Best Instant Credit/Debit Cards With Immediate Access and Approval Australia [Bad Credit Score]

best instant credit/debit cards with immediate access australia

To get a guaranteed and approved instant credit or debit card with immediate access in Australia can be a really difficult task. Obviously, the easiest credit cards to get approved for usually come with bad credit in Australia.

However, this doesn't mean that it is not possible to get the instant virtual credit or debit card. This has been made possible thanks to numerous credit card issuers with immediate access in Australia and we count many of them today with an increasing count rate these days.

Don't take my word for it because if you have a bad credit in Australia, it can be really difficult almost impossible to get a credit card with immediate access. Most especially if you are an unemployed citizen or resident residing in Australia.

If you have a bad credit and you currently are looking for an online guaranteed credit or debit card approval no matter if you are employed or unemployed residing in Australia, then you are in the right place.

We talk on the best ways residents residing in the US, UK, Canada and many more European countries can get instant credit cards with a tremendous credit history or a bad credit and also for those just landing in these specific countries will be served equally and adequately.

That said, we decided to take in hand the case of Australia and we will share with you the best instant credit/debit cards providers online that will give you an immediate or instant access to your credit or debit card no matter if you have a bad credit at your name.

CHECK ALSO: 15 Best Virtual Credit/Debit Card Providers in the US

What is Bad or Low Credit Score in Australia?

Bad credit refers to a person's history of failing to pay bills on time, and the likelihood that they will fail to make timely payments in the future. It is often reflected in a low credit score. Companies can also have bad credit based on their payment history and current financial situation.

For a resident of Australia, owning a bad credit score or low credit score can slow your financial activities as you will notice many services losing trust in you. We talk here of services such as PayPal which will lower your credit score and limit your spending online with your credit card.

Hopefully, no matter your country and location, here are 4 proven tips to improve your PayPal credit score

CHECK ALSO: 4 Proven Tips to Increase PayPal Credit Limit Online

Asides from PayPal, there are also many companies and services which might see you differently as an untrusted individual. This is determined by your credit score.

In most cases, an individual in Australia US, Canada or Europe may not be the initiator or the low credit score. I mean to say, an individual might be a regular person but still have a low credit score. 

Its not like you asked for it but for some reasons, it has just been given to you probably due to increase of fees and taxes which you might not been aware of and as such, you won't pay for it in the demanded time.

This is where your credit score (soft and hard pull) keep decreasing and if you don't handle it in time, it might be a really critical situation for you to handle.

CHECK ALSO: 5 Best Virtual Credit/Debit Card Providers in the UK

How Does Bad or Low Credit Score Affect My Living in Australia?

If you have a low credit score in Australia, then you must be aware that the greater part of your activities that will get touched are the financial activities. That is, many companies and services won't trust you the way they did before and will lower the amount and rate they often have to deal with when you are concerned.

The most incredible thing that makes these companies to know that you have a bad credit is when you submit your affected credit card. Paying attention to the fact that all credit cards out there are blueprinted, it will be an easy thing for these services to figure out that you have been marked with low credit.

I will always advice you for a start to maintain your bills and taxes to avoid this messy situation but if you are already in it, and you want to get a credit or debit card with immediate instant access in Australia, then you got to checkout the online providers listed below.

CHECK ALSO: 6 Best Instant Virtual Credit/Debit Card Providers (No Deposit Required)

Best Instant Credit/Debit Cards with Immediate Access/Approval

Below are 10 of the best instant credit and debit cards providers where you can get immediate access to the credit cards with a bad credit in Australia. These providers are also ideal for unemployed residents living in Australia with a bad or low credit score.

1. Westpac Low Rate Credit Card

best instant credit/debit cards with immediate access australia

Features

  • Enjoy 0% p.a. for 28 months on balance transfers with a 1% balance transfer fee. Reverts to variable cash advance rate of 21.49% p.a.
  • Low 13.74% p.a. interest rate on purchases.
  • $0 first year annual card fee ($59 p.a. thereafter).

Pros

0% p.a. for up to 28 months on balance transfers.

Low 13.74% p.a. interest rate on purchases.

$0 first year annual card fee ($59 p.a. thereafter).

Cons

Balance transfer reverts to cash advance rate of 21.49% p.a. after 28 months.

CHECK ALSO: How to Get Free Virtual Credit Cards for PayPal Verification

2. MoneyMe Freestyle Virtual Card

best instant credit/debit cards with immediate access australia

Features

  • Apply online in minutes with an outcome on the spot.
  • No waiting days for a physical card, it's instantly accessible via your mobile wallet.
  • Tap n Pay in-store using Apple Pay or Google Pay.
  • Shop online using your virtual card details found in the MoneyMe App.
  • Shop now, pay later with up to 55 days interest-free on purchases.

