If you have excellent credit and strong qualifications you may get an instant approval.
Getting approved chase sapphire preferred.
Restrictions and limitations apply.
It s more difficult to get a chase credit card pre approval than a pre qualification and much of it comes down to luck.
Once you re approved for your chase sapphire preferred card i m sure you ll be wondering how best to earn and spend your chase ultimate rewards.
Approval time for chase sapphire preferred.
Your chase sapphire preferred account must be open and not in default to maintain subscription benefits.
Credit score required for the chase sapphire preferred.
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.
Accounts subject to credit approval.
There are two ways.
You can only access the benefits available with your current credit card.
In this case your new chase sapphire preferred card will be sent to you within 2 weeks.
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.
Basically many chase credit cards including this one are subject to what s known as the 5 24 rule which means you won t be approved for a chase sapphire preferred card if you ve opened five or more credit card accounts within the last 24 months.
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.
The chase sapphire preferred now has a first ever public offer of 80 000 bonus points after spending 4 000 within the first 3 months.
How to get pre approved for chase credit cards.
Sapphire preferred credit cards are issued by jpmorgan chase bank n a.
It s simple to earn and spend points with the chase sapphire preferred card especially since you get 80 000 points after spending 4 000 in the first 3 months.
The chase sapphire reserve has slightly stricter approval requirements than its little brother the chase sapphire preferred card.
I d recommend applying for one of these cards first if you re just starting to build.
Final word on chase sapphire preferred approval odds.
I have three cards from chase.
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.
If you didn t get the instant approval you may get a message saying a decision will be made in 7 10 business days.
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.
The chase sapphire preferred is a great card and chase won t just approve anyone for it.
But it s not so easy to get.