On pre-approved credit cards

[qazwsxedcrfvtgb]

Hi! I currently have only one credit card with BPI and all of my savings, time deposits in PHP and USD are deposited in BPI as well. I do have a payroll account with UCPB though.

I've read in other forums that some people get pre-approved credit cards, while some bigla na lang tatawagan informing them na they have pre-approved credit cards, yung iba naman is bigla nalang pinapadalhan ng credit cards without them applying for one.

So here's my question. What normally is their basis in granting one a pre-approved credit card? Is it possible that these banks share like a common database so they can track whether one is in good credit standing and eventually consider giving them a pre-approved card? TIA!

[KuyaDanny]

Yes, credit card companies share (some) cardholder information with each other, and your experience with one card issuer may be a basis for another bank issuing you a pre-approved card. It has been the case for me. In my case, one card had an error in the billing address (wrong zip code) which was carried over to the second card issuer's record.

Your experience with one card issuer may also be a basis for durect marketing, so don't be surprised if you get mail, text messages, and phone calls inviting you to apply for personal loans, or informing you that you have been "prequalified" for some prize that you have to claim at some obscure office at an inconvenient location.

[marlowe1701]

Yes, credit card companies share (some) cardholder information with each other, and your experience with one card issuer may be a basis for another bank issuing you a pre-approved card. It has been the case for me. In my case, one card had an error in the billing address (wrong zip code) which was carried over to the second card issuer's record.

Your experience with one card issuer may also be a basis for durect marketing, so don't be surprised if you get mail, text messages, and phone calls inviting you to apply for personal loans, or informing you that you have been "prequalified" for some prize that you have to claim at some obscure office at an inconvenient location.

@kuya danny, is phil prudential one of them???kasi may nareceive akong text message, they knew my name and may pina pa claim sa akin sa office nila sa Ortigas...

[TastyXtina]

i have a deposit relationship with bdo and hsbc.. bdo being my savings bank and hsbc being my payroll. Bdo sent me credit card sa bahay ko.. tapos after1.5 years EWB txted me that they'll be sending me my card which is weird coz i never applied for one. i never had an application.. no verbal approval.. no documents submitted.. no deposit relationship. never had a friendwho works for them. i called their cust serv yesterday that indeed a card was mailed to my office which hindi naman tatanggapin yun sa office. ang nakakaloka pa. iba ang nagrereflect sa kanila na employer ko..

[qazwsxedcrfvtgb]

i have a deposit relationship with bdo and hsbc.. bdo being my savings bank and hsbc being my payroll. Bdo sent me credit card sa bahay ko.. tapos after1.5 years EWB txted me that they'll be sending me my card which is weird coz i never applied for one. i never had an application.. no verbal approval.. no documents submitted.. no deposit relationship. never had a friendwho works for them. i called their cust serv yesterday that indeed a card was mailed to my office which hindi naman tatanggapin yun sa office. ang nakakaloka pa. iba ang nagrereflect sa kanila na employer ko..

Hi. Does this mean that you're in good credit standing and had never been a revolver?

[qazwsxedcrfvtgb]

Yes, credit card companies share (some) cardholder information with each other, and your experience with one card issuer may be a basis for another bank issuing you a pre-approved card. It has been the case for me. In my case, one card had an error in the billing address (wrong zip code) which was carried over to the second card issuer's record.

Your experience with one card issuer may also be a basis for durect marketing, so don't be surprised if you get mail, text messages, and phone calls inviting you to apply for personal loans, or informing you that you have been "prequalified" for some prize that you have to claim at some obscure office at an inconvenient location.

Ok, thanks Kuya Danny. I did receive a number of invitations for personal loans, but its from BPI though. hehe

[iceejay22]

@kuya danny, is phil prudential one of them???kasi may nareceive akong text message, they knew my name and may pina pa claim sa akin sa office nila sa Ortigas...

Insurance lang yun. Same thing happened to my dad. Pinapunta kesyo daw my reward icclaim sayang naman daw tapos pagdating don pinipilit syang kumuha ng insurance.

[TastyXtina]

Hi. Does this mean that you're in good credit standing and had never been a revolver?

never. always been transactor

[homebaseinvestor]

Hi! I currently have only one credit card with BPI and all of my savings, time deposits in PHP and USD are deposited in BPI as well. I do have a payroll account with UCPB though.

I've read in other forums that some people get pre-approved credit cards, while some bigla na lang tatawagan informing them na they have pre-approved credit cards, yung iba naman is bigla nalang pinapadalhan ng credit cards without them applying for one.

So here's my question. What normally is their basis in granting one a pre-approved credit card? Is it possible that these banks share like a common database so they can track whether one is in good credit standing and eventually consider giving them a pre-approved card? TIA!

Hi,

Based on my experience if you maintain a savings/checking account with an ADB of 50k and above for about a year or two they will give a pre approved card this is regardless if your name is in CMAP, CIBI etc., maybe they generate this on their system and shortlist those depositors that they think will qualify. Just my opinion, hope this helps.

[marilynmangubat]

hindi rin. ako nga 5 taon na ako may account sa BDO eh hindi naman ako napapadalhan ng CC. at hindi naman maliit ang deposito ko sa kanila ha.

[homebaseinvestor]

hindi rin. ako nga 5 taon na ako may account sa BDO eh hindi naman ako napapadalhan ng CC. at hindi naman maliit ang deposito ko sa kanila ha.

Hi marilynmangubat,

Would you mind if I ask magkano ADB mo mo s BDO or at least a ball park figure, kasi halos lahat ng kakilala ko, including my self na may bad record n napadlahan ng BDO, basta may account k s kanila around 50k ADB. Try mo mag maintain ng account s Eastwest bank, nagpadala din s akin pero I canceled n kasi ok n s kin yun isa lang n Visa, dito yun most of my emergency funds ko n ka deposit after 2 years they sent me a card without even applying, hope this helps.

[marilynmangubat]

6 figures. bahala sila kung ayaw nila magpadala, pakialam ko ba sa bdo na yan, may cc naman na ako sa ibang bangko.