Applicants for the Chase Sapphire Preferred card need a credit score of 700 or higher for good approval odds. This card requires at least good credit to qualify, and the higher your credit score is, the better your approval odds will be.
You can check your latest credit score for free on WalletHub to see where you stand.
It’s important to note that while your credit score is an important factor in determining whether or not you will be approved for Chase Sapphire Preferred, there are plenty of other things that will impact the decision, too. Some other important criteria include your income, existing debt load, number of open accounts, recent credit inquiries, employment status, monthly housing payment, and more.
It can be hard to qualify for the Chase Sapphire Preferred® Card card. But this card is worth getting, especially due to its generous bonus rewards on travel and dining.
Chase Sapphire Preferred Rewards & Perks
- Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 when you redeem through Chase Ultimate Rewards®.
- Enjoy benefits such as a $50 annual Ultimate Rewards Hotel Credit, 5x on travel purchased through Chase Ultimate Rewards®, 3x on dining and 2x on all other travel purchases, plus more.
- Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards®. For example, 60,000 points are worth $750 toward travel.
- Get complimentary access to DashPass which unlocks $0 delivery fees and lower service fees for a minimum of one year when you activate by December 31, 2024.
The Chase Sapphire Preferred card also comes with several benefits, including different types of travel insurance, extended warranty protection, and purchase protection.
What to Do If You Get Rejected for Chase Sapphire Preferred
If you get rejected for Chase Sapphire Preferred, you can call Chase’s reconsideration line at (888) 270-2127. Just bear in mind that you’ll typically have a shot at overturning a denial only if you can prove that your financial profile is better than it appeared on your initial application.
If this doesn’t work or if you don’t think you have what it takes to meet the credit score requirement, you’re still not out of options. There are plenty of great rewards credit cards for people with good, fair, limited and even bad credit. You can check out WalletHub’s review of 2023’s best rewards cards for each credit level to learn more.