You Could Land Better Terms
Another advantage of pre-approved credit card offers is they can, in many cases, include better terms than those available to the general public.
The credit card company gives these to you — a seemingly creditworthy customer — to entice you to apply.
Such enhanced terms might include:
1. Better rewards program or signup bonus (more points or cash back for spending a certain amount)
2. Reduced intro APR on purchases or balance transfers for a limited time
Credit card issuers have bothd private offers. Public offers are available to the general public, and are usually the offers advertised on issuer websites. Private offers are customized for and only available to specific people based on their credit histories and other criteria. One person’s private offer will not necessarily be available to someone else.
This is an example of a public offer on the American Express website. Here >>
Here’s an example of a private offer, with an introductory bonus that’s twice as big.