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Established Contributor
Koop10010
Posts: 731
Registered: ‎02-15-2012
0

Re: Chase Sapphire Preferred APPROVED!

This is really pushing me to apply for the Sapphire as well...

FICOs (2/24/12): EX 752, EQ 740
Chase Sapphire Preferred, Freedom; American Express PR Gold, Blue Cash Everyday
Established Contributor
frogfan12
Posts: 872
Registered: ‎10-16-2010
0

Re: Chase Sapphire Preferred APPROVED!

Congrats on the card and on improving your credit so much in the last year. Enjoy your new card. :smileyhappy:


Starting Score: 760
Current Score: 716 Equifax 754 TU 736 Experian
Goal Score: 760
Established Contributor
searchingfor67
Posts: 665
Registered: ‎08-02-2011
0

Re: Chase Sapphire Preferred APPROVED!

Congratulations! Which bureau did they pull?
TU FICO: 772 (Discover) • Exp FICO: 772 (Citi)

Amex BCP $13K | Amex Costco TE $10.4K | Amex SPG $10.1K | Chase Freedom Visa Signature $15K | Chase Sapphire Preferred Visa Signature $15K | Chase Ink Plus World Elite MC $5K | Citi TY Preferred World MC $10.1K | Citi Forward $10K | Discover IT $9K | JP Morgan Chase Select Visa Signature $9.2K | NFCU Flagship Visa Signature $25K | NFCU LOC $15K | NFL Visa Signature (Saints) $8.1K | USAA Amex $10K | USAA World MC $9K
Valued Contributor
CreditScholar
Posts: 2,300
Registered: ‎01-22-2012
0

Re: Chase Sapphire Preferred APPROVED!


Open123 wrote:

Congrats!

 

In my view, the CSP is one of the top 3 overall credit cards available.  After a few weeks and learning more of the card, I've decided the card is a keeper.  The annual fee is well worth it, in my view.


What are the other 2?
FICOs: EX: 826, EQ: 817, TU: 810
Bank of America Privileges with Travel Rewards Visa Signature - $23,200 CL
Chase Sapphire Preferred Visa Signature - $12,700 CL
Chase United MileagePlus Club World Elite MasterCard - $26,500 CL
Citibank American Airlines Executive World Elite MasterCard - $22,500 CL
J.P. Morgan Ritz Carlton Visa Signature - $23,500 CL
Senior Contributor
Open123
Posts: 4,219
Registered: ‎02-23-2011
0

Re: Chase Sapphire Preferred APPROVED!

[ Edited ]

CreditScholar wrote:

Open123 wrote:

Congrats!

 

In my view, the CSP is one of the top 3 overall credit cards available.  After a few weeks and learning more of the card, I've decided the card is a keeper.  The annual fee is well worth it, in my view.


What are the other 2?

Assuming primary spending on a single card, I'd say the PR Gold and SPG.

 

1.  PR Gold has the 3X airfare.  The MR program is still in my estimation a better program for flying since Amex always has periodic bonuses on transfers.

 

2.  SPG has probably the best reward ratio per dollar spent if redeemed for "cash + points" at SPG properties.  

 

Maybe I'd throw the Venture Rewards in there, but I find the UR program, MR, and SPG to be of better value than simply redeeming for a statement credit.

 

Edit - PS - Given the increased competition from the CSP (I'd imagine Chase is gaining market share from lots of Amex PR Gold users), I speculate Amex will have to offer no forex fee on their PR Gold if they're going to continue charging $175.  At $95, the CSP is just a much better value, especially if they keep adding airlines.  

Valued Contributor
tray
Posts: 1,513
Registered: ‎01-29-2008
0

Re: Chase Sapphire Preferred APPROVED!

Congrats on your new card, you will enjoy it to no end.


Starting Score: EQ 546 TU 566
Current Score: EQ 693TU 08 729 EX 08 738Need to Garden/New Accounts
Goal Score: 800
Valued Contributor
tray
Posts: 1,513
Registered: ‎01-29-2008
0

Re: Chase Sapphire Preferred APPROVED!


