Yes, there are credit cards for no credit that offer instant approval, if you apply online and clearly meet the approval requirements. But it is also worth noting that no credit card approves applicants instantly 100% of the time.
Some applications always require a closer, longer look. Some people will be instantly rejected, too. That’s likely to be the case for people with bad credit who apply for credit cards for no credit. And with that said, let’s look at some of the best credit cards for people with no credit, which you could get instantly approved for (but may not).
Here are credit cards for no credit that may have instant approval:
Capital One Platinum Credit Card. This card doesn’t offer rewards, but it also has a $0 annual fee. It’s a great card to build credit, and you can get access to a higher credit line if you pay on time for 6 months.
Capital One QuicksilverOne Cash Rewards Credit Card. You get 1.5% cash back on all purchases. But there’s a $39 annual fee.
Capital One Platinum Secured Credit Card. This card doesn’t offer rewards, but it comes with a $0 annual fee. Once approved, your credit line will be equal to your security deposit (minimum of $49, $99 or $200).
OpenSky® Secured Visa® Credit Card. This card doesn’t even run a credit check, so its approval odds are very high. You just need to place a security deposit of at least $200 that will serve as your credit line. There’s a $35 annual fee.
Since you don’t have any credit history yet, your approval is going to hinge more on whether you can afford to make purchases and pay them off. In other words, your income is going to be a large factor, so doing anything you can to boost that will help. You’ll also want to make sure you have all other necessary details in order. For example, you’ll probably need a U.S. mailing address, SSN or ITIN, and U.S. bank account for payments.
While you could get instantly approved for any of these no-credit credit cards, it’s also possible that the issuer could take more time, even up to a month, to make a final decision. Again, no card can guarantee instant approval 100% of the time. If you want to increase your approval chances by having a positive credit history, you could always become an authorized user on someone else’s card and make some purchases with it.