Instant Approval Cashback Rewards Cards

Earning cash back on your credit card spending is one of the easiest ways to get a little extra money in your pocket. But who wants to wait weeks for a new card to arrive? Instant approval cards let you start earning rewards right away.

In this comprehensive guide, we’ll highlight the top instant approval credit cards offering cash back bonuses and rewards. We’ll look at the benefits of instant issue cards, factors that help improve approval odds, and tips for maximizing rewards. Read on to find the right card for your wallet and start earning cashback within minutes of applying.

What are Instant Approval Credit Cards?

Instant approval credit cards use streamlined application technology to provide real-time application decisions. Within 60 seconds, you will know if you are approved without having to wait for weeks of processing.

If approved, you can immediately use your new account by adding it to digital wallets like Apple Pay and Google Pay. A physical card will still arrive in the mail 7-10 days later for use at brick and mortar stores. But you don’t have to wait to start making purchases and earning rewards.

Instant approval helps you take advantage of sign-up bonuses, 0% intro APR offers, and cash back rewards right away. Below we’ll explore the top instant issuance cards for earning cashback.

Top Instant Approval Cashback Credit Cards

Here are some of the best instant approval credit cards for cash back bonuses:

Wells Fargo Active Cash Card

• $200 cash rewards bonus after spending $1,000 in first 3 months
• Unlimited 2% cash rewards on purchases
• 0% intro APR for 15 months (16.99-26.99% variable APR after that)
• No annual fee

Chase Freedom Unlimited®

• $200 cash back bonus after spending $500 in first 3 months
• 5% cashback on travel purchased through Chase Ultimate Rewards
• 3% cash back on dining, drugstores, and gas
• 1.5% cash back on all other purchases
• 0% intro APR for 15 months (16.49-25.24% variable APR after that)
• No annual fee

Citi® Double Cash Card

• $200 cash back bonus after spending $1,500 in first 6 months
• Unlimited 2% cash back – 1% when you make a purchase and 1% when you pay it off
• 0% intro APR for 18 months (15.99-25.99% variable APR after that)
• No annual fee

Capital One Quicksilver Cash Rewards

• $200 cash bonus after spending $500 in first 3 months
• Unlimited 1.5% cash back on all purchases
• 0% intro APR for 15 months (16.99-26.99% variable APR after that)
• No annual fee

Benefits of Instant Issue Credit Cards

There are some key advantages to instant approval cards beyond just the quick access to rewards and introductory offers:

Start earning immediately – You can start working toward minimum spend bonuses and earning cash back right after approval. No need to wait for your card to arrive.

Use anywhere with digital wallets – Instant cards can be added to Apple Pay, Google Pay, etc, so you can use the card in stores with contactless payment terminals.

Quick access to credit – After approval you have an open credit line to use instantly for both planned and unexpected expenses.

Convenient application process – Approval often takes less than one minute. No need to come back later to check application status.

Visa, Mastercard, Amex availability – Major issuers all offer instant card options, so you can find the right rewards programs and perks.

Allows splitting large purchases – Rather than pay 100% upfront on a big purchase, you can split costs across multiple cards with instant access to new credit.

Great for traveling – Digital wallets mean you can use your new card anywhere in the world. No need to wait for it to arrive by mail first.

Improving Your Instant Approval Odds

Instant approval relies on automated application decisions which helps accelerate the process but also means less flexibility. Here are some tips to get approved quickly:

• Maintain a credit score over 670 – Higher scores improve your approval chances
• Lower credit utilization below 30% – Keep balances low relative to limits
• Avoid applying for multiple cards at once – Spread out applications over several months
• Have income higher than minimum requirements – Most cards require at least $15,000
• Double check for errors on your credit report – Mistakes can impact your score and approval odds
• Apply for a card that matches your credit profile – Opt for less premium cards if you have average credit
• Bank with the card issuer – Existing relationships can help improve approval
• Consider being an authorized user on someone else’s account – Can demonstrate responsible usage even if you don’t have many of your own accounts

How to Maximize Cashback with an Instant Approval Card

Once approved, be sure to make the most of your new card’s earning potential with these tips:

Spend up to minimum bonus requirements – Most offers require $500-$1,500 in spending within 3-6 months of account opening.

Use for everyday purchases – Groceries, gas, dining, utilities, and bills can all earn cash back rewards with routine use.

Take advantage of bonus categories – Some cards offer higher rewards on gas, groceries, or other common purchases.

Research referral bonuses – Some issuers give cash rewards to both you and a friend you refer after account opening.

Use online shopping portals – Shopping through cashback sites like Rakuten boosts rewards beyond just credit card earnings.

Setup automatic payments – This ensures you never miss out on rewards by paying late or forgetting your bill.

Pay your bill in full – Carrying a balance leaves rewards canceled out by interest charges. Always pay on time and in full.

Redeem cash rewards – Don’t let rewards accumulate indefinitely. Redeem for statement credits or bank deposits periodically.

Use with digital wallets – Apple Pay, Google Pay and others make it even more convenient to earn with your instant card.

The Bottom Line

Instant approval credit cards offer a quick and convenient way to access rewards, intro bonuses, balance transfers, and other benefits immediately. Within a minute you can be approved for robust cash back earning opportunities.

Just be sure to maintain responsible credit card habits by paying on time, keeping utilization low, and avoiding unnecessary debt. With the right strategy, instant issue cards provide a fast-track to maximizing your spending power through cashback rewards on all your daily purchases.