topic Prescreened Offer in Credit Cards

Prescreened Offer

Anonymous — Fri, 22 Feb 2013 02:41:28 GMT

Received an offer from Citicard. There is a personal preselected number and a preselected application form is attached. Is it a preapproved offer? Can anyone help?

Re: Prescreened Offer

Anonymous — Fri, 22 Feb 2013 02:42:56 GMT

Yes it is a pre approval. Typically anything with an invitation number is a pre approval (:

Re: Prescreened Offer

Simply827 — Fri, 22 Feb 2013 04:11:02 GMT

@Anonymous wrote:
Yes it is a pre approval. Typically anything with an invitation number is a pre approval (:

Is that true for all card lenders or just Citi?

Re: Prescreened Offer

Simply827 — Fri, 22 Feb 2013 04:13:10 GMT

I got one from Citi today too. I just looked again and it indeed has an invitation number. But it says "pre-selected" and that sounds iffy to me. If something says "pre-approved I'll be more likely to bite.

Re: Prescreened Offer

Anonymous — Fri, 22 Feb 2013 04:16:12 GMT

@Simply827 wrote:
I got one from Citi today too. I just looked again and it indeed has an invitation number. But it says "pre-selected" and that sounds iffy to me. If something says "pre-approved I'll be more likely to bite.

I believe "pre-selected" is the same thing as "pre-approved". I got the same thing for American Express in the mail. Also for Citi Thank You Preferred.

Re: Prescreened Offer

Simply827 — Fri, 22 Feb 2013 04:20:10 GMT

@Anonymous wrote:
@Simply827 wrote:
I got one from Citi today too. I just looked again and it indeed has an invitation number. But it says "pre-selected" and that sounds iffy to me. If something says "pre-approved I'll be more likely to bite.
I believe "pre-selected" is the same thing as "pre-approved". I got the same thing for American Express in the mail. Also for Citi Thank You Preferred.

Good to know. Thanks.

Re: Prescreened Offer

myjourney — Fri, 22 Feb 2013 04:24:11 GMT

I could be wrong and someone correct me if i am but pre-selected is a higher chance of approval VS pre-approved

Pre-selected has the terms in it which allow you to opt out offers 65-35%

Pre-approved 50/50%

Re: Prescreened Offer

Anonymous — Fri, 22 Feb 2013 04:34:04 GMT

i got 2 pre-selected = bye

and 3 pre-approved = approved

so what is better?