Best time to apply for a Credit Card

As with many other types of financial products, the time you apply for a credit card can be crucial when it comes to determining whether your application will be accepted. However, this does not relate to the time of the week, month or year, but your individual financial situation when you apply for a credit card. It refers to your financial circumstances at the time of application, taking into account a number of key factors.

The effect of your credit score

When you apply for a credit card, a lender will check your credit score before deciding whether to approve your application. Essentially, they want to be confident that potential borrowers will be able to pay them back. The lower your credit score, the less likely you are to be granted credit. Therefore, it's logical that the best time to apply for a credit card is when your credit score is healthy. To find out more about credit scoring, take a look at our helpful guide. 

Options if you have a poor credit history

If you currently have a poor credit history or no credit history, you may believe that now is an unsuitable time to apply for a credit card. However, all is not lost if you find yourself in this situation, and there are options for people wanting to rebuild their credit rating.

At aqua, we specialise in giving credit cards to people with a poor credit history who are looking to get their finances back on track. If you want to apply for a credit card, but have been refused by other credit card companies in the past, talk to us. We assess all applicants on an individual basis. When managed carefully and paid in full on time, our credit cards can help you improve your credit rating, making your financial outlook a little brighter. Why not find out more about the best credit card deals we have to offer today?


Representative 35.9% APR variable on the aqua classic card.