Questions and Answers

Hey,

So 6 months ago I decided to apply for the Chase Sapphire Preferred Credit Card and was declined because of Chase’s new policy of having opened more than 5 credit card accounts in the last 24 months. When I applied for the card I received a pending for further review notification. I called the reconsideration line ready to shift credit lines or close on of my other chase accounts. ( I have the BA and Freedom card). However I was completely shot down with the suggestions of moving credit or even closing an account. As a side-note, I have excellent credit and have absolutely no problem getting approved for other credit cards.

A few days ago I checked Chase’s website to see if I was “Prequalified” for any Chase credit cards. Turns out I am pre-qualified for the Chase Sapphire Preferred as well as the Slate. Now my question is, considering I am pre qualified, will I be approved? My credit score still remains excellent (it hasnt increased much since I last applied), the number of accounts opened in the past 24 months is borderline 5 or 6. The 6th should be after 24 months on December 14th which means I have be prequalified before I fulfill this criteria. I really want the CSP and was wondering if I have a good chance of being approved because I may or may not fulfill the criteria of number of accounts opened in the past 24 months, depending on how hard they take the 24 months (24 months to the day or if its an approximation). Ideally I would not like another rejection from Chase for this card.

Thanks,

Preston