How Long Does It Take to Get a Credit Card? Are you interested in getting a new credit card? You could easily apply for any of the cards you see online. But maybe you want a particular kind of card, like a rewards credit card or a credit card without an annual fee.
In that case, it’s a good idea to do some dip research. Before applying for a card you might be wondering, “How long does it take to get a credit card?”
How Long Does It Take to Get a Credit Card Approved
Getting approved for a credit card can take as little as a minute once you fill out an online application form and hit “submit.” However, it may take a few days, or even a few weeks, to receive an email from a card issuer that says whether your application was approved or not.
Per federal guidelines, credit issuers are required to send you a notice of your approval or denial within 30 days at most.
Fast credit approvals usually take place when your credit application is completely filled out and your credit score and income meets the requirement without any question. On the other hand, card issuers may have to reach out to you if more information or for proof of your income is needed.
How Does the Credit Card Approval Process Work?
The credit card approval process work when the credit card issuer begins to look at several things to decide whether an applicant is approved for a new credit card. Here are some of the things they during the approval process:
- Credit Score: Usually the credit card issuers study at least one to three credit scores to check your credit standing.
- Debt-to-Credit Ratio: This is known as your credit utilization ratio to see how much credit you have used compared to your available credit limit.
- Delinquent Accounts: These appear on your credit report if a history of late payments or too many credit applications in a short amount of time and can cause a decline of your application.
How Fast Can You Get a Credit Card?
If you need a new credit card instantly you can research what you think is the best credit card and which card issuers offer instant credit card approvals. Some credit cards allow you to use them right away once you’re approved, for example, a retail store credit card.
How Do I Check To See If I Have Been Approved?
Technically, these days you will know immediately if you have been approved for a new credit card. If you have to wait longer then it should not take more than a couple of days.
How long does it take to receive your card?
If you’re approved for a new credit card, most companies say that your card will arrive within seven to 10 business days. Once again, this depends on the credit card you applied for and some factors beyond your control, like potential delays with the mail.
The table below shows how long it takes to receive a credit card from major issuers.
|Issuer||New card||Replacement card||Card Services|
|American Express||7–10 business days||3 business days||1-800-297-8500|
|Bank of America||Within 10 business days||7–10 business days||1-800-732-9194|
|Capital One||7–10 business days||7–10 business days||1-800-227-4825|
|Chase||3–5 business days||3–5 business days||1-800-432-3117|
|Citi||7–10 days||5–7 business daysWithin 24 hours for lost/stolen cards||1-866-422-0458|
|Discover||3–5 business days||5–7 business days4-6 business days for lost/stolen cards||1-800-347-3805|
|Wells Fargo||7–10 business days||7–10 business days||1-800-642-4720|
Nowadays, it doesn’t take very long to get a credit card. Consumers can get approved for a card immediately or in a couple of days. At the latest, you’ll receive your credit card in 7 to 10 business days.
Conclusion on How Long Does It Take to Get a Credit Card?
If you’re in a hurry, it’s best to avoid waiting until the last minute to apply for a credit card. Not every card issuer provides fast shipping for new credit cards.
In the worst-case scenario, your credit card issuer may agree to give you a temporary credit card number that you can use while you’re waiting for your card to arrive.