{"id":726,"date":"2023-11-18T03:45:48","date_gmt":"2023-11-18T03:45:48","guid":{"rendered":"http:\/\/localhost\/mrc_blog\/creditcards\/credit-cards-how-to-apply-tips-for-approval\/"},"modified":"2025-07-20T14:26:04","modified_gmt":"2025-07-20T18:26:04","slug":"how-to-apply-for-a-credit-card-and-tips-to-get-approved","status":"publish","type":"post","link":"https:\/\/myratecompass.ca\/blog\/creditcards\/how-to-apply-for-a-credit-card-and-tips-to-get-approved\/","title":{"rendered":"Credit Cards: How to Apply and Tips for Approval"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_17 counter-hierarchy counter-decimal ez-toc-grey\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" style=\"display: none;\"><i class=\"ez-toc-glyphicon ez-toc-icon-toggle\"><\/i><\/a><\/span><\/div>\n<nav><ul class=\"ez-toc-list ez-toc-list-level-1\"><li class=\"ez-toc-page-1 ez-toc-heading-level-3\"><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/myratecompass.ca\/blog\/creditcards\/how-to-apply-for-a-credit-card-and-tips-to-get-approved\/#The_Credit_Card_Application_Process\" title=\"The Credit Card Application Process\">The Credit Card Application Process<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-3\"><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/myratecompass.ca\/blog\/creditcards\/how-to-apply-for-a-credit-card-and-tips-to-get-approved\/#Identify_What_Type_of_Credit_Card_User_You_Are\" title=\"Identify What Type of Credit Card User You Are\">Identify What Type of Credit Card User You Are<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-3\"><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/myratecompass.ca\/blog\/creditcards\/how-to-apply-for-a-credit-card-and-tips-to-get-approved\/#Credit_Builder_Credit_Card_User\" title=\"Credit Builder Credit Card User\">Credit Builder Credit Card User<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-3\"><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/myratecompass.ca\/blog\/creditcards\/how-to-apply-for-a-credit-card-and-tips-to-get-approved\/#Revolver_Credit_Card_User\" title=\"Revolver Credit Card User\">Revolver Credit Card User<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-3\"><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/myratecompass.ca\/blog\/creditcards\/how-to-apply-for-a-credit-card-and-tips-to-get-approved\/#Transactor_Credit_Card_User\" title=\"Transactor Credit Card User\">Transactor Credit Card User<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-3\"><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/myratecompass.ca\/blog\/creditcards\/how-to-apply-for-a-credit-card-and-tips-to-get-approved\/#Determine_Your_Eligibility_for_Credit_Cards\" title=\"Determine Your Eligibility for Credit Cards\">Determine Your Eligibility for Credit Cards<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-3\"><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/myratecompass.ca\/blog\/creditcards\/how-to-apply-for-a-credit-card-and-tips-to-get-approved\/#Sources_of_Income\" title=\"Sources of Income\">Sources of Income<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-3\"><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/myratecompass.ca\/blog\/creditcards\/how-to-apply-for-a-credit-card-and-tips-to-get-approved\/#Credit_Score\" title=\"Credit Score\">Credit Score<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-3\"><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/myratecompass.ca\/blog\/creditcards\/how-to-apply-for-a-credit-card-and-tips-to-get-approved\/#Residential_Status_and_Age\" title=\"Residential Status and Age\">Residential Status and Age<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-3\"><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/myratecompass.ca\/blog\/creditcards\/how-to-apply-for-a-credit-card-and-tips-to-get-approved\/#Select_a_Credit_Card_Type\" title=\"Select a Credit Card Type\">Select a Credit Card Type<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-3\"><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/myratecompass.ca\/blog\/creditcards\/how-to-apply-for-a-credit-card-and-tips-to-get-approved\/#Compare_Credit_Card_Options\" title=\"Compare Credit Card Options\">Compare Credit Card Options<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-3\"><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/myratecompass.ca\/blog\/creditcards\/how-to-apply-for-a-credit-card-and-tips-to-get-approved\/#Complete_Your_Application\" title=\"Complete Your