Hello everyone. I just turned 20 and I want to open my. 2nd credit card, it being the Chase sapphire preferred “primarily to travel this summer”
My current stats are
– credit score 735
– current highest credit limit is 6,000 BOFA CCR
– Always paid on time and full
-1.7 years of credit history
– started a college checking with Chase for around 3 months, and currently have 3.6k
– my expected income since I’m working full time this summer and winter break, along with allowance from my father is $28,000.
– I have also been pre-approved in the chase app.
Should I go ahead and apply tomorrow, or just open a freedom unlimited for now?
Chase Sapphire Preferred Credit Card inquiry
byu/Apprehensive_Map3330 inCreditCards
Posted by Apprehensive_Map3330
2 Comments
sounds great if:
-your first card takes care of everyday spend like groceries for you.
-the timing is right financially to take advantage of the sign up bonus by making some large purchases you would have made anyway like a new phone without carrying a balance.
Go for the preferred. It’s basically a top tier travel card for the price. You can’t really go wrong even if you don’t milk *EVERY* ounce of value from it.