Link: Apply now for the Chase Sapphire Preferred\u00ae Card<\/a> with 100K bonus points offer<\/strong><\/p>\n The Chase Sapphire Preferred\u00ae Card<\/a> (review<\/a>) is one of the most compelling mid-range credit cards out there. There\u2019s often confusion about who is eligible for this card, so I want to go over that in this post.<\/p>\n If you don\u2019t have the card and are eligible, this is a fantastic time to apply, as we\u2019re currently seeing an improved welcome bonus<\/a>, offering 100,000 Ultimate Rewards points after spending $5,000 within the first three months. This is the best offer we\u2019ve seen on the card in years, and it\u2019s going to be pulled at 9AM EST on Thursday, May 15, 2025, so the click is ticking.<\/p>\n There are often questions about what it takes to get approved for the Chase Sapphire Preferred<\/a>, so in this post I want to share the four main things to consider before applying for the Chase Sapphire Preferred, to try and figure out if you\u2019re eligible. The below considerations are the main reasons you may be denied for the card, so let\u2019s go over each of those.<\/p>\n There\u2019s not a consistent rule as to what credit score you need to be approved for the Chase Sapphire Preferred<\/a>, as credit score is one of only many considerations when being approved for a card. In general, I\u2019d recommend having a credit score in the \u201cgood\u201d to \u201cexcellent\u201d category if you\u2019re going to apply for this card.<\/p>\n Personally, I probably wouldn\u2019t apply if my credit score were under 700, and ideally, I\u2019d hope to have a credit score of 740 or higher. That being said, people with scores lower than that have been approved, and conversely, people with scores higher than that have been rejected. There are lots of factors that go into approval \u2014 your income, your credit history, how much credit Chase has already extended you, etc.<\/p>\n See this post for more on how credit scores work, and how they\u2019re calculated<\/a>.<\/p>\n Chase has what\u2019s known as the 5\/24 rule, whereby you often won\u2019t be approved for a Chase card if you\u2019ve opened five or more new card accounts in the past 24 months. This is also all the more reason to pick up the Chase Sapphire Preferred<\/a> early in your credit card journey.<\/p>\n However, do note that data points suggest that this rule is no longer consistently enforced<\/a>. So it\u2019s something to be aware of, but it\u2019s not necessarily going to be a dealbreaker.<\/p>\n See this post for the details on the 5\/24 rule, including how to check your \u201cstatus.\u201d<\/a><\/p>\n The Chase Sapphire Preferred<\/a> offers a welcome bonus of 100,000 Ultimate Rewards points after spending $5,000 within three months. Eligibility for this bonus follows a 48-month rule. You\u2019re not eligible for the bonus on the card if:<\/p>\n In other words, you are potentially eligible for the Chase Sapphire Preferred if you\u2019ve had one of the Chase Sapphire cards in the past, you just can\u2019t currently have one of the cards, and can\u2019t have received a new cardmember bonus on one of the cards in the past 48 months. Reports suggest that you\u2019re considered a previous cardmember a few days after canceling an account. <\/p>\n Note that if you\u2019re the authorized user on someone else\u2019s Sapphire credit card, you\u2019re still eligible to get it for yourself<\/a>. Eligibility is determined based on whether you\u2019re the primary cardmember.<\/p>\n See this post for the details on Chase\u2019s 48-month rule<\/a>.<\/p>\n While the above are the most significant restrictions to be aware of, there are some other general Chase card application rules to be familiar with. Most significantly, you can be approved for at most two Chase cards every 30 days, so make sure you haven\u2019t applied for more than one Chase card in the past 30 days before applying for the Chase Sapphire Preferred.<\/p>\n <\/p>\n See this post for Chase\u2019s general credit card application rules<\/a>.<\/p>\n To answer a few more of the frequently asked questions when it comes to Chase Sapphire Preferred<\/a> approval\u2026<\/p>\n Yes and no. There\u2019s nothing that makes the Chase Sapphire Preferred<\/a> in particular hard to be approved for, but rather Chase is among the tougher issues to get an approval from. However, that\u2019s mainly just because of the 5\/24 rule, and that Chase anecdotally seems to prefer customers with established credit.