Are you one of those seeking to get details about USAA credit card pre approval? If you are, then I want you to sit back and read this article because here, I would not only teach you about USAA credit card pre-approval but also take you through how to get pre-approval, its benefits, how to accept pre-approval and so much more. I believe you can tell that this work is packed full so read to the end.
USAA as an association gives out credit cards to its members which they can use for various purchases and pay back who due time. However, there are times when you check your mail and you see a message from the organization stating USAA credit card pre-approval.
Or in some cases, while surfing the net, you come across the term USAA credit card pre-approval and you do not know what it is. Do not worry as the next paragraph explains what it means.
What Is USAA Credit Card Pre Approval?
USAA credit card is a Visa credit card that is issued by the Universal Service Automobile Association which can be used for purchases and it comes with great offers and benefits. You may not have been familiar with the card because it is not one of the hardest credit cards to get or those credit cards for 17-year-olds.
Whenever you see the term USAA credit card pre-approval, it means that the association has carried out a critical check on your credit card report and has seen you worthy of getting any of their credit cards with your permission.
I guess the next question on your mind now would be how do you know if you’ve been pre-approved? The next paragraph has the answer.
Does USAA Do Credit Card Pre-approval?
Yes, USAA does credit card pre-approval by sending emails that contain all their offers. However, for you to get the pre-approval mail, you must be a USAA member. In other words, USAA gives pre-approval to those who are qualified. And to qualify, you must be a member of USAA.
How To Become A Member Of USAA
For you to be a member of USAA, you will have to apply. The application is done by visiting the USAA website. On the homepage, navigate to the top and click on join USAA. Follow the prompts and fill in all requirements. However, you must be eligible before you are allowed to join.
Who Is Eligible To Join USAA?
You are eligible to USAA if you are one of the following.
- Must be either an active, separated, or retired USAA veteran with a prove of discharge from the US military
- You are a family member of any of the members of the USAA. This includes children, brothers, sisters, nephews, nieces, wives, and so on.
A successful application is the first step towards pre-qualification that can lead you towards pre-approval. You can check your USAA pre-qualification by logging into your account on their website. Click on My Offers on the navigation bar. There you will see all offers that you are qualified for including a credit card if you are qualified to get one.
How To Get A USAA Credit card Pre Approval
If you are asking how do I qualify for USAA credit card pre-approval? Then this is the answer you are looking for. You must meet the following criteria for you to get a pre-approval. The criteria are:
Good Or Excellent Credit Score
For you to get a USAA credit card pre-approval, your credit score must be good or excellent. There are several ways you can calculate your credit score but a good credit score according to the organization’s standard, must not be below 640 and an Excellent credit score must be 750 and above.
Must Be A Member Of USAA
You will not get a mail of USAA pre-approval if you are not a member. And you must apply to be a member like we discussed above.
Must Have A Good Credit History:
Apart from the score, you should also have a good credit history, especially of timely payment of bills.
How To View Your USAA Credit Card Pre-approval.
There are two major ways you can view your USAA credit card pre-approval. They are as follows.
The first way, which is the most common and easiest way, is by checking your mail. After going through your history, if you are qualified for a USAA credit card, you would get a mail from the organization.
The second way is by going through the Internet to know the eligibility and offers as well as benefits on their website.
Benefits Of USAA Credit Card Pre-Approval
USAA credit card pre-approval comes with several benefits or rewards. Some of them are
- It makes you confident to apply for the card since you have been pre-approved.
- It makes the application process easy as you would no longer be subjected to rigorous screening.
- USAA credit cards come with lots of lucrative rewards like long-term 0% APR, several cashback offers, low-interest rates, and many more.
How To Improve Your Chances Of USAA Credit Card Pre-Approval
- By paying your bills on time
- Do not max out Credit cards
- Avoid opening and closing too many accounts.
How Long Does The USAA Credit Card Pre-Approval Last?
When you get the mail for pre-approval, it usually comes with an expiration date. It is therefore expected that you respond to it by accepting the offer before the expiration date.
How Can I Accept A USAA Credit Card Pre-Approval?
When you are notified of a USAA credit card pre-approval, it is usually stated that it does not guarantee approval. So for you to accept the approval, you are required to apply for the card and go through a screening process. Therefore, applying for a credit card at the bank or on their website is what guarantees your acceptance of the pre-approval.
Can I Get Rejected After Getting The USAA Credit Card Pre-Approval?
Yes, you can be rejected from getting a certain USAA credit card after being pre-approval. One reason why you may be rejected is if your income is insufficient to maintain the card you are applying for.
Also, if you have applied for too many cards within a short period, you may be rejected after pre-approval.
Can I Reject The USAA Credit Card Pre-Approval?
Yes, you can reject the pre-approval by not going to apply for the card. In other words, by ignoring the pre-approval mail or canceling the USAA credit card pre-approval on your online account, you have rejected it.
Difference Between Pre-Approved And Pre-Qualified
When you get an offer, pay attention to the details especially when it has to do with pre-qualified and pre-approved. This is because although similar, they are both different.
To be PRE-QUALIFIED means that the credit card issuer has carried out a quick review of your credit history through a soft pull.
To be PRE-APPROVED on the other hand means the issuer had more in-depth done a cursory review on your credit through a hard pull if you allowed it.
The bottom line of it all is that the USAA credit card pre-approval is a notification to get the card, not necessarily a guarantee. What qualifies you as well the benefits and every other detail have been discussed in the article.