cancel
Showing results for 
Search instead for 
Did you mean: 

Chase Saphhire Preferred Approval

mr_awesome
Established Member

Chase Saphhire Preferred Approval

I have a lot of credit cards, and while I don't "churn", I do average more than 5 in 24 months, so I always considered Chase's core credit card family out of reach for me becuase of their 5/24 rule.  Yesterday, I went into a Chase branch for a money order, and was informed "you're pre-approved for a credit card" by the bank teller.  Being a pretty skeptical person, I was only willing to accept this from a banker with the words "pre-approved" on the screen, and even then expected a "7-10 business days response."  A few questions about income and residency later, I was approved for a Sapphire Preferred with a 10k SL plus 60k spending bonus.  Not too bad!
 
Chase didn't provide me my score, but the last FICO score I saw was 674.  They pulled Experian.  This is in Indiana.  The branch had Private Client, but I'm not a private client--I doubt this makes any difference, but maybe worth mentioning.
 
I'll be putting all my spending on this CSP card until I get the bonus, and then I'll have to evaluate my Annual Fee situation.  I also have a Amex Gold, Amex Delta Gold, and Chase IHG Premier, so I think one of these will need to be downgraded to a no annual fee card.  $550 in annual fees is a lot for not having the perks of a Sapphire Reserve or Amex Platinum, so something will go on the chopping block.  Possibly the Delta Gold, or I'll downgrade this CSP to a Freedom after one year.
 
Thanks for reading, and make sure to ask about those branch pre-approvals!
Payding down debt to prep for a mortgage.

Cards in my wallet: Amex Gold, Chase Sapphire Preferred, Lowes Advantage

Sock drawer: Lots of old store cards and not great no-rewards cards for history and utilization padding, some lame no AF cards I drunk-apped

Next Cards: AMEX Everyday and Chase Freedom?
11 REPLIES 11
VoltronM
Senior Contributor

Re: Chase Saphhire Preferred Approval

Congrats on your approval !!!

 

 

8-2019 / Fico 8 EX 8013 , EQ 8016 , TR 810
Amex ED 22k , CSP 17k , Discover iT 12.5k , Fifth Third Bank S2C 12k , BofA Cash Rewards 10k , Avianca Vida 10k , State Farm Good Neighbor Visa 10k , Citi DD 6k , Union Bank Rewards 5k
Message 2 of 12
armymed80
Frequent Contributor

Re: Chase Saphhire Preferred Approval

Congratulations!!! There is alot of people who are rarely under 5/24! So congrats on the in branch approval. Not a bad SL either....

 

Sounds like you have a solid plan!!

 

Again, congrats and cheers!!

Starting scores - 480 - 11/05/18
Current Scores -





Message 3 of 12
gdale6
Moderator

Re: Chase Saphhire Preferred Approval

In branch pre approvals are solid, grats on your new card.

Message 4 of 12
M_Smart007
Epic Contributor

Re: Chase Saphhire Preferred Approval

That is an Awesome Approval

Message 5 of 12
Masterlink
Frequent Contributor

Re: Chase Saphhire Preferred Approval

Congrats, enjoy your csp.
$1,000 is a lot to owe, yet little to have.
Credit Cards

Debit Cards



Message 6 of 12
xaximus
Valued Contributor

Re: Chase Saphhire Preferred Approval

Congrats on your approval!


Scores - All bureaus 756 +
TCL - Est. $275K
Message 7 of 12
pinkandgrey
Community Leader
Senior Contributor

Re: Chase Saphhire Preferred Approval

Chase seems more generous in-branch lol congrats on the great SL and SUB!

Discover It: 19.7k
Amex ED: 18k
Citi DC: 7.7k
Fidelity Visa: 2k
Apple Card: 1.5k
Message 8 of 12
Pro-X
Frequent Contributor

Re: Chase Saphhire Preferred Approval

Congrats on your approval!!


Message 9 of 12
mikesonthemend
Valued Contributor

Re: Chase Saphhire Preferred Approval

Bam!Bam!




Living through Darwinism is so much worse than learning about about it in school.
Message 10 of 12
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.