If you receive a pre-approved credit card offer in the mail, it means that you are guaranteed a credit card with the terms/features described in the mailing.

True/False

False

Explanation:

Pre-approval of credit card doesn't guarantee a credit card with terms/features described in the mailing. Pre-approval just means a credit card applicant pass the soft credit check which is to take a rudimentary look at some information on the applicant's credit report. The pre-approval just serves to gauge how likely an application will be successful.

It is only until the card issuer conduct full examination of the applicant's credit history and then the final details of approved terms/feature will only be delivered to the successful applicant.