You should be aware that you can verify pre-approved and pre-qualified credit card offers that arrive in the mail, even if they appear specialised. These offers can be excellent possibilities, but they must not be overlooked. Many banks’ portals enable you to verify your pre-qualified or pre-approved card offers immediately. Visit the websites of big banks to uncover these offers and understand what to anticipate while looking for pre-qualified deals.
Difference between Pre-qualified and Pre-approved Credit Cards
When promoting their goods to potential clients, credit card firms frequently use the terms “pre-approved” and “pre-qualified.” Banks use soft pulls, which have no impact on your credit score, to gather data on your eligibility for their credit card offerings. They may target you with adverts claiming that you are “pre-qualified” for their items if they like what they see based on a mild pull. Pre-approved offers typically appear when you grant the bank permission to retrieve a physical copy of your credit report. This provides the bank access to all of the specific details in your credit profile and has an impact on your credit score.
When promoting their goods to potential clients, credit card firms frequently use the terms “pre-approved” and “pre-qualified.” Banks use soft pulls, which have no impact on your credit score, to gather data on your eligibility for their credit card offerings. They may target you with adverts claiming that you are “pre-qualified” for their items if they appreciate what they see based on a mild pull. Pre-approved offers typically appear when you grant the bank permission to retrieve a physical copy of your credit report. This provides the bank access to all of the specific details in your credit profile and has an impact on your credit score. If you have a long-standing connection with a bank or have just recently requested credit and the bank, you may also be eligible to receive pre-approved offers.
Top Credit Card Pre-approvals Issuers
Below is a quick rundown of the card companies and platforms that we think provide the best credit cards, plus the info you need to know to find out what cards you’re eligible for or pre-approved for.
Banks That Have Pre-qualified or Pre-approved Offers Online
The following are the most prominent banks that let you instantly check your pre-qualified or pre-approved deals online!
- CardMatch – CardMatch is an excellent resource for locating pre-qualified deals from a variety of banks, including American Express. It requires fundamental personal data and the last four digits of your Social Security number as a one-stop shop. CardMatch provides possible pre-qualified card offers from banks such as American Express, Bank of America, Capital One, Chase, Citi, Discover, U.S. Bank, and Wells Fargo once you submit your data.
- Capital One – On its home page, Capital One lists a few pre-qualified credit cards. Take the Capital One quiz, which requires providing your complete Social Security number, to see if you are pre-qualified. Although it could appear that this is a hard draw on your credit report, pre-qualification usually just requires a mild pull. If you choose to register for one of Capital One’s credit cards, a hard draw will be made on your credit, as noted in the disclaimer. Because of its premium credit facilities and perks, the Capital One Venture X card is our favourite Capital One Card. The card allows miles to be transferred to Capital One’s transfer partners and earns 10x miles on lodging, 5x miles on travel, and 2x miles on other transactions. It also provides free lounge access, a $300 yearly travel credit, a credit for TSA PreCheck/Global Entry, and 10,000 bonus miles on the account anniversary yearly.
- American Express – On the home page, American Express offers personalised offers, allowing clients to pick between personal, small business, and corporate cards. Featured Cards offer a limited number of credit card offerings that are not personalised. Users must give basic information, such as their identity and Social Security number, to get personalised offers, and American Express will automatically develop personalised offers. Current card members are not required to provide this data if they are already registered. The front page also features existing cards and provides specialised alternatives such as travel cards, cash-back cards, and no-annual-fee cards. The American Express Amex Platinum Card comes with a comprehensive range of travel privileges, including airport lounge access, Lufthansa Lounges, Delta Sky Clubs, and several annual statement credits. It also includes credit for Global Entry or TSA PreCheck, elite status benefits, and superior travel and purchase protections. Some advantages require enrollment, but they give excellent long-term value to regular travellers.
- Celtic Bank – The Indigo Platinum Mastercard has a pre-approval method for its credit card products, which allows customers to see if they are approved without affecting their credit score.
- Chase – Chase has a plethora of credit card deals, particularly for travel rewards cards, but locating specialised pre-qualified offers might be difficult. As a Chase user, you may easily access specialised offers by logging into your account and selecting “Your Offers or Just for you.” The green checkmark shows that you are pre-qualified. To receive pre-approved offers if you are not a Chase customer, you must visit a specialised website and enter basic information. While pre-approved offers may not be accessible at this time, it is important that you check back periodically to ensure they are updated. This information enables Chase to perform a soft credit pull on you without harming your credit score. The Chase Sapphire Preferred card earns 5x points on travel purchases made through Chase Ultimate Rewards and Lyft, 3x points on dining, digital supermarkets, and streaming services, and 2x points on international travel. It also provides transfer partners, a $50 yearly hotel credit, a 10% bonus point boost, and travel insurance.
- USAA – USAA provides rewards credit cards primarily to service members and their families. These cards are mostly focused on cashback and USAA Rewards. Specific conditions must be satisfied in order to become a member, and pre-qualified offers are only offered to members.
- Wells Fargo – Wells Fargo provides pre-qualified offers via the Offers tab, but potential clients are not able to see them. Existing clients must log in and click the tab to access these deals.
- Bank of America – Bank of America’s website offers personalised deals on its top page, allowing customers to access a broader drop-down menu of various credit cards. A box on the right side allows for customised deals in under 60 seconds. Customers can access personalized offers by logging in and selecting their desired card. Non-customers must submit personal information to request specialized credit cards based on their preferences and creditworthiness. The Bank of America Premium Rewards card is a great choice for rewards, offering 2x points on travel and dining purchases and 1.5x points on all other transactions. Preferred Rewards members can increase their rewards by 25% to 75%. The card also includes a $100 yearly airline incidental statement credit and a statement credit for Global Entry or TSA PreCheck, providing excellent travel and purchase safeguards.
- Citi – Citi’s home page features pre-qualified offers that require your name, address, Social Security number, and preferred credit card type. Citi will deliver personalised offers without affecting your credit score if you complete a questionnaire. If you receive a pre-qualified offer in the mail, you can apply for it by entering the invitation number on Citi’s homepage, which will generate a personalised credit card application. The Citi Premier card earns 3x points at petrol stations and hotels, as well as access to Citi transfer partners, a $100 yearly hotel savings incentive and no international transaction fees.
- Credit One – Credit One is a one-of-a-kind credit card firm that specialises in offering services to those with poor credit. It provides a wide range of products, including as credit cards, travel rewards cards, and Social Security benefits. To see if a Credit One credit card is suited for you, go to the company’s website and see if you have any pre-qualified offers. However, submitting the pre-qualification questionnaire acknowledges that Credit One may share your information with third parties and requires your full Social Security number. Despite these limitations, Credit One’s products and services are meant to assist you in building or improving your credit.