How Can I Apply for a Credit Card in Canada?


Quick Answer

The standard application process for a credit card in Canada involves filling out an online application form. According to American Express, this application form asks for information about the applicant's employment status and income.

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How Can I Apply for a Credit Card in Canada?
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Full Answer

According to CreditCards.ca, an online resource for Canadian credit card information, the process of applying for a credit card in Canada is quick, secure and easy. Depending on the applicant and the type of card being applied for, this source claims that some applicants could receive a decision right away. Other applicants have to wait for a few days to find out whether their applications are successful.

Applicants must meet certain requirements in order to successfully apply for a credit card in Canada. These requirements vary according to the credit card provider and the type of credit card. As an example, American Express' standard requirements are that the applicant is a Canadian resident with a Canadian credit file, is at least the age of majority in the province or territory in which the applicant lives, and has not filed for bankruptcy in the last seven years. Some cards have more stringent requirements, such as a requirement that the applicant has reached a certain level of income.

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