Here are the 7 best pre approved credit cards of January 2023

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When you apply for any of the best credit cards, your credit score will temporarily decrease.

That’s because credit card issuers perform a hard credit inquiry (sometimes called a hard pull) to view your credit score and decide if you’re a good candidate for their cards. Credit inquiries ding your score slightly because it indicates that you’re looking for new credit (though if you use your credit responsibly, it’ll bounce back to just as good as before — or even better).

If you’ve got a lot of credit inquiries, issuers may consider that a red flag. That’s why pre approval credit cards are so handy. If you’re preapproved for a card, you have a fair idea of whether or not you’ll be approved. It helps you to ensure you won’t waste a credit pull on a card you won’t get (though note that even if you’re preapproved, that does not guarantee you’ll get the card).

Find out if you’re preapproved before you apply with these offers

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60,000 bonus points after you spend $4,000 on purchases in the first three months from account opening

Earn 5x points on flights and 10x total points on hotels and car rentals when you purchase travel through Chase Ultimate Rewards® immediately after the first $300 is spent on travel purchases annually. Earn 3x points on other travel and dining & 1 point per $1 spent on all other purchases.

75,000 miles after spending $4,000 on purchases within 3 months from account opening

Earn 5X miles on hotels and rental cars booked through Capital One Travel. Earn unlimited 2X miles on every purchase.

Unlimited Cashback Match – Discover will automatically match all the cash back you’ve earned at the end of your first year

Earn 5% cash back on everyday purchases at different places each quarter like Amazon.com, grocery stores, restaurants, and gas stations up to the quarterly maximum when you activate. Earn unlimited 1% cash back on all other purchases automatically.

1.5% cash back in addition to regular earning on everything you buy up to $20,000 spent in the first year (worth up to $300 cash back)

Earn 5% cash back on Chase travel purchased through Ultimate Rewards®, 3% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service, and unlimited 1.5% cash back on all other purchases.

$200 cash bonus once you spend $500 on purchases within the first 3 months from account opening

Earn 10% cash back on purchases made through Uber & Uber Eats, plus complimentary Uber One membership statement credits through 11/14/2024. Earn 8% cash back on Capital One Entertainment purchases. Earn unlimited 5% cash back on hotels and rental cars booked through Capital One Travel. Earn unlimited 3% cash back on dining, entertainment, popular streaming services and at grocery stores. Earn 1% cash back on all other purchases.

$200 cash rewards bonus after making $1,000 in purchases in the first 90 days from account opening

3% and 2% cash back on the first $2,500 in combined choice category/grocery store/wholesale club purchases each quarter, then earn 1%. 1% cash back on all other purchases.

Earn 1.5% cash back on all purchases

Not all banks offer preapproval. But the ones that do issue some of the best cards on the market. Let’s take a look at the best pre approved credit cards you can get.

We’re focused here on the rewards and perks that come with each card. These cards won’t be worth it if you’re paying interest or late fees. When using a credit card, it’s important to pay your balance in full each month, make payments on time, and only spend what you can afford to pay.

Compare the best credit cards with preapproval


Intro offer

60,000 bonus points after you spend $4,000 on purchases in the first three months from account opening


Rewards

Earn 5x points on flights and 10x total points on hotels and car rentals when you purchase travel through Chase Ultimate Rewards® immediately after the first $300 is spent on travel purchases annually. Earn 3x points on other travel and dining & 1 point per $1 spent on all other purchases.

Chase Chase Sapphire Reserve®


Intro offer

60,000 bonus points after you spend $4,000 on purchases in the first three months from account opening


Rewards

Earn 5x points on flights and 10x total points on hotels and car rentals when you purchase travel through Chase Ultimate Rewards® immediately after the first $300 is spent on travel purchases annually. Earn 3x points on other travel and dining & 1 point per $1 spent on all other purchases.


Rewards

Earn 5x points on flights and 10x total points on hotels and car rentals when you purchase travel through Chase Ultimate Rewards® immediately after the first $300 is spent on travel purchases annually. Earn 3x points on other travel and dining & 1 point per $1 spent on all other purchases.


Intro offer

60,000 bonus points after you spend $4,000 on purchases in the first three months from account opening


Recommended Credit

Good to Excellent

Recommended credit score. Note that credit card lenders may use many different variations of credit score models when considering your application.

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Regular Annual Percentage Rate (APR)

21.24% – 28.24% Variable

Editor’s Rating

4.65/5

Our editor’s ratings analyze fees, bonuses, rewards, and benefits to highlight the simplest and most valuable credit cards available.

