The chase sapphire reserve income requirements aren t publicly available but you ll need at least enough money to cover the 450 annual fee and minimum monthly payments on a 10 000 credit line.
Chase sapphire preferred minimum income.
The chase sapphire preferred card is a solid choice offering many benefits.
To start earning 2x points on travel and dining apply for the sapphire preferred the chase sapphire preferred card is one of the most popular travel reward cards on the market.
Plus this will allow you to earn a higher welcome bonus of 80 000 ultimate rewards points worth 1 600 based on tpg.
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.
Cardholders generally have a higher income above 50 000.
If you ve been eyeing the chase sapphire reserve but your score aligns better with the chase sapphire preferred you can apply for the csp with the lower score requirement and then request a product change to the csr.
There is no required minimum income for chase sapphire preferred.
Sapphire preferred credit cards are issued by jpmorgan chase bank n a.
The chase sapphire preferred is a great card and chase won t just approve anyone for it.
Chase sapphire preferred card calculator.
If you re approved for this card the minimum credit limit you can receive is 5 000.
Chase sapphire preferred card.
Accounts subject to credit approval.
Restrictions and limitations apply.
Your chase sapphire preferred account must be open and not in default to maintain subscription benefits.
Due to this chase is not likely to extend that amount of credit to an applicant with relatively low income.
You can only access the benefits available with your current credit card.
However it s an important factor that chase will consider.
Since the chase sapphire preferred is a visa signature card the minimum credit limit is 5 000.
Be sure your income is enough to qualify.
If your income is too low chase may not be comfortable extending that much credit.
The minimum credit limit for the sapphire preferred is 5 000.
Ask sebby crunches the numbers for you to calculate the expected value of the chase sapphire preferred card.
While it would certainly be easier if chase just gave out a magic number the truth is that income is only one factor in the application.
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.