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Established Contributor
plasticguy
Posts: 563
Registered: ‎02-21-2008
0

Does An Invitation mean Pre Approved?

I have an invitation code to apply for the Citi Dividend card with 0% for 18 months and was wondering was it a pre approval or just an invitation to apply?
Regular Contributor
unlucky_hove
Posts: 148
Registered: ‎05-21-2010
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Re: Does An Invitation mean Pre Approved?

Nope, it is not a pre-approval. Unless it specifically states that its pre-approved offer of credit then its just an invitation, and even then there is no guarantee you will be approved.

New Member
abercrombie9701
Posts: 3
Registered: ‎03-24-2011
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Re: Does An Invitation mean Pre Approved?

I started getting these Invitiations sinceI started rebiulding my credit.The last one was for HSBC. I applied and got a $400 limit. My only other card is a $250 sercured card from Cap One

Senior Contributor
Wolf3
Posts: 3,197
Registered: ‎01-24-2010
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Re: Does An Invitation mean Pre Approved?


plasticguy wrote:
I have an invitation code to apply for the Citi Dividend card with 0% for 18 months and was wondering was it a pre approval or just an invitation to apply?

They are essentially the same.    Preapproval means "before approval" so it is essential an invitaion to apply.

Frequent Contributor
JMN
Posts: 321
Registered: ‎10-25-2009
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Re: Does An Invitation mean Pre Approved?


Wolf3 wrote:

plasticguy wrote:
I have an invitation code to apply for the Citi Dividend card with 0% for 18 months and was wondering was it a pre approval or just an invitation to apply?

They are essentially the same.    Preapproval means "before approval" so it is essential an invitaion to apply.


 

Not entirely. It depends on the bank's interpretation of the two terms.

Despite my employment in the banking industry, any and all views contained in this post are purely my own, and do not represent any financial institution, nor constitute as financial or investment guidance or advise.
Established Contributor
plasticguy
Posts: 563
Registered: ‎02-21-2008
0

Re: Does An Invitation mean Pre Approved?

Thanks for the info, I asked CS did they know I was already a cardholder with one personal and one business and was told no, so that tells me they did not do a soft pull before sending me the application.

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