Credit Cards Center Credit cards from our partners
Reply
Moderator Emeritus
Posts: 4,470
Registered: ‎12-31-2008
0

Re: US Bank "pre-qualified" vs. "pre-selected"

[ Edited ]

illtakecreditforthat wrote:

Today, received a "pre-selected" letter from them.  The second letter mentions my status as an "excellent banking customer".


DH also received the "PRE-SELECTED" letter.  Small print at the bottom indicates "You have been pre-selected based on your account relationship with U.S. Bank."

 

We've had joint checking & savings along with overdraft with them for 7 years (and automatic deposit).  For awhile last year, we were getting regular phone calls inviting us to apply to credit products.

 

There have never been softs on either of our reports - I doubt that our FICO reports would qualify for their products - so we are waiting til next year before we app with them.  Their cards are high on our "wanna-have" list.

 

(Just read the fine print on the back: Your exact credit limit will be determined by the income reported on your Acceptance Certificate.  We may, however, obtain information from credit bureaus to determine the exact amount of credit that you are qualified to receive.  We may also obtain credit reports from time to time to determine your continued eligibility for credit.) So it appears that they haven't pulled credit, and filling out the app may or may not trigger a pull.

 

 

Message Edited by beamMEup on 09-03-2009 02:36 PM
Message Edited by beamMEup on 09-03-2009 02:37 PM
Just puttin' syrup on something, don't make it pancakes.
Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
† Credit cards for FICO Score ranges: The score ranges are guidelines based on actual applicant approvals and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.