Koop10010 wrote:

This is really pushing me to apply for the Sapphire as well...



If you really want this card I would say go all the way and app for it take the chance !!!!


Starting Score: EQ 546 TU 566
Current Score: EQ 693TU 08 729 EX 08 738Need to Garden/New Accounts
Goal Score: 800
Valued Contributor
clocktick
Posts: 1,603
Registered: ‎12-07-2008
0

Re: Chase Sapphire Preferred APPROVED!

Great story, congrats!  I'm waiting through the 30-day message as I type this.

 

How long did you wait to call them after your app?  When I call, they say they're still reviewing (different Chase card though).

 

Congrats again!  This is my next card.  :smileyvery-happy:

11/30/08 TU 648 EX 672 EQ 656 SEPT 2014 TU 787 EX 789 EQ ???
Amex BCP $24.1K/Clear $8.5- Sallie Mae $27.5 -Cap One QS $7.5 - Chase Freedom $7.5/United $5k/CSP $20k/Ink- Citi DP $9.5/Dividend $13k/HHHx2 $15k/16.4/Reserve $4.5k Best Buy $1940 HD $1701- Discover IT $15k - Elan $8k GEMB Lowes $20k - Macy's $2k - Kohl's $800




Starting Score: 648
Current Score: 736
Goal Score: 765


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Valued Contributor
CreditScholar
Posts: 2,300
Registered: ‎01-22-2012
0

Re: Chase Sapphire Preferred APPROVED!


Open123 wrote:

CreditScholar wrote:

Open123 wrote:

Congrats!

 

In my view, the CSP is one of the top 3 overall credit cards available.  After a few weeks and learning more of the card, I've decided the card is a keeper.  The annual fee is well worth it, in my view.


What are the other 2?

Assuming primary spending on a single card, I'd say the PR Gold and SPG.

 

1.  PR Gold has the 3X airfare.  The MR program is still in my estimation a better program for flying since Amex always has periodic bonuses on transfers.

 

2.  SPG has probably the best reward ratio per dollar spent if redeemed for "cash + points" at SPG properties.  

 

Maybe I'd throw the Venture Rewards in there, but I find the UR program, MR, and SPG to be of better value than simply redeeming for a statement credit.

 

Edit - PS - Given the increased competition from the CSP (I'd imagine Chase is gaining market share from lots of Amex PR Gold users), I speculate Amex will have to offer no forex fee on their PR Gold if they're going to continue charging $175.  At $95, the CSP is just a much better value, especially if they keep adding airlines.  


If they do I'll definitely apply for one. That forex fee right now is an absolute deal-breaker. Right now Amex is really falling down in that area. If they removed forex fees from the PRG and SPG, things would be evened up quite a bit.
FICOs: EX: 826, EQ: 817, TU: 810
Bank of America Privileges with Travel Rewards Visa Signature - $23,200 CL
Chase Sapphire Preferred Visa Signature - $12,700 CL
Chase United MileagePlus Club World Elite MasterCard - $26,500 CL
Citibank American Airlines Executive World Elite MasterCard - $22,500 CL
J.P. Morgan Ritz Carlton Visa Signature - $23,500 CL
Senior Contributor
Open123
Posts: 4,219
Registered: ‎02-23-2011
0

Re: Chase Sapphire Preferred APPROVED!


CreditScholar wrote:If they do I'll definitely apply for one. That forex fee right now is an absolute deal-breaker. Right now Amex is really falling down in that area. If they removed forex fees from the PRG and SPG, things would be evened up quite a bit.


Right, the forex is a deal breaker for a travel related card.

 

I'm probably going to end up with the CSP + SPG combination for my personal spending.  Dining and travel on the CSP, and everything else that's non-forex related on the SPG. 

 

Amex needs to examine their policy of only waiving the forex fees on the Platinum, especially since int'l acceptance isn't universal as it is with Visa/MC.


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