Congrats! A pre-approval is good news. It means you’ve met the initial criteria for the Petal card, but you’ll still need to submit an application to see if you’re approved.
Pre-approval and approval are not necessarily the same—there are some instances where you may be pre-approved, but fail to qualify after submitting your application. This may happen, for instance, if there have been major changes to your credit report over the past 30 days. The only way to see for sure if you qualify is by submitting your full application after you’ve been pre-approved.