Bank Promo

Get MoneyMe's lowest advertised rate EVER of 16.99% p.a.

Annual fee of $0 to $149 p.a. based on credit limit plus a monthly fee of $5 for balances over $20.

Be eligible for deals and credit back offers at over 1,400 participating stores thanks to MoneyMe Perks, powered by Cashrewards. Terms and conditions apply.

Application requirements:

  • 18 years or older
  • Employed
  • Australian resident
  • Good credit history

3. NAB Straight Up Credit Card

best instant credit/debit cards with immediate access australia

Features

  • Apply online in minutes with an outcome on the spot.
  • No waiting days for a physical card, it's instantly accessible via your mobile wallet.
  • Tap n Pay in-store using Apple Pay or Google Pay.
  • Shop online using your virtual card details found in the MoneyMe App.
  • Shop now, pay later with up to 55 days interest-free on purchases.

Bank Promo

Get MoneyMe's lowest advertised rate EVER of 16.99% p.a.

Annual fee of $0 to $149 p.a. based on credit limit plus a monthly fee of $5 for balances over $20.

Be eligible for deals and credit back offers at over 1,400 participating stores thanks to MoneyMe Perks, powered by Cashrewards. Terms and conditions apply.

Pros

Charges a monthly fee based on your selected credit limit.

The monthly fee will be reversed if you do not have any outstanding balance or purchase.

No interest charges or other fees, including foreign currency fees and late payment fees.

Cons

No rewards program for this card.

No cash advance.

Application requirements:

  • 18 years or older
  • Employed
  • Australian resident
  • Good credit history
CHECK ALSO: How to Setup a PayPal Key and Get a Free Virtual Credit Card

4. Westpac Low Rate Cashback Credit Card

best instant credit/debit cards with immediate access australia

Features

  • Get $400 back when you apply online by 30 November 2021, are approved and spend $4,000 or more on eligible purchases within 120 days from card approval. Terms and Conditions apply.
  • $0 first year annual card fee ($59 p.a. thereafter).
  • Low 13.74% p.a. interest rate on purchases.

Pros

Get $400 cashback when you meet the spend criteria.

$0 first year annual card fee ($59 p.a. thereafter).

Low 13.74% p.a. interest rate on purchases.

Cons

The cash advance rate for this card is 21.49% p.a.

CHECK ALSO: How to Get US Virtual Cards for Non-Residents

5. Bank of Melbourne Vertigo Visa

best instant credit/debit cards with immediate access australia

Features

  • Enjoy 0% for 30 months on Balance Transfers with a 0% balance transfer fee. Reverts to cash advance rate of 21.49% p.a.
  • $0 first-year annual card fee ($55 p.a. thereafter).
  • Additional cardholder at no extra cost.

Pros

0% p.a. for 30 months on balance transfers with no balance transfer fee

$0 first-year annual card fee ($55 p.a. thereafter).

The competitive purchase interest rate of 13.99% p.a.

Cons

Balance transfer rate reverts to 21.49% p.a. after 30 months.

There are no rewards program for this card.

CHECK ALSO: How to Get Virtual Bank Account for PayPal Verification

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6. NAB Low Rate Card

best instant credit/debit cards with immediate access australia

Features

  • Enjoy 0% p.a. on balance transfers for 32 months with no balance transfer fee. Reverts to cash advance rate of 21.74% p.a. after the promotional period.
  • $0 first-year annual card fee ($59 p.a. thereafter).
  • Get a response in 60 seconds.

Pros

0% p.a. on balance transfers for 32 months.

The waived annual fee for the first year.

Additional credit card is free.

Cons

No rewards program for this card.

7. St.George Vertigo Visa

best instant credit/debit cards with immediate access australia

Features

  • Enjoy 0% for 30 months on Balance Transfers with a 0% balance transfer fee. Reverts to cash advance rate of 21.49% p.a.
  • $0 first-year annual card fee ($55 p.a. thereafter).
  • Additional cardholder at no extra cost.

Pros

0% p.a. for 30 months on balance transfers with no balance transfer fee.

$0 first-year annual card fee ($55 p.a. thereafter).

The competitive purchase interest rate of 13.99% p.a.

Cons

Balance transfer rate reverts to 21.49% p.a. after 30 months.

There are no rewards program for this card.

