An invite every week ...

All about Discover & Diners Club - talk about their credit card deals such as the More, Miles, Escape, and others.
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CarefulBuilder14
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Postby CarefulBuilder14 » Wed Sep 10, 2014 5:54 pm

So, related to this...

Does opting out prevent ALL of the ads from coming? What if I already have a checking or credit card account with that particular bank? Does that relationship give them permission to send ads to their existing customers?

To CapOne, I am a credit report, a zip code, and not much else. It stands to reason that opting out will prevent me from appearing on the next updated list they get from the credit bureaus.

To Chase, I am a checking, savings, and credit card customer in good standing. I don't get ads from them, but if they wanted to invite me to apply for a CSP, could they do so, even though I've opted out?
Wallet: Prestige CSP SchwabPlat Freedom It Hyatt SallieMae AAPlat
SD: Arrival BrooksBros BCE ED IHG
Letting new accounts cool off since May
Really not sure what I'll add next or when


luvbullmarkets
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Postby luvbullmarkets » Wed Sep 10, 2014 6:54 pm

I get bombarded constantly by Marriott and United. Most likely because I have a Marriott Rewards and United MileagePlus accounts.
Amex EveryDay, Amex BCE , Barclaycard Arrival+ WEMC, CSP Visa Signature, Discover it, Wells Fargo Propel 365 Amex

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CarefulBuilder14
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Postby CarefulBuilder14 » Tue Sep 16, 2014 3:29 pm

CarefulBuilder14 wrote:To Chase, I am a checking, savings, and credit card customer in good standing. I don't get ads from them, but if they wanted to invite me to apply for a CSP, could they do so, even though I've opted out?


Does anyone know?
Wallet: Prestige CSP SchwabPlat Freedom It Hyatt SallieMae AAPlat
SD: Arrival BrooksBros BCE ED IHG
Letting new accounts cool off since May
Really not sure what I'll add next or when

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PlyrStar93
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Postby PlyrStar93 » Tue Sep 16, 2014 3:49 pm

CarefulBuilder14 wrote:Does opting out prevent ALL of the ads from coming? What if I already have a checking or credit card account with that particular bank? Does that relationship give them permission to send ads to their existing customers?

If you have relation then your name will be in their database, and they don't have to access credit bureau database to send ads.

From my experience, even though not bank, Comcast constantly sent out ad mails right after I signed up for their service. Surely that is not prescreened offer, and even though I opt out prescreen they will still send those ads.

AT&T also sent a lot of ads promoting their phone and Internet service, as I am a wireless customer.

But anyway, *theoretically* speaking, anyone can send ads to you, including banks. Those ads would not be prescreened from credit bureaus.

CarefulBuilder14 wrote:To Chase, I am a checking, savings, and credit card customer in good standing. I don't get ads from them, but if they wanted to invite me to apply for a CSP, could they do so, even though I've opted out?

I guess they can, but not quite sure. It is based on a similar case with Discover.

Discover once sent ads to me for their student loans, after I got the Discover it card. The ad was not a prescreened offer.

However, for CSP I only got one prescreened offer, and only once.

In practical, it may not be likely for banks to send credit card offers that are not prescreened by credit bureaus. Banks know about credit card business, so they still want to know at least some basic information about potential customers, including credit history. Being a good customer with one particular bank does not necessarily mean you are good with others. You may pay this bank on time but may not pay others on time, and then you are still a risk. It may already be a standard practice in the credit card industry to do prescreening.
Citi Forward Visa $5000 10/2012 | American Express Blue Cash Everyday $8000 2/2014 | Discover it $7000 5/2014
Chase Freedom Visa Signature $7000 6/2014 | Citi ThankYou Premier Visa Signature $5000 1/2015
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