Travel Perks Card

Anonymous · ‎09-22-2015

I'm looking to apply for a card with good travel perks. I recently submitted an application for a Chase Sapphire Preferred Card. I'm a soon to be college graduate with a limited income and currently hold a Discover Card with a $2,000 limit and credit score of 770. What are my odds of getting approved for the Sapphire, and what are some other good options (I would prefer airline rewards cards) in the application doesn't go through?

Anonymous · ‎09-22-2015

worldtraveller99 wrote:
I'm looking to apply for a card with good travel perks. I recently submitted an application for a Chase Sapphire Preferred Card. I'm a soon to be college graduate with a limited income and currently hold a Discover Card with a $2,000 limit and credit score of 770. What are my odds of getting approved for the Sapphire, and what are some other good options (I would prefer airline rewards cards) in the application doesn't go through?

Welcome to MyFico.

How long have you had your Discover card? What is your income? If it's too low, you'll have a difficult time getting approved for the CSP because it has a minimum limit of $5K. As for airline travel cards, there are lots of them. You really need to consider what are you travel plans; where do you plan on flying, what airlines service your main airport, are you going to be traveling domestically, internationally or combination. There are lots of different choices and it's difficult for anyone to give you recommendations without knowing more.

Anonymous · ‎09-22-2015

I've had my Discover Card for about a year with no late payments ot date. My income, just from student jobs ranges anywhere from $5,000 to $7,500 a year. I'll be moving to Europe after graduation, so getting rewards for flights back to the U.S. would be ideal.

FinStar · ‎09-22-2015

OP - as Irish mentioned above, your income (seemingly on the low side for the CSP) may be a bit of a hurdle to get approved.

Anonymous · ‎09-22-2015

@Anonymous wrote:
I've had my Discover Card for about a year with no late payments ot date. My income, just from student jobs ranges anywhere from $5,000 to $7,500 a year. I'll be moving to Europe after graduation, so getting rewards for flights back to the U.S. would be ideal.

I certainly don't like to be negative but realistically Chase isn't going to approve you for the CSP with that income. Is your income going to rise after graduation? Do you have a job offer? Otherwise it's gong to be very difficult to get approved for any of the travel cards. Keep in mind that most of the travel cards provide their offers in the firm of bonus miles that typically require you spending $2-3K in a 3 month period to get the bonus miles. Make sure that when the time comes that you are able to do that before applying as otherwise you'll be left with no bonus. Cards to consider would be the Citi AAdvantage card, Chase British Airways among others. But I would hold off ap,yang for any of these until your income rises or you'll just end up with a lot of denials.