Application\">Complete Your Application<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-3\"><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/myratecompass.ca\/blog\/creditcards\/how-to-apply-for-a-credit-card-and-tips-to-get-approved\/#Wait_for_Approval\" title=\"Wait for Approval\">Wait for Approval<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-3\"><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/myratecompass.ca\/blog\/creditcards\/how-to-apply-for-a-credit-card-and-tips-to-get-approved\/#What_to_Do_When_Youre_Declined\" title=\"What to Do When You&#8217;re Declined\">What to Do When You&#8217;re Declined<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-3\"><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/myratecompass.ca\/blog\/creditcards\/how-to-apply-for-a-credit-card-and-tips-to-get-approved\/#Final_Thoughts\" title=\"Final Thoughts\">Final Thoughts<\/a><\/li><\/ul><\/nav><\/div>\n<span class=\"rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time:<\/span> <span class=\"rt-time\">6<\/span> <span class=\"rt-label rt-postfix\">Min<\/span><\/span>\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"726\" class=\"elementor elementor-726\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-28f59d11 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"28f59d11\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-5d4f71e3\" data-id=\"5d4f71e3\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-52cfe317 elementor-widget elementor-widget-text-editor\" data-id=\"52cfe317\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.17.0 - 08-11-2023 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p>&nbsp;<\/p>\n<p>Credit cards are a useful financial tool for many Canadians. They can help you build credit, pay an unexpected or emergency expense and facilitate daily spending among many other things. In addition, <a class=\"wpil_keyword_link \" href=\"https:\/\/myratecompass.ca\/credit-cards\/by-category\"  title=\"credit cards\" data-wpil-keyword-link=\"linked\">credit cards<\/a> are one of the most commonly used financial products. If you&#8217;re interested in getting a credit card, below is a step by step guide on how to apply for a credit card along with tips to get approved.<\/p>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"The_Credit_Card_Application_Process\"><\/span><strong>The Credit Card Application Process<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>&nbsp;<\/p>\n<p>Below is a step by step process to apply for a credit card. Whether this is your first time applying for a credit card or your fiftieth time applying, you can learn how to make a strategic financial decision for your personal finances.<\/p>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Identify_What_Type_of_Credit_Card_User_You_Are\"><\/span><strong>Identify What Type of Credit Card User You Are<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>&nbsp;<\/p>\n<p>Credit cards weren&#8217;t all made equal. In order to find the<strong><a href=\"\/best-credit-cards-canada\"> best credit card<\/a><\/strong> for you, you will need to identify what kind of credit card user you are. There are three main types of credit card users as described below.<\/p>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Credit_Builder_Credit_Card_User\"><\/span><strong><em>Credit Builder Credit Card User<\/em><\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>&nbsp;<\/p>\n<p>Anyone who is attempting to build or rebuild their credit is known as a credit builder. Usually credit builders have recently immigrated to Canada, experienced financial struggles recently or have a poor <a href=\"\/blog\/personal-finance\/credit-score\"><strong>credit score<\/strong><\/a>. Credit builders typically need to apply for a secured credit card before moving forward with other credit cards. <a href=\"\/best-credit-cards\/best-secured-credit-cards-canada\"><strong>Secured credit cards<\/strong><\/a> require a deposit which becomes the card&#8217;s limit and can then be used to build credit.<\/p>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Revolver_Credit_Card_User\"><\/span><strong><em>Revolver Credit Card User<\/em><\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>&nbsp;<\/p>\n<p>In the credit card world, revolving credit card users carry balances from one month to the next, hence the word revolving. The credit card user will pay down the balance over time. Since the balance is carried forward, it is ideal if the borrower can snag a <a href=\"\/best-credit-cards\/best-low-rate-credit-cards-canada\"><strong>low interest rate<\/strong><\/a>. This is because the borrower will be paying interest on the remaining balance every month which can become costly.