What Credit Card Pre-Approval Really Is. Because you get a credit card there are many things that you need to consider if you are to get one. You don’t just wake up in the morning and then decide to apply for a credit card without getting prepared.
Some people do receive emails about getting a pre-approved credit card from an issuer, but not everybody really knows what it means. However, in this article, I will be divulging to you What Credit Card Pre Approval Really Is.
What is Credit Card Pre-Approval?
So many people applying for credit cards really do not know some of the things they should know in this case credit card pre-approval. And this is one thing everyone applying for a card should know and also if it will be best to go for it or not.
So then what is Credit Card pre-approval? Credit card pre-approval is simply an email or a letter that is sent to customers applying for a credit card by the issuer. These laters or emails are termed pre-approved applications for the applicant to fill out.
Usually, these letters are applications for credit cards and often include some deals that you can get when you are finally granted the credit card.
If you are pre-approved for a credit card will you get it?
There is only one problem or something that you should know about this credit card pre-approval and it is that it’s not a guarantee that you will get a credit card. Many people think that getting a pre-approval letter means they have already gotten it but it’s not so. It does not guarantee you get one neither does it increase your chances.
Once you get one of these letters is just to tell you that You have met some of the needs and criteria for you to become a cardholder. In order for card companies to offer you a credit card, your credit card history needs to be examined when that is done and you Pass companies cannot send you pre-approval letters.
Before you rush and fill out the letter it’s important for you to check your credit card history by enlisting the help of a card checking company. This is done so that you will be able to know the kind of credit card if any you can get from the card company.
Banks That Have Pre-Qualified or Pre-Approved Offers Online
To make things easy for you we have taken the time to list out some of the banks and Their pre-approved credit cards for you to see. These are some of the best credit cards so do check them out:
- Chase Freedom Unlimited®.
- Discover it® Cash Back.
- Capital One Venture Rewards Credit Card.
- Blue Cash Everyday® Card from American Express.
- BankAmericard® credit card.
- Capital One Platinum Secured Credit Card.