CHECK ALSO: How to Get a Bitcoin Loan Instantly Without Collateral in Any Country

8. Qantas American Express Discovery Credit Card

best instant credit/debit cards with immediate access australia

Features

  • Receive 10,000 bonus Qantas Points when you apply by online by 27 October 2021, are approved and spend $750 on your new Card within the first 3 months. Offer available to new Card Members only.
  • Earn 0.75 Qantas Point for every $1 spent on Card purchases, except spend at government bodies in Australia where you will earn 0.5 Qantas Points per $1 spent.
  • Pay no annual card fee.

Pros

Receive 10,000 bonus Qantas Points when you meet the criteria.

Ongoing $0 annual fee.

Complimentary purchase and refund protection.

Cons

There is a 3% foreign transaction fee.

9. BankSA Vertigo Credit Card

best instant credit/debit cards with immediate access australia

Features

  • Enjoy 0% for 30 months on balance transfers with 0% balance transfer fee. Reverts to cash advance rate of 21.49% p.a.
  • $0 first-year annual card fee ($55 p.a. thereafter).
  • Additional cardholder at no extra cost.

Pros

0% p.a. for 30 months on balance transfers with no balance transfer fee

$0 first-year annual card fee ($55 p.a. thereafter).

The competitive purchase interest rate of 13.99% p.a.

Cons

Balance transfer rate reverts to 21.49% p.a. after 30 months.

There are no rewards program for this card.

CHECK ALSO: Top 8 Best Cryptocurrency Trading and Exchange Platforms (US/UK/Canada/Australia)

10. NAB Low Fee Card

best instant credit/debit cards with immediate access australia

Features

Low $30 p.a. ongoing annual fee.

Apply for additional cardholder at no extra cost.

Access to six complimentary insurances when you make an eligible purchase.

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Can I Get and Instant Approval Credit Card With Bad Credit?

Getting approved for a credit card can be difficult if you have bad credit. Fortunately, there are ways to get approved for a bad credit card without having to go through the usual steps.

When comparing credit cards, check the card's eligibility requirements. Some providers may be more lenient than others. Only apply if you meet the requirements.

You should consider checking out the above listed 10 providers that issue credit cards with bad limits.

CHECK ALSO: How to Get a Skrill MasterCard in the US and Australia

Best Practices for a Successful Instant Credit Card Approval

1. Apply for a copy of your credit file: You can apply for a free copy of your credit file from one of the credit reporting agencies. Detailing all your recent dealings with credit, this file is the one credit providers access when assessing your application. Check your credit file for errors – they’re more common than you may think. You can apply to have errors corrected by the agencies.

2. Pay your debts: When you apply for a credit card, the card provider will ask about any debts you have. A mortgage is a "good debt", but credit cards and loans may be considered a "bad debt". Too many unpaid debts can make you seem risky to potential providers, so you may want to consider clearing some of your debts and reducing your credit limits before applying for another card.

3. Ensure you have a regular income source: If you take out a credit card, it’s expected you will spend on it. What a potential card provider wants to know is that you will be able to repay what you borrow. Having a full time job and steady paycheque may make it more likely your application will be approved.

4. Increase your savings: By showing potential card providers that you are responsible enough to save, you indicate to them that you not only know how to budget, but also that you have backup funds should you need them.

5. Check your eligibility: While it’s certainly not as exciting as comparing fancy features and rewards programs, it’s still important you check eligibility requirements before you apply. If you don’t meet those requirements, it will usually result in a declined application. To be eligible for a credit card, you may need to be a citizen or resident of Australia, you may need to be over 18, and you may need to have good credit and exceed a minimum annual income.

CHECK ALSO: Top 10 Best PayPal Alternatives for Freelancers and Business Owners

What if My Application for Instant Credit Card with Bad Credit is Rejected?

If your application is declined – either at the point of "instant approval" or afterwards – just keep calm and do not apply right away. All credit applications are recorded on your credit file, so multiple applications will surely lead to another rejection.

Instead, you might want to review the eligibility requirements on the credit cards you are interested in, and then review your credit file to ensure you meet those requirements. You may want to spend time improving your credit file and employment status, and give it time before you apply again. That's the little hack in this.

Final Thoughts on Best Instant Credit/Debit Cards with Immediate Access in Australia

It is not an easy task to get an instant credit or debit card be it virtual or real with and immediate access in Australia with a bad credit score. You might apply and reapply and many providers will just reject you. Don't pull off your grip.

In the case where your application gets rejected, all you need to do is to check your credit file and make sure you meet the eligibility requirements.

However, I strongly believe that among these 10 providers, you will find an ideal one for you.

If you are looking for a guaranteed credit card approval with $5000 in Australia, then you got to checkout Stilt. Though their services are fully US based and for immigrants, maybe you might want to immigrate into the US someday.

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