To check if you’re pre-approved for a Mastercard credit card, you can look through mail and emails from credit card companies to see if you have received any pre-approved offers. Alternatively, you can go to a card issuer’s website, look for their pre-qualification portal, and input your Social Security number and other requested information to check for Mastercard pre-qualification. The issuer’s website will then show the cards for which you have decent odds of being approved. What You Should Do for Mastercard Pre-approval Use Issuer Pre-Approval Tools: Visit the websites of Mastercard issuers that offer pre-approval. Some popular ones include Capital One, Citi, Chase and Bank of America. Simply enter basic details such as your name, address, and income. These tools conduct a soft inquiry that won’t affect your credit score. Check for Pre-screened Offers: Lenders may send you pre-approved offers via mail or email if your credit profile meets their criteria. To ensure you’re included, keep your credit report updated with your current address. Work with Banks or Credit Unions: If you have an account with a financial institution that issues Mastercards, check for pre-approval opportunities through their website, branch, or customer service. Pre-approval doesn’t guarantee final approval but is a helpful step to identify cards that match your financial profile. That said, you can always get a better sense of your odds by checking your credit score for free, right here on WalletHub.

You can check for business credit card pre-approval by visiting the issuer’s website and providing your details. Just note that not all issuers provide this service, but several major issuers do. If your issuer doesn’t offer online pre-approval, it’s best to call their customer service before heading down to your local branch. Some issuers also send pre-approved business credit card offers in the mail. To respond to a mail offer after it arrives, visit the website or call the number listed in your pre-approval letter. You’ll have to provide details such as your name, address, and possibly, your Social Security number (SSN). You will also need to enter the promo code included in the mail. What you should know about business credit card pre-approval: Business credit card pre-approval has a lot of benefits. For example, pre-approval tools typically use a soft inquiry that does not affect your credit score. But when you submit a full application for a card, this will result in a hard inquiry on your credit report. This inquiry causes a temporary dip in your score. It’s important to note that pre-approval does not guarantee you’ll actually get the card. It only means that your preliminary information indicates your approval odds are high if you actually apply. In most cases, applications for pre-approved offers are ultimately approved. Keep in mind that an issuer will review your personal credit history when you apply for a business card. That’s because, in almost all cases, you will be held personally responsible for repaying the balance if your business cannot.