Chase credit card annual fees depend on the card. Several Chase credit cards come with a $0 annual fee, while others charge up to $550, annually.
Chase applies an annual fee to some of its credit cards to help cover the cost of the card’s benefits and rewards. For example, the Chase Sapphire Preferred® Card and the Chase Sapphire Reserve® card are among the best travel rewards cards on the market and they annually charge $95 and $550, respectively. There’s also a host of co-branded airline and hotel rewards cards that offer an array of perks and rewards, so you should plan to pay an annual fee if you should decide to use any of these cards.
Whether a Chase credit card with an annual fee is worth it depends on your lifestyle, your spending habits, and rewards and travel preferences. If you’re a frequent traveler and loyal to a particular airline or hotel chain, the annual fee will more than pay for itself. If you don’t travel much, or don’t anticipate making any big purchases over the course of a year, stick with a Chase credit card with no annual fee.
The Chase credit card credit score requirement is "good" (a score of 700, at a minimum) or "excellent" (a score of 750, at a minimum), depending on the card. Most Chase cards require at least good credit (a score of 700+), including the Amazon.com Credit Card, the Chase Freedom Flex℠card, and the Ink Business cards. There are also several Chase credit cards that require excellent credit, including the … read full answerChase Sapphire Reserve® card. Chase does not offer credit cards for fair credit or lower credit scores at this time.
It is possible to get approved for a Chase credit card with a credit score lower than 700. Your chances are best if you have a high income and not much debt. Chase also looks at your employment status, housing information, credit history, payment history and more. These factors, combined with your credit score, will ultimately determine your creditworthiness. But the higher your credit score is above 700, the better your Chase credit card approval odds will be.
Major Chase credit card credit score requirements:
Chase hotel cards: Good Credit. The World of Hyatt Credit Card, for instance, requires a credit score of 700 at a minimum. That means you need good credit or better for approval.
Most Chase airline cards: Good Credit. United Quest℠ Card, for instance, requires a credit score of 700 at a minimum. That means you need at good credit or better for approval.
Be sure to check your credit score regularly to assess your chances of meeting the Chase credit card credit score requirements. Chase also has an online pre-approval tool that gives you an indication of how well your credit stacks up without having to formally apply.
You'll know within seconds if you're pre-approved for any Chase credit cards. There's no guarantee you'll be approved if you apply, but the odds are on your side. Pre-approvals are done using a soft inquiry or "soft pull" on your credit report, which means there's no effect on your credit score. However, if you decide to actually apply for a card, Chase will perform a hard inquiry, which may cause a slight dip in your credit score.
There are different types of Chase credit cards for travel rewards and cash back. There are also different Chase cards for consumers and small business owners. Some Chase credit cards charge annual fees while others don’t, and those often have 0% APRs too. Still other Chase cards are affiliated with airlines and hotels. So, there are lots of ways to look at it.… read full answer
You could say there are three types of Chase cards: personal, business and co-branded. The Amazon.com Credit Card, the British Airways Credit Card and the Marriott Bonvoy Boundless™ Credit Card are examples of Chase co-branded cards. Or, you could make the case that there are just two types of Chase credit cards: those for people with good or excellent credit, and those for excellent credit only. However, there are no types of Chase credit cards available for students or people with lower credit scores.
Although Chase may seem to have credit cards for just about every need, there are none for building credit. So, people with bad, limited, or fair credit might need to look elsewhere. Fortunately, Chase lets you check for pre-approval. There’s no guarantee you’ll be approved if you’re pre-approved, but the odds are in your favor.
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