Credit Cards: Find the Right Offer For You & Apply Online - Bankrate (2024)

FAQs

What should you do if you get credit card offers you don t want in the mail? ›

According to a Federal Trade Commission (FTC) Consumer Report, credit bureaus provide a toll-free number (1-888-5-OPTOUT (567-8688) that consumers can call to opt-out of pre-approved credit offers. Alternately, you can visit the website and fill out an online form to opt out of the pre-screened offers.

If you frequently receive credit card offers in the mail, you're not alone. Card issuers do this to expand their customer base and reach a wider target audience. These are called prescreened offers as the company has identified you as a prime candidate for a card.

A credit score of about 700+ will likely qualify you for just about any credit card, including those with cash back rewards, lower annual percentage rates (APRs) and more. However, there are plenty of cards you can get with a score lower than this (more on that later).

Key takeaways. CardMatch is a safe, secure Bankrate tool that allows users to get preapproved for credit cards.

If you want to put a stop to the flow of offers coming through your mailbox, you can let the credit bureaus know that you're not interested by visiting OptOutPrescreen.com or calling 1-888-5-OPTOUT. (It also allows you to add back your name if you want to continue receiving the offers.)

You can't decline a credit card after being accepted, but you can always cancel your new credit card if you don't want the new account. Canceling a new credit line might be the right move if you're worried about going into debt you can't pay off.

These offers allow credit card issuers to expand their business and sell more products to customers they've already deemed eligible. You can ignore, accept or opt out of prescreened offers because it's ultimately a company trying to sell you something.

Call (888) 5-OPT-OUT (that is, (888) 567-8688) or visit OptOutPrescreen.com. If the solicitations are coming from a specific bank, call or write to the bank, requesting that it stop sending the solicitations. You can also contact your present creditors and ask to be placed on their "Do Not Solicit List."

If you receive a “pre-approved” credit card offer in the mail, it means the issuer has reviewed your credit information and decided that you meet at least some of their approval criteria.

What credit card approves everyone? ›

First Progress Platinum Elite Secured Mastercard: The First Progress Platinum Elite Secured Mastercard requires no credit history or minimum credit score for approval. Your security deposit is refundable, and the card is accepted nationwide.

What is the 5/24 rule? Many card issuers have criteria for who can qualify for new accounts, but Chase is perhaps the most strict. Chase's 5/24 rule means that you can't be approved for most Chase cards if you've opened five or more personal credit cards (from any card issuer) within the past 24 months.

Bankrate is a legitimate company that matches users with lenders. Bankrate started as the Bank Rate Monitor, a banking industry print publisher, in 1976 and is free to use. According to the company, over 100 million people use Bankrate each year. Where is Bankrate available?

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Founded in 1976 as the Bank Rate Monitor, a print publisher for the banking industry, Bankrate has a long track record of helping people make smart financial decisions.

Bankrate was founded in 1976 as Bank Rate Monitor, a print publisher for the banking industry, and was acquired by Red Ventures in 2017.

You can stop receiving unsolicited "preapproved" credit card offers by having your name removed from the credit reporting agency mailing lists. Call (888) 5-OPT-OUT (that is, (888) 567-8688) or visit OptOutPrescreen.com.

You can reduce the credit card offers you receive in the mail by calling 1-888-5-OPTOUT (1-888-567-8688) or by visiting OptOutPrescreen.com.

Don't toss the junk mail in the trash bin; shred it. Given merely your name, address, and a credit offer, someone could take out a line of credit in your name and spend money, leaving you on the hook.

Opt out by phone: Call Capital One's toll-free number (1-888-817-2970) and follow the prompts to opt out of their marketing mailings. Send a written request: Prepare a letter containing your name, address, and the statement “I want to opt out of Capital One's postal marketing mailings and credit offers.