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Capital One Capital One Venture Rewards Credit Card

Capital One Venture Rewards Credit Card


Intro offer

75,000 miles after spending $4,000 on purchases within 3 months from account opening


Rewards

Earn 5X miles on hotels and rental cars booked through Capital One Travel. Earn unlimited 2X miles on every purchase.

Capital One Capital One Venture Rewards Credit Card

Capital One Venture Rewards Credit Card


Intro offer

75,000 miles after spending $4,000 on purchases within 3 months from account opening


Rewards

Earn 5X miles on hotels and rental cars booked through Capital One Travel. Earn unlimited 2X miles on every purchase.


Rewards

Earn 5X miles on hotels and rental cars booked through Capital One Travel. Earn unlimited 2X miles on every purchase.


Intro offer

75,000 miles after spending $4,000 on purchases within 3 months from account opening


Recommended Credit

Good to Excellent


Regular Annual Percentage Rate (APR)

20.24% – 28.24% Variable


Intro Annual Percentage Rate (APR)

N/A

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Discover Discover it® Cash Back


Intro offer

Unlimited Cashback Match – Discover will automatically match all the cash back you’ve earned at the end of your first year


Rewards

Earn 5% cash back on everyday purchases at different places each quarter like Amazon.com, grocery stores, restaurants, and gas stations up to the quarterly maximum when you activate. Earn unlimited 1% cash back on all other purchases automatically.

Discover Discover it® Cash Back


Intro offer

Unlimited Cashback Match – Discover will automatically match all the cash back you’ve earned at the end of your first year


Rewards

Earn 5% cash back on everyday purchases at different places each quarter like Amazon.com, grocery stores, restaurants, and gas stations up to the quarterly maximum when you activate. Earn unlimited 1% cash back on all other purchases automatically.


Rewards

Earn 5% cash back on everyday purchases at different places each quarter like Amazon.com, grocery stores, restaurants, and gas stations up to the quarterly maximum when you activate. Earn unlimited 1% cash back on all other purchases automatically.


Intro offer

Unlimited Cashback Match – Discover will automatically match all the cash back you’ve earned at the end of your first year


Recommended Credit

Good to Excellent

Recommended credit score. Note that credit card lenders may use many different variations of credit score models when considering your application.

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Regular Annual Percentage Rate (APR)

16.24% – 27.24% Variable


Intro Annual Percentage Rate (APR)

0% intro APR for 15 months on purchases and balance transfers

Editor’s Rating

4.42/5

Our editor’s ratings analyze fees, bonuses, rewards, and benefits to highlight the simplest and most valuable credit cards available.

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Chase Chase Freedom Unlimited®

Chase Freedom Unlimited®


Intro offer

1.5% cash back in addition to regular earning on everything you buy up to $20,000 spent in the first year (worth up to $300 cash back)


Rewards

Earn 5% cash back on Chase travel purchased through Ultimate Rewards®, 3% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service, and unlimited 1.5% cash back on all other purchases.

Chase Chase Freedom Unlimited®

Chase Freedom Unlimited®


Intro offer

1.5% cash back in addition to regular earning on everything you buy up to $20,000 spent in the first year (worth up to $300 cash back)


Rewards

Earn 5% cash back on Chase travel purchased through Ultimate Rewards®, 3% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service, and unlimited 1.5% cash back on all other purchases.


Rewards

Earn 5% cash back on Chase travel purchased through Ultimate Rewards®, 3% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service, and unlimited 1.5% cash back on all other purchases.


Intro offer

1.5% cash back in addition to regular earning on everything you buy up to $20,000 spent in the first year (worth up to $300 cash back)


Recommended Credit

Good to Excellent


Regular Annual Percentage Rate (APR)

19.24% – 27.99% Variable


Intro Annual Percentage Rate (APR)

0% intro APR on purchases and balance transfers for the first 15 months

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Capital One Capital One SavorOne Cash Rewards Credit Card

Capital One SavorOne Cash Rewards Credit Card


Intro offer

$200 cash bonus once you spend $500 on purchases within the first 3 months from account opening


Rewards

Earn 10% cash back on purchases made through Uber & Uber Eats, plus complimentary Uber One membership statement credits through 11/14/2024. Earn 8% cash back on Capital One Entertainment purchases. Earn unlimited 5% cash back on hotels and rental cars booked through Capital One Travel. Earn unlimited 3% cash back on dining, entertainment, popular streaming services and at grocery stores. Earn 1% cash back on all other purchases.

