One way to check for business credit card pre-approval is to visit a local branch and ask a banker to help you with this matter. Just note that not all issuers provide this service, so best to call them before heading down to your local branch.
Aside from checking for pre-approval by visiting a local branch another option is to sit back and wait for a pre-approved business credit card offer in the mail. To respond to a mail offer after it arrives, visit the website or call the number listed in your pre-approval letter. You’ll have to provide details such as your name, address and possibly, your Social Security number (SSN). You will also need to enter the promo code included in the mailing.
None of the major credit card issuers currently provide any online tools for business credit card pre-approval, but you could always contact an issuer before applying directly or checking for in-branch pre-approval offers.
When possible, business credit card pre-approval has a lot of benefits. For example, pre-approvals typically use a soft inquiry that does not affect your credit score. When you submit a full application for a card, on the other hand, there’s a hard inquiry into your credit history that causes a temporary dip in your score.
But it’s important to note that pre-approval is never a guarantee of actual approval. It only means that your preliminary information indicates you’re a likely candidate for approval if you actually apply. In most cases, applications for pre-approved offers are ultimately approved.
Also, bear in mind that an issuer will review your personal credit history when you apply for a business card. That’s because, in almost all cases, you will be held personally responsible for repaying the balance if the business cannot.
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