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Chase Sapphire Preferred Approval w/ HIGH UTILIZATION!!!

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Anonymous
Not applicable

Chase Sapphire Preferred Approval w/ HIGH UTILIZATION!!!

So after several months of paying down my CC debt (from a whopping 95% utilization down to 62% utilization), I finally got a pre-qualification from Chase for the Sapphire Preferred card (along with pre-quals from other sites like Credit Karma and CardMatch). As nervous as I was to apply, I pulled the trigger anyway, and to my delight I was instantly approved with a $7500 CL!!! They pulled TransUnion, and at the time of application I only had 1 other app in the past 24 months (so I was not affected by the 5/24 Chase rule).

 

Some info about me:

 

FICO: 715

Income: $78,500/yr

Rent: $650/mo

AAoA: 6.5 years

Oldest Line: 10 years

100% on-time payment history

 

Discover IT: $12,000 CL

Amex BCE: $4,700 CL

Citi Diamond Preferred: $4,000 CL

Capital One VentureOne: $6,000 CL

CSP: $7,500 CL!!!!!

 

Though this is my first post on myFICO, I have read many success stories here over the years and have been truly inspired, and I just wanted to share my own with you all!

 

Thanks  Smiley Happy

 

23 REPLIES 23
Anonymous
Not applicable

Re: Chase Sapphire Preferred Approval w/ HIGH UTILIZATION!!!

thanks for sharing this point and congrats!

 

While my utilization is very low, I am waiting for a few baddies to clear up and it looks like I'm going to end up around 760-800 scores across the board so you give me a good ballpark to hope for as far as SL Smiley Happy

Message 2 of 24
OmarGB9
Community Leader
Super Contributor

Re: Chase Sapphire Preferred Approval w/ HIGH UTILIZATION!!!

Grats

Last App: 1/10/2023
Penfed Gold Visa Card

Currently rebuilding as of 04/11/2019.

Starting FICO 8 Scores:




Current FICO 8 scores:


Message 3 of 24
Anonymous
Not applicable

Re: Chase Sapphire Preferred Approval w/ HIGH UTILIZATION!!!

Welcome to MyFico and congrats on the CSP approval

Message 4 of 24
Anonymous
Not applicable

Re: Chase Sapphire Preferred Approval w/ HIGH UTILIZATION!!!

congrats! Smiley Happy

Message 5 of 24
Anonymous
Not applicable

Re: Chase Sapphire Preferred Approval w/ HIGH UTILIZATION!!!

Congrats on your approval.

Message 6 of 24
alextercero
Super Contributor

Re: Chase Sapphire Preferred Approval w/ HIGH UTILIZATION!!!

Congrats

Current Credit Cards



Currently rebuilding as of (May 2021)

Current Fico Scores 8/9: (December 2024)


Credit Age:

Inquiries:

Message 7 of 24
Anonymous
Not applicable

Re: Chase Sapphire Preferred Approval w/ HIGH UTILIZATION!!!

Welcome to the forum and congrats on the approval !

Message 8 of 24
Anonymous
Not applicable

Re: Chase Sapphire Preferred Approval w/ HIGH UTILIZATION!!!

Congratulations and welcome!

Message 9 of 24
Anonymous
Not applicable

Re: Chase Sapphire Preferred Approval w/ HIGH UTILIZATION!!!

Congrats! 

Message 10 of 24
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