Chase Sapphire Preferred Credit Score Income

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Chase sapphire preferred credit score income.

Your chase sapphire preferred account must be open and not in default to maintain subscription benefits. For the 6 of cardholders below 600 and perhaps even the 11 below 650 it s likely their scores took a hit sometime after having already been approved for the card. Many other factors go into qualification beyond your credit score such as your income and your credit. So while the average score for approvals is good to very good perfect credit history isn t necessary.

According to credit karma the chase sapphire preferred s average required score is 736. If you have a decent credit history a few accounts 3 to 5 years old or more a decent score somewhere close to 720 and an income of 50 000 you probably have some good odds of being approved. If you re unsure about your eligibility but have an above 700 credit score still apply for chase sapphire preferred for a chance to earn rewards when dining and traveling. Accounts subject to credit approval.

Due to this chase is not likely to extend that amount of credit to an applicant with relatively low income. Chase sapphire preferred card is usually only for those with excellent credit. The chase sapphire preferred is a great card and chase won t just approve anyone for it. The chase sapphire preferred card is one of the most popular travel reward cards on the market.

Restrictions and limitations apply. Grocery stores and dining at restaurants including takeout and eligible delivery services home improvement stores such as home depot and lowe s and select. Sapphire preferred is broadening your world of benefits. But it s not so easy to get.

This graph shows the credit scores of credit karma members who carry the chase sapphire preferred card. Your credit limit depends on your credit score income and how well you ve been handling credit in the past. Final word on chase sapphire preferred approval odds. Sapphire preferred credit cards are issued by jpmorgan chase bank n a.

My credit score on credit karma is a 750 avg and over 800 in the real world by the big 3 credit bureaus so go figure. The stated income you list on your application plays a large role in your chase sapphire preferred card approval odds because the minimum credit limit for new cardholders is 5 000. Even if you receive an initial low limit you can always ask for a credit line increase after you ve proved to be a responsible user.