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Palladium - Just another data point

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Crashem
Valued Contributor

Re: Palladium - Just another