Best Way to Submit Credit Card Applications
Keeping all personal details safe
when submitting credit card applications is of the utmost
possible to prevent your identity being stolen as numerous recent news
reports have depicted.
Many people will argue which is the
best and most importantly safest way to transmit your information for
consideration for a credit card whether it is via the internet or by
completing an application in person.
Such a decision will of course vary
from person to person with choices comprising of standard paper based
applications or “cutting out the middle man” and submitting all information
direct only. There are many benefits as there are cons with both options and
it is perhaps more a case of trial and error and which you would feel most
comfortable with when submitting a credit card application.
Paper Based Applications:
- All details are being completed
“in branch” and with all workers adhering to the Data Protection Act, it
is illegal for any information to be passed on (other than for its
- By completing the application
in branch, you can be certain it has been received and processed
- Submitting a credit card
application via this method can take
substantially longer than using an online system because the application
first needs to be completed and then passed to the bank / lender for
Internet Based Applications:
1) Using online systems to submit a credit card application is extremely easy and fast. Once all of the information has been completed
and submitted, an immediate decision is usually received as the systems are
2) Companies with internet based facilities for submitting credit
card applications spend millions every year to ensure that any
information inputted by a customer will not be seen by other internet users.
1) If you don’t have an active internet connection at home then it would
be unwise to use an internet café as this could prove to be very unsafe and
your personal details could be discovered.
2) With computer based systems, there could be glitches with the user
network and may mean that you are unable to submit your application for a
few days. Such issues are rare but any delays could result in you needing to
submit a paper based application or going elsewhere.
Overall, not everyone is going to be
100% happy with either of the above methods but time and waiting are two of
the most important factors which can help you decide which one to use when submitting a credit card application.
Ask yourself these few simple
questions which will help you decide:
- Do I have time to visit
companies and complete application forms?
- Do I require an instant
- Do I have an active internet
- Is the safety of my personal
details paramount to me?
By answering the above questions
honestly, it will give you the better of the two methods of submitting
a credit card application based on your answers.