Chase credit card approval odds are best for people with a credit score of 700+. That means you’ll need at least good credit to be approved. Chase credit card approval odds will also be influenced by the applicants’ annual income and existing debts. Plus, applicants will need to be 18+ years old with a U.S. mailing address and an SSN or ITIN to get a Chase credit card.
Credit Requirements for Good Chase Credit Card Approval Odds
While credit scores are very important, Chase credit card approval depends on several other factors as well. For example, applicants need to have enough income to make payments on the card. Chase will also look at your monthly housing costs and existing debts when considering your application.
If you’re already a Chase customer and want to get a better sense of your approval odds before applying for a Chase credit card, you can always check to see if you’re pre-qualified for any offers on the Chase website. Pre-qualifying does not guarantee approval, but it does indicate that you have pretty good odds of getting approved for certain cards, and it won’t affect your credit score.
The main exception to the rule is the Chase Freedom® Student credit card, which is available to students with limited credit or better. Still, the higher your credit score is, the better your Chase credit card approval odds will be.
Ink Business cards: Good Credit. Ink Business Preferred® Credit Card, for instance, requires a credit score of 700 at a minimum. That means you need good credit or better for approval.
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 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.
The easiest Chase credit card to get is the Chase Freedom® Student credit card because applicants can get approved with limited credit. This means the odds of approval are good even for people who are new to credit, making the Chase Freedom® Student credit card much easier to get than other Chase credit cards.… read full answer
Having one of these Chase credit cards may increase your chances of landing a higher-tier credit card in the future, if you use it responsibly. That means paying your bill on time every month and keeping your credit utilization below 30% of your credit limit.
Yes, there are some tips for how to apply for a Chase credit card and get approved, or at least have better chances of approval: You can apply online or by submitting a written application at a Chase Bank branch. You can’t apply for a Chase credit card over the phone, though. How to actually get approved is the tricky part. At a minimum, you’ll need at least good credit and enough income or assets to afford a new line of credit, given your current debt obligations.… read full answer
But let’s tackle these issues one at a time. There’s more to learn about the application process, and then we’ll get into approval tips.
Here’s how to apply for a Chase credit card:
Online: You can access all Chase’s credit card applications online. Once you find an offer you like, click “Apply Now.” On the application, you’ll have to supply Chase with your name and address, income and employment information, contact details, and Social Security Number (SSN). You may be approved instantly, or it could take up to 10 days to receive a response by mail or email.
Paper Application: Chase may send you a preapproved credit card offer. In that case, you can fill out the application they include and mail it back to them. Otherwise, you can get a paper application at your local Chase branch.
Now that you know how to apply, it’s time to talk about getting approved. The truth is, every credit card issuer has different ways of calculating approval, and they don’t share that information with the public. But there are several things you can be sure about with Chase approval.
Here’s how to get approved for a Chase credit card:
Get your credit score up. Regardless of what Chase card you apply for, you’re going to need good credit to get approved. Your chances will improve with a score of 700+ for cards that require good credit, and a score of 750+ for cards that require excellent credit.
Use your money wisely. Put some of what you earn into savings each month if you can, to show Chase that you have funds available. And try to only use 30% or less of your available credit. In addition, pay your existing bills on time. Also, don’t bother applying if you had a bankruptcy that’s still on your credit report. You’ll most likely be automatically denied.
Remember 5/24. According to some other users’ comments, you have no chance of getting a Chase credit card if you’ve opened more than five accounts in the last 24 months, regardless of your credit standing. And although the issuer doesn’t confirm that policy, opening that many accounts in that little time isn’t the best idea anyway.
The key to getting approved is responsibility. If you’re consistently paying on time, managing your existing credit well, and have a good credit score, your odds of approval will increase. I wish you the best of luck!
WalletHub Answers is a free service that helps consumers access financial information. Information on WalletHub Answers is provided “as is” and should not be considered financial, legal or investment advice. WalletHub is not a financial advisor, law firm, “lawyer referral service,” or a substitute for a financial advisor, attorney, or law firm. You may want to hire a professional before making any decision. WalletHub does not endorse any particular contributors and cannot guarantee the quality or reliability of any information posted. The helpfulness of a financial advisor's answer is not indicative of future advisor performance.
WalletHub members have a wealth of knowledge to share, and we encourage everyone to do so while respecting our content guidelines. This question was posted by a WalletHub user.
Please keep in mind that editorial and user-generated content on this page is not reviewed or otherwise endorsed by any financial institution. In addition, it is not a financial institution’s responsibility to ensure all posts and questions are answered.
Ad Disclosure: Certain offers that appear on this site originate from paying advertisers, and this will be noted on an offer’s details page using the designation "Sponsored", where applicable. Advertising may impact how and where products appear on this site (including, for example, the order in which they appear). At WalletHub we try to present a wide array of offers, but our offers do not represent all financial services companies or products.