Capital One Capital One SavorOne Cash Rewards Credit Card

Capital One SavorOne Cash Rewards Credit Card


Intro offer

$200 cash bonus once you spend $500 on purchases within the first 3 months from account opening


Rewards

Earn 10% cash back on purchases made through Uber & Uber Eats, plus complimentary Uber One membership statement credits through 11/14/2024. Earn 8% cash back on Capital One Entertainment purchases. Earn unlimited 5% cash back on hotels and rental cars booked through Capital One Travel. Earn unlimited 3% cash back on dining, entertainment, popular streaming services and at grocery stores. Earn 1% cash back on all other purchases.


Rewards

Earn 10% cash back on purchases made through Uber & Uber Eats, plus complimentary Uber One membership statement credits through 11/14/2024. Earn 8% cash back on Capital One Entertainment purchases. Earn unlimited 5% cash back on hotels and rental cars booked through Capital One Travel. Earn unlimited 3% cash back on dining, entertainment, popular streaming services and at grocery stores. Earn 1% cash back on all other purchases.


Intro offer

$200 cash bonus once you spend $500 on purchases within the first 3 months from account opening


Recommended Credit

Good to Excellent


Regular Annual Percentage Rate (APR)

19.24% – 29.24% Variable


Intro Annual Percentage Rate (APR)

0% intro APR on purchases and balance transfers for 15 months (3% fee on the amounts transferred within the first 15 months)

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Bank of America Bank of America® Customized Cash Rewards Credit Card for Students

Bank of America® Customized Cash Rewards Credit Card for Students


Intro offer

$200 cash rewards bonus after making $1,000 in purchases in the first 90 days from account opening


Rewards

3% and 2% cash back on the first $2,500 in combined choice category/grocery store/wholesale club purchases each quarter, then earn 1%. 1% cash back on all other purchases.

Bank of America Bank of America® Customized Cash Rewards Credit Card for Students

Bank of America® Customized Cash Rewards Credit Card for Students


Intro offer

$200 cash rewards bonus after making $1,000 in purchases in the first 90 days from account opening


Rewards

3% and 2% cash back on the first $2,500 in combined choice category/grocery store/wholesale club purchases each quarter, then earn 1%. 1% cash back on all other purchases.

On Bank of America’s website


Rewards

3% and 2% cash back on the first $2,500 in combined choice category/grocery store/wholesale club purchases each quarter, then earn 1%. 1% cash back on all other purchases.


Intro offer

$200 cash rewards bonus after making $1,000 in purchases in the first 90 days from account opening


Regular Annual Percentage Rate (APR)

16.99% – 26.99% Variable


Intro Annual Percentage Rate (APR)

0% intro APR for your first 18 billing cycles for purchases, and for any balance transfers made within the first 60 days of opening your account

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Capital One Capital One Quicksilver Secured Cash Rewards Credit Card

Capital One Quicksilver Secured Cash Rewards Credit Card


Rewards

Earn 1.5% cash back on all purchases

Capital One Capital One Quicksilver Secured Cash Rewards Credit Card

Capital One Quicksilver Secured Cash Rewards Credit Card


Rewards

Earn 1.5% cash back on all purchases


Rewards

Earn 1.5% cash back on all purchases


Recommended Credit

Limited, No History


Regular Annual Percentage Rate (APR)

29.74% Variable

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The Chase Sapphire Reserve® comes with 60,000 bonus points after you spend $4,000 on purchases in the first three months from account opening. That’s worth an average of $1,080 in travel, per Insider’s points and miles valuations. This value comes from transferring your points to partner airlines and hotels like Hyatt, Southwest, United Airlines, and more for free hotel stays and award flights.

This is a premium credit card with a $550 annual fee to prove it. If you’re able to use the card’s benefits regularly, the annual fee is easy to justify. You’ll get perks like:

If you travel by car or plane regularly, this is one of the best cards you can open. The card’s annual travel credit will automatically reimburse you for travel spending — meaning if you spend at least $300 per year on travel, the card’s annual fee is effectively $250. And the Priority Pass airport lounge access it offers is worth over $400 each year.

You’ll also get a handful of temporary benefits which can amount to several hundred dollars in value. For example, through December 31, 2024, you’ll get free DoorDash DashPass membership (waived delivery fees, reduced service fees on orders of $12 or more) and a $5 in-app credit each month. You’ll also get a year of free Instacart+ membership and up to $15 per month in credits on Instacart purchases when you activate by July 31, 2024.

