So if you ve opened at least 5 new credit card accounts in the last 24 months it is extremely unlikely you would be approved for the chase sapphire preferred card.
Chase sapphire preferred credit score approval.
According to credit karma the chase sapphire preferred s average required score is 736.
The chase sapphire preferred is a great card and chase won t just approve anyone for it.
For the 6 of cardholders below 600 and perhaps even the 11 below 650 it s likely their scores took a hit sometime after having already been approved for the card.
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.
The chase sapphire preferred card is one of those cards affected by this rule.
However it s certainly possible to be approved for the chase sapphire preferred as a beginner.
Final word on chase sapphire preferred approval odds.
And the typical low score is 646.
A credit score of at least 700 is usually required to be approved for the chase sapphire preferred card.
After all tpg contributor ethan steinberg had no trouble getting approved for the chase sapphire preferred as his first card.
Tips on how to get approved for the chase sapphire preferred.
The chase sapphire preferred currently has a bonus offer of 80 000 chase ultimate rewards points after spending 4 000 in the first three months from account opening.
Your overall credit score is just 1 part of the equation.