How long is the process of application in a credit card? This is my first time to apply one.?

Question

I already receive 3 credit investigation. One at my mobile, on our land phone and last in my office.. Does it mean I'm already approved? I'l just wait for the arrival of my credit card?

Answer 1

It depends on the card and the bank issuing it.  Most are totally automated and you'll be approved or declined in seconds.  Others still wait on people to manually check the applications, or your application will be sent to them for review if the computer sees a "red flag" like the social security number coming up under a different name, a bad credit history, or a bunch of applications from the same address.  If someone has to look at it, it can take up to a week to be approved.  Once you're approved, it usually takes 7-10 days to recieve your new card.