Fast Approval Credit Cards – the solution if you need money now

Information verified correct on December 6th, 2016

Fast approval credit cards can provide a response within 60 seconds after completing the application. Save time and find out whether you're eligible for a credit card with this guide.

Fast approval credit cards come with all kinds of benefits for you to choose between, but you need to have a stellar credit rating in order to qualify. Your financial habits and history will play a big role in the type of card you are approved for, if at all.

Click here for a comparison of instant and fast approval credit cards

St.George Vertigo Visa

Fast Approval Credit Card Offer

The St.George Vertigo credit card will give you a response within 60 seconds letting you know if your credit card application was successful or not. The St.George Vertigo credit card offers a low interest rate and balance transfer offer.

  • $55 p.a. annual fee
  • 1% p.a. for 12 months (reverts to 13.24% p.a.) on purchases
  • 0% p.a. for 18 months on balance transfers
  • Cash Advance Rate of 21.49% p.a.
  • Up to 55 days interest free

Understand the influence of your credit rating

This all sounds good but there is something you should be aware of. If you apply for a credit card and it is refused this is not too much of a problem, but if you apply for several and they are all rejected this will be reflected on your credit score. So if you are considering applying for a fast approval credit card it would pay to check that you have an excellent credit rating, or at least a good one. Even with a good credit rating, should you get reject the first time it would pay to give serious consideration before applying again within say 6 months.

Rewards programs

There are many different reward programs on offer, so give consideration to your lifestyle. Firstly, look at what variety of rewards are on offer, secondly the value of them and the type of reward that you could benefit from. The third thing to consider is what are the reward points being paid on? For example, say you shop mostly for the family on your credit card, you would probably choose a program with one of the large food or clothing chains, whereas if you are on the road a lot for work you would possibly choose one more related to gas, car repairs and accommodation.

You want to be able to clock up your rewards for your card use and you also want to get the benefits for something that you will use.

Compare australian rewards credit card here

How can I get a fast approval credit card?

The approval may be fast, but you should take some time exploring your options, understanding your credit rating and making comparisons before submitting an application for a fast approval credit card.

  • Consider your credit rating. Your credit rating plays a big role in being approved for these types of cards, and you should know what it is before applying. If your credit rating is not excellent, your application will be rejected, which shows up on your credit history. Multiple rejections on a credit history will count against your credit rating and ability to be approved for other credit products.
  • Familiarise yourself with the eligibility requirements. Go through the requirements carefully, and make sure that you are able to meet all of them before proceeding with your application. Some of these cards may even have income requirements that you need to be aware of before applying. If you don’t meet these, your application will be rejected, counting against your credit rating.
  • Have the required documents ready. Proof of income, such as your paystubs, will be needed as well as information regarding your other credit accounts. You will also have to supply documents to prove your identity. Make sure to have all documentation readily available to submit in order to show your eligibility for the fast approval credit card.

