Seeing if you’re prequalified is a common first step to applying for a new credit card. It’s a way to evaluate potential credit card offers and see where you stand based on your credit profile before you take the risk of submitting to a credit check.
But a lot of people misunderstand what it means to be prequalified for a credit card, and credit card companies are all too happy to perpetuate that confusion.
In this guide, we’ll show you exactly what prequalifying actually means (and how it’s different from “pre-approval”), how to see if you’re prequalified for a credit
