Does the Chase Sapphire Reserve card have pre-approval?

Yes, Chase does have pre-approval. Chase has an online pre-approval page where potential applicants can quickly check their odds of approval for certain Chase credit cards before they actually apply for one. Current Chase customers may also receive pre-approved offers periodically by e-mail or when logging into their card’s online account. And in some cases, Chase will send people pre-approved offers for a specific credit card in the mail.... read full answer

Getting pre-approved for a Chase credit card indicates that your chances of being approved for an account are very high, should you decide to apply. It does not mean that approval is guaranteed.

How to Check for Chase Pre-Approval Online

1. Click “on the pre-approval page” on the Chase website.
2. Log in to your Chase account.”
3. Enter your full name, address, and the last 4 digits of your Social Security number.
4. Click “Find My Offers” to view any pre-approved offers.

If you have pre-approved offers, you can apply for the card of your choice directly from the pre-approval site. Simply click the button next to the card you want, and you will be directed to the card’s application page.

To respond to a pre-approved offer in the mail, visit the website listed in your pre-approval letter and enter the invitation code included with your offer. This allows Chase to flag the application as pre-approved.

Chase pre-approvals do not affect your credit score, as they’re done using a soft “pull,” or inquiry. But if you decide to submit an application for any Chase card, Chase will conduct a hard inquiry, which will lead to a slight, but temporary decrease in your credit score.

You were probably denied for Chase Sapphire Reserve due to having a less-than-excellent credit (a credit score below 750) and not earning enough income to keep up with monthly payments.

According to previous applicants, Chase may also deny a Chase Sapphire Reserve application due to bankruptcy and not having established a long enough credit history with similar credit cards.... read full answer

What you should do if your Chase Sapphire Reserve application was denied:

• Find out the reason for the application denial. Chase usually sends a letter citing the specific reason(s) for a denial within 7-10 business days of rejecting a credit card application. In most cases, your application could be denied due to having a lower credit score or not having enough income.
• Call the Chase reconsideration line. If you think the stated reasons are inaccurate, you can call the Chase reconsideration line at (888) 609-7805. This option may be worth a try if you’ve recently resolved any issues that may have led to the denial, such as an error on your credit report. Reconsideration is also a good idea if there’s been a significant positive change in your finances since you applied.
• Improve your credit. After being denied for Chase Sapphire Reserve, you should look into ways to improve your credit, too. One option is signing on to another cardholder’s account as an authorized user. You could also apply for a credit card that’s easier to get than Chase Sapphire Reserve. You can use WalltHub’s Card Advisor tool to find the most suitable options for you.

Ultimately, improving your credit score will increase your odds of approval if you decide to re-apply for the Chase Sapphire Reserve card in the future.

Pre-approved and pre-qualified credit card offers both indicate that a potential applicant is likely to be approved, but they are used in slightly different situations. Being pre-approved means the issuer sent you an offer, while pre-qualification usually means you checked your approval odds through the issuer’s website. However, the terms are often used interchangeably.... read full answer

Both pre-approved and pre-qualified credit card offers have no effect on your credit standing, as issuers only use a soft pull to gauge your eligibility. But if you decide to apply after being pre-qualified or pre-approved, the issuer will do a hard pull of your credit, which will temporarily lower your score.

Pre-Approved Vs. Pre-Qualified Credit Cards

Top 7 Issuers That Offer an Online Pre-qualification Tool

• American Express
• Bank of America
• Capital One
• Chase
• Citibank
• Navy Federal Credit Union
• Wells Fargo

Pre-approved and pre-qualified offers generally provide an 80% - 90% chance of approval. On the other hand, if you get a “pre-selected” offer, it means you fit some general criteria established by the issuer and have around a 70% chance of approval. Lastly, an “invitation to apply” gets sent out based on demographics, not your credit. Such offers have lower acceptance rates because they’re sent to large groups of people and are not as targeted.