Why was my credit card application denied?

Question

my credit is not very good, around 570. However, I was sent a pre approval letter from first access. I was denied. Why did they deny me after sending me a pre approval

Answer 1

Read all the small print in the pre approval advertisement, it plainly says actual approval depends on credit score and income verification
At least once as year I get a pre approval letter for the no limit Black MasterCard however I'm retired and my income barely meets the minimum required so even with a 810 or higher credit score I get turned down

Answer 2

Pre-approval means absolutely nothing. It is just a marketing ploy.

Answer 3

They had a better look at your credit.

Answer 4

It means approved to apply. That's all. Everyone is.

Answer 5

Just because a credit card company sends you a pre-approved letter doesn't mean it's for real they do that to everybody including me.

Answer 6

The pre approval is approving you based on your income etc and you having all the relevant paperwork but a credit check still needs to be done. Obviously your credit rating isn’t sufficient enough and that is why you were denied.