Miami Family Mag

Posted By MaryMiranda on July 29, 2011

I received a surprise in my mailbox today, a colorful and definitely catchy envelope that I tore open rather quickly and from inside the envelope fell two pre approved credit card offers, supposedly for me and my wife. I have not used a credit card for the last two years and I have been living plastic-free ever since and paid cash for all my family’s purchases. To help finance for our romantic wedding at Hawaii, memorable honeymoon stay at the Caesars Palace in Vegas and appliances and furnishings for our house in Orange County, California, at that time , I had a Visa credit card from US Bank with a $75,000 credit limit. I had to apply for that credit card by filling out an online form at the US Bank website back then, and had to wait weeks before my credit card application was approved so I wondered how I became to be pre-approved for a credit card.   The issuing bank has my personal information which they based my approval on, like my previous credit standing with US bank, credit limit, preferred merchants, actual merchants that I used the credit card at, this is what I found out about a pre-approved credit card. All I need to do is to fill out the form, send it back to the issuing credit card company – postage free – and wait for the final approval for my card, according to the literature that came with the credit card offer. Luckily, I had a good credit card standing with US Bank and I read and keep all my credit reports so I know that I am likely to get approved. This new credit card issuer offered a lower interest rate than my previous credit card and also offered several perk such as access to select concerts and major sports events.

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