We’ve compiled a list of Instant Approval Credit Cards in NZ to help you choose the best Instant Approval credit card to suit your needs. Get a decision on your credit card application within a 60 seconds when you apply for an instant approval credit card listed below.
Updated: 14 Feb, 2025
Best Instant Approval Credit Cards
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 The American Express Airpoints Credit Card Platinum Award | Interest Free (0% P.A.) on purchases for the first 6 months, plus NO ANNUAL FEE and earn 1 Air New Zealand Airpoints Dollar for every $100 you spend. CURRENT OFFER: 50 bonus Airpoints Dollars™ when you apply, are approved and spend $750 on your new Card within the first 3 months. New Card Members only. Reward Points Cash Equivalent : $100 spend earns $1.00 cash equivalent^. | 0% p.a. for 6 months then 22.95% p.a. | N/A | 22.95% p.a. | $0.00 | 55 days
More Info » Apply Now » No documents required to apply1 |
 The American Express Airpoints Platinum Card Platinum Award | The FASTEST Airpoints DollarTM earning Platinum Credit Card in NZ. Every $70 you spend earns you 1 Airpoints Dollar. This cards also comes with:
Reward Points Cash Equivalent : $100 spend earns $1.42 cash equivalent^. | 22.95% p.a. | N/A | 22.95% p.a. | $195.00 | 55 days
More Info » Apply Now » No documents required to apply1 |
 Co-operative Bank Fair Rate Credit Card Gold Award | The Fair Rate Credit Card has a very low purchase rate of 12.95% p.a. plus a balance transfer rate of 0% p.a. for 6 month. This might be a good card if you are looking for a credit card with a low interest rate and/or a card with a 0% p.a. balance transfer offer. | 12.95% p.a. | 0% p.a. for 6 months | 12.95% p.a. | $20.00 | 55 days
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 The American Express Gold Rewards Credit Card Platinum Award | Amex's FASTEST earn rate credit card in NZ. Get 2 points per $1 spent with this award-winning Membership Rewards programme. CURRENT OFFER: Get $200 back* (Statement Credit). *Apply online, be approved and spend $1,500 on your new Card within the first 3 months. New Card Members only. T&Cs apply. Reward Points Cash Equivalent : $100 spend earns $1.25 cash equivalent^. | 22.95% p.a. | N/A | 22.95% p.a. | $200.00 | 55 days
More Info » Apply Now » No documents required to apply1 |
^ To help you compare reward points across different credit cards and rewards programs, we provide an estimate of the cash-equivalent of the reward points that you will get back for every $100 you spend on eligible purchases with your card. The cash equivalent value given is an estimate only based on a specific redemption example. In some cases you might earn less or more depending on how you redeem your ponts and some reward points cannot be redeemed for cash directly. Click on the card to find out how the estimate was calculated.
What is an Instant Approval Credit Card?
An Instant Approval Credit Card refers to credit cards that provide applicants with an instant decision on their application, usually within 60 seconds of the application submission.
How do Instant Approval Credit Cards work?
Instant approval credit cards leverage an automated system to quickly assess your creditworthiness. When you apply, the issuer performs a quick credit check and evaluates your financial information. If you meet the eligibility criteria, you receive an approval decision almost immediately. The initial decision provided is usually conditional assuming everything checks out.
Common Misconceptions about Instant Approval Credit Cards
- Guaranteed Approval: Instant approval does not mean guaranteed approval. You still need to meet the issuer’s criteria.
- High Fees and Interest Rates: Not all instant approval cards come with high fees or interest rates. Many offer competitive terms.
How to Apply for an Instant Approval Credit Card
Eligibility Criteria
Before applying for an instant approval credit card, it’s important to check that you are eligibile to get the credit card to avoid a unneccesary credit check on your account. Common criteria include:
- Minimum age requirement (usually 18 years or older)
- Minimum income threshold as set by the card provider
- Residency status
- Credit score requirements (threshold is not usually revealed)
Application Process
The application process for an instant approval credit card is usually straightforward and can often be completed online. Here are the steps you should follow:
Documents Required
When applying for an instant approval credit card, you will need to provide certain documents to verify your identity, financial situation and residency. Commonly required documents include:
- Proof of identity (example: passport, driver’s licence, 18+ card)
- Proof of income (example payslips, tax returns)
- Proof of residency (example utility bills, bank statements, rental agreement)
Having these documents ready can speed up the application process and improve your chances of getting instant approval.
Pros of Instant Approval Credit Cards
Quick Access to Credit
One of the main benefits of instant approval credit cards is that they allow eligible applicants to gain rapid access to credit, usually much faster than traditional credit card applications. This can be beneficial during emergency situations when you need access to a credit card quickly.
Convenience
The application process is typically straightforward and can be completed online.
Immediate Feedback
You get an almost instant response which can save you from waiting and guessing.
Cons of Instant Approval Credit Cards
Conditional Approval
Instant approval often means conditional approval and the credit card issuer may still need to conduct a further assessment of your personal and financial situation, which could result in a denial.
Higher Interest Rates
Instant approval credit cards can come with higher interest rates compared to traditional credit cards which makes them more expensive if you carry a balance.
Limited Options
Not all credit card issuers offer instant approval, which can limit your choices.
Things to Consider
- Impact on Credit Score: Applying for an instant approval credit card usually involves a hard inquiry, which can temporarily affect your credit score.
- Read the Fine Print: Always read the terms and conditions carefully to understand any fees, interest rates, and other important details.
Tips for Improving Your Chances of getting Instant Approval
Maintaining Good Credit Score
To improve your chances of getting an instant approval credit card, it’s important to maintain a good credit score. Here are some tips to maintain a good credit score:
- Regularly check your credit score for errors and dispute any inaccuracies.
- Keep your credit utilisation ratio low by not maxing out your credit cards.
- Pay off your debts on time to avoid late payment marks on your credit report.
Avoiding Hard Inquiries on Your Credit Report
Hard inquiries (checks) on your credit score can negatively impact your credit score, which in turn affects your chances of instant approval. To avoid hard inquiries:
- Limit the number of credit applications you submit within a short period.
- Opt for pre-qualification offers that only require a soft inquiry.
Timely Bill Payments
Paying your bills on time is good for maintaining a good credit score. You can do this by setting up automatic payments for your bills and credit cards. Use payment reminders to keep track of due dates.
Frequently Asked Questions
What is an instant approval credit card?
An instant approval credit card is a type of credit card that provides an immediate decision on your application, usually within minutes. This quick response is often conditional, pending a more thorough review of your financial situation.
Does instant approval mean I can use my credit card immediately?
Not necessarily. Instant approval means you get a quick decision, but it doesn’t always mean you can use the card immediately. Some issuers may offer instant access to a temporary card number, while others may require you to wait for the physical card.
What are the eligibility criteria for instant approval credit cards?
Eligibility criteria vary by issuer but generally include factors like a good credit score, stable income, and minimal existing debt. Some issuers may also have specific requirements related to your employment status and residency.
How can I improve my chances of getting an instant approval credit card?
To improve your chances, maintain a good credit score, pay your bills on time, avoid hard inquiries, and keep your credit utilisation low.
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