Instant Decision Credit Cards

Instant decision credit cards are credit cards which offer an instant decision on whether the customer has been accepted, for that particular credit card, at the end of the online application process.

Instant Decision Credit Cards

Many customers in the UK, when applying online for a new 0% credit card, do now prefer to know immediately whether they have been accepted or declined for that particular credit card.

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 and adapted their computer systems to 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 the issuing credit card company.

This process does allow the customer to receive their new instant decision credit card faster than where they have to wait to receive the paperwork from the credit card company, then sign and return that paperwork and only then 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, when the customer completes the online application form.

Credit scoring uses the data supplied by the customer on the application form and also uses information about the customer, which is held by a credit reference agency, to score the customers application. If the customer passes that particular credit card companies criteria, then the customer will be accepted for that instant decision credit card.

All credit card companies score customers differently, but all of the card companies all use mostly the same type of information, such as address details, employment history, salary and past use of credit  when making their decision.

Instant Decision Credit Card

Many instant decision credit cards now offer a fast decision, 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. However, all of the following featured 0% credit cards are instant decision credit cards that do offer the customer an instant online decision at the end of the application process.

0% Credit Card Offers

Balance Transfers:
0% interest for 40 months
Balance Transfer Fee:
2.69%
Purchases:
0% interest for 3 months
Representative APR:
18.9% APR (variable)
More Information

Credit Card Details

Tesco Clubcard Credit Card for Balance Transfers*
  • 0% interest for up to 40 months on balance transfers from account opening
  • 2.69% balance transfer fee
  • 0% interest for 3 months on purchases from account opening
  • Earn Clubcard points wherever you use your card, plus your usual points in Tesco. Terms apply
  • The 0% offer is applied to any balances or money transferred within the first 90 days of opening your account
  • Apply online and get a decision within 60 seconds
  • Annual Fee: £0
More Information

Application Criteria

Tesco Clubcard Credit Card for Balance Transfers*
  • You have an annnual income of at least £5,000
  • You are at least 18 years of age
  • You have a good credit history
  • You live in the UK, or have a British Forces Post Office address
  • You do not currently hold more than 1 Tesco Bank Credit Card
  • You have not applied for a Tesco Bank Credit Card in the last month or have an application currently in progress
More Information
Representative Example: 18.9% APR representative (variable). Based on an assumed credit limit of £1,200 and a purchase rate of 18.9% p.a. (variable)
The APR, length of promotional offer, and credit limit may vary as they are dependent on your personal circumstances

0% Credit Card Offers

Balance Transfers:
0% for up to 29 months
Balance Transfer Fee:
2.5%
Purchases:
0% for up to 29 months
Representative APR:
18.9% APR (variable)
More Information

Credit Card Details

Halifax 29 Month Credit Card*
  • 0% for up to 29 months from account opening on balance transfers within the first 90 days
  • 2.5% balance transfer fee in first 90 days, 3% fee applies after 90 days
  • 0% for up to 29 months from account opening on purchases
  • Cover against online fraud when purchasing on the Internet
  • Manage your card online using Online Banking and Mobile Banking
  • Annual Fee: £0
More Information

Application Criteria

Halifax 29 Month Credit Card*
  • You are a UK resident
  • You have a regular income
  • You do not have any Count Court Judgements against you
  • You are aged 18 or over
More Information
2.5% balance transfer fee in first 90 days, 3% fee after 90 days
Representative Example: 18.9% APR representative (variable). Based on an assumed credit limit of £1,200 and a purchase rate of 18.95% p.a. (variable)
The APR and length of the promotional offer are dependent on your personal circumstances

0% Credit Card Offers

Balance Transfers:
0% for 41 months
Balance Transfer Fee:
3%
Purchases:
0% for 3 Months
Representative APR:
20.9% APR (variable)
More Information

Credit Card Details

Virgin Money 41 Month Balance Transfer Credit Card*
  • 0% on balance transfers for 41 months from date account opened (20.9% APR thereafter)
  • 3% balance transfer fee in first 60 days, 5% fee applies after 60 days
  • 0% on purchases for 3 months from the date your account is opened
  • 0% on money transfers for 41 months from date account opened (20.9% APR thereafter)
  • 3.80% money transfer fee in first 60 days , 5% fee applies after 60 days
  • Contactless payments to quickly and securely pay for purchases up to £30
  • Annual fee for card: None
More Information

