Check if you are prequalified

Some issuers allow you to see if you are prequalified for their credit cards. This requires some work on your part – you usually need to fill out a short form and submit your personal information, including your social security number. This creates a smooth credit check that, like checking your credit at Credit Karma, will not affect your credit scores. If you have been  “pre-approved” or “pre-qualified”, this means that you have met all of the lender’s criteria so far. But you still have to apply for the card, and full approval will depend on other factors, including your income. If you are a Credit Karma member, you can check your approval odds with the Approval Odds tool  for some cards. The Approval Odds odds come from Credit Karma when they assess your credit profile and compare it to other Credit Karma members who have had the product approved. Just remember: as with prequalification, the odds generated by Approval Odds are not a guarantee of approval.

What are the types of information you need on a credit card application?

Here are some details that you will typically need to submit on a credit card application, whether you complete it online or by mail.
  • Name
  • Address
  • How long have you lived at that address
  • If you own or rent your home or have another type of living arrangement
  • Country of Citizenship
  • Country of residence
  • Phone number
  • Date of birth
  • Social Security number
  • Employment situation
  • Annual gross income
  • Sources of income
  • Financial assets and accounts
  • Financial liabilities such as a monthly housing payment or other loan payments
Please note that application requirements may vary from issuer to issuer.

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