What credit score rating do you could get the Chase Sapphire Reserve card?

Editor’s observe: It is a recurring submit, repeatedly up to date with new info.

At TPG, we dedicate a major period of time to speaking about how credit score scores work, methods to enhance yours and how one can hold it in form. Though an honest credit score rating will possible be sufficient to get you accredited for a lot of journey bank cards, among the most rewarding premium playing cards require top-notch credit score.

There isn’t a magic quantity that ensures approval for a selected card, however we will analyze public information factors to gauge your odds.

Right now, we’ll attempt to uncover the unpublished (and maybe unofficial) credit score rating requirement for the Chase Sapphire Reserve.

Overview of the Chase Sapphire Reserve

The Chase Sapphire Reserve has persistently been among the best journey rewards bank cards since its launch in 2016. It presents a decent 3 factors per greenback spent on all journey and eating, and it comes with among the most in depth journey protections out there on any bank card. It has a $550 annual price, however advantages like an annual $300 journey credit score, as much as $5 in month-to-month DoorDash credit (by Dec. 2024), Precedence Go airport lounge entry and a International Entry/TSA PreCheck utility price credit score assist offset it.

Plus, new cardholders can earn 80,000 Final Rewards factors after spending $4,000 on purchases within the first three months, value $1,600 based mostly on TPG valuations.

Associated: Chase Sapphire Reserve bank card assessment

What credit score rating do you could get the Chase Sapphire Reserve card?


The Chase Sapphire Reserve has barely stricter approval necessities than its little brother, the Chase Sapphire Most well-liked Card. Reviews counsel that you just’ll usually want a rating of not less than 720 to get accredited for the cardboard, although the typical rating is barely larger. Individuals with scores beneath 700 have been accredited for the cardboard, however the approval normally isn’t instantaneous in these circumstances.

In case your rating is on the decrease finish of the vary, needless to say many different elements go into qualification, resembling your earnings and your credit score accounts’ age. Within the context of Chase, one other massive issue is your relationship with the financial institution. When you’ve been a longtime Chase buyer and produce other Chase playing cards to show you possibly can pay your payments on time or have giant balances in your banking accounts with them however below-average credit score historical past, you’ll have higher approval odds.

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Reviews counsel that these with a banking relationship may additionally be capable of increase their odds by making use of in a department.

One other thought is to use for the Chase Sapphire Most well-liked with the decrease rating requirement after which request a product change to the Chase Sapphire Reserve. Nonetheless, you’d miss out on the elevated 80,000-point welcome bonus at the moment out there on the Sapphire Reserve.

Associated: What credit score rating do you could get the Chase Sapphire Most well-liked card?


What number of card accounts can I’ve open?

The Chase Sapphire Reserve is topic to Chase’s unpublished 5/24 rule. Which means that if you happen to’ve opened 5 or extra private bank cards with any issuer within the final 24 months, Chase will routinely reject your utility for this card, even when you’ve got an ideal credit score rating. The 5/24 rule is hardcoded into Chase’s techniques and might’t be manually overridden, so if you happen to’re over 5/24, there’s no profit to chancing an utility simply to see what occurs.

You additionally gained’t be accredited if you happen to at the moment maintain the Chase Sapphire Most well-liked; plus, you could wait not less than 48 months between incomes the sign-up bonus on one card earlier than you possibly can earn it on the opposite.

Associated: The best way to calculate your 5/24 standing

The best way to verify your credit score rating

It might be greatest if you happen to by no means shelled out money to verify your credit score rating. Most bank cards include a free FICO rating calculator. This makes it straightforward to see the place your rating lies on the dimensions from good to dangerous and hold updated on the way you’re doing.

You can even simply open accounts on websites like Credit score Karma or Credit score Sesame. These websites are free and might help you retain even higher observe of your rating and its elements. You can even use these providers to dispute any info in your rating that isn’t correct or seems to be fraudulent. Websites like Credit score Karma additionally present common, computerized updates when your rating adjustments, in addition to alerts any time a brand new inquiry is added to your credit score report. Since these websites carry out smooth pulls, they gained’t negatively impression your credit score rating.

Associated: The best way to verify your credit score rating free of charge

Components that have an effect on your credit score rating

Earlier than you begin making use of for any bank cards, it’s necessary to know the elements that make up your credit score rating, as making use of for brand new traces of credit score will change your rating.


