Preselected question

[CreditRookie22]

Hi all, so I've been preselected to apply for a few cards. My question is if this means same as preapproved? They have an invitation number on it. Citi, discover, and amex are the companies.

[axledobe]

In most cases, 'preselected' with an invitation code is just an invitation to apply.  There seems to be many cases where folks get approved.  I asked this question a few days ago and the general consensus seems to be to go to their website and check for 'pre qualified' offers.  If  you see the opt out notice at the bottom of the page or, better yet, a specific APR quoted, that seems to be a solid offer from both Citi and Chase.  Discover and AMEX have pre qual links, too.  

I'd check those before I replied to mail offers.  Just my 2 cents.  

[Creditaddict]

---

@CreditRookie22 wrote:
Hi all, so I've been preselected to apply for a few cards. My question is if this means same as preapproved? They have an invitation number on it. Citi, discover, and amex are the companies.

---

In the mail?

which cards?

[CreditRookie22]

Yes mail. Citi dp, amex gold, disc. It.

[CreditRookie22]

Mine had a opt out notice as well and rate between 16-18 on the discover it

[axledobe]

---

@CreditRookie22 wrote:
Mine had a opt out notice as well and rate between 16-18 on the discover it

---

If that's a card that interests you, I'd double check their online prequalify site. If it confirms the offer and your EQ is in order, I'd pull the trigger. 

Good luck if you apply.