Can I get the Chase Freedom Unlimited with a 700 credit score? (2024)

Can I get the Chase Freedom Unlimited with a 700 credit score?

The Chase Freedom Unlimited® card is hard to get because you are required to have good to excellent credit (a score of at least 700) to have high odds of being approved. You will also need enough yearly income to afford minimum monthly payments.

How likely am I to get approved for Chase Freedom Unlimited?

To recap, good credit (a FICO® Score of 670 or higher) is recommended to get the Chase Freedom Unlimited® or the Chase Freedom Flex℠, as those are some of Chase's best credit cards. You'll also need to pass Chase's 5/24 rule, and it helps if you've been using credit for at least a year, too.

How hard is it to get a Chase Freedom Unlimited card?

William Memphis, WalletHub Credit Card Advisor

Having said that, please note that the Chase Freedom Unlimited requires a credit score of at least 700 (i.e. good credit). At this point, it is worth mentioning that you can check if you prequalify for the Chase Freedom Unlimited on Chase's pre-qualification page.

Why did I get denied for Chase Freedom Unlimited?

Your credit score is too low. You don't have enough income. You have too much debt relative to your income. There are too many recent inquiries on your credit report.

What is the minimum credit limit for Chase Freedom Unlimited?

Here's why: The Chase Freedom Unlimited® offers a $500 minimum credit limit, but the limit is at least $5,000 if you're approved for the Visa Signature® version of the card. Beyond those minimum limits, this card offers plenty of opportunities to earn cash back.

What is the easiest Chase card to get approved for?

The best Chase starter credit card is the Chase Freedom Rise℠ because it accepts applicants with limited credit history and reports to the three major credit bureaus on a monthly basis. The Chase Freedom Rise℠ also rewards cardholders with 1.5% cash back on all purchases, and it has a $0 annual fee.

What is the easiest Chase credit card to be approved for?

The easiest Chase credit card to get is the Chase Freedom Rise℠, as applicants can get approved for this card with limited credit. This means the odds of approval are good even for people who are new to credit, making the Chase Freedom Rise℠ much easier to get than other Chase credit cards.

Is Chase Freedom Unlimited good for beginners?

First-time credit card users may find the Chase Freedom Unlimited^® credit card useful thanks to a low annual fee and low intro APR period of 15 months. In addition, the rewards program is easy to manage and redeem for experiences and services that are important to you.

What is the 5 24 rule for Chase?

The 5/24 rule is an unofficial policy that dictates that Chase won't approve you for its cards if you've opened five or more personal credit card accounts from any issuer in the last 24 months. Put simply, the number of cards you've opened in the previous two years will affect your approval odds with Chase.

Is there a better card than Chase Freedom Unlimited?

The sign-up bonus on the Chase Sapphire Preferred® Card can offer more value toward a vacation than the sign-up bonus on the Chase Freedom Unlimited®. Points are also worth 25% more with the Chase Sapphire Preferred® Card when you redeem them for travel through the Chase portal.

What is the 2 30 rule for Chase?

Some credit card experts believe that Chase is also likely to decline new card applications if you have opened two credit cards within 30 days. This is known as the "2/30 rule." Because I had just opened two new cards, Chase was reluctant to let me open another.

Does it hurt to get denied for a credit card?

Being denied for a credit card doesn't hurt your credit score. But the hard inquiry from submitting an application can cause your score to decrease.

How long does it take to get approved for Chase Freedom Unlimited?

Generally within 14 days of submitting your credit card application, you should receive a decision or a follow-up on your application. It can also take as little as an hour. There are a few major factors that affect the timing.

What credit card has a $2000 limit for bad credit?

First Latitude Select Mastercard® Secured Credit Card

Choose your own fully-refundable credit line – $200 to $2000 – based on your security deposit. No minimum credit score required for approval!

How to get a 20K credit card limit?

What credit card can I get with a 650 credit score?

The Capital One Quicksilver Secured Cash Rewards card provides the best of both worlds for someone with a 650 credit score. Cardholders earn 1.5% cash back on all purchases. Plus—because it reports to all three major credit bureaus—you'll have the opportunity to improve your credit score with good payment history.

What is the minimum credit score for Chase Freedom Card?

You need a credit score of 700 or higher to get approved for most Chase credit cards, as they require good credit at a minimum. For example, the credit score requirement for both the Chase Freedom Flex℠ card and the Chase Sapphire Preferred® Card is 700+.

What is a 5 24 rule?

What is the 5/24 rule? Many card issuers have criteria for who can qualify for new accounts, but Chase is perhaps the most strict. Chase's 5/24 rule means that you can't be approved for most Chase cards if you've opened five or more personal credit cards (from any card issuer) within the past 24 months.

Which Chase card is hardest to get?

A rating of 5 is the best a card can receive. Why it's one of the hardest credit cards to get: Chase Sapphire Reserve® is one of the hardest credit cards to get approved for by virtue of the fact that it is one of the best rewards cards on the market.

Which FICO score does Chase use for credit cards?

Based on anecdotal information, Chase generally uses credit data from Experian. However, Chase may opt to review your Equifax or TransUnion credit reports instead depending on which state you live in.

Can I get a Chase credit card with 750 credit score?

A credit score of about 700+ will likely qualify you for just about any credit card, including those with cash back rewards, lower annual percentage rates (APRs) and more.

Does Chase credit card give instant approval?

If you're applying over the phone or in person, and you've submitted all the correct information, you may also get a decision within minutes. Mail-in applications are the slowest option, taking several weeks sometimes. The key to a fast approval is to make sure your credit history is in good shape before applying.

Can you get Chase Freedom Unlimited with no income?

You need enough income to afford monthly bill payments on the Chase Freedom Unlimited® card. While the terms and conditions of the Chase Freedom Unlimited® card do not disclose a specific minimum income requirement, the higher your income is, the more likely you are to be approved.

Can I get Chase Freedom as first credit card?

Chase does not require a prior credit history to qualify for a Freedom Rise card. Something else that may help is opening a Chase checking account and depositing at least $250 within three days of creating the checking account.

What is the 48 month rule Chase?

First question: Have you earned a Chase Sapphire Preferred® Card or Chase Sapphire Reserve® welcome bonus in the last 48 months? If you have received a bonus for a Chase Sapphire Preferred® Card or Chase Sapphire Reserve® within the past 48 months, you cannot earn a new cardmember welcome bonus on a new Sapphire card.