Banks pay a small fee to do a soft credit pull and send these pre-approval invitations to people with qualifying credit scores. The invitation letter will be for the Ollo Platinum or Ollo Rewards. Your approval odds should be very good because you can only apply for an Ollo credit card if you get an invitation.
Ollo will perform a hard credit pull when you respond to their mail offer. This inquiry verifies there have been no major changes to your credit report since they sent the offer. You will most likely receive an instant approval credit card decision within one minute. If approved, Ollo will send you one of these cards.
Ollo Card Mobile App
You can also enroll in the App if you are a new cardholder. For the Ollo Card app download, you should visit your device’s Google Play Store or Apple app store. The Android and iOS platforms both offer mobile applications. All customers can download mobile apps and benefit from a secure and seamless experience through the App. Customers can access all the Ollo Card Services and feature available through the online portal.
Mobile app features:
- View your balances and recent transactions on an easy-to-read screen.
- Schedule of one-time and recurring payments
- View bank statements up to 24 months in advance.
- Check your FICO score for free.
- Configure account notifications
- New customer? Register directly in the App
How Do You Know If You Qualify?
To find out if you qualify for one of these cards, you can sign up for a free account in Experian CreditMatch which enables you to get matched with cards based on your credit profile and spending habits. Once signed into the Experian site, you click on the “Credit Cards” tab at the top of your screen to get a list of personalized credit card offers matched to your overall credit profile. If you qualify for the Ollo cards, they will appear in the list, typically in the top five options.