Chase Sapphire Reserve 700 Credit Score

Credit score required for the chase sapphire preferred although the chase sapphire preferred is considered a great beginner card and is easier to be approved for than the chase sapphire reserve y ou re not likely to get approved if you re just starting out or only have one credit card to your name.

Chase sapphire reserve 700 credit score.

But people have also reported being approved with good credit scores under 700 some even as low as 650. This reflects the correlation between credit score and initial credit line. Reports suggest that you ll typically need a score of at least 720 to get approved for the card though the average score is a bit higher. Credit score required for the chase sapphire reserve the chase sapphire reserve has slightly stricter approval requirements than its little brother the chase sapphire preferred card.

The average initial credit line for chase sapphire reserve cardholders is 22 429 but that number varies for different fico score ranges. Most chase sapphire reserve cardholders have excellent scores over 720 with an average of around 750. You usually need an excellent credit score. This is because the credit score is not the only thing that chase considers when reviewing your application.

The average credit score for a chase sapphire preferred card cardholder is around 741. However based on the reports of current sapphire reserve cardholders from forums on credit karma and other social media channels including reddit. Explore the world and earn premium rewards with chase sapphire reserve or chase sapphire preferred. Less than 10 of respondents reported having credit scores below 600.

Most cardholders have scores over 720 but there s no official score requirements to get the mid level credit card. So before we get into the ideal chase sapphire reserve credit score let s go over some of the most important factors on your credit report and how those will be considered for your approval decision. In reality a 700 credit score with no credit history won t do you much good when applying for the sapphire reserve. But sometimes even that won t guarantee an approval.

Taking a broader view most approved cardholders report having credit scores above 700 and the majority of reporting cardholders have a credit score above 750. A credit score of at least 700 is usually required to be approved for the chase sapphire preferred card. Grocery stores and dining at restaurants including takeout and eligible delivery services home improvement stores such as home depot and lowe s and select.