Credit Cards That Offer Pre-Approval Without a Hard Pull
You may worry about how applying for a credit card could affect your credit score. A hard pull (also known as a hard inquiry) can lower your score temporarily, which makes it harder to get approved for credit later on. However, some issuers of credit cards offer pre-approval without making a hard pull, so you do not have to risk your credit score while looking to explore the cards. This article explores Pre-Approved Credit Cards That Do Not Require You To Have A Hard Pull And Who Offer Such Services In USA For May 2024.
Understanding Pre-Approval and Hard Pulls
Pre-approval is an approval process that precedes actual approval, thus indicating how likely one is to be approved of having the loan. It’s usually based on soft pull or soft inquiry that does not impact negatively on your rating. On the other hand, a hard pull is more thorough check on your credit that can cause a temporary drop in it. When you are applying for any type of credit, this process normally happens and it stays in reports within two years.
Also Read: Credit Cards That Offer Pre Approval Without a Hard Pull
Given below are few cards offering pre-approved without hard pulls:
1.OpenSky Secured Visa Credit Card
OpenSky Secured Visa Credit Card is the best option for those who have bad or no credits since it doesn’t require any form of background checks. You can get pre-approved without having to make much effort and enjoy up to $3,000 limit. Additionally, this card will allow you build up your credits over time by reporting to all three major bureaus.
2.Petal 2 Cash Back No Fees Visa Credit Card
Petal 2 provides pre-qualification checks devoid of performing tough inquiries and also assesses nonconventional FICO scores when assessing an applicant’s eligibility. Purchases made with the card earn 1% cash back and there are no fees. The card also comes with a credit limit of $10,000 at most and reports to all the three major bureaus.
3.Upgrade Cash Rewards Visa
The Upgrade Cash Rewards Visa combines features of both a credit card and a personal loan. You can get pre-approval without having to jump through too many hoops for a starting amount of 1.5% cash back on purchases. This card also offers a credit limit of up to $25,000 and no annual fee.
4.Discover it Secured Credit Card
Discover it Secured Credit Card requires a minimum security deposit of $200, however you can get pre-approved without going through hard pulls first. Besides that, you will have 1% earned cash-back on everything you buy with zero annual fees; what is more important, this Tarjeta provides consumers with volumes up to USD 2,500 shared between three most important credit registries.
5.Mission Lane Visa Credit Card
Mission Lane Visa Credit Card is designed for people who are new or trying again after bankruptcy but need to avoid paying a security deposit when they apply for their cards. You can get pre-approved without having to make much effort and enjoy up to $1k limit. This card also has no annual fee as well as reports made by all the major bureaus.
6.Prosper Card
Pre-approval from Prosper Card is available even before your physical card arrives in the mail box without requiring any hard pull hence making it another option for people whose bad credits don’t allow them access to other options. You can earn up to 1% cashback on purchases made using this apparatus; at the same time there are no annual charges applicable whatsoever upon its usage while borrowing limits go as high as twenty five thousand dollars (USD) per every year across various three main credit reporting entities registered within United States today
7. Capital One QuicksilverOne Cash Rewards Credit Card
The Capital One QuicksilverOne Cash Rewards Credit Card guarantees pre-approval without a hard pull and gives back 1.5% cash on purchases made with it; additionally, there is no annual fee and credit line can reach $1000; also reports to all three of the major credit bureaus and offers a zero percent in APR for 15 months.
8. Capital One Platinum Credit Card
Capital One Platinum Credit Card is an ideal low-maintenance option for people with fair credit. You can get pre-approved without a hard pull and enjoy a credit limit of up to $1,000. This card also reports to all three major credit bureaus and offers no annual fee.
9. AvantCard Credit Card
AvantCard Credit Card ensures pre-approved without hard pull and the absence of security deposit needed as well helps you earn 1% cash back on purchases made using this card also there is no annual fee attached to it again its credit line goes as high as $1000 while also reporting to the three major credit bureaus.
10. Blue Cash Everyday Card from American Express
Blue Cash Everyday Card from American Express approves customers who have not gone through a hard checking process only that they will receive rewards equaling 3% on all expenses incurred at US supermarkets; it doesn’t require any payment annually or less than that amount, yet its maximum balance equals or exceeds $1000; besides, this plastic emits data about you into the Big Three CRAs giving respite in terms of zero-rate transactions over fifteen months’ time intervals.
Conclusion
Getting pre-approved for a credit card without a hard pull can be a game-changer for those who want to explore credit card options without risking their credit score. The list above includes cards which provide pre-approval without carrying out a hard inquiry thus making your search easier. Remember always check out the terms and conditions before applying for the card, especially take into account fees and rates.