Credit cards with fast approval to include in your comparison

Rates last updated December 6th, 2016
Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee
NAB Low Rate Credit Card
Enjoy a low interest rate of 0% p.a. on purchases and balance transfers for 15 months, combined with a competitive annual fee of $59.
0% p.a. for 15 months (reverts to 13.99% p.a.) 0% p.a. for 15 months with a one off 3% balance transfer fee $59 p.a. Go to site More info
ANZ Platinum Credit Card - Exclusive Offer
Receive a low introductory offer of 0% p.a. on purchases for 3 months and 0% p.a. on balance transfers for 12 months. Also, enjoy an annual fee waiver in the first year.
0% p.a. for 3 months (reverts to 19.74% p.a.) 0% p.a. for 12 months $0 p.a. annual fee for the first year ($87 p.a. thereafter) Go to site More info
Virgin Australia Velocity Flyer Card - Balance Transfer Offer
Earn bonus Velocity Points in the first 3 months. 0% p.a. for 18 months on balance transfers.
20.74% p.a. 0% p.a. for 18 months $64 p.a. annual fee for the first year ($129 p.a. thereafter) Go to site More info
NAB Low Fee Card
Enjoy a low introductory rate of 0% p.a. on balance transfers and purchases for 15 months.
0% p.a. for 15 months (reverts to 19.74% p.a.) 0% p.a. for 15 months with a one off 3% balance transfer fee $30 p.a. Go to site More info
St.George Vertigo Visa
Introductory offer of 0% p.a. for 18 months on balance transfers and 1% p.a. for 12 months on purchases, plus a low annual fee.
1% p.a. for 12 months (reverts to 13.24% p.a.) 0% p.a. for 18 months $55 p.a. Go to site More info
HSBC Platinum Qantas Credit Card
Receive 60,000 bonus Qantas Points on eligible spend within 3 months. Enjoy access to premium benefits and complimentary insurance.
19.99% p.a. $199 p.a. Go to site More info
American Express Qantas Discovery Card
Enjoy up to 7,500 bonus Qantas Frequent Flyer Points and 1 point per $1 spent, plus 0% p.a. on balance transfers for 12 months, all for a $0 annual fee.
20.74% p.a. 0% p.a. for 12 months with 1% balance transfer fee $0 p.a. Go to site More info
ANZ First Visa Credit Card
Enjoy 0% p.a. balance transfer rate for the first 18 months, a low annual fee, interest-free days on purchases and a low minimum credit limit.
19.74% p.a. 0% p.a. for 18 months with 3% balance transfer fee $30 p.a. Go to site More info
NAB Qantas Rewards Premium Card - Exclusive Offer
Get 75,000 bonus Qantas Points plus enjoy a low promotional offer of 4.99% p.a. for 6 months on balance transfers.
19.99% p.a. 4.99% p.a. for 6 months $250 p.a. Go to site More info
St.George Vertigo Platinum
A platinum card with a balance transfer offer of 0% p.a. for 18 months and an introductory purchase offer of 1% p.a. for 12 months with an annual fee waiver for the first year.
1% p.a. for 12 months (reverts to 12.74% p.a.) 0% p.a. for 18 months $99 p.a. Go to site More info
ANZ Low Rate
$100 Back plus 0% p.a. for the first 6 months on purchases from approval.
0% p.a. for 6 months (reverts to 13.49% p.a.) $58 p.a. Go to site More info
St.George Amplify Platinum
This card features a 30,000 bonus points offer, introductory interest rates on balance transfers and purchases and an annual fee waiver for the first year.
1% p.a. for 12 months (reverts to 19.49% p.a.) 0% p.a. for 18 months $0 p.a. annual fee for the first year ($99 p.a. thereafter) Go to site More info
Virgin No Annual Fee Credit Card
No annual fee for the life of the card with $100 cashback and a 0% p.a. offer on balance transfers for 18 months. Spend criteria applies for cashback offer.
18.99% p.a. 0% p.a. for 18 months with 2% balance transfer fee $0 p.a. Go to site More info
Virgin Australia Velocity Flyer Card - 0% Interest Offer
Receive 0% p.a. for 12 months on purchases, 0% p.a. for 6 months balance transfers and an exclusive $129 Virgin Australia Gift Voucher every year.
0% p.a. for 12 months (reverts to 20.74% p.a.) 0% p.a. for 6 months $129 p.a. Go to site More info
ANZ Rewards Travel Adventures card
Pay no overseas transaction fee on purchases and receive complimentary domestic return flight and lounge passes each year you hold the card when you spend $500 on eligible purchases within the first three months.
20.24% p.a. $225 p.a. Go to site More info
ANZ Platinum Credit Card
Enjoy platinum card benefits with $0 annual fee in the first year and complimentary overseas travel and medical insurance.
19.74% p.a. 0% p.a. for 18 months with 3% balance transfer fee $0 p.a. annual fee for the first year ($87 p.a. thereafter) Go to site More info
NAB Velocity Rewards Premium Card
0% p.a. on purchases and balance transfers for 15 months and 25,000 bonus Velocity Points when you make an everyday purchase in the first 90 days of opening your account. You gain both Visa and American Express cards which are linked to one single account and annual fee.
0% p.a. for 15 months (reverts to 19.99% p.a.) 0% p.a. for 15 months with a one off 3% balance transfer fee $150 p.a. Go to site More info
NAB Qantas Rewards Premium Card
Get 25,000 bonus Qantas Points plus enjoy a low promotional offer of 0% p.a. for 15 months on purchases and balance transfers.
0% p.a. for 15 months (reverts to 19.99% p.a.) 0% p.a. for 15 months with a one-off 3%% balance transfer fee $250 p.a. Go to site More info
Coles Low Rate MasterCard
A low rate MasterCard with a competitive rate on purchases and a low annual fee.
12.99% p.a. 0% p.a. for 6 months $49 p.a. Go to site More info

What else should I consider?

