cancel
Showing results for 
Search instead for 
Did you mean: 

Chase Sapphire Preferred SL?

tag
KSK1912
Valued Contributor

Re: Chase Sapphire Preferred SL?


@Anonymous wrote:
Good Lord and I'm doing the happy dance to be approved at $8,000!

OP Congrats! That's an awesome SL!

@Anonymous,

you do the happy dance for an $8K SL, i do the happy dance when 3 of my cards' combined limits hit $8K Hahaaa, i guess we all want to do better, which i see no problem with Smiley Happy


6/14/15: Equifax 576 Experian 542 Transunion 571
8/17/15: Equifax 626 Experian 619 Transunion 622
9/28/15: Equifax 655 Experian 636 Transunion 641
11/11/15: Equifax 698 Experian 687 Transunion 672
Short Term Goal Score: 720 Across the board


Take the myFICO Fitness Challenge


Are you free Tuesday..?
Message 11 of 23
Anonymous
Not applicable

Re: Chase Sapphire Preferred SL?

SL 7500, called before card arrived and increased to 10k. Called a week later and increased to 20K. Stuck at 20k.
Message 12 of 23
Anonymous
Not applicable

Re: Chase Sapphire Preferred SL?

Mine was approved at 9k, but they pulled TU which is clean. Lost my FU app from the same time so i reapplied and they pulled EX which still shows a 7 year old paid judgement (originally a WAMU card that Chase has internal record of) so i had to recon and split the already approved CSP limit to get them to open an FU as well.

Hopefully with some positive history, and with that judgement coming off EX and EQ soon they will bump me back up to better limits...
Message 13 of 23
driftless
Valued Contributor

Re: Chase Sapphire Preferred SL?

Wow, what a SL for CSP. FLA-MOUSE, if you don't mind sharing, what are your FICO scores and what other cards and limits do you have?
CSR | Amex Platinum | EDP | QS (2)
Amex Blue Business Plus
Message 14 of 23
Anonymous
Not applicable

Re: Chase Sapphire Preferred SL?


@driftless wrote:
Wow, what a SL for CSP. FLA-MOUSE, if you don't mind sharing, what are your FICO scores and what other cards and limits do you have?

EQ:818 / TU:822 / EX:812  Other than the new CSP, I have an Amex Blue (Opened 2001-CL $21k), Citizens MC (Opened 1995 - CL $15k), CU Visa (Opened 2014 - CL $10K);  AAoA=9.2 yrs; Oldest=20.9 yrs.  I have no derogatory info and many closed auto, revolving and student loans in good standing.

Message 15 of 23
driftless
Valued Contributor

Re: Chase Sapphire Preferred SL?

Thanks.
CSR | Amex Platinum | EDP | QS (2)
Amex Blue Business Plus
Message 16 of 23
Anonymous
Not applicable

Re: Chase Sapphire Preferred SL?

Thank you. Stellar credit, and stellar limit.
Message 17 of 23
Anonymous
Not applicable

Re: Chase Sapphire Preferred SL?

It's my understanding that your initial SL is based largely on your reported income.  CSP auto-approved @ 15K for me, and 13K For Chase Freedom.  This was with an income of ~85k.

 

Curious what those with higher limits are reporting as income when applying.

 

Message 18 of 23
Anonymous
Not applicable

Re: Chase Sapphire Preferred SL?

Income is >$130k.  As a side note, I don't have the card yet, but logged in a just noticed a Blueprint portal.  I didn't see it before, and it looks like you get lots of options on how to pay balances and/or categories.  I don't recall seeing this in any advertising features, but maybe I missed it?  Does anyone have any experience with using this feature?  Is it worth it for large purchases?

Message 19 of 23
DrZoidberg
Established Contributor

Re: Chase Sapphire Preferred SL?


@Anonymous wrote:

No, it isn't average. It's huge. Yes, it's a canned statement.


IMO, The OP's starting line is average (maybe upper average). I think this site is just flooded with so many low SLs from mid 600 scores that something like this seems outrageously high. When in reality, when you app when you're supposed to with the scores and file that calls for a prime card, this is what you would start out with. Hell, everyone could start with this if they waited.

 

Side tracking I know, but I needed to get this out.

Message 20 of 23
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.