man sitting on sofa while using laptop to apply for a credit card

How To Apply For A Credit Card Online

Today, we’ll be discussing how you can apply for a credit card online. Now first things first, it’s essential that you fully understand the range of credit cards, and you are comfortable with their benefits, features, and potentially high costs before you decide to apply. After that, make sure you meet the eligibility criteria, and you’ve understood the charges. 

Before you start your online application for credit cards or other financial products, make sure you have enough time to complete the whole form. You’ll be happy to know the process doesn’t take too long. At most, you’ll need between 5 and 15 minutes to complete your application, and you’ll see whether you’ve been accepted or not within 1 to 5 days. 

Apart from time, you should also check if you have a stable internet connection and enough battery left on your device before you get on with it. There’s nothing worse than being cut off halfway through. So, all checked? Great, you’re all set to go. 

In the first part of the application, you will have to confirm some basic information like your name, date of birth, where you’re from and where you live. As such, keep at hand your address and also the proof of your address(like electricity bill, or phone bill etc). 

You will be asked for detail on your monthly earnings or salary. The bank or credit card provider will also ask for more information about your employer or details of your owned business.

After you share these details with the bank or the provider – they will undertake a full credit search to see whether you have the financial background for them to issue you a credit card. However, there are some cases where they might need to ask you for some additional data. 

If you’re accepted, they will then take you through all the vital data, including the credit card agreement. Once that’s done, you’ll have a card out in the post between 5 to 7 working days. So there’s not too long to wait.

In a nutshell, to apply for a credit card or financial product online, you will need

  1. Your personal details and identity proof (driving license/passport or other government-issued ID)
  2. Your address details and proof of address (utility bill or bank statement that clearly shows your address)
  3. Details of your income (salary slip and/or tax return form)
  4. Details of your employer or your owned business

Do check out our credit cards listings page to find the best credit cards in Philippines that meet your needs!

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