<\/p>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Transactor_Credit_Card_User\"><\/span><strong><em>Transactor Credit Card User<\/em><\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>&nbsp;<\/p>\n<p>A transactor credit card user is the exact opposite of a revolving credit card user. These types of credit card users pay the balance in full at the end of every month to avoid paying interest. Because the borrower pays the balance in full every month, they can take advantage of credit card rewards since interest costs are eliminated. However, sometimes those credit card perks come with fees.<\/p>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Determine_Your_Eligibility_for_Credit_Cards\"><\/span><strong>Determine Your Eligibility for Credit Cards<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>&nbsp;<\/p>\n<p>Credit card lenders perform a credit check every time you submit an application. Credit checks from lenders and other third parties negatively impacts your <a class=\"wpil_keyword_link \" href=\"https:\/\/myratecompass.ca\/blog\/credit-building\/credit-score\/\"  title=\"credit score\" data-wpil-keyword-link=\"linked\">credit score<\/a>. For this reason, you should only apply for credit cards that you genuinely have a chance at getting approved for.<\/p>\n<p>&nbsp;<\/p>\n<p>Some lending institutions provide minimum requirements for their borrowers that can be assessed before you apply. By considering minimum requirements, you will ensure that you don&#8217;t apply for a credit card that you will automatically get denied for. Below are some additional criteria to consider.<\/p>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Sources_of_Income\"><\/span><strong><em>Sources of Income<\/em><\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>&nbsp;<\/p>\n<p>Rewards and cash back cards tend to have minimum income requirements. Most banks consider the income of the applicant only, while others will consider the combined income of a household.<\/p>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Credit_Score\"><\/span><strong><em>Credit Score<\/em><\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>&nbsp;<\/p>\n<p>Your credit score plays a major role in all your personal finances and borrowing, including credit cards. Knowing your credit score can give you an idea of what types of credit cards you will be eligible for. If your credit score isn&#8217;t the greatest, you probably won&#8217;t get approved for the highest valued credit cards out there. Also, you can work on giving your credit score a boost before you apply to put your best foot forward with credit card issuers.<\/p>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Residential_Status_and_Age\"><\/span><strong><em>Residential Status and Age<\/em><\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>&nbsp;<\/p>\n<p>In Canada, you must be a Canadian resident and the age of majority in your province to obtain a credit card. Usually this age is either 18 or 19, check your province&#8217;s age of majority if you&#8217;re unsure which age is applicable to you.<\/p>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Select_a_Credit_Card_Type\"><\/span><strong>Select a Credit Card Type<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>&nbsp;<\/p>\n<p>Once you&#8217;ve determined what <a href=\"https:\/\/myratecompass.ca\/blog\/creditcards\/types-of-credit-cards\/\">type of credit card<\/a> user you are and that you have basic eligibility, it&#8217;s time to pick some actual credit card candidates for comparison. When you start doing research, you&#8217;ll notice that there are tons of credit cards to choose from. Below are some basic credit card types to be aware of when starting your research.<\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li><a href=\"\/best-credit-cards\/best-balance-transfer-credit-cards-canada\"><strong><em>Balance Transfer Credit Cards<\/em><\/strong><\/a>. These credit cards offer an introductory period with no interest. Once the introductory period is up, full interest kicks in. Balance transfers are typically used to pay off debt.<\/li>\n<\/ul>\n<ul>\n<li><strong><em><a href=\"\/best-credit-cards\/best-low-rate-credit-cards-canada\">Low Interest Rate Credit Cards<\/a>.