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Is This a Pre-approved Offer or Just Marketing?

Beast26
Frequent Contributor

Is This a Pre-approved Offer or Just Marketing?

I've never gotten an email from chase about getting a card before and they sent me an email asking if I was still interested in the freedom unlimited and said I would need to apply before June 21st or the offer expires.  Should I take or leave it?  I just got the Walmart card in April and that makes me 7/24.  Does this mean I would be approved through the back door of the 5/24 rule?  I was planning on getting this card later so I could combine the limit after a year to make my freedom flex limit bigger.  However, I was in the middle of gardening for US Bank in December.  What should I do?  Is this how getting around 5/24 works?Screenshot_20210607-084949.png

 





Revolving history: 1 year 7 months across the board
AAoA:
TU: 5yrs 10months
EX: 2yrs 2 months
EQ: ~5yrs 6 months
Inquiries: Ex: 1/12. EQ: 1/12 Tu: 1/12
As of 10-5-2020

Fingerhut $500
Quicksilver $600
Discover It Miles $13,000
Chase Freedom Flex $3,200
Amazon Prime Store Card $6000
Walmart MC $2,000

Message 1 of 14
13 REPLIES 13

Re: Is This a Pre-approved Offer or Just Marketing?

That looks like marketing to me. 

I don't trust things to be pre-approvals unless it actually has the words "pre-approved" in the email or letter.

Message 2 of 14
Beast26
Frequent Contributor

Re: Is This a Pre-approved Offer or Just Marketing?

Ok thanks!  I will treat it as such and delete it.





Revolving history: 1 year 7 months across the board
AAoA:
TU: 5yrs 10months
EX: 2yrs 2 months
EQ: ~5yrs 6 months
Inquiries: Ex: 1/12. EQ: 1/12 Tu: 1/12
As of 10-5-2020

Fingerhut $500
Quicksilver $600
Discover It Miles $13,000
Chase Freedom Flex $3,200
Amazon Prime Store Card $6000
Walmart MC $2,000

Message 3 of 14
babygirl1256
Valued Contributor

Re: Is This a Pre-approved Offer or Just Marketing?

It looks like marketing to me also as it doesn't reflect "pre-approved" . . . I would continue to stay in the garden for US Bank in December.

Starting FICO 8 Score in 06/2019: EQ-625, TU-649, EX-640
Current FICO 8 Score in 06/2021: EQ-796, TU-806, EX-812
Goal FICO 8 Score in 06/2022: EQ-825, TU-850, EX-850
Message 4 of 14
SouthJamaica
Super Contributor

Re: Is This a Pre-approved Offer or Just Marketing?


@Beast26 wrote:

I've never gotten an email from chase about getting a card before and they sent me an email asking if I was still interested in the freedom unlimited and said I would need to apply before June 21st or the offer expires.  Should I take or leave it?  I just got the Walmart card in April and that makes me 7/24.  Does this mean I would be approved through the back door of the 5/24 rule?  I was planning on getting this card later so I could combine the limit after a year to make my freedom flex limit bigger.  However, I was in the middle of gardening for US Bank in December.  What should I do?  Is this how getting around 5/24 works?Screenshot_20210607-084949.png

 


I can't tell you whether to take it or not.  But I can tell you it's not a preapproval.

 

You can check on the site for your preapprovals.

 

And you can check at a branch.


Total revolving limits 678000 (585000 reporting) FICO 8: EQ 745 TU 750 EX 719

Message 5 of 14
JamP
Valued Contributor

Re: Is This a Pre-approved Offer or Just Marketing?

I always look for a set apr (the lower the better) if no set apr then most are just marketing.

 

That looks like marketing.

250k+ CL and climbing.
Message 6 of 14
Beast26
Frequent Contributor

Re: Is This a Pre-approved Offer or Just Marketing?

I just checked my email and they just sent me an actual preapproval today.  It says I'm preapproved this time!  This is my first approval I've ever gotten from a prime bank!  I won't take the offer but I am definitely glad that these prime banks are starting to look at me now.  





Revolving history: 1 year 7 months across the board
AAoA:
TU: 5yrs 10months
EX: 2yrs 2 months
EQ: ~5yrs 6 months
Inquiries: Ex: 1/12. EQ: 1/12 Tu: 1/12
As of 10-5-2020

Fingerhut $500
Quicksilver $600
Discover It Miles $13,000
Chase Freedom Flex $3,200
Amazon Prime Store Card $6000
Walmart MC $2,000

Message 7 of 14
1GaDawg85
Valued Contributor

Re: Is This a Pre-approved Offer or Just Marketing?

Looks like marketing to me 



FICO 5 ,4, 2 - 7/2021

FICO 8 - 7/2021

FICO 9 - 7/2021


Message 8 of 14
Beast26
Frequent Contributor

Re: Is This a Pre-approved Offer or Just Marketing?

I got this one today.  Looks like they are really trying.Screenshot_20210609-182430.png

 





Revolving history: 1 year 7 months across the board
AAoA:
TU: 5yrs 10months
EX: 2yrs 2 months
EQ: ~5yrs 6 months
Inquiries: Ex: 1/12. EQ: 1/12 Tu: 1/12
As of 10-5-2020

Fingerhut $500
Quicksilver $600
Discover It Miles $13,000
Chase Freedom Flex $3,200
Amazon Prime Store Card $6000
Walmart MC $2,000

Message 9 of 14
Beast26
Frequent Contributor

Re: Is This a Pre-approved Offer or Just Marketing?

I logged into my chase account today and they are practically offering all their cards to me all with a set apr and everything.  Says I'm pre-approved for each chase card!  I don't need any of them but it's nice to know that my credit is this good.  Took me near 2 years to get to this point.





Revolving history: 1 year 7 months across the board
AAoA:
TU: 5yrs 10months
EX: 2yrs 2 months
EQ: ~5yrs 6 months
Inquiries: Ex: 1/12. EQ: 1/12 Tu: 1/12
As of 10-5-2020

Fingerhut $500
Quicksilver $600
Discover It Miles $13,000
Chase Freedom Flex $3,200
Amazon Prime Store Card $6000
Walmart MC $2,000

Message 10 of 14
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