What are the benefits of Chase credit cards?

Chase Freedom Flex℠ is the best Chase credit card for bonus rewards on ongoing purchases, giving 5% on the first $1,500 spent per quarter in bonus categories that change every 3 months. 5% on travel purchased through Chase, 3% on dining at restaurants and drugstores, and 1% on all other purchases. Plus, the Chase Freedom Flex℠’s initial bonus is $200 for spending $500 in the first 3 months. And this card has a $0 annual fee.… read full answer

The best Chase credit card initial bonus offer comes from the Chase Sapphire Preferred® Card: 60,000 points for spending $4,000 in the first 3 months. That can cover the card’s $95 annual fee for several years, depending on how you redeem. Plus, this card’s ongoing bonus is 5 points per $1 spent on travel purchased through Chase, 2 points per $1 on all other travel purchases, 3 points per $1 on dining and online grocery purchases, 3 points per $1 on select streaming services, and 1 point per $1 on all other purchases.

There are a handful of universal minimum Chase credit card requirements: 1) an SSN; 2) a U.S. mailing address; 3) enough money for monthly bill payments; 4) good or excellent credit; 5) fewer than five credit cards opened in the last two years (widely rumored but not confirmed); and 6) no bankruptcy on your credit report (widely rumored but not confirmed). In general, Chase credit cards aren't the easiest to get since most require a good or excellent credit score for approval (700 or more).… read full answer

Most of those requirements are pretty standard, although some credit card companies offer cards to people with lower scores. But merely meeting those baseline criteria doesn’t guarantee approval. Each individual Chase credit card has requirements on top of that, which are tailored to identifying the right type of cardholder for that particular offer. For instance, you need at least $10 million in assets to qualify for the J.P. Morgan Reserve Credit Card.

But let’s focus on what you can control: your credit standing and ability to pay. You can easily check how you’re doing in both categories and take steps to improve before applying for a Chase credit card, if necessary. Below, you can find info on the most popular Chase cards’ credit requirements and minimum spending limits. This should help you estimate your approval odds. Seeing which Chase credit cards you’re pre-approved for isn’t a bad idea either.

Chase credit cards that require excellent credit

• Chase Sapphire Reserve®: $550 annual fee, $10,000 minimum limit
• J.P. Morgan Reserve Credit Card: $550 annual fee, no disclosed minimum credit limit

Chase credit cards that require good credit or better

• Chase Freedom Flex℠: $0 annual fee, $500 minimum limit
• Chase Freedom Unlimited®: $0 annual fee, $500 minimum limit
• Chase Sapphire Preferred® Card: $95 annual fee, $5,000 minimum limit
• Ink Business Preferred® Credit Card: $95 annual fee, $5,000 minimum limit
• Ink Business Cash® Credit Card: $0 annual fee, $3,000 minimum limit
• Amazon.com Credit Card: $0 annual fee, $500 minimum limit
• Disney Premier Credit Card: $49 annual fee, $5,000 minimum limit
• 9 other co-branded cards with $5,000 minimum limits

Now you know some of the tests you’ll need to pass to get a card from Chase. But this just scratches the surface of what Chase looks at for approval. They’ll also examine your debts, credit utilization, and a whole host of other factors.

If you have limited or damaged credit, your chances of getting a Chase card are almost none. Instead, I’d recommend the Capital One QuicksilverOne Cash Rewards Credit Card for limited credit rewards, the Journey Student Rewards from Capital One if you’re a college student, and Capital One Quicksilver Secured Cash Rewards Credit Card if you have bad credit.

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

Easiest Chase Credit Cards to Get

• Chase Freedom® Student credit card: requires limited credit or better
• Chase Freedom Unlimited®: requires good credit or better
• Chase Freedom Flex℠: requires good credit or better
• Chase Sapphire Preferred® Card: requires good credit or better
• Marriott Bonvoy Bold® Credit Card: requires good credit or better

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.