<\/p>\n If you have a good credit score, a fair amount of credit history, and you\u2019re under the 5\/24 limit, you have good odds of getting approved for the card. Even if you\u2019re over 5\/24, you may still have good odds.<\/p>\n Approvals on Chase credit cards could be instant, they could take a few days, or they could take a couple of weeks. In general I find that Chase doesn\u2019t issue too many instant approvals, so don\u2019t be worried if you get a pending decision answer when you apply. That doesn\u2019t at all mean you\u2019re likely to be rejected.<\/p>\n If you\u2019re approved, the Chase Sapphire Preferred<\/a> will have a minimum credit line of $5,000. That\u2019s because the card is a Visa Signature, and that\u2019s the minimum credit line extended on Visa Signature products.<\/p>\n If you apply for the Chase Sapphire Preferred, there\u2019s not a single credit bureau that Chase always pulls from. It could be Equifax, Experian, or Transunion, depending on a variety of factors.<\/p>\n What are the negative impacts<\/a> of applying for a credit card and getting denied? The only downside is that there\u2019s a new inquiry on your credit file, which could temporarily ding your score by a few points. While everyone\u2019s situation is different, personally I wouldn\u2019t consider that to be a big issue, as losing a few points temporarily shouldn\u2019t have major implications.<\/p>\n Meanwhile getting approved for the card and using it responsibly could have a very positive impact on your credit score, by improving your total available credit, history of on-time payments, credit utilization, etc.<\/p>\n You sure can. If you\u2019ve gotten denied for the Chase Sapphire Preferred in the past, you could apply again. Just because you get denied once doesn\u2019t mean you\u2019ll be denied again, especially if aspects of your credit worthiness have improved (for example, if your credit score went up, the number of cards you opened in the past two years went down, etc.).<\/p>\n Many people try to decide between the Chase Sapphire Preferred<\/a> and Chase Sapphire Reserve\u00ae Card<\/a> (review<\/a>). The Sapphire Preferred is one of the best low annual fee cards<\/a>, while the Sapphire Reserve is one of the best premium credit cards<\/a>.<\/p>\n Many people find the Sapphire Reserve to be worth it<\/a>, thanks to the $300 annual travel credit<\/a>, Priority Pass membership<\/a>, Chase Sapphire Lounge access<\/a>, and more. See this post for a comparison of the Sapphire Preferred and Sapphire Reserve<\/a>.<\/p>\n All Chase credit cards are subjected to the same general rules. That being said, Chase does seem to have slightly different approval standards for different cards. <\/p>\n For example, anecdotally I find that the IHG One Rewards Premier Credit Card<\/a> (review<\/a>) is among the easier Chase travel credit cards to be approved for. Why is that? On co-brand cards, Chase works with partners to analyze the customer base they\u2019re going after, and that could impact requirements to get approved.<\/p>\nChase Sapphire Preferred eligibility requirements<\/h2>\n
What credit score do you need for the Sapphire Preferred?<\/h3>\n
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Are you under Chase\u2019s 5\/24 limit?<\/h3>\n
Are you eligible for the welcome bonus (48-month rule)?<\/h3>\n
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Do you meet Chase\u2019s other card application restrictions?<\/h3>\n
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Chase Sapphire Preferred approval FAQs<\/h2>\n
Is it hard to get approved for the Chase Sapphire Preferred?<\/h3>\n
How long does it take to get approved for the Chase Sapphire Preferred?<\/h3>\n
What is the minimum credit line for the Chase Sapphire Preferred?<\/h3>\n
Which credit bureau does Chase pull from?<\/h3>\n
Is it bad for your credit score if you get denied for the Chase Sapphire Preferred?<\/h3>\n
If you get denied for the Chase Sapphire Preferred, can you apply again?<\/h3>\n
Should you get the Chase Sapphire Preferred or Reserve?<\/h3>\n
Are other Chase cards easier to be approved for?<\/h3>\n
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Bottom line<\/h2>\n