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With a good credit score and responsible spending habits, pre-approval for a credit card can be an easy way to gauge the odds you’ll be approved or denied for a card. Pre-approval doesn’t guarantee approval, but it can help avoid the hard inquiry shown on your credit report from an application. Wells Fargo sends preselection offers to qualifying consumers by mail or email. You can check to see if you’re preselected for a credit card by visiting the Wells Fargo website.

Which Wells Fargo Credit Cards Offer Pre-approval?

Wells Fargo’s credit cards may not offer as large of a selection as other popular banks, but despite the smaller product portfolio, several decent rewards cards can be lucrative options for consumers and small businesses alike.

The Wells Fargo Autograph℠ Card is the latest addition to their lineup and the first card they’ve issued in partnership with Visa. Cardholders earn 3 points per dollar at restaurants, travel, gas stations, transit, popular streaming services and phone plans. Plus, earn 1 point per dollar on other purchases. Points are redeemable for travel, gift cards and reimbursement for purchases made with the Autograph card. Plus, first-time cardholders are eligible to earn 30,000 bonus points when you spend $ 1,500 in purchases in the first 3 months.

If you’re looking to transfer a balance as a means of paying down debt over time, the Wells Fargo Reflect® Card offers a 0% intro APR for 18 months from account opening on purchases and qualifying balance transfers. An intro APR extension of up to 3 months with on-time minimum payments during the intro and extension periods is available. A 15.24% to 27.24% variable APR applies after that. Balance transfers made within 120 days qualify for the intro rate and fee of 3% then a balance transfer fee of up to 5%, min $ 5 applies.

Wells Fargo doesn’t specify if a card is eligible for pre-approval or not on its site, but you’ll know if you’ve been preselected if you receive an offer in the mail or by email.

How Credit Card Pre-approval Works

Receiving a pre-approval means you have been deemed eligible for a credit card based on personal and financial information the bank has about you. Pre-approval applications don’t require a hard credit check, which can negatively impact your credit score if too many are performed in a short period.

Sometimes credit card issuers or banks actively reach out to eligible people using mailed or emailed offers. Banks receive your information from credit card bureaus like Experian, TransUnion or Equifax, which maintain lists of potential cardholders based on criteria the bank requires. You can opt-out of prescreened offers.

Some credit card issuers offer pre-approval tools on their websites. Applicants can fill out pre-approval forms independently before applying for the card. Knowing which credit cards you are likely to qualify for without formally applying and receiving a hard credit report inquiry can benefit your shopping experience.

How To Get Pre-approved For Wells Fargo Credit Cards

Wells Fargo’s website offers a preselection tool so you may see if you were already identified as a potential qualifying cardholder based on information provided by credit bureaus. This differs from a pre-approval application, where the card issuer may ask for your annual income and monthly expenses to quickly determine whether you qualify for a credit card.

Current Wells Fargo customers may have a better chance of preselection. If you currently have a credit card, checking or savings account, retirement account or existing loan, you can log in to your online account and see if you’ve been preselected.

You can also respond to an offer you received in the mail or by email. Simply follow the instructions found in the offer letter to learn more details. Always ensure you read the fine print of any agreement before officially applying or using a card you’ve been approved for.

How To Increase Your Chances Of Getting Pre-approved

Whether you apply for pre-approval or are preselected by a card issuer, you can make your card shopping experience easier and less stressful by knowing which credit cards you’re eligible for.

The best odds for pre-approval come with good spending habits: Don’t spend more than you can afford, pay every bill on time and keep your card balances low. If you follow these basic rules, your credit score will likely increase, your credit report will read better to lenders and you’ll be more likely to prequalify for credit cards with more lucrative rewards and better benefits.

Recommended credit scores for Wells Fargo credit cards can help you understand which cards you’re most likely to receive following an application. Income increases can also improve your chances of receiving preapproved for a credit card because lenders use your income as a part of the calculations to determine if you can afford to repay debt.

Pre-approval is not a guarantee of approval. A card issuer may still deny your application if your creditworthiness or financial situation changes for the worse between the time you receive a pre-approval offer and the time you submit a formal application. Sometimes, it’s best to apply immediately following receipt of a preselection offer.

Bottom Line

Shopping for credit cards can be anxiety-inducing, but pre-approval tools can make the process more reassuring. Wells Fargo may send you an offer by mail or email if you’ve been preselected for a credit card, but the issuer doesn’t host a traditional pre-approval tool on its website — instead, you can see if the company has already preselected you. Following a preselection offer, make sure you only apply for the specific credit cards you need. Each application may create additional hard inquiries on your credit report and can temporarily reduce your credit score.

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