What does it mean if my Chase credit card application status is under review?

If your Chase credit card application status is under review, that means your application has not yet been approved or denied. Don’t read too much into it, though. You’ll hear back within 7-10 business days of applying in most cases, when you don’t receive a decision instantly.

Will I get rejected for Chase Sapphire Preferred?

As with most Chase cards, the Chase Sapphire Preferred is subject to Chase’s 5/24 rule. The 5/24 rule means that if you’ve opened five or more personal credit cards (with any issuer) in the last 24 months, Chase will automatically reject your application.

How long does it take to get Chase Sapphire Preferred after approval?

7-10 business days
It can take as little as a minute to get approved for Chase Sapphire Preferred. If you don’t get instantly approved, it usually takes 7-10 business days to receive a decision on your application. Once approved, applicants should receive their new Chase Sapphire Preferred card in the mail in about one or two weeks.

Why was my Chase Sapphire Preferred application denied?

If you have high balances on other cards then Chase may decline your application as a concern that you’re overextending yourself and swiping too much money on your credit cards, which may result in you not being able to pay back the debt.

How do I know if my Chase credit card is approved?

Check Your Status by Phone To check your personal Chase credit card application status by phone, call the application status line at 1-800-432-3117.

What is the minimum credit limit for Chase Sapphire Preferred?

$5,000
The Chase Sapphire Preferred® Card has a minimum $5,000 credit line. Although a credit score of 700 or above is typical for successful applicants, even college students with limited credit history and income from a part-time job have been approved for this card.

How do I know if I was approved for Chase credit card?

Check Your Status by Phone To check your personal Chase credit card application status by phone, call the application status line at 1-800-432-3117. For business applications, call 1-800-453-9719.

Does Chase give instant approval?

Chase approves most credit card applications instantly. As soon as you click submit, you should receive a decision within 60 seconds.

How long does Chase take to approve?

How long does it take to get approved for a Chase credit card? Many credit card approvals can happen immediately. If you don’t get an immediate approval, you will most likely get a decision in 7-10 business days. However, sometimes it can take up to 30 days.

Is the Chase Sapphire Preferred card metal?

The Chase Sapphire Preferred Card and the Chase Sapphire Reserve® are both made out of metal.

How often does Chase Sapphire Preferred increase credit limit?

every six to 12 months
Chase may automatically increase your credit limit every six to 12 months if you’re a borrower in good standing. Whether or not Chase will automatically increase your credit line depends on several factors, including your credit score, account history and credit utilization.