What does it mean to be preapproved for a credit card?

Your mail box is probably full of credit card preapprovals, what does it mean?

Being prequalified for a credit card means the issuer has done a soft pull of your credit history and concluded that you are a great candidate for that specific credit card being offered. It means that if you apply for said credit card that you have been pre-approved for you’ll most likely get approved for the card.

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