Chase Sapphire Preferred Credit Score Income

Final word on chase sapphire preferred approval odds.

Chase sapphire preferred credit score income.

Your chase sapphire preferred account must be open and not in default to maintain subscription benefits. The chase sapphire preferred is a great card and chase won t just approve anyone for it. The chase sapphire preferred card is one of the most popular travel reward cards on the market. I know some have been approved with a much lower credit score so i would assume if you currently have an account with chase you may have a better chance than someone like me that has no ties to chase at all.

The stated income you list on your application plays a large role in your chase sapphire preferred card approval odds because the minimum credit limit for new cardholders is 5 000. Sapphire preferred credit cards are issued by jpmorgan chase bank n a. If you ve been eyeing the chase sapphire reserve but your score aligns better with the chase sapphire preferred you can apply for the csp with the lower score requirement and then request a product change to the csr. If you re unsure about your eligibility but have an above 700 credit score still apply for chase sapphire preferred for a chance to earn rewards when dining and traveling.

Data points from people applying for the chase sapphire preferred. Plus this will allow you to earn a higher welcome bonus of 80 000 ultimate rewards points worth 1 600 based on tpg. Chase sapphire preferred card is usually only for those with excellent credit. My credit score on credit karma is a 750 avg and over 800 in the real world by the big 3 credit bureaus so go figure.

This graph shows the credit scores of credit karma members who carry the chase sapphire preferred card. Firstly a credit score is not the only deciding factor so don t panic if yours isn t quite where you d like it to be. You can only access the benefits available with your current credit card. The average credit score of people who were approved for the chase sapphire preferred is 740 which sits squarely in the excellent rating category.

If you have a decent credit history a few accounts 3 to 5 years old or more a decent score somewhere close to 720 and an income of 50 000 you probably have some good odds of being approved. Accounts subject to credit approval. Even if you receive an initial low limit you can always ask for a credit line increase after you ve proved to be a responsible user. Your credit limit depends on your credit score income and how well you ve been handling credit in the past.

Restrictions and limitations apply.