Applying for a credit card

apply for a credit card with bad credit historyCredit cards have become essential in these modern times. The convenience that they offer makes them indispensable. Some of the obvious benefits of having one include the convenience of contact-less payment, freedom to shop and access to timely assistance everywhere you shop worldwide. You also can access cash advance as and when required. Applying for a credit card in the UK is an easy process. To qualify, you need to be a resident of the UK, Isle of Man or Channel Islands, hold an active bank account, be 18 years or more and have an annual pension or income above the figure set by your bank. If you don’t have a bank account, perhaps due to having a bad credit score, then there are also other options available with www.bankaccounts-for-badcredit.com providing a wealth of useful banking information to help make the process of managing your money with a poor credit history easier.

Most banks offer three modes of application. You can apply online, by phone or present your application material in person at any of your chosen bank’s branches. For you to make a successful online application, you may need to be registered for your bank’s online banking service. Registered customers can make an easy credit card application that in most instances comprise of a few easy steps. Banks are required by the Financial Services Authority to keep their customers records safely and in confidence. This means that all online applications are encrypted.

Customers who wish to make their credit card applications via phone can call their respective branches and talk to the appropriate bank officers. For physical application in the branch, a customer will need to call and book an appointment. Such customers need to carry with them, identification documents as well as proof of residence and recent statements of their bank accounts. All modes of application only take a few minutes to complete.

Most banks will let you know within a reasonable period, if you have qualified or not. All successful applicants normally get their cards and personal identification numbers (PIN) within 7 to 10 days of making the application.

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