Once you have taken this important step, there’s absolutely nothing else you should do. The institution that has received your application will spend some time assessing it and then they will let you know whether you’ve been approved or not.

This entire process, including the assessment, doesn’t really last long, which is basically the whole point of same day credit cards – getting your money quickly.