How to Get Pre-Approved for a Citi Credit Card

If you are interested in a Citi credit card, you may be able to check if you are pre-approved before applying. Although you may receive a pre-approved application from Citi by mail, you can check your ratings online. Credit card pre-approvalor prequalification, can help you understand your chances of getting approved for a Citi card.

What is credit card pre-approval and how does it work?

Pre-approval usually means that a credit card issuer has matched some of your basic financial information, such as your credit score and payment history, with one of their credit card offers. Pre-approval usually occurs after a soft credit check or a cursory check of your financial information, and does not affect your credit score.

You may submit information yourself to see if you are pre-approved for a credit card, or credit card issuers may choose to apply for credit without your permission. Either way, pre-approval offers are meant to encourage you to apply.

That said, a pre-approval does not guarantee approval, but it does indicate that you have a good chance. This can help you understand if it’s worth submitting yourself (and your credit score) to a formal inquiry.

To actually be approved for a credit card, you will need to submit an official application with more detailed information, including your social security number, income, and monthly rent or mortgage payments. You will also be subject to a rigorous credit check, which will temporarily reduce your credit score by a few points.

What is the difference between pre-approval and pre-qualification?

Some credit card issuers will use “pre-qualification” and “pre-approval” interchangeably, but in general, pre-approval means a higher chance of becoming a cardholder than pre-qualification.

Pre-approval may indicate that the credit card issuer has worked with one of the major credit bureaus – Equifax, Experian and TransUnion – to verify whether you are a match for one of their cards, which could mean that it has more information and therefore leads to you having a higher chance of being approved.

How to Get Pre-Approved for a Citi Credit Card

Citi makes it fairly easy to see whether or not you’re pre-approved for one of its credit cards. You can head to Citi’s pre-approval tool to see if you are likely to qualify.

You will need to provide your name, email address, address, the last four digits of your social security number, and the type of credit card you are interested in. Again, this will only result in a cursory credit inquiry that won’t affect your credit score at all.

If you are pre-approved and wish to submit an application, you will be subjected to a rigorous credit check which will temporarily reduce your credit score by a few points.

Citi will likely get back to you instantly with its decision, unless it requires clarification or additional information. Remember that if you are pre-approved, it does not guarantee approval – it just means that you have a high probability of your application being accepted.

The bottom line

Pre-approval or pre-qualification offers can be a good way to apply with more confidence or avoid unnecessary damage to your credit.

Most credit card issuers, including Citi, offer to check if you’re pre-approved for their cards. You can either check online with the issuer or call them directly. Otherwise, you can find pre-approval offers in your email or mailbox.

You can also be pre-approved for any type of credit card from any other issuer. There are a wide variety of credit cards to choose from Town, Bank of America, American Express, Capital one and Discover. Find the one that best suits your lifestyle and check for pre-approval before applying.

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