Associated: 5 lesser-known issues that have an effect on your credit score rating

Whereas the precise components for calculating your credit score rating is saved secret, FICO could be very clear concerning the various factors they assess and the way a lot weight every is given:

  • Cost historical past. 35% of a FICO rating is made up of your cost historical past. When you get behind in making mortgage funds, it can lead to a drop. The longer and more moderen the delinquency, the larger the damaging impression in your credit score rating.
  • Quantities owed (utilization). 30% of your FICO rating consists of the relative dimension of your present debt. Particularly, your debt-to-credit ratio is the entire of your money owed divided by the entire quantity of credit score you’ve been prolonged throughout all accounts. Many declare it’s greatest to have a debt-to-credit ratio beneath 20%, but it surely’s not a magic quantity.
  • Size of credit score historical past. 15% of your rating relies on the typical size of all accounts in your credit score historical past. This turns into a major issue for these with minimal credit score histories, resembling younger adults, current immigrants and anybody who has largely averted credit score. It will also be an element for individuals who open and shut accounts inside a concise interval.
  • New credit score. Your most up-to-date accounts decide 10% of your credit score rating. Having lately opened too many accounts will harm your rating, because the scoring fashions will interpret this as an indication of attainable monetary misery.
  • Credit score combine. 10% of your rating is expounded to what number of totally different credit score accounts you have got, resembling mortgages, automobile loans, credit score loans and retailer cost playing cards. Whereas having a bigger mixture of loans is best than having fewer, nobody recommends taking out pointless loans to spice up your credit score rating.

Associated: Methods to enhance your credit score rating

A big issue for the Chase Sapphire playing cards is your common age of accounts. Whereas a lengthier credit score historical past will increase your rating, many issuers deal with the one-year cutoff. That signifies that having a mean age of accounts of greater than a yr can enhance your odds of approval. In distinction, you may need bother getting accredited with 11 months of credit score historical past, even when your numerical credit score rating is nice.

Additionally, when you’ve got any delinquencies or bankruptcies in your credit score report, Chase is likely to be hesitant to approve you for a brand new line of credit score even when your rating is in any other case stable.

It’s necessary to keep in mind that your credit score profile is greater than only a quantity. It’s a set of data given to the issuer to research your creditworthiness.

What to do if you happen to get rejected

Don’t surrender in case your utility for the cardboard initially will get denied. When you obtain a rejection letter, it is best to first have a look at the explanations given in your rejection. By regulation, card issuers are required to ship you a written or digital communication explaining what elements prevented you from being accredited.

Associated: The last word information to bank card utility restrictions

When you’ve discovered why you’ve been rejected, name Chase’s reconsideration line. Inform the individual on the cellphone that you just lately utilized for a Chase bank card “and also you have been stunned to see that your utility was rejected, and also you wish to communicate to somebody about reconsidering that call.” From there, it’s as much as you to construct a case and persuade the Chase agent on the cellphone why you deserve the bank card.

A fast cellphone name may allow you to get the cardboard you need. OATAWA/GETTY IMAGES

When you have been rejected for too in need of a credit score historical past, you possibly can level to your stellar document of on-time funds. When you have been rejected for missed funds, you possibly can clarify that these have been a very long time in the past, and your document since then has been good. When you do your banking with Chase, point out that too.

Whereas there’s no assure that this technique will work, there are a lot of experiences of rejections being reversed on reconsideration, so it’s value spending quarter-hour on the cellphone if it’d allow you to get the cardboard you need.

The opposite attainable choice is in your utility to enter “pending” standing. This implies that you could be (in the end) be accredited, however Chase wants extra time to assessment your utility or new info to decide. When you obtain this discover, it is best to positively name the reconsideration line.

You might simply must confirm a element in your utility, or when you’ve got different Chase playing cards, it’s possible you’ll must shift credit score traces round. The overall rule of thumb is to preempt an issuer from altering a pending approval into an outright denial.

Backside line

It must be no shock that, as one of the premium playing cards on the market, the Chase Sapphire Reserve requires a wonderful credit score rating to be accredited.

That stated, there are methods you possibly can enhance your odds, resembling establishing a banking relationship with Chase. Alternatively, you possibly can apply for the Chase Sapphire Most well-liked first, get its 60,000-point welcome bonus after spending $4,000 in purchases inside the first three months after which request a product change — although you’d miss out on the elevated 80,000-point welcome bonus on the Sapphire Reserve with this feature.

Additional studying:

New to the factors and miles sport? Take a look at our newbie’s information for every thing you could know to get began!

Further reporting by Emily Thompson.

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