When applying for credit card, the company that will be issuing the card will typically perform what is known as a "hard inquiry" or "hard pull" on your credit report to determine whether or not you are creditworthy. This is done to determine whether or not you are a good candidate for the card. Hard queries might temporarily lower your credit ratings. On the other hand, many of the largest credit card issuers provide a pre-qualification or preapproval procedure that enables you to avoid taking a penalty to your credit scores initially. To estimate your chances of acceptance, these screening systems look at your basic credit information and do a "soft" credit check. Your scores are unaffected by soft queries. Find below credit cards that offer preapproval.

Hard pull will often still occur if you want to make an official application for the card. Nonetheless, the prescreening process will have provided you with a clear idea of where you stand, including whether the difficult pull will be worthwhile. Before accepting hard pull, some credit cards may display your offer, including your credit limit and APR. Below are some best credit cards that offer preapproval.

OpenSky Visa

Even among secured credit cards, the OpenSky Credit Card is unique because it does not need applicants to have bank account or undergo any form of credit check to be approved for a card. The security deposit determines your credit limit, which must be at least $200. If you have a history of making on-time payments, you can recover this money when you shut the account and move on to a new credit card. TransUnion, Equifax, and Experian are the three main credit bureaus that receive payment reports. These businesses compile the data that is utilized to determine your credit score. The card has an annual charge of $35.

Petal® 2 "Cash Back, No Fees" Visa® Credit Card

Preapproval is available for the Petal® 2 "Cash Back, No Fees" Visa® Credit Card; however, WebBank, the card's issuer, might consider factors other than FICO scores when making its decision. Depending on their income, savings, and discretionary spending, those with less credit history may find it simpler to qualify. There is no yearly fee, and the card earns rewards.

Upgrade Cash Rewards Visa®

When you don't pay off your monthly bill, the Upgrade Cash Rewards Visa® combines the characteristics of a credit card and a personal loan, simplifying budgeting. Each leftover amount is subject to a predetermined interest rate from the issuer. When you go through the preapproval process, before you formally apply for the card and accept the conditions, you will have visibility that is not often available in a conventional application process. This visibility will allow you to view your possible credit limit. The card has no annual cost, reports to all three major credit agencies, and offers incentives.

Discover it® Secured Credit Card

The yearly charge of $0 The preapproval procedure for the Discover it® Secured Credit Card is non-destructive to your credit scores. The card has a minimum security deposit of $200, but given all the perks that come with having the card, it could be money well spent. It receives a sign-up bonus and incentives, which may put some money back into your pocket while the security deposit is held. As a cardholder, you can get 2% cash back on combined purchases of up to $1,000 at gas stations and restaurants each quarter and 1% cash back on all other transactions. When you've had the card for seven months, the issuer will look at your account to see whether you're qualified to upgrade to an unsecured credit card with the company and get your deposit back.

Mission Lane Visa® Credit Card

For those who are just starting or looking for a second chance and want to avoid putting down a security deposit, the Mission Lane Visa® Credit Card might be an alternative. The annual charge ranges from $0 to $59. Still, compared to the fees associated with other no-deposit credit cards for those with less-than-perfect credit, this one is rather reasonable. Your account is evaluated for credit limit increase once during first year, and payments are reported to all three major credit agencies. If you are eligible, getting a raise like that might benefit your credit scores since it can reduce the percentage of your available credit that you are using.