topic Chase Sapphire Preferred Approval Odd? in Credit Cards

Chase Sapphire Preferred Approval Odd?

Anonymous — Fri, 29 Aug 2014 21:41:17 GMT

So I'm student (junior) in a public university. I saw people using this very cool looking heavy card in Starbucks so I looked it up online and it turns out to be this Chase Sapphire Preferred card.

My friends referred me here to this forum to ask these questions about credit cards.

I want to know what's the odds of me getting approved for the Chase Sapphire Preferred card?

Right now I have a 2-year old PNC credit card and about 20K of student loans. I get interns and part time job so my annual income is around 25K.

Re: Chase Sapphire Preferred Approval Odd?

Anonymous — Fri, 29 Aug 2014 21:43:45 GMT

What does your credit report look like? Any baddies? Average age of accounts, inquiries, Fico scores? These are the types of things the good people here will need to know to help you. Have you tried there pre-qualify link? The minimum credit line on the card is $5,000.

Re: Chase Sapphire Preferred Approval Odd?

Anonymous — Sat, 30 Aug 2014 00:06:48 GMT

And then the grown-up questions! Does it make sense for you to get this card? It might well for the first year, because of the sign-up bonus if you can meet the minimum spend required. But then, is the $95 AF justified by the rewards from spending (takes a lot) or are you willing to pay that just for a cool-looking card?