Top 4 Instant Approval Credit Cards and How to Apply

Discover how to get instant approval credit cards from leading banks with quick online applications. Learn about top card options like UBS Virtual, MultiCredit Swiss, Revolut, and Swiss Bankers' Life Digital. Find out the simple steps to apply, the required documents, and delivery times to access credit instantly and conveniently.

Obtaining a credit card used to be a lengthy and paperwork-heavy process, often requiring numerous bank visits. Today, many financial institutions, including banks and credit unions, have simplified this by offering instant approval credit cards that can be approved within minutes. These cards typically cost between CHF 0 and CHF 100, varying by bank, location, and current promotions. They provide quick access to credit and are convenient for those needing immediate financial support.

Leading instant approval credit cards

With several options available from reputable banks, it’s essential to research and pick a card from a trusted provider. Here are some of the top instant approval credit cards:

• UBS Virtual Credit Card – UBS, a prominent bank, offers a free virtual card available instantly for account holders. You can request it via their e-banking portal under the 'Additional Cards' section or through their mobile app under 'Products' and 'Cards'.
• MultiCredit Swiss Credit Card – Perfect for those seeking higher credit limits, this card offers CHF 3,000 to CHF 40,000 in credit. The application process is quick, conducted online, with a guaranteed card delivery within 24 hours for added convenience.
• Revolut Virtual Card – A popular neobank, Revolut provides a virtual card immediately upon approval, suitable for online and in-store payments. It can be linked to mobile payment platforms but is not protected by Swiss depositor guarantees.
• Life Digital by Swiss Bankers – This provider offers an instant virtual prepaid card at CHF 2.90/month, available directly on your phone. A physical card can be ordered separately for CHF 45, but the digital version supports environmentally friendly practices, with no transaction fees.

How to apply for a credit card

To apply, fill out a form online or in person, submitting necessary identification like a passport, ID card, or residence permit. Additional information may include:

• Name, birth date, civil status
• Address and contact details
• Nationality and employment info
• Income details

Applicants might also need to provide past addresses, employment history, financial assets, details about dependents, housing costs, bank account details, credit limits, and current credit card holdings. These details help lenders assess creditworthiness. After submitting all documentation, sign the agreements at your bank. The credit card typically arrives within two weeks.