Getting a credit card is a long and complex process involving lots of paperwork and endless bank visits. Luckily, many banks, credit unions, and other lending institutions have simplified this task for customers, allowing them to apply for and obtain instant approval credit cards within a few minutes. Much like standard credit cards, these typically cost between CHF 0 and CHF 100, depending on one’s bank, location, and current sales and offers.

Popular instant approval credit cards
Since several banks issue such cards, one must research before choosing one. It is always advisable to consider a credit card from a reputable institution.

• UBS Virtual Credit Card
  One of the most popular banks in the country, UBS is known to offer a virtual instant approval credit card or a “ sofortiger ” card as a supplementary option for account holders. The card is free of charge and made available for immediate use. To apply for it, one simply needs to visit the organization’s e-banking portal and put in a request under the Additional Cards section. Another way to get a UBS instant virtual credit card today is to use their mobile banking app and navigate to Products and Service > Discover our Products > Cards.
• Swiss Credit Card by MultiCredit
  Those looking for a higher credit limit or more liquidity may be interested in the Swiss Credit Card offered by MultiCredit. This card offers between CHF 3,000 and CHF 40,000 in total credit, so applicants can choose the amount and limit that suits them best. The application process is quick and simple and can be completed online within a few minutes. The company also offers a guaranteed pick-up for one’s card within 24 hours, making it one of the quickest and most convenient credit cards available.
• Revolut
  One of the most popular neobanks , Revolut offers a virtual credit card that can be used to make payments online and in-store. It can be used as soon as one’s application is approved and can even be linked to mobile payment systems. The virtual card comes with all the information required to make online purchases, such as the card number, expiration date, and the CVC2 or CVV code. But , one drawback is that the Swiss bank depositor protection program does not cover Revolut accounts.
• Life Digital by Swiss Bankers
  This financial services provider offers a virtual prepaid credit card called Life Digital that can be availed instantly. It comes at a charge of CHF 2.90 per month and can be ordered directly from one’s phone. While this virtual card is available and ready for use within minutes, the plastic card version needs to be ordered separately (at a charge of CHF 45). That said, the bank encourages shoppers to ditch the plastic card, taking a step towards becoming more environmentally friendly. The card is designed to meet one’s daily needs and has no associated transaction charges.

How to get a credit card?
To sign up for a credit card, one must fill out a form and submit it with the necessary documents. The most important document is an ID card or passport (for citizens) or a residence permit (for non-citizens). In addition to this, banks and credit card companies may also request other information.

• Personal data, including one’s name, surname, date of birth, and civil status
• Exact residential address
• Nationality
• Phone number and email address
• Occupation
• Employment details, including one’s field, occupation, position, and industry sector
• Gross income declaration

In some cases, applicants may also be asked to provide additional information.

• The duration of stay at the current address or a list of past addresses
• Place of birth or place of origin
• Details about one’s wealth
• Duration of employment with the current employer
• Number of underage or dependent children
• Alimony or child support payments, if any
• Information regarding home rental or ownership
• Housing expenses (monthly rent and supplemental charges)
• Bank Account Number (IBAN) of one’s private account at a Swiss bank
• Line of credit limits
• Prepaid card preferences, if the credit card is denied
• Information regarding any other credit cards one currently has
• Tax status in jurisdictions other than one’s country of residence

Note that these requirements will differ from one bank to another. Credit card companies and banks ask for details because they want to know who they are entering into a legal contract with. Information regarding one’s income, personal wealth, employment status, and history helps them ensure creditworthiness , while mobile numbers and email IDs provide a way to authenticate online transactions and get in touch regarding any fraudulent or suspicious activity in the future.

Once the documentation requested by the bank is ready, one must go to their bank of choice and sign the necessary documents. The credit card is then generally delivered to one’s home within two weeks.