<\/em><\/strong> For those who are revolvers, this is the card for you! Low interest rates are ideal because you&#8217;ll be carrying the balance from month to month.<\/li>\n<\/ul>\n<ul>\n<li><strong><em><a href=\"\/best-credit-cards\/best-cash-back-credit-cards-canada\">Cash Back Credit Cards<\/a>. <\/em><\/strong>Wouldn&#8217;t it be nice if you could earn money while you spend? With cash back credit cards you can! These cards work by giving the borrower a specified percentage back of what they spent in a month.<\/li>\n<\/ul>\n<ul>\n<li><strong><em><a href=\"\/best-credit-cards\/best-travel-credit-cards-canada\">Travel Rewards Credit Cards<\/a>.<\/em><\/strong> If you have the travel bug, these types of credit cards help you travel where you want for less money and sometimes for free. Be sure to read the fine print with these cards to understand what perks you&#8217;ll get exactly.<\/li>\n<\/ul>\n<ul>\n<li><strong><em><a href=\"\/best-credit-cards\/best-rewards-credit-cards-canada\">Other Rewards Credit Cards<\/a>.<\/em><\/strong> If you aren&#8217;t in a position to travel, you can still get rewards on dining out, retail, groceries, gas and entertainment.<\/li>\n<\/ul>\n<ul>\n<li><strong><em><a href=\"\/best-credit-cards\/best-secured-credit-cards-canada\">Secured or Prepaid Credit Cards<\/a>.<\/em><\/strong> These credit cards are designed for individuals with no credit or poor credit. They help these individuals build credit so they can access more financial products in the future.<\/li>\n<\/ul>\n<ul>\n<li><strong><em><a href=\"\/best-credit-cards\/best-student-credit-cards-canada\">Student Credit Cards<\/a>.<\/em><\/strong> Students may not be able to afford all of the fees, high interest rates and other costs associated with using a credit card. Student credit cards work around these issues, but typically do not offer other perks.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Compare_Credit_Card_Options\"><\/span><strong>Compare Credit Card Options<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>&nbsp;<\/p>\n<p>Before moving forward with a credit card, it is wise to compare your options to ensure you get the most amazing deal. Below are some questions to ask during the comparison process.<\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li>Which credit card has the lowest annual fee?<\/li>\n<li>Which credit card has the lowest interest rate?<\/li>\n<li>What other fees are applicable when using the credit card?<\/li>\n<li>Are there other perks to working with the financial institution?<\/li>\n<li>What non-monetary benefits does the credit card offer?<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Complete_Your_Application\"><\/span><strong>Complete Your Application<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>&nbsp;<\/p>\n<p>Now you have your sights set on a credit card that will work for you, it&#8217;s time to apply, finally! The quickest and easiest way to apply for a credit card is online, but you can also mail or fax your application, apply over the phone or visit the financial institution in person to complete your application. Keep in mind that applying using any method other than online will be much more time consuming.<\/p>\n<p>&nbsp;<\/p>\n<p>Each application requires different information from the borrower, however, below is some basic information you can expect to submit with your application.<\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li>Personal information, such as your name, address, email address and phone number<\/li>\n<li>Rent or mortgage payment amounts<\/li>\n<li>Occupation and current employer<\/li>\n<li>Annual income<\/li>\n<li>Spouse&#8217;s or total household income<\/li>\n<li>Social insurance number<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Wait_for_Approval\"><\/span><strong>Wait for Approval<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>&nbsp;<\/p>\n<p>You submitted your application, now it&#8217;s time to wait for approval. Approval can take a couple minutes if done online, unless the credit card provider needs more information from you. If additional information is needed, it can hold up the process for several days. If you applied using another method other than the internet, the process can take several days or weeks.