Have you ever wondered how many days does it take to get a credit card? The answer is not as straightforward as you might think. The process involves several steps, each with its own timeline.
Typical timeframe for credit card approval
Typically, once you’ve filled out the application form with all the necessary details, the bank will take anywhere from a few minutes to a couple of weeks to approve your application. This depends on the bank’s internal processes and the completeness and accuracy of the information provided.
Once approved, the bank will then proceed to issue the credit card. This involves creating the physical card, encoding it with your information, and then mailing it to you. This process can take anywhere from a few days to a couple of weeks.
Factors that influence credit card delivery time
Several factors can influence the time it takes for your credit card to reach you, including:
- Bank’s internal processes: Each bank has its own set of processes for approving and issuing credit cards. Some banks may be able to expedite the process, while others may take longer.
- Accuracy of information: If there are any discrepancies in the information provided, the bank may need to verify the information, which can delay the process.
- Credit history: Banks will check your credit history as part of the approval process. If there are any issues, it could delay the approval.
- Type of card: Some types of cards, like instant approval cards, can be approved and issued faster than others.
- Postal services: The speed of postal services can also affect how quickly you receive your card.
- Public holidays and weekends: These can delay the delivery of your card.
- Location: If you live in a remote area, it may take longer for the card to reach you.
- Card production: Sometimes, the production of the card itself can take time, especially if it’s a special kind of card with additional features.
- Banking regulations: Sometimes, changes in banking regulations can cause delays.
- Unforeseen circ*mstances: Things like natural disasters can also cause delays.
What to do if your credit card is delayed
If your credit card is delayed, the first step is to contact your bank. They should be able to provide you with an update on the status of your card. If the card has been lost in the mail, the bank can cancel the lost card and issue a new one.
It’s also important to keep track of the time that has passed since your approval. If it’s been several weeks and you still haven’t received your card, it might be worth considering applying for a card from a different bank.
A card that’s well known for quick approval and issuance process, making them a great choice if you’re in a hurry, is the Bajaj Finserv RBL Bank Credit Card.
Bajaj Finserv RBL Bank Credit Card benefits
- Convert purchases exceeding Rs. 2,500 into easy-to-manage EMIs
- Withdraw cash from any ATM nationwide without paying interest for up to 50 days
- Have your annual fee waived off when you meet the minimum spending requirements per your card variant
- Get your fuel surcharge waived off at any station across India for up to Rs. 1,200 annually
- Relax comfortably before your flight with complimentary airport lounge access
- Treat yourself with discounts and ‘1+1’ offers on movie tickets via BookMyShow
- Earn redeemable reward points on almost every transaction
- Earn cashback on groceries, transport, and fuel purchases
- Avail discounts on dining and travel bookings
While the time it takes to get a credit card may vary, choosing a Bajaj Finserv RBL Bank Credit Card can make the process quicker and smoother. Plus, with all the benefits that these cards offer, they’re definitely a must-have. So, don’t wait. Apply today!
