US Bank Platinum BT offer via mail and email - is it a pre-approval ?

[4sallypat]

Got an email and snail mail flyer to app for the US Bank Platinum Visa.

Interested due to the 21 month BT offer.

I have 2 other USB products: Cash+ & Business Platinum.

Plus Savings account.

Is this a pre-approval and is it worth the HP for this product  ?

[Cowboys4Life]

I also have the Cash+ card, no bank account but USB does service my mortgage.  I got the same email but mine said pre-approved.  I pulled the trigger and got the card with a good SL with no hard pull.  I thought it was worth it for the balance transfer.  If the email says pre-approved I say why not for almost 2 years of 0% interest.

[4sallypat]

Thanks for your experience, application says "pre selected"....

[Cowboys4Life]

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@4sallypat wrote:

Thanks for your experience, application says "pre selected"....

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"Pre-selected" is a marketing email and will involve a hard pull.  If you have no other credit goals or plans then a hard pull is probably worth it for the almost 2 years of 0% interest.  If you have other plans then I would say pass on it if you are uncertain your profile will qualify.

[cashorcharge]

You are not preapproved for their card

[Polly34]

 I had been banking with them for3 years before they finally approved me with my 3rd pre approved mailer. 2 previous denials. I was around 750 0/12 0/12 when they approved me along with 3 other USBank card in the next 4 months.   

 I tried on their website with the pre approval with the reserve and was denied with a 750 0/8. 2/12 accounts. 0/8 6/12 inquires.  Not sure if their website pre approval is more reliable or the same. 

[4sallypat]

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@Polly34 wrote:

 I had been banking with them for3 years before they finally approved me with my 3rd pre approved mailer. 2 previous denials. I was around 750 0/12 0/12 when they approved me along with 3 other USBank card in the next 4 months.   

 I tried on their website with the pre approval with the reserve and was denied with a 750 0/8. 2/12 accounts. 0/8 6/12 inquires.  Not sure if their website pre approval is more reliable or the same. 

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So you have 4 cards thru USB ?

Which products do you have ?

[Polly34]

Platnium $13,500 (10-22) Shoppers $15,000 (11-22) GO $16,500 (1-23) State Farm $15,000 (2-23)   I tried for a 5th a couple months later and got a letter stating 60k total was the max. $105k a year salary. 

[MitchDeerfield]

This card has no benefits except for the Balance Transfer offer.  They used to charge a  3 percent BT fee.  Now it is 5 percent!  Fail.

Go with Citi Simplicity instead.