<\/p>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_to_Do_When_Youre_Declined\"><\/span><strong>What to Do When You&#8217;re Declined<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>&nbsp;<\/p>\n<p>If you weren&#8217;t approved for a credit card, figure out why so you don&#8217;t make the same mistake again. Below are some common reasons for credit card non-approval. If none of the below are the reason you got declined, reach out to the lender to find out why.<\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li>Do not meet the credit card&#8217;s minimum income requirements<\/li>\n<li>Information on your credit card application does not match your credit report<\/li>\n<li>You aren&#8217;t a Canadian resident or the age of majority<\/li>\n<li>Your credit score is too low to qualify for the credit card<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p>Being declined for a credit card, or anything for that matter, is never fun, but it also isn&#8217;t the end of the world. Perhaps you <a href=\"http:\/\/localhost\/mrc_blog\/creditcards\/5-things-to-consider-when-applying-for-your-first-credit-card\/\" target=\"_blank\" rel=\"nofollow noopener\">applied for a credit card<\/a> that was slightly out of your reach for your current financial position, and that&#8217;s okay! The important thing is that you learn from your financial mistakes. When you apply for another credit card, consider the reason you got declined and work on your <strong><a href=\"https:\/\/www.investopedia.com\/terms\/p\/personalfinance.asp\" target=\"_blank\" rel=\"noopener nofollow\">personal finances<\/a><\/strong> to get approved the next time around.<\/p>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Final_Thoughts\"><\/span><strong>Final Thoughts<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>&nbsp;<\/p>\n<p>Applying for a credit card does take some time, consideration and research. However, picking the correct credit card for your needs is worth the initial investment because it will suit your lifestyle best. If you get declined, remember that it&#8217;s not the end of the world and the problem was likely that you applied for a credit card that wasn&#8217;t best for your needs. At the end of the day, always consider your financial goals and current financial position when making a personal finance decisions!&nbsp;<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p><span class=\"rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time:<\/span> <span class=\"rt-time\">6<\/span> <span class=\"rt-label rt-postfix\">Min<\/span><\/span> &nbsp; Credit cards are a useful financial tool for many Canadians. They can help you build credit, pay an unexpected or emergency expense and facilitate daily spending among many other things. In addition, credit cards are one of the most commonly used financial products. If you\u2019re interested in getting a credit card, below is a&hellip; <a class=\"more-link\" href=\"https:\/\/myratecompass.ca\/blog\/creditcards\/how-to-apply-for-a-credit-card-and-tips-to-get-approved\/\">Continue reading <span class=\"screen-reader-text\">Credit Cards: How to Apply and Tips for Approval<\/span><\/a><\/p>\n","protected":false},"author":5,"featured_media":5445,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[1],"tags":[21],"class_list":["post-726","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-creditcards","tag-blog-post-template-1-main-template-to-use","entry"],"aioseo_notices":[],"featured_image_urls":{"full":["https:\/\/myratecompass.ca\/blog\/wp-content\/uploads\/2023\/11\/credit-cards-how-to-apply.jpg",924,614,false],"thumbnail":["https:\/\/myratecompass.ca\/blog\/wp-content\/uploads\/2023\/11\/credit-cards-how-to-apply-150x150.jpg",150,150,true],"medium":["https:\/\/myratecompass.ca\/blog\/wp-content\/uploads\/2023\/11\/credit-cards-how-to-apply-300x199.jpg",300,199,true],"medium_large":["https:\/\/myratecompass.ca\/blog\/wp-content\/uploads\/2023\/11\/credit-cards-how-to-apply-768x510.jpg",750,498,true],"large":["https:\/\/myratecompass.ca\/blog\/wp-content\/uploads\/2023\/11\/credit-cards-how-to-apply.jpg",750,498,false],"1536x1536":["https:\/\/myratecompass.ca\/blog\/wp-content\/uploads\/2023\/11\/credit-cards-how-to-apply.jpg",924,614,false],"2048x2048":["https:\/\/myratecompass.ca\/blog\/wp-content\/uploads\/2023\/11\/credit-cards-how-to-apply.jpg",924,614,false],"post-thumbnail":["https:\/\/myratecompass.ca\/blog\/wp-content\/uploads\/2023\/11\/credit-cards-how-to-apply.jpg",924,614,false],"post-image-medium":["https:\/\/myratecompass.ca\/blog\/wp-content\/uploads\/2023\/11\/credit-cards-how-to-apply-376x250.jpg",376,250,true]},"post_excerpt_stackable":"<p>Table