Pre approved for card but decision referred.

I completed a soft search and it said I was pre approved for a new credit card. I applied and they made an offer of what the APR would be and if I wanted to proceed to sign and click submit.

I then got a message we can’t make a decision now, this seems odd as I was pre approved. Maybe it’s because I applied late on a Saturday night?

Any ideas what’s up, or have a similar experience?

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