What does 'Pre-Approved' for a credit card mean?

Question

Does that mean I will get it?.. Is it better then being 'Pre-Qualified'?

Answer 1

Basically the credit card company wants you to apply for their credit card and chances are that you would get it. I get tons of pre approved credit card offers even tho I have three myself.  

Answer 2

it means in a quick look at your credit they think they'll approve you, but when they look at application they might find something and not approve you

better but about the same

Answer 3

If you have bad credit read the fine print very carefully.  You could get a 250 limit and about 180 of fees, in addition to a monthly "service" charge of 6 or 7 dollars.

If you have good credit chances are you will get the card and a nice but low limit.

Answer 4

i think it is all advertisment from banks... i get them by the toe every day in my junkmail, i live in russia and get pre approved card invitations from the usa, uk and even germany, just because they got my address from somewhere.

i like to go to my bank, talk to a PERSON who can explain to me what i want and than i deceide what i take, a credit or debit card.

and if yo uget just a pre approved card, make sure that the fees and charges are not higher than your withdrawal or charge limit..