How credit card companies select you for pre-approved offers

You must have received a number of credit card offers through messages and emails, some claiming they were pre-approved. Ever wondered what they are and where they came from?

Well, it’s important to note that any pre-approved offer doesn’t imply that an offer is guaranteed.

According to Adhil Shetty, CEO, BankBazaar, it simply means that based on the information regarding the credit history and income the individual has at hand, the credit card company or bank finds him/her eligible for a card.