Things You Need to know About pre-approved Credit Card Offers

You may have received a phone call, SMS, or an e-mail from a credit card company telling that you are a pre-approved customer for one of their product

You may have received a phone call, SMS, or an e-mail from a credit card company telling that you are a pre-approved customer for one of their products. The majority of individuals tend to ignore these offers, and you might have also done so.

Pre-approved offers are more than just proposals from financial institutions to persuade you to apply for a credit card, unlike what individuals believe them to be.

These offers come with benefits that standard customers may not avail. For example, lower interest rates, zero joining fees, zero annual fees, etc.

Who can receive pre-approved offers?

Credit card companies consider several factors before pre-approving an individual. Your credit score is one of those factors.

Financial institutions check databases of credit information companies (like CIBIL) to find those who possess good credit scores. Companies then send out pre-approved credit card offers to those who meet the minimum eligibility criteria.

What you need to know about pre-approved offers?

Here are a few things you need to know about a pre-approved credit card offer:


  • You can avail a pre-approved offer manually


Credit card companies send pre-approved offers to selected customers directly. However, you can also avail these offers directly, if you have not received any. Usually, financial institutions enable you to apply for pre-approved offers from their website.

For example, Bajaj Finserv provides pre-approved offers on credit cards that save you time when availing them. Pre-approved offers are also available on personal loans, business loans, home loans, and an array of other financial products and services. Check your pre-approved offer by providing only your name and phone number.


  • You still have to apply for a credit card


Receiving a pre-approved offer does not mean that you avail a credit card. You will still have to formally apply for credit card.


  • Financial institutions will conduct a hard enquiry after you apply


A formal application will follow a hard credit enquiry. Do note that these enquiries will lower your credit score.


  • Companies may reject your application


You may face rejection when you apply for a credit card. Several reasons can cause a credit card company to deny a credit card.

For example, you need to hold a high credit score of at least 750 to avail the best credit cards. Also, you have to abide by certain other eligibility criteria and submit the necessary documents to the provider.

Eligibility criteria

  • You have to be between the ages of 25 and 36 years.
  • You have to reside in an area where the company operates.


  • Identity proof – PAN, Voter ID, Aadhaar, Driving License, Passport, etc.
  • Address proof – Any of the above documents with your permanent address, latest electricity bill, house rent agreement, etc.

How to choose the right pre-approved offer?

Choosing the right pre-approved offer is similar to selecting the correct credit card. Check the features and benefits to pick the product of your choice.

For example, the Bajaj Finserv RBL Bank Super Card is one of the credit cards that bring you several industry-first features like:


  • Zero interest ATM cash withdrawal


You incur an interest whenever you withdraw cash from an ATM using a credit card. However, the SuperCard enables you to do so without any interest for up to 50 days.


  • Emergency personal loan without any interest


The SuperCard gives you the option to convert your balance credit limit into an emergency personal loan. You can repay the loan in 3 easy EMIs without attracting any interest.

Other features of this credit card include complimentary airport lounge access, fuel surcharge waivers, discounts on movie tickets, etc.

Make sure to check the interest rates and other charges before you opt for a pre-approved offer and apply for a credit card. Also, go through the terms and conditions of the product thoroughly.