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Are there guaranteed approval credit cards with no deposit?

If you’ve encountered offers for guaranteed approval credit cards with no deposit and thought it was hype, your instincts were right. No credit card guarantees all applicants will be approved. However, we’ve identified five credit cards that have minimal requirements for approval.

What is a credit card that does not require a deposit?

A credit card that does not require a deposit is unsecured. Many unsecured cards are available, but not all provide instant approval. Instant approval means the issuer will give an immediate decision and, if favorable, will mail the card soon after approving the account.

Can I get approved for a credit card and use it?

In some cases, you may be able to get approved for a credit card and use it that day. Not to be confused with instant approval credit cards, instant use credit cards are available to use upon approval.

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