Application Criteria

Virgin Money 41 Month Balance Transfer Credit Card*
  • You are a UK resident
  • You have a bank or building society account
  • You have a good credit history
  • You are aged 18 or over
More Information
Representative Example: 20.9% APR representative (variable). Based on an assumed credit limit of £1,200 and a purchase rate of 20.9% p.a. (variable)

0% Credit Card Offers

Balance Transfers:
0% for up to 16 months
Balance Transfer Fee:
2.89%
Purchases:
0% for up to 32 months
Representative APR:
18.9% APR (variable)
More Information

Credit Card Details

AA Dual Credit Card*
  • 0% for up to 16 months on balance transfers when a transfer is made in first 3 months
  • 2.89% balance transfer fee
  • 0% for up to 32 months on purchases from account opening
  • Contactless payments
  • Mobile servicing app
  • Annual Fee: £0
More Information

Application Criteria

AA Dual Credit Card*
  • You are a UK resident
  • You have a bank or building society account
  • You have no outstanding County Court Judgements
  • You have an annual income of £8,000 or more
  • You are aged 18 or over
More Information
Representative Example: 18.9% APR representative (variable). Based on an assumed credit limit of £1,200 and a purchase rate of 18.9% p.a. (variable)
AA Credit Cards are provided by Bank of Ireland UK. AA Finances Services Limited is a credit broker and not a lender

0% Credit Card Offers

Balance Transfers:
0% for up to 40 months
Balance Transfer Fee:
1.69%
Purchases:
0% for 6 months
Representative APR:
18.9% APR (variable)
More Information

Credit Card Details

Halifax 40 Month Credit Card*
  • 0% for up to 40 months from account opening on balance transfers made in first 90 days
  • 1.69% balance transfer fee in first 90 days (after 1.31% refund), 3% fee applies after 90 days
  • 0% for 6 months from account opening on purchases
  • Cover against online fraud when purchasing on the Internet
  • Manage your card online using Online Banking and Mobile Banking
  • Annual Fee: £0
More Information

Application Criteria

Halifax 40 Month Credit Card*
  • You are a UK resident
  • You have a regular income
  • You do not have any Count Court Judgements against you
  • You are aged 18 or over
More Information
1.69% balance transfer fee (after refund) in first 90 days, 3% fee applies after 90 days
Representative Example: 18.9% APR representative (variable). Based on an assumed credit limit of £1,200 and a purchase rate of 18.95% p.a. (variable)
The APR and length of the promotional offer are dependent on your personal circumstances

0% Credit Card Offers

Balance Transfers:
0% for up to 32 months
Balance Transfer Fee:
0.8%
Purchases:
0% for 12 months
Representative APR:
18.9% APR (variable)
More Information

Credit Card Details

Lloyds Platinum 32 Month Credit Card*
  • 0% for up to 32 months from account opening on balance transfers
  • 0.8% fee applies on balance transfers made in first 90 days, 3% fee applies after first 90 days
  • 0% for 12 months from account opening on purchases
  • Lloyds Bank Clicksafe and Internet fraud protection
  • Online servicing with Internet Banking
  • Annual Fee: £0
More Information

Application Criteria

Lloyds Platinum 32 Month Credit Card*
  • You are a UK resident
  • You have had a permanent UK address for 3 years or more
  • You have a good credit rating/history
  • You are aged 18 or over
More Information
0.8% fee applies on balance transfers made in first 90 days, 3% fee applies after first 90 days
Representative Example: 18.9% APR representative (variable). Based on an assumed credit limit of £1,200 and a purchase rate of 18.94% p.a. (variable)
APR and Promotional periods may vary depending on your personal circumstances

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

When this happens, a customer’s application will be looked at in more detail by a credit analyst, who may request more information from the customer, in order to make a decision.

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


Related Content From 0% Credit Card Expert:-

Today on 0% Credit Card Expert there are:-

115 UK 0% credit cards currently avaliable offering:-

  • 0% interest on balance transfers for up to 41 months
  • 0% interest on purchases for up to 32 months