topic Re: Why Do I Get Solicitations For Cards I Already Have? in Credit Card Applications

Why Do I Get Solicitations For Cards I Already Have?

Lauraist — Tue, 07 Dec 2021 19:31:30 GMT

It seems every pre-approved or pre-selected application I get in the mail always comes at least twice, usually a week or two apart. Also, I often get one after I already responded to the first one, whether I was accepted or approved, and even if I already have their card! (Note: I mean long enough after the decision that it's not likely to have been sent out beforehand.) Why does this happen? Do other people have this issue? It seems like a waste to me. Maybe if the CC issuers didn't do this, they could give us all a 0.01% APR break and still make the same profits, LOL!

Re: Why Do I Get Solicitations For Cards I Already Have?

FinStar — Tue, 07 Dec 2021 20:07:34 GMT

Not an issue for me. I shred & recycle them 🤷‍♂️

Often times some lenders can allow 2 of the same product, regardless whether you already have one. Moreover, a variety of these solicitations are not sent directly from the lender, but rather a third party entity that is provided with preliminary data to generate some of these marketing offers. Unfortunately, no cross-check is usually performed on plenty of them which is why you receive them multiple times.

Re: Why Do I Get Solicitations For Cards I Already Have?

SoCalGardener — Tue, 07 Dec 2021 21:28:55 GMT

@Lauraist wrote:
It seems every pre-approved or pre-selected application I get in the mail always comes at least twice, usually a week or two apart. Also, I often get one after I already responded to the first one, whether I was accepted or approved, and even if I already have their card! (Note: I mean long enough after the decision that it's not likely to have been sent out beforehand.) Why does this happen? Do other people have this issue? It seems like a waste to me. Maybe if the CC issuers didn't do this, they could give us all a 0.01% APR break and still make the same profits, LOL!

I find it annoying, but I treat them the same way @FinStar does: shred 'em and forget 'em!

I actually understand *why* they do it, i.e., you can have more than one of the same card--just look at some members' signatures, and you'll see duplicates or triplicates (or more) of the same card in their collection. But I don't like having multiple of the same card, so these mailings/offers/notices annoy me. In the scheme of things, though, it's really not a big deal.

Re: Why Do I Get Solicitations For Cards I Already Have?

Anonymous — Tue, 07 Dec 2021 21:33:45 GMT

I went for the mail today and I have four pre approved mailers. Figures, I went into the garden last month. I opened them and threw them in the garbage. I am determined to stay in the garden for the next 23 months. Two of them as said up thread I have those cards so they are sending me them again anyway LOL

Thanks

Mark

Re: Why Do I Get Solicitations For Cards I Already Have?

Steveo777 — Fri, 10 Dec 2021 00:34:17 GMT

I had just gotten a Mercury card, immediately post BK7, with a $3K SL. Two weeks later I got a mailer telling me I was preapproved for $3500. I called and was put on hold for about 20 minutes before I hung up. I was gonna ask them if I could have a second card, then I hung up and figured I'd better not rock the boat. I shredded the app. lol

Re: Why Do I Get Solicitations For Cards I Already Have?

dragontears — Fri, 10 Dec 2021 00:58:09 GMT

@FinStar wrote:
Not an issue for me. I shred & recycle them 🤷‍♂️

Often times some lenders can allow 2 of the same product, regardless whether you already have one. Moreover, a variety of these solicitations are not sent directly from the lender, but rather a third party entity that is provided with preliminary data to generate some of these marketing offers. Unfortunately, no cross-check is usually performed on plenty of them which is why you receive them multiple times.

This. Plus these 3rd parties take many weeks from receiving their mailing lists to when you receive the mail and they are not privy to a lender's list of recently approved customers so that is why you still receive invitations for cards you were approved for 2 weeks ago.

Re: Why Do I Get Solicitations For Cards I Already Have?

805orbust — Sun, 12 Dec 2021 13:47:45 GMT

My short answer for stuff like this is "One hand doesn't know what the other is doing." The marketing department has no clue, they just market. I keep it moving unless it says "Pre-Approved" in which case I'll glance at it before shredding 🙂