Why is a credit card never approved instantly online?

Credit Cards are a great help in today’s world. It matches the fast-paced lifestyle and provides you with instant cash on the go without any hassle.

A credit card is issued by banks and other monetary institutions that allows the holder to borrow money. The amount of money is pre-approved on the cards and is determined by the eligibility criteria of the holder.

However, you might apply credit card online and won’t get instant approval. There are some rules and formalities that should be followed before you apply credit card online. Let us dive into more details about instant approval and its norms.

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