"Tell us about yourself and see what offers are available"

For just about anything you want to get off your chest about credit cards.
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pswinontario
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"Tell us about yourself and see what offers are available"

Postby pswinontario » Thu Apr 23, 2015 10:10 pm

Is it really a good idea to check a pre qualified offer online?

I mean citicards.com website has an option to check a pre qualified offer.

I says it'll only take a minute and it will not impact your credit score.


Thanx


Vermonster
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Re: "Tell us about yourself and see what offers are available"

Postby Vermonster » Fri Apr 24, 2015 4:05 pm

From what I have seen Pre-quals have 0 impact in any way. The only thing I have seen so far that holds any merit is that if your given a range on the APR it is nothing more than an advertisement. If you are given an actual APR then it only slightly increases your chances of getting approved.
Chase Freedom $9k~~Chase Sapphire Preferred $6.5k~~Amex Blue Cash Preferred $12.4k~~Citi Double Cash $4.7k

darkguy2
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Re: "Tell us about yourself and see what offers are available"

Postby darkguy2 » Fri Apr 24, 2015 4:31 pm

No it will not hurt you in any way checking for these offers. It even tells you as much when it asks for your SSN.
Discover IT - $5,700
Chase Freedom - $5,700
Costco Citi - $13,000
Sallie Mae - $4,000
Chase Sapphire Preferred - $6,000
Chase Sapphire Reserve - $19,500
Citi Double Cash - $6,500
Amex BCE - $13,000

FICOs: Discover (777), SallieMae (764), Amex (767), Citi (772)
FAKOs: CK- TU (760), EQ (760)

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lobbythis
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Re: "Tell us about yourself and see what offers are available"

Postby lobbythis » Fri Apr 24, 2015 9:01 pm

darkguy2 wrote:No it will not hurt you in any way checking for these offers. It even tells you as much when it asks for your SSN.


Yea...I thought this was pretty obvious. They make sure to have a big disclaimer on every lenders' page.

darkguy2
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Re: "Tell us about yourself and see what offers are available"

Postby darkguy2 » Fri Apr 24, 2015 11:42 pm

I am also pretty sure you have to check a box saying you understand that.
Discover IT - $5,700
Chase Freedom - $5,700
Costco Citi - $13,000
Sallie Mae - $4,000
Chase Sapphire Preferred - $6,000
Chase Sapphire Reserve - $19,500
Citi Double Cash - $6,500
Amex BCE - $13,000

FICOs: Discover (777), SallieMae (764), Amex (767), Citi (772)
FAKOs: CK- TU (760), EQ (760)

takeshi
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Re: "Tell us about yourself and see what offers are available"

Postby takeshi » Mon Apr 27, 2015 9:03 am

pswinontario wrote:Is it really a good idea to check a pre qualified offer online?

I don't recommend relying on them. Prequals and offers are just marketing. Don't let a creditor's marketing decide the cards that you apply for. Define your needs/wants and use that to find cards that suit you.

oldsoldier
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Re: "Tell us about yourself and see what offers are available"

Postby oldsoldier » Mon Apr 27, 2015 10:44 am

takeshi wrote:I don't recommend relying on them. Prequals and offers are just marketing. Don't let a creditor's marketing decide the cards that you apply for. Define your needs/wants and use that to find cards that suit you.


I agree but I do think a lot of folks just want to be approved not really thinking about the benefits of the card. I know starting out alot of people don't have the luxury of picking and choosing the right cards. They find you.
BoA Cash Rewards $13,000
Chase Sapphire Preferred $14,000
BoA Better Balance $12,000
Amex Every Day $24,000
Discover It $17,000
NFCU Platinum Visa $25,200
Barclay Arrival WMC $10,000
Cap One QuickSilver WMC $6,200
WF Cash back Visa Sig $11,000
Citi Thank You Premier $11,600



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