takeshi wrote:It does not. Don't rely on prequals, preapprovals, offers, etc. I wasn't prequal'ed for any of my cards. These are all really just marketing and none them guarantee approval or denial.
You should, instead, read up on assessing credit and review your reports and then use that to decide when to apply.
100% in agreement here and that's been my experience too. None of the cards in my sig I was ever "prequalified" for. I just cold apped for them and really paid attention to whether these were cards that the CC companies were trying to market as much as possible or by checking sites like Credit Pulls and Credit Karma to see how my stats were compared to other people who got approved for said card. It hasn't always been perfect but really quite helpful in making my decisions.