The Bank of Montreal, more commonly known as BMO, has introduced a new tool allowing prospective credit card applicants to get preapproved before officially applying.This means customers can get a pretty good idea (though not a guarantee) of what cards they’ll be approved for without the bank requiring a hard credit pull. Let’s take a look at the details. AdvertisementBMO’s New Preapproval Tool BMO now offers a tool that allows customers to check their preapproval status for a credit card before applying, a ...