Chase Sapphire Preferred Credit Score Income

According to credit karma the chase sapphire preferred s average required score is 736.

Chase sapphire preferred credit score income.

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. With the pay yourself back tool your ultimate rewards points are worth 25 more when you redeem them for statement credits against purchases in our current categories. This graph shows the credit scores of credit karma members who carry the chase sapphire preferred 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. 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. Many other factors go into qualification beyond your credit score such as your income and your credit. 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.

So while the average score for approvals is good to very good perfect credit history isn t necessary. 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 is broadening your world of benefits. Your chase sapphire preferred account must be open and not in default to maintain subscription benefits.

Final word on chase sapphire preferred approval odds. Your credit limit depends on your credit score income and how well you ve been handling credit in the past. 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. You can only access the benefits available with your current credit card.

Restrictions and limitations apply. Due to this chase is not likely to extend that amount of credit to an applicant with relatively low income. And the typical low score is 646. The chase sapphire preferred is a great card and chase won t just approve anyone for it.

Sapphire preferred credit cards are issued by jpmorgan chase bank n a. Grocery stores and dining at restaurants including takeout and eligible delivery services home improvement stores such as home depot and lowe s and select. But it s not so easy to get.