How do Pre-Approved Cards Work?
There is a lot of change in the way pre-approved cards work. At one point of time, credit card issuers had to guarantee you a credit card if they pre-screened in your name with one of the 3 credit bureaus. What this implied was that, they couldn't deny giving you a credit card unless something drastic, in the order of your filing bankruptcy, happened in the meanwhile. But there are new laws in place now and the way you get pre-approved cards has changed too.
Now, credit card issuers can ask for extra qualifications before those applying for credit cards can receive their credit card. In simpler terms, credit card issuers are allowed to do a second screening even after the card applicant accepts the credit card offer. This implies that, pre-approved credit cards are not cards where you will be given the card for sure. Instead these are cards, where you have cleared the first test, but may or may not clear the second. However, if you don't feel comfortable with your credit file being reviewed for such offers you can call one of the credit bureaus and block the review. The bureaus share information amongst themselves; so call to one bureau would suffice.
