All credit card applications, whether you apply online for an instant approval credit card or you apply over the counter at a branch involve acceptance of the credit card terms and conditions as outlined by the lender in question. Submitting the application is deemed to be an acceptance of those terms and conditions – sometimes called “conditions of use”. When a credit card arrives in the mail, you don’t even need to sign anything to accept the terms and conditions, use of the card makes acceptance of then binding. When applying online your application will not be completed until you accept the terms and conditions by checking a box that will usually state something like “I have read and understood the terms and conditions”.
 |
||
| ANZ Low Rate Purchases : 0% for 3mths (Offer ends 12.06.12) then 13.39% p.a. Balance Transfer: 0% for 3mths Annual Fee: $58 Interest Free Days: Up to 55 Cash Advance : 21.49% p.a. More Info |
||
| ANZ Low Rate Apply Now |
Over the coming weeks we will look in detail at specific terms and conditions of credit card contracts you are likely to encounter, depending on the type of credit card you are applying for.
It is an important general note is that when you make an application for an instant approval credit card or otherwise online, that you are more often than not agreeing to be notified of changes to the terms and conditions of that card electronically. Make sure you read the emails and notes inside your account from your lender to ensure you keep abreast of these important changes.