of Contents The Credit Card Application ProcessIdentify What Type of Credit Card User You AreCredit Builder Credit Card UserRevolver Credit Card UserTransactor Credit Card UserDetermine Your Eligibility for Credit CardsSources of IncomeCredit ScoreResidential Status and AgeSelect a Credit Card TypeCompare Credit Card OptionsComplete Your ApplicationWait for ApprovalWhat to Do When You&#8217;re DeclinedFinal Thoughts Reading Time: 6 Min &nbsp; Credit cards are a useful financial tool for many Canadians. They can help you build credit, pay an unexpected or emergency expense and facilitate daily spending among many other things. In addition, credit cards are one of the most commonly used&hellip;<\/p>\n","category_list":"<a href=\"https:\/\/myratecompass.ca\/blog\/.\/creditcards\/\" rel=\"category tag\">Credit Cards<\/a>","author_info":{"name":"Mohamed Konate","url":"https:\/\/myratecompass.ca\/blog\/author\/mohamedkonate\/"},"comments_num":"0 comments","featured_image_urls_v2":{"full":["https:\/\/myratecompass.ca\/blog\/wp-content\/uploads\/2023\/11\/credit-cards-how-to-apply.jpg",924,614,false],"thumbnail":["https:\/\/myratecompass.ca\/blog\/wp-content\/uploads\/2023\/11\/credit-cards-how-to-apply-150x150.jpg",150,150,true],"medium":["https:\/\/myratecompass.ca\/blog\/wp-content\/uploads\/2023\/11\/credit-cards-how-to-apply-300x199.jpg",300,199,true],"medium_large":["https:\/\/myratecompass.ca\/blog\/wp-content\/uploads\/2023\/11\/credit-cards-how-to-apply-768x510.jpg",750,498,true],"large":["https:\/\/myratecompass.ca\/blog\/wp-content\/uploads\/2023\/11\/credit-cards-how-to-apply.jpg",750,498,false],"1536x1536":["https:\/\/myratecompass.ca\/blog\/wp-content\/uploads\/2023\/11\/credit-cards-how-to-apply.jpg",924,614,false],"2048x2048":["https:\/\/myratecompass.ca\/blog\/wp-content\/uploads\/2023\/11\/credit-cards-how-to-apply.jpg",924,614,false],"post-thumbnail":["https:\/\/myratecompass.ca\/blog\/wp-content\/uploads\/2023\/11\/credit-cards-how-to-apply.jpg",924,614,false],"post-image-medium":["https:\/\/myratecompass.ca\/blog\/wp-content\/uploads\/2023\/11\/credit-cards-how-to-apply-376x250.jpg",376,250,true]},"post_excerpt_stackable_v2":"<p>Table of Contents The Credit Card Application ProcessIdentify What Type of Credit Card User You AreCredit Builder Credit Card UserRevolver Credit Card UserTransactor Credit Card UserDetermine Your Eligibility for Credit CardsSources of IncomeCredit ScoreResidential Status and AgeSelect a Credit Card TypeCompare Credit Card OptionsComplete Your ApplicationWait for ApprovalWhat to Do When You&#8217;re DeclinedFinal Thoughts Reading Time: 6 Min &nbsp; Credit cards are a useful financial tool for many Canadians. They can help you build credit, pay an unexpected or emergency expense and facilitate daily spending among many other things. In addition, credit cards are one of the most commonly used&hellip;<\/p>\n","category_list_v2":"<a href=\"https:\/\/myratecompass.ca\/blog\/.\/creditcards\/\" rel=\"category tag\">Credit Cards<\/a>","author_info_v2":{"name":"Mohamed Konate","url":"https:\/\/myratecompass.ca\/blog\/author\/mohamedkonate\/"},"comments_num_v2":"0 comments","jetpack_featured_media_url":"https:\/\/myratecompass.ca\/blog\/wp-content\/uploads\/2023\/11\/credit-cards-how-to-apply.jpg","_links":{"self":[{"href":"https:\/\/myratecompass.ca\/blog\/wp-json\/wp\/v2\/posts\/726","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/myratecompass.ca\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/myratecompass.ca\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/myratecompass.ca\/blog\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/myratecompass.ca\/blog\/wp-json\/wp\/v2\/comments?post=726"}],"version-history":[{"count":6,"href":"https:\/\/myratecompass.ca\/blog\/wp-json\/wp\/v2\/posts\/726\/revisions"}],"predecessor-version":[{"id":5981,"href":"https:\/\/myratecompass.ca\/blog\/wp-json\/wp\/v2\/posts\/726\/revisions\/5981"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/myratecompass.ca\/blog\/wp-json\/wp\/v2\/media\/5445"}],"wp:attachment":[{"href":"https:\/\/myratecompass.ca\/blog\/wp-json\/wp\/v2\/media?parent=726"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/myratecompass.ca\/blog\/wp-json\/wp\/v2\/categories?post=726"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/myratecompass.ca\/blog\/wp-json\/wp\/v2\/tags?post=726"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}