You wake up on a pleasant day to find out a credit card mail offer in your inbox. Oh lucky!
But, what is mail offer and how do you respond to it? Also, is it important?
You can think of a mail offer as an invite from banks, companies, etc. to try out their services. Furthermore, what makes them special is that mail offers are chosen for specific users only.
For example, credit card providers would run a soft inquiry on a small pool of customers he knows to figure who is a good candidate for the card he offers. Only the people he finds reliable would then receive a mail offer in their inbox.
In this regard, there are two types of mail offers:
This mail offer means that the band or the lender only checked out your credit score and thought that it was good enough for doing business with you. Moreover, pre-qualified mail offers normally do not include an assessment of any other factor.
In contrast, pre-approved mail offers are something else. They are sent out after checking if you match specific criteria for a credit card. Therefore, they are more rare and special!
How Do You Respond to Mail Offer?
The best part about getting mail offers is that they are hassle-free when it comes to submitting the form. In most cases, the mail itself would include the codes you need along with the web address on which it should mentioned.
It is best to respond to mail offers as quickly as possible. Although they do not highlight a “first-come-first-serve” basis but staying on top of the list of candidates can give you better chances of being approved.
Mail Offers – What’s Good and What’s Bad?
The most evident advantage of getting mail offers is that it keeps you on top of on-going offers that you can otherwise miss. It can get confusing when you want to keep an eye on different banks to see which one is offering cards most suitable to you.
This is made super easy with online mail offers that bring to you the best and the latest news about different credit cards. Even if that is not that case, you can always choose to ignore the offer.
Many people don’t like to respond to mail offers because they think that they include predatory cards. These are credit cards that normally charge high annual fees and interests.
It is also trouble to decide whether the bank reaching out to you is legit or not. Since you might be asked to provide sensitive or some other sort of personal information, you can never be sure whether the party you are sharing it with is reliable or not.
In Case You Don’t Want To See Another Mail Offer in your Inbox
Furthermore, you can easily delete the mail offers you receive online if you don’t want to respond to them or don’t want to see anybody else getting hold of your personal information.
If that is what you want to do, here’s is a quick method to get things done.
In order to do that, call at the toll-free number 888-567-8688 or visit www.optoutprescreen.com.
The web page would show a button labeled “Click here to opt-in or opt-out”. You can either select to stop getting mails temporarily for 5 years or stop getting them at all. Once you have filled the form, just click submit and you are done!
Jamie Johnson is very enthusiastic Kansas City – based freelance writer, and her core expertise are finance and insurance. She has been endorsed on several personal finance, insurance & business website to share her thoughts. Her publications can be found on famous sites like Bankrate, The Balance, Business Insider, Chamber of Commerce and many others.
From many years, she served more than 10,000 hours of research and writing to more than 2000 articles related to personal finance, credit building, mortgages, and personal and student loans.