hello there,

did you know that applying for a credit card today is easy and quick as card companies as well as the banks do have their own websites. these websites offer online application which guides you in process from choosing a credit card until the validation that you have passed a credit card application.

you can learn more about applying for a credit card with this link:
/archives/2010/4/apply+for+credit+card+in+canada.html

go through the article and learn how you can easily apply for a credit card. if you have questions regarding the application then feel free to post it on this thread. me and many of the online bloggers for this site can answer it and help you with everything.

Oops.. Here is the link.

/archives/2010/4/apply+for+credit+card+in+canada.html

Try go over it as you will learn and get many information all about applying a credit card.

Hi..

I can only provide a single link for the meantime but this contains most of the information on applying a credit card. I am still looking for any other links that would give a comprehensive information on the approval times for credit cards.

I will make a post once I have gathered some links out of my search in the web.

hi jonathan,

what is your source on this information?
can you provide links..

we should include approval times if they're available.

there are different types of cards to be approved as you have mentioned...

Good points.... for an application , the credit card companies will seek your personal credit information from equifax Canada or transunion canada

hi..

Usually, credit card websites that are reliable are those websites in which the card companies or banks own themselves. However, there are other reliable credit card websites. One of which is this site: /canadian-credit-cards.html

When talking about the waiting time for a credit card application. Waiting time is generally based on what type of credit card you are applying for.

For guaranteed approval kind of credit cards, it would take only few hours but the plastic credit card will be released 1 to 2 working days upon approval.

For rewards cards, this credit card usually takes 3 to 5 working days for the card company to give a decision if your application is either approved or not.

For platinum or gold credit cards, the average working days for the card's approval commonly takes at least 10 days.

The higher the card value as well as the the more card benefits and features it comprise of, the longer the approval time as the card company or bank will make sure that the client is trustworthy enough for the card. the card issuer is taking a larger risks on this case because of what the card is composed of.

About the information needed by the card issuer, of course you should write your complete name, home address, etc.. just honestly answer what informations the application form ask. You will also be required to give documents that state your salaries or earnings as well as your personal accounts along with your assets either fixed or not.

In addition, the company will need a credit history report certified by the credit bureau/s. This is one of the requirement that really influences the decision whether your application will be approved or not.

I was just looking at this page and had some questions
/archives/2010/4/apply+for+credit+card+in+canada.html

in the application process you say that I should look for a website that I can trust. How I know which website I can trust?

If I apply off-line or credit card how long will it take me know if I'd been approved or not? The same question applies about online application. How long would it be to know if I apply online?

what are the things that I can do to assure that I'll be accepted? What does the credit card company want to see when they look at my information? What information my credit report is the most important for the application process?

Exactly how many pieces of information are required on the application?
Can you detail these for me?

I noticed that on this page it says you can have 0% APR credit cards in Canada.... there is no such thing in Canada

hi..

this article and its information is very vital for all card holders. it made me realized that even the ATM machine can be a accessory for a fraud. i hope bank ATM machines must be checked constantly by the bank security if their machines are hacked. this will give assurance and security to the clients personal accounts for being drain out of money.

having read this post, i can now be mindful every time i withdraw cash using an ATM machine.

thanks for the info..

For the readers of this forum, this is one article that will come as a big help and reminder to those credit card users. This is to warn themselves from the scams and fraud that could be happening to them anytime. It's better to be very watchful than to be the victims of these crimes.

ATMs, card fraud a concern for travellers

Last Updated: Friday, July 2, 2010

New warnings for travellers about debit and credit card fraud have come amid reports of high-tech skimmers loaded in bank machines to steal PIN data and cash.

According to security blogger Brian Krebs, the new skimmers allow thieves to insert a thin reader-type device in an ATM slot and retrieve the data via cellphone.

In a recent post, Krebs said that most skimmers are designed to work on the two most common ATM models worldwide. The skimming devices, sold on the internet, slip into the card opening of the ATM and record the data stored on the card's magnetic strip, along with the PIN. This allows thieves to create fake cards and drain a customer's bank account.

It's a scam that's being practised worldwide. Most recently a rash of the thefts have been happening in the Washington, D.C., area.

With Canadians packing their bags and hitting the road for summer vacation, a fraud security expert with TD Canada Trust has some advice on how to avoid big financial trouble while on the road.

Courtesy of: Apply for Credit Card

This is one article that I strongly recommend the readers to read. It will come in very handy and very helpful to credit card holders.

Protect your plastic while on vacation

BY KIM COVERT, CANWEST NEWS SERVICE JUNE 29, 2010

One of the first things anyone planning a long trip from home does is make arrangements to protect the most important things: a secure money belt, for example, to hold cash and documents, such as passports. But they tend to be a little more cavalier about their plastic.

"They check into their hotel room and they would put their passports in the hotel room safe, but if they were going for a walk, for example, they don't then put their wallet in the safe with their cards," says Joanne Nosworthy, TD Canada Trust's vice-president of account recovery and fraud management.

Nosworthy has these tips for travellers:

- Protect your PIN. Just like at home, make sure you shield the hand entering your PIN number. "[Thieves] need both your card and your PIN to make use out of that card," she says.

Courtesy of: Apply for Credit Card

I read this internet article today and I found out this could be a helpful information to the readers.

New security technology for credit cards makes PCI compliance easier

By Kristen Lawrence

23/06/2010 - Merchants who use debit and credit card technology are always striving to provide consumers with the safest and most convenient forms of payment. A new combination of tokenization and encryption may be the newest solution to data-security worries.

According to a report by RSA, using tokens and end-to-end encryption can help a merchant comply with PCI standards without breaking the bank or shutting systems down for upgrades. Tokenization is a process which replaces card numbers with proxies that can't be tracked by would-be cyber-thieves, but can still be followed and analyzed by merchants. End-to-end encryption guarantees that card numbers are encrypted at the point-of-sale and are not decrypted until received by the credit companies themselves.

Courtesy of: Apply for Credit Card