topic Re: Home Depot Mailer in Credit Card Applications

Home Depot Mailer

Anonymous — Sat, 24 Oct 2020 05:42:57 GMT

Got a letter in the mail from Home Depot (Citi) stating i've been pre-selected to apply with a reference number. The bottom of the page states the apr range can go from 17.99% to 26.99% but when I flip it over to the consumer credit disclosures it gives me a direct 17.99% APR. Does this give high indications of an approval?

I don't really need this card, or really like the offerings.. Lowes is way better. But would like to just know for now & future reference if I should ever get this mailer again and have a change of card status.

Thanks.

Re: Home Depot Mailer

FinStar — Sat, 24 Oct 2020 06:00:38 GMT

It's simply a marketing/invite offer, regardless of any code or reference # inclusive of the opt-out language. Alternatively, a better method to gauge the odds for a potential approval is to use the pre-qualifying portal at the Home Depot website for the card.

Re: Home Depot Mailer

Anonymous — Sat, 24 Oct 2020 06:14:43 GMT

@FinStar wrote:
It's simply a marketing/invite offer, regardless of any code or reference # inclusive of the opt-out language. Alternatively, a better method to gauge the odds for a potential approval is to use the pre-qualifying portal at the Home Depot website for the card.

Good call

Re: Home Depot Mailer

FinStar — Sat, 24 Oct 2020 06:17:20 GMT

@Anonymous wrote:
@FinStar wrote:
It's simply a marketing/invite offer, regardless of any code or reference # inclusive of the opt-out language. Alternatively, a better method to gauge the odds for a potential approval is to use the pre-qualifying portal at the Home Depot website for the card.
Good call

And, if you wanted your own Lowe's CC (unless you're content as an AU), Lowe's just recently introduced a pre-qualification tool on their website under the Lowes CC section.