Young Adults/Students and the Chase Sapphire Preferred

Discuss the Visa & MasterCard payment networks as well as cards that operate through them.
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HookEmHorns
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Young Adults/Students and the Chase Sapphire Preferred

Postby HookEmHorns » Sat Jun 08, 2013 3:10 pm

Any students/young adults, like 20-23, with a CSP? I'm really wanting this card and was just wondered if anyone in my age group has the card? If so, what did your credit profile/income look like when you were approved?
[sapphirepreferred].[/sapphirepreferred]
AMEX PRG~1/14--backdated to 2012
AMEX BCE~6/13--backdated to 2012
Chase Freedom~5/13
Discover IT ~12/12

:cool:


Robrus1
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Postby Robrus1 » Sat Jun 08, 2013 5:26 pm

How long have you had your Freedom? Do you have any cards with 5K or more limits?
Amex Platinum
Amex BCP 21K
Amex SPG 5K
Barclaycard Arrival Plus WEMC 5K
Chase Sapphire Preferred 23.5K
Credit Union 10K
Discover IT 7.75K

paparoach429
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Postby paparoach429 » Sat Jun 08, 2013 5:29 pm

I go approved for it at 20, listed 45k a year and about 2 years of credit.

HookEmHorns
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Postby HookEmHorns » Sat Jun 08, 2013 9:50 pm

Robrus1 wrote:How long have you had your Freedom? Do you have any cards with 5K or more limits?


Oh I'm not trying to apply for it right now. I know I wouldn't get approved. Just interested to see if folks around my age have it and what their stats were/are.
AMEX PRG~1/14--backdated to 2012
AMEX BCE~6/13--backdated to 2012
Chase Freedom~5/13
Discover IT ~12/12

:cool:

Jacksnow
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Postby Jacksnow » Sun Jun 09, 2013 2:05 am

I have both it and the AMEX plat, I listed ~60k as my income. I was approved for a 5k line of credit. It's a good card and dovetails nicely with my platinum.

agp
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Postby agp » Sun Jun 09, 2013 7:19 am

There definitely are young folks with that card. If you have good credit history (aka getting your first cards at 18 and no negatives on your report) and a semi-decent income you should be okay. And upgrade all your student cards first, they don't look good on your credit report.

Main Card: Amex Platinum
For gas: Penfed Platinum Cash Rewards
For travel & dining: Chase Sapphire Preferred

Robrus1
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Postby Robrus1 » Sun Jun 09, 2013 3:40 pm

HookEmHorns wrote:Oh I'm not trying to apply for it right now. I know I wouldn't get approved. Just interested to see if folks around my age have it and what their stats were/are.


Ah, my bad. Carry on. :)
Amex Platinum
Amex BCP 21K
Amex SPG 5K
Barclaycard Arrival Plus WEMC 5K
Chase Sapphire Preferred 23.5K
Credit Union 10K
Discover IT 7.75K

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t528491
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Postby t528491 » Sun Jun 09, 2013 6:34 pm

I really, really, REALLY want this card lol, but I can't justify the annual fee, and I don't think they would approve me with my income anyhow.
[size=80]
02/12 Authorized user on Chase Freedom ($5000)
08/12 Discover It ($1500)
08/12 American Express Zync (NPSL)
12/12 NFL Visa ($500)[/size]

[size=60]Future cards:
Citi Forward for Students 6/13
American Express Blue Cash Everyday 1/14
Sallie Mae World Mastercard 2014
Chase Freedom 2014
Penfed Platinum Rewards Card 2015[/size]

Jacksnow
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Postby Jacksnow » Sun Jun 09, 2013 7:20 pm

t528491 wrote:I really, really, REALLY want this card lol, but I can't justify the annual fee, and I don't think they would approve me with my income anyhow.


Honestly give it a shot, you get the CSP and next year downgrade to the CS.

swipe_masta
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Postby swipe_masta » Sun Jun 09, 2013 11:48 pm

I'm 23yrs old and have both. Started with CS (3/2013) CL 8,000 and apped/approved for CSP CL10,000 last week. I remember for CS they pulled EX and my score was 759. I have roughly 50,000 income. I don't know exactly, but I'm sure they pulled EX again for CSP. I will be PCing my reg CS to Freedom as soon as I can.

I love my sapphires! Don't think of the AF as $95/year. Think of it as roughly $8/month. If you skip the fast food for one day each month, that can easily pay the AF. Of course this is just a way to pay the AF. If the AF outweighs the benefits, you don't need it.

Do what I did- try out the CS then get the CSP if you like it and PC the CS to Freedom or another card.

[sapphirepreferred].[/sapphirepreferred]



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