  • Is there a rewards program. Credit card rewards programs offer you ways to earn by your spending habits. If you travel frequently or do a large part of your purchasing using a credit card, these programs could be very valuable to you. Just ensure that the one you choose offers rewards that you could make good use of.
  • What are the details of the promotional offer? You could find fast approval credit cards that are running current promotions, such as low interest balance transfer offers or no fees for a limited time. Credit card promotions can provide good ways to save money, or even help you to consolidate and reduce your current debt.
  • What are the rates and fees? Annual fees and the rate of interest should play a big role in the type of fast approval credit card you choose, but also look at details such as fees for withdrawals from an ATM, overseas purchase fees and changes in interest rates for purchases and withdrawals.

With fast approval credit cards you can know in as little as 60 seconds whether you’ll have the benefit of making your purchases on credit. With a large number to choose from, you’ll have no trouble in finding one that matches your spending needs.

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Frequently asked questions

How are banks able to give approval so quickly?

When you apply for a fast approval credit card, the information you submit is sent automatically to the national credit bureau. With fast calculations they are able to determine if you qualify and in most cases send your response in one minute.

How do I know if I am eligible?

Eligibility requirements to check for include your age, residency, income and credit rating.

Will I improve my chances of getting a fast approval credit card if I apply for multiple cards at the same time?

No, that could hurt your credit rating. You are better off to choose carefully one that you feel confident that you qualify for before applying.

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14 Responses to Fast Approval Credit Cards – the solution if you need money now

  1. Default Gravatar
    monsur | August 7, 2016

    I have no bank account..are you give me a card?

    • Staff
      Anndy | August 7, 2016

      Hi Monsur,

      Thanks for your comment.

      Even if you don’t have a bank account, you can still apply for any of the credit cards listed above as long as you meet the eligibility criteria for each card. Some of the cards may also have income requirements that you need to know before applying. If you don’t meet the requirements and get rejected, it will reflect badly on you credit rating.

      To check the eligibility criteria for each credit card, simply click on its name so you’ll be redirected to its review page where the requirements are listed.

      Cheers,
      Anndy

  2. Default Gravatar
    Tiffany | February 9, 2015

    Will I get my credit card number asap

    • Default Gravatar
      ejay | February 24, 2016

      Hi I’m emily how long until i can assess my money

    • Staff
      Sally | February 24, 2016

      Hello,

      If you’re approved for the credit card, you can generally expect to receive your credit card within a week or so. Once you’ve received and activated the card, you can start using it.

      I hope this has helped.

      Cheers,

      Sally

    • Default Gravatar
      ejay | April 15, 2016

      Can i access my money now?

    • Staff
      Anndy | April 15, 2016

      Hi Ejay,

      Thank you for your question.

      If your application is approved, you will have to wait for 1-2 weeks to receive your credit card. Once you’ve received and activated the card, you can start using it.

      I hope this answers your question.

      Cheers,
      Anndy

    • Staff
      Jonathan | February 10, 2015

      Hi Tiffany, thanks for your inquiry!

      Generally after the application process the card is mailed to your address, activation after receiving the card can take place online, in branch or over the phone. This generally can take up to 5 – 10 business days.

      Cheers,

      Jonathan

  3. Default Gravatar
    Rahul | December 6, 2014

    will give me credit card

    • Staff
      Elizabeth | December 8, 2014

      Hi Rahul,

      Thanks for your question.

      You’ll need to check the eligibility criteria of the credit cards you’re interested in to see if you will be able to apply. This criteria is listed on our review pages, which you can access by clicking on the name of the credit cards in any comparison table or by clicking ‘more’.

      I hope this has helped.

      Thanks,

      Elizabeth

  4. Default Gravatar
    alex | July 10, 2014

    Can I get a credit card for 5000 a year

    • Staff
      Shirley | July 11, 2014

      Hi Alex,

      Thanks for your question.

      You can compare low credit limit credit cards on this page. Please remember to read the eligibility criteria before you apply.

      Cheers,
      Shirley

  5. Default Gravatar
    novalyn | January 23, 2014

    What are the requirements

    • Staff
      Shirley | January 24, 2014

      Hi Novalyn,

      Thanks for your comment.

      Please compare the relevant credit cards first, at the bottom of every review on creditcardfinder.com.au you’ll see an ‘eligibility requirements’ tab where you check if you meet the criteria.

      Cheers,
      Shirley

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