Bogdan Roberts, Credit Cards Moderator
@bogdan_roberts
Your Chase Sapphire Preferred approval odds are best if you have a credit score of at least 700. That means you’ll need at least good credit to be approved. Having a steady income is also preferable. In addition, you need to be at least 18 years old and have either a Social Security Number (SSN) or an Individual Taxpayer Identification Number (ITIN).
How to improve your Chase Sapphire Preferred approval odds:
- You must be at least 18 years old and have either an SSN or an ITIN.
- Have a credit score of at least 700. That means you’ll require at least good credit for approval.
- Having a steady income and low existing debt load is preferable.
- Keep your credit utilization low on your other credit card accounts.
- Avoid having many recent hard inquiries on your credit report.
You can check and see if you’re pre-approved for the Chase Sapphire Preferred online. This inquiry will not hurt your credit score, but it won’t guarantee approval either.
To get a better understanding of where you stand in terms of your chances of approval for the Chase Sapphire Preferred and other credit cards, you can check your credit score for free, right here on WalletHub.
People also ask
How long does it take to get approved for Chase Sapphire Preferred?
It can take as little as 60 seconds to get approved for Chase Sapphire Preferred. If you don’t get instantly approved, it usually takes 7-10 business days to receive a decision on your application. In some cases, however, it can take Chase up to 30 days to make a ruling.
Chase Sapphire Preferred Delivery Timeline
Once approved, applicants should receive their new Chase Sapphire Preferred card in the mail in about 5 to 7 days. To get 72-hour expedited...
read full answerWhat credit score do you need for a Chase credit card?
Most Chase credit cards require a credit score of at least 670 to get approved. That means you need good credit or better to qualify for the majority of Chase credit cards. For example, the credit score requirement for both the Chase Freedom Flex℠ card and the Chase Sapphire Preferred® Card is 700+.
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...
read full answerWhat credit bureau does Chase Sapphire Preferred use for approval?
The Chase Sapphire Preferred card mainly uses Experian for approval. That doesn’t mean it won’t use the other major credit bureaus: TransUnion and Equifax, it depends on the state you live in.
As for reporting, Chase reports to all three credit bureaus, regardless of which of their credit card you own.
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