If you are worried about your credit card approval odds, prequalified offers are a great tool for finding the cards in your reach. Though Citi doesn’t offer quite as many of these promotions as other card issuers, you still have a chance to snag a top match.
Citi is a CreditCards.com advertising partner.
Imagine you’ve found the perfect credit card to add to your wallet. It comes with a generous welcome bonus or a lengthy 0% APR balance transfer period you need to help pay down existing debt. Sounds good, right?
You can take some guesswork and potential heartache out of the credit card application process by getting preapproved, or prequalified, for the card you want. Citi – and most major card issuers – can preapprove you for a card based on a soft pull of your credit, which doesn’t impact your credit score.
Keep in mind, the soft inquiry allows the card issuer the opportunity to review basic information in your credit report and determine your creditworthiness. If the credit card company preapproves you for a card, it’s not a guarantee of approval, and you’ll still have to fill out a formal application. But at least you’ll know the odds are in your favor.
On the other hand, if the issuer declines your preapproval, you can save yourself the trouble of applying and avoid the credit-harming hard pull. Keep reading to learn more about getting preapproved for a Citi credit card.
How to get preapproved for a Citi credit card
At this time, you won’t be able to find preapproved offers for Citi through CardMatch™, our valuable tool to discover which credit cards you prequalify for with most major credit card issuers. Still, if you’re looking to get preapproved for a Citi credit card, here are a few options:
Find pre-selected offers on the Citi website
Citi also offers a prescreening tool that allows you to find out if you’ve been preselected for a Citi card. Like CardMatch, the site asks you to complete a simple form that includes your name, contact information, the last four digits of your Social Security number and the type of credit card you want (rewards, balance transfer, low intro APR, cash back or no preference). Once you agree to the authorization terms, you can click “See My Offers.”
Citi will immediately match you with any credit card offers that fit your credit profile. Although credit card approval is never guaranteed, any offers you receive are likely to have higher approval odds. And, if you want to take advantage of one of the offers Citi recommends, you can apply right away.
Other ways to prequalify for Citi cards
Filling out the online form is definitely the easiest way to get prequalified for a Citi card – but it’s not the only one. You can also receive a prequalified Citi offer by snail mail.
If you live near a Citi branch, you can also go in and ask for any offers in person. In some cases, Citi has been known to offer increased sign-up bonuses or other introductory offers when you apply this way.
Top Citi cards for prequalified offers
Citi® Double Cash Card
Citi Simplicity® Card
Citi Rewards+® Card
|Up to 2% cash back on all purchases – 1% as you make purchases and an additional 1% as you pay off those purchases|
0% intro APR for first 18 months on balance transfers then 14.74%-24.74% variable APR
|0% intro APR for first 21 months on balance transfers (transfers must be completed in first 4 months) then 15.49%-25.49% variable APR|
0% intro APR for first 12 months on new purchases then 15.49%-25.49% variable APR
|2 ThankYou points per dollar at supermarkets and gas stations (up to $6,000 per year in purchases, then 1 point per dollar)|
1 ThankYou point per dollar on all other purchases
Every purchase rounded up to the nearest 10 points
Earn 20,000 bonus points if you spend $1,500 in first 3 months of account opening, redeemable for $200 in gift cards at ThankYou.com
Why you should prequalify with Citi before you apply
You should consider prequalifying with Citi because it can give you a good idea of your chances of acceptance before you formally apply for a card. If you’re preapproved, your odds of actual approval are higher, so you’ll know if it’s worth it to proceed with the credit card application.
If Citi doesn’t prequalify you, at least you’ll avoid getting hit with a hard inquiry on your credit report only to have your application denied. A hard inquiry can remain on your credit report for up to two years, although its impact on your credit may only last a year or so.
On top of that, if your preapproval request doesn’t result in an offer, that’s a strong indication that something is amiss in your credit history or other information you submitted in the preapproval process. If so, it’s a good idea to get copies of your credit report for free at AnnualCreditReport.com to find out what those issues may be. Carefully review your credit reports looking for any erroneous or fraudulent information. Dispute any errors you discover with the major credit bureaus – Equifax, Experian and TransUnion.
If you are worried about your credit card approval odds, prequalified offers are a valuable tool for finding the cards in your reach. Though Citi doesn’t offer quite as many of these promotions as other card issuers, you still have a chance to snag a top match.