I received a WAMU Visa pre-approved offer so I figured I'd call and see what it was about. Well I completed the app and after I made my card color selection and xferred a balance the rep said it would take approx. 3 weeks for me to find out if the card is approved. So I don't get the "pre-approved" wording of the actually letter I received. Anyway, have anyone else responded to one of those pre-approved mailers and did you get an instant decision or did you get the "it'll be 3 weeks" response from the rep?
I got an instant approval, although it is not uncommon to have to wait on a decision. It doesn't mean anything one way ro the other as far as approval or denial.
One thing to keep in mind about preapproved offers is that there really is no such thing. The word "preapproved" does not mean you have been approved before you apply, it means you have been "approved to apply," if that makes sense.
Good luck, and let us know how it goes!
---------------------------- App free since 7/11/08. TU 744 / EX 710 / EQ 694 (Starting to slip. )
Thank you so much. I did call and I was approved. So I'm done now with the apping thing. This week I closed on my home, open a Target Visa acct, and approved for a pre-approved WAMU Plat Visa. Yep, I'm done...my score will probably be 400 when all this stuff hits my reports. That's fine though, I'll go do the gardening thing now.
I also received the WAMU pre-approval last week and applied a couple days ago. I received an instant approval for $2,000. Pretty excited about that. My largest TL right now. I also took advantage of the BT offer.