Chase Sapphire Preferred Card Credit Limit

As is the case with most chase cards the chase sapphire preferred is subject to chase s 5 24 rule.

Chase sapphire preferred card credit limit.

Credit cards branded visa signature or visa infinite typically offer a starting credit limit of 5 000 or more. Well i went on chase site and used their pre qual tool and freedom came up i applied and was approved for 5 000. So if chase doesn t qualify you for at least a 5 000 credit line then you usually won t be approved for the card either. The 5 24 rule means that if you ve opened five or more personal credit cards with any issuer in the last 24 months chase will automatically reject your application.

Your chase sapphire preferred account must be open and not in default to maintain subscription benefits. Grocery stores and dining at restaurants including takeout and eligible delivery services home improvement stores such as home depot and lowe s and select. Many offer rewards that can be redeemed for cash back or for rewards at companies like disney marriott hyatt united or southwest airlines. And as further proof of the fact that the chase sapphire preferred card isn t an entry level model is the fact that a full 10 of users obtained a credit limit over 20 000.

Accounts subject to credit approval. Let s take a look at what kind of credit limit chase sapphire preferred offers. I had 2 chase cards with 250 300 limits a boa with 500 capital 1 with 300 and cap 1 turned me down for a credit limit increase. The average credit limit on this card is 10 000 and about 10 of cardholders report a credit limit that exceeds 20 000.

Chase sapphire preferred credit limit range. Compared to the reported credit limits of the chase freedom flex one of the bank s starter credit cards the chase sapphire preferred card has ten times as. Restrictions and limitations apply. We can help you find the credit card that matches your lifestyle.

You can only access the benefits available with your current credit card. Sapphire reserve is broadening your world of benefits. The lowest credit limit usually offered by chase sapphire preferred is 5 000. The chase sapphire preferred card also happens to be the best credit card with a high limit overall considering more than just spending power.

With the pay yourself back tool your ultimate rewards points are worth 50 more when you redeem them for statement credits against purchases in our current categories. Chase sapphire preferred card. The chase sapphire preferred card is a solid choice offering many benefits. The chase sapphire preferred is a visa signature card for example and the chase.

Plus get your free credit score. If you re approved for this card the minimum credit limit you can receive is 5 000. Choose from our chase credit cards to help you buy what you need.