Having credit cards from different companies or special cards to buy in certain stores is what many users want after learning about some of their advantages. On the official OptOutPreScreen website, you can find all the information.
You will receive information and forms to apply for and acquire different credit cards and insurances when you join. It is a web page where you add your name, and they will share the information with the creditors so they can send you their offers.
How to receive credit card offers?
Mainly you must access the website mentioned at the beginning. On the Opt home page, you will see all the information about their services and benefits. To apply, you must access “Opt-in.”
A form will appear asking for basic information such as name, address, social security number, and expiration date. Although they will share information with creditors, the website makes sure that all of your data is used properly to avoid fraud.
As a security measure, after you submit your information and when they add your name to the list, only the last four numbers of your social security number will appear. When you submit the form, a new page will appear.
They will need a contact number and email address to send you the credit card applications. You have 15 minutes to complete the new form, which is enough time to ensure you enter all the information correctly.
Once you finish and submit the information, you will receive a confirmation email from Opt indicating that you completed the registration properly and that you are now part of the list to accept credit card offers.
Benefits of pre-selected credit cards
The options sent by email are known as “pre-selected credit cards” because you have been pre-selected to acquire them. They are effective when you want more product options or better rates and payment terms.
You should know that these products appear on your credit report as “soft inquiries,” meaning they will only be visible to you. Lenders will not receive this information if you want to apply for a loan or credit.
Accessing is simple and will always give you offers or benefits when you acquire a new credit card. Of course, you should be careful and accept only those that offer you advantages and know you can pay on time.
What do I do when I don’t want to receive any more offers?
After obtaining different credit cards through this method, you may wish to stop receiving offers because you no longer need them. If so, you only have to log in again to the web page mentioned above and do the same procedure as above.
However, before submitting the initial form, you have to change the option from “receive pre-selected credit card offers” to “do not receive any more offers.” The platform processes your information and proceeds to remove your name from the list offered to creditors.
From that moment on, you will no longer receive emails or postcards with credit card offers. You can activate and deactivate this option whenever you want, but most customers say that once you delete it, you never want to hear from them again.
Why do some people not recommend pre-selected credit cards?
You can have many benefits and disadvantages with these credit cards; it all depends on your financial health and ability to evaluate the products you purchase.
Every day you will receive many credit card offers from different brands, with incredible benefits, low-interest rates, promotions, and more. But if you do not investigate the terms and conditions of the card, you could acquire a product that affects your credit history.
Financial specialists say that the more credit cards you acquire, the harder it will be to keep up with payments on everything. In the end, you will have many debts to pay and little money to do so.