What is the lowest credit score for Chase Freedom Unlimited? (2024)

What is the lowest credit score for Chase Freedom Unlimited?

Anyone applying to a sought-after Chase card like Chase Freedom Unlimited will likely have a better chance of approval with a score of at least 670, but higher is always better. Just as a score of 670 or above doesn't guarantee approval, having a score lower than 670 doesn't guarantee a rejection.

What is the minimum score for Chase Freedom Unlimited?

With the Chase Freedom Unlimited® and the Chase Freedom Flex℠, it's recommended to have a credit score of 670 or higher. Most successful applicants have good credit or excellent credit.

Is it hard to get approved for Chase Freedom Unlimited?

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.

Can I get a Chase credit card with a 550 credit score?

What credit score do you need to get a Chase credit card? You need a credit score of 670 or higher for most Chase credit cards. While your credit score isn't the only important factor, Chase cardholders normally have good or excellent credit.

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

Chip Lupo, Credit Card Writer

The easiest Chase credit card to get is the Chase Freedom Rise℠, as applicants can get approved for this card with limited credit.

Why was i denied for Chase Freedom Unlimited?

In most cases, it's one of the following: Your credit score is too low. You don't have enough income. You have too much debt relative to your income.

What is the 5 24 rule for Chase?

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.

Who is eligible for Chase Freedom Unlimited?

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.

Does Chase do hard or soft pull?

There's no effect on your credit during the Chase pre-approval or prequalification process. However, filling out a full card application will result in a hard credit check when Chase pulls your credit report. Hard credit checks cause a small drop in your credit score.

What is the max limit on Chase Freedom Unlimited?

The Chase Freedom Unlimited® card gives high credit limits to people with good-to-excellent credit, a lot of income, and relatively little debt. The minimum credit limit is $500, and some cardholders report having limits as high as $14,000.

Which FICO Score does Chase use?

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. That said, Chase reports account information to all three credit bureaus.

Which Chase card is hardest to get?

Chase Sapphire Reserve®

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.

Can I get a Discover card with a 550 credit score?

Discover doesn't publish an official minimum credit score requirement for its cards, but certain products are designed for people with bad credit. A secured credit card, such as the Discover it® Secured Credit Card, is easier to get and could be an option if your credit score is around 640.

Does Chase give instant approval?

You can get approved for a Chase credit card instantly. If not, you will most likely receive a decision within 7-10 business days. In some cases, however, it can take Chase up to 30 days to make a ruling. After applying, you can check your status over the phone at (888) 609-7805.

Which Chase credit card is best for low credit score?

What credit card does everyone get approved for?

The Petal® 2 “Cash Back, No Fees” Visa® Credit Card is open to applicants with no credit history, including those without a social security number. Instead of requiring a credit score, your banking activity and other financial data can determine your eligibility for the card.

What is the 2 30 rule for Chase?

2/30 Rule. The 2/30 rule says that you can only have two applications every 30 days or else you'll automatically be rejected.

Is Chase Freedom Unlimited a good first credit card?

The Chase Freedom Unlimited, despite its additional categories and perks, is still a flat-rate cash back card. Its 1.5 percent cash back, welcome offer and run-of-the-mill rates and fees make it an ideal starting point for people first getting into credit card rewards.

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.

What is the 2 90 rule for Chase?

You're limited to 1 approved credit card every 5-day rolling period and 2 approved credit cards every 90 day rolling period. This rule only applies to credit cards and not their charge cards.

What is the 48 month rule for Chase?

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. Period.

What is the Chase 0 30 rule?

Second, while Chase has a 2/30 rule, meaning you can only be approved for 2 Chase cards in a 30-day period, Chase has a 0/30 rule for business cards. Unless it has been more than 30 days since your last Chase application, your application is denied automatically (at least most of the time).

What annual income do you need for Chase Freedom Unlimited?

While there isn't a specific income requirement for a card, evaluating your access to income allows a bank to determine your credit health and whether or not they want to lend you money based on their confidence in your ability to make your payments.

What is the difference between Chase Freedom and Chase Freedom Unlimited?

The Chase Freedom Flex℠* and Chase Freedom Unlimited®* both come with no annual fee, but the Chase Freedom Flex earns the most in rotating quarterly bonus categories, while the Chase Freedom Unlimited offers steady category bonuses and 1.5 percent back on all purchases.

How much does Chase Freedom Unlimited give?

The Chase Freedom Unlimited^® credit card awards 1.5% cash back for every $1 spent on all purchases. You also earn 5% cash back on travel purchases made through Chase Travel ^SM and 3% cash back on dining purchases at restaurants, including takeout and eligible delivery services, and drugstores.