Credit Score Needed To Get Chase Sapphire Reserve

The chase sapphire reserve has slightly stricter approval requirements than its little brother the chase sapphire preferred card reports suggest that you ll typically need a score of at least 720 to get approved for the card though the average score is a bit higher.

Credit score needed to get chase sapphire reserve.

Credit score needed for chase sapphire reserve. By way of comparison the chase sapphire reserve has a minimum credit limit of 5 000 and only 10 of cardholders have credit limits exceeding 20 000. You usually need an excellent credit score. Credit score required for the chase sapphire reserve.

So before we get into the ideal chase sapphire reserve credit score let s go over some of the most important factors on your credit report and how those will be considered for your approval decision. In reality a 700 credit score with no credit history won t do you much good when applying for the sapphire reserve. I d recommend applying for one of these cards first if you re just starting to build. To start earning 2x points on travel and dining apply for the sapphire preferred the chase sapphire preferred card is one of the most popular travel reward cards on the market.

These days most consumer credit scores are calculated on a range of 300 to 850 with 850 being the best possible credit score you can. Reports indicate that some chase sapphire reserve cardholders receive initial credit limits between 30 000 and 60 000 but rumors persist of limits as high as half a million dollars. When it comes to the chase sapphire reserve the credit score needed may be higher than your personal score at this time but that doesn t mean you can never get your hands one of these sought after cards. But sometimes even that won t guarantee an approval.

Credit score needed for chase sapphire reserve. 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. Although the chase sapphire preferred is considered a great beginner card and is easier to be approved for than the chase sapphire reserve y ou re not likely to get approved if you re just starting out or only have one credit card to your name. Credit score required for the chase sapphire preferred.

And sometimes you can be approved with a lesser than excellent score too. I applied for the chase saphire reserve yesterday and it said that it needed more time to be reviewed. But it s not so easy to get. But in general 720 is considered an excellent score.

These chase sapphire reserve benefits are in addition to the 300 annual travel credit global entry tsa precheck application fee reimbursement and complimentary airport lounge access.