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About LinkBacksHi all,
I just recently applied for the Chase Sapphire Preferred but have read in multiple places that the card is aimed at people that make more than $120K a year. Does anyone know if that is true? Because I do not make that much money.
Thanks.
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Green Member
- Join Date
- Dec 2011
- Location
- Raleigh, NC
- Posts
- 11
Income Requirements For Chase Sapphire Preferred?
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Gold Member
- Join Date
- Sep 2011
- Location
- Ohio
- Posts
- 39
I only make approximately 55k a year and I was approved.
Amex Blue Cash Everyday - 15k CL | Chase Sapphire Preferred - 8k CL
PenFed Platinum Rewards - 8k CL | Chase Freedom - 5k CL
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Centurion Member
- Join Date
- Apr 2009
- Location
- Texas
- Posts
- 542
I got the plain Sapphire and I don't make that much. I think they toss out the $120k figure to give the card more prestige so people will want it. In reality, they'll give credit to anyone they think is going to pay their bill on time.
CARDS (and why)
FIA Card Services: Fidelity Amex (best cash back excepting 5% cards), Fidelity Visa (spare)
Chase: Freedom (only for 5% reward categories, purchases under $10), Sapphire (not in use), Amazon Rewards (for Amazon purchases only)
CapitalOne: No Hassle Rewards (no foreign transaction fee, my only MasterCard, not in use)
Amex: Blue Cash Everyday (not in use)
Discover: More (only for 5% reward categories)
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Centurion Member
- Join Date
- Aug 2011
- Location
- Michigan
- Posts
- 305
LOL @ Jeff, true and funny. 43000 is what one my buddy indicated and he was approved for 3000.00.
If they have any reason to believe that you wont/can't pay, you can make 130k and get declined.
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Green Member
- Join Date
- Dec 2011
- Location
- Raleigh, NC
- Posts
- 11
Thanks everyone, That makes feel feel more at ease. I'm right there with you JohnB222 at 55k. I'm supposed to hear by mail. Haven't yet though. Still crossing my fingers.
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