A credit card account is as easy (if not easier) to open as a checking or savings account. Applicants can apply online on a bank's website to open a credit card account, and often get an instant decision on whether or not they're approved. But before applying for a card, here's a guide on what you'll need to open a credit card, and how to decide which card to apply for.
Opening a credit card account is as simple as applying for a card by visiting a bank's website. The bank will ask you for some important personal information, including the following:
The bank will verify some of the information you supply, pull your credit report to ensure you meet their underwriting criteria, and then make a decision on whether or not to approve you for a credit card. Above all else, the most important factors are your age (sometimes), income, and credit score.
Source: Fool.com