You can see if you’re preapproved for Chase credit cards here.

Review: Chase Sapphire Reserve credit card review

The Capital One Venture Rewards Credit Card offers 75,000 miles after spending $4,000 on purchases within 3 months from account opening. That’s worth an average of $1,275 in travel when you transfer your points to airline and hotel partners such as Turkish Airlines, British Airways, Wyndham Rewards, and more for (nearly) free travel.

This $95-annual-fee card is an excellent card for beginners to the miles and points hobby. For starters, the card has a simple earning structure:

  • 5 miles per dollar on hotels and rental cars booked through Capital One Travel
  • 5 miles per dollar when you book Turo (through May 16, 2023)
  • 2 miles per dollar on all other purchases

In short, you’ll earn 2 miles per dollar for almost all spending. Because Insider estimates that Capital One miles are worth an average of 1.7 cents each when converted to airline miles and hotel points, you’re getting effectively 3.4% back on all purchases.

This card comes with up to $100 in reimbursement when applying for either TSA PreCheck or Global Entry. You’ll also get two free visits to Capital One Lounges each year (after which you’ll pay $45 per person per visit).

You can see if you’re preapproved for Capital One cards here.

Review: Capital One Venture Card review

The $0-annual-fee Discover it® Cash Back doesn’t come with a traditional welcome bonus. Instead, it comes with something called Unlimited Cashback Match – Discover will automatically match all the cash back you’ve earned at the end of your first year.

Here’s why that’s powerful. The card’s normal earning rates are:

  • 5% cash back on rotating categories (from January 1 to March 31, 2023, you can earn 5% cash back at grocery stores, drug stores and select streaming services on up to $1,500 in purchases after enrollment, then 1%)
  • 1% cash back on everything else

That’s a solid earning rate by itself — the ability to earn 5% back on common purchases is well above average. But with Discover matching the cash back you earn during the first year, those 5% rotating bonus categories turn into 10%, and you’ll receive a minimum of 2% on all other purchases in year one.

The card doesn’t offer much more in the form of ongoing benefits other than waived foreign transaction fees, a free FICO score (a common credit card perk), and no late fee on your first late payment.

The card also comes with 0% intro APR for 15 months on purchases and balance transfers, then a 16.24% – 27.24% Variable APR.

You can see if you’re preapproved for Discover credit cards here.

Review: Discover it Cash Back card review

The Chase Freedom Unlimited® offers 1.5% cash back in addition to regular earning on everything you buy up to $20,000 spent in the first year (worth up to $300 cash back). On the surface, that looks like a solid bonus — but it gets even better.

The Chase Freedom Unlimited® isn’t a true cash-back credit card. It actually earns Chase Ultimate Rewards® points, which are worth 1 cent each when redeemed for cash back. But you can get an average of 1.8 cents each from them if you convert them into airline miles or hotel points for cheap (or free) travel. To do this, you must have either the Chase Sapphire Preferred® CardChase Sapphire Reserve®, or Ink Business Preferred® Credit Card. You can then transfer your points from the Freedom Unlimited to one of these cards, and onto various travel partners.

The Chase Freedom Unlimited® offers the following earning rates:

  • 5% cash back (5 points per dollar) on travel purchased through the Chase Travel Portal
  • 5% back (5 points per dollar) on Lyft rides through March 2025
  • 3% cash back (3 points per dollar) on dining and drugstore purchases
  • 1.5% cash back (1.5 points per dollar) on everything else

This card has a $0 annual fee, so it’s free to try — and keep.

You can check for preapproved offers from Chase here.

Review: Chase Freedom Unlimited card review

The Capital One SavorOne Cash Rewards Credit Card comes with a welcome bonus of $200 cash bonus once you spend $500 on purchases within the first 3 months from account opening.

The real meat and potatoes of this card are in its earning rate for everyday spending, however. You’ll get:

  • 10% cash back with Uber and Uber Eats (through November 14, 2024)
  • 8% cash back on Capital One Entertainment purchases
  • 5% cash back on hotels and rental cars booked through Capital One Travel
  • 3% cash back on dining, grocery stores (except at superstores like Walmart® and Target®)
  • 3% cash back on eligible streaming services
  • 3% cash back on entertainment
  • 1% cash back on all other purchases

For a $0-annual-fee card, that’s pretty amazing. The card even comes with complimentary Uber One membership statement credits through November 14, 2024. Uber One normally costs $9.99 per month, and gives you $0 delivery fees, up to 10% off eligible Uber Eats, and more.

It’s also worth noting that if you’ve got a Capital One miles-earning credit card, such as the Capital One VentureOne Rewards Credit Card, you can convert your cash back into Capital One miles at a rate of 1 cent per mile. You can then transfer them to Capital One airline and hotel partners for outsized value.

You can see if you’re preapproved for Capital One cards here.

Review: Capital One SavorOne card review

Best student credit card: Bank of America® Customized Cash Rewards Credit Card for Students

The Bank of America® Customized Cash Rewards Credit Card for Students comes with a $200 cash rewards bonus after making $1,000 in purchases in the first 90 days from account opening. That’s an excellent bonus for a student credit card.

The earning rate of this $0-annual-fee student card is also above average. You can select to earn 3% back on one of the following categories:

  • Gas
  • Online shopping
  • Dining
  • Travel
  • Drugstores
  • Home improvement/furnishings

You can change your bonus category month to month.

You’ll also earn 2% back on groceries and at wholesale clubs — and 1% back on everything else. The only restriction is that you can only earn bonus points on up to $2,500 in combined spending across 3% and 2% categories each quarter. 

This card also aids students with a 0% intro APR for your first 18 billing cycles for purchases, and for any balance transfers made within the first 60 days of opening your account (then a 16.99% – 26.99% Variable APR). This is great for initial college purchases like course materials, dorm furniture, etc.

You can see if you are preapproved for Bank of America credit cards here.

Best secured credit card: Capital One Quicksilver Secured Cash Rewards Credit Card

The $0-annual-fee Capital One Quicksilver Secured Cash Rewards Credit Card doesn’t offer a welcome bonus at the moment. The tradeoff is that it’s remarkably easy to be approved for. Even if your credit score is subpar or you have less than three years of credit history, you can still be eligible for this card.

To get it, you’ll need to make a minimum deposit of $200. Based on your credit, you may be able to get a credit line higher than this. Your amount of available credit will match your deposit. After six months of on-time payments, you’ll be eligible for a raise in your credit line.

The card earns 5% cash back on hotels and car rentals booked through Capital One Travel and 1.5% back on all other eligible purchases. That’s a so-so return in the world of cash-back credit cards — but it’s above average for a secured credit card.

You can see if you’re preapproved for Capital One cards here.

Honorable mention: American Express cards

American Express has what is pretty inarguably the best type of “preapproval” process — though not all customers are eligible to use it at the moment.

It offers a feature called “Apply with confidence” which will tell you with absolute certainty if you will be approved for a specific credit card before it initiates a hard pull on your credit. This is currently only available for customers who do not already have an American Express card — and it will not work for co-branded airline and hotel credit cards such as the Delta SkyMiles® Gold American Express Card or Marriott Bonvoy Brilliant® American Express® Card.

It will work on some of the best American Express credit cards, such as The Platinum Card® from American Express
and American Express® Gold Card
.

If you’re already an American Express cardholder, Amex tends not to hard pull your credit when opening a new card, anyway. That’s preapproval-adjacent in that you won’t receive credit inquiries for cards you don’t open.

Best credit cards with preapproval frequently asked questions (FAQ)

If you’re preapproved for a credit card, the bank has examined a handful of factors (such as employment income, history of bankruptcies, etc.) and decided that your profile would be a good fit for its credit card. It does not guarantee that you’ll be approved when applying, but it lets you know that you’ve got a good chance.

Definitions vary depending on who you ask, but to be prequalified and preapproved are nearly the same thing. Preapproval often means that the bank has determined that your information more strongly meets the criteria of approval, implying that your odds are even stronger than a prequalified offer.

Preapproved offers also may tend to more frequently come from a bank with which you’ve already got a relationship, as they know you better.  

Nearly all banks offer some form of preapproval — but not all give you the ability to initiate the process.

For example, while Barclays may send out targeted mailers, there is no webpage for US citizens to visit to see if they’re preapproved for offers. Citi also has (temporarily?) deactivated the ability to check for preapprovals online.

Most major banks (Bank of America, Capital One, Chase, and Discover) currently allow you to check for preapproved offers (or prequalified offers — again, these terms are basically interchangeable). And American Express offers its own flavor of preapproval for new cardholders with its “Apply with confidence” feature.

It’s also worth noting that banks generally will not offer preapprovals for small-business credit cards.

To see if you’re preapproved for a specific card, many banks provide a landing page on their website which allows you to input some quick details (name, address, and last four digits of your Social Security number, usually) to view a list of offers targeted to you.

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