Apply for a credit card online and get an almost instant response with these simple steps.
If you've compared credit cards and found one that suits your needs, you can apply online in around 10 to 20 minutes. In most cases, you'll also get a response within 60 seconds of submitting your application.
Use this guide to learn how you can apply for a credit card online in three simple steps. You can also find tips on how to compare credit cards, what you need to do to start an online credit card application and the details you'll need to provide when you apply.
How to apply for a credit card online
1. Compare credit cards
This is an important step to help you find the right card for you. Start by thinking about what you want the card for and then consider the different features, rates and fees that are available on different cards. You can use different comparison tables to see features of similar cards side-by-side, or click "More info" to read reviews of individual cards. You can also check the eligibility requirements to see if you're likely to be approved for the card.
2. Click through to the credit card online application form
Once you've found the card you want to apply for, click the "Go to Site" button. This will take you to a secure online application, where you can review all the card details before filling out the application form.
Credit card application eligibility requirementsBefore you get started with an online credit card application, make sure you meet the eligibility requirements. These can vary between cards but usually include the following:
- Minimum age. You'll need to be at least 18 to apply for a credit card.
- Residency status. Some cards are only available to citizens and permanent residents of Australia, while others may be available to temporary residents as well.
- Income. Some cards list a minimum income requirement you'll need to meet before you can apply.
- Credit score. You'll generally need a good credit score to get approved for a credit card.
3. Provide your details and submit the application
Once you've confirmed all the card details, you're ready to fill out the online credit card application form by providing a range of personal and financial details. This process usually takes around 10 to 20 minutes. Then, just hit the submit button and you should get a response in 60 seconds.
What details do I need to apply for a credit card?
- Personal details. Details such as your title, name, date of birth, marital status, whether you have any dependent children, your drivers licence or medicare card number (if applicable), your Australian residency status as well as whether you are an existing customer of the bank will be required.
- Contact details and address. Applicants usually need to enter up to two phone contact numbers as well as a valid email address.
- Referee details. Sometimes you'll need to provide the information of a referee. This usually needs to be someone close to you who has known you for a while, and cannot be living with you.
- Income. This is where you enter your regular income from employment. If your monthly income is requested you'll need to divide your annual income by 12. Now, some applications could ask for an annual income, and some may even ask for your income after tax, so read each application carefully and remember to hover your mouse over the information button to get a better sense of exactly what information each field on the application is actually after. You should also check whether before or after-tax income is requested.
- Monthly expenses. Enter your share of the rent or mortgage each month and your share of the monthly living expenses.
- Assets and liabilities. In this section, you'll need to list whether you own any property, the balance of your other accounts, as well as the value of your other assets. The latter of which can include things like cars and computers and almost anything else you own of substantial value. After you've listed all your assets, you'll need to record your liabilities, including the total limit of all your credit cards, the total amount owing as well as whether you have any other loans besides your mortgage.
- Current employment details. Enter your current employment status and your occupation. If you are self-employed, you will likely have to provide your accountant's details.
- Employer's address. This is where you enter the details of your employer. This is asked in your application, as credit issuers need to verify your employment before approving your application. If you have only had you job for a short period of time, your credit issuer may request a letter from your employer to confirm that you are no longer on probation.
Credit card features and information
During the application, you will be asked about different credit card features you can customise or request, such as your credit limit, additional cardholders. Here are the key options to consider:
- Credit limit. This is the maximum amount of funds you'll have available on your card. You can request a credit limit or have the issuer offer you a credit limit. Whatever limit you are approved for will depend on your current financial circumstances.
- Credit limit increase invitation. Credit issuers aren't able to offer you credit limit increase invitations unless you request that they send them to you, and you will need to answer this on your application. If you select "yes" to receiving credit limit increases, you can elect to have them stopped later on.
- Balance transfer. If you want to take advantage of a balance transfer with your new card, you're likely to need to request it when you apply for your new card. You'll need to list the issuers of the current credit cards which you wish to balance transfer. You'll also need to enter their respective card numbers and how much you want to balance transfer from each card.
- Additional cardholders. If you want to share your credit card with a partner or family member, you're usually given the option of including this request on your application. To add a secondary cardholder, you will need to share their details, including their full name, date of birth and any other requested information. Additional cardholders can also be requested after your initial application. Either way, you will still be the one responsible for keeping the account in good standing.
Reviewing your online credit card application form
In the review section, you'll get a summary of all the details you've entered as part of your application. Check that they are all correct as this is the last chance to confirm the accuracy of your application before you submit it. After you click "Submit", the application will be processed and a credit enquiry will be recorded on your credit file. Most online credit card applications then offer you a response within a minute of applying. You may be approved, conditionally approved, declined, or the bank may need more information from you.
If you're ready to get a new credit card, start by comparing a range of options. Once you find one you want to apply for, click through to the application, follow these steps and wait for the response. Or, if you have more questions about the application process, get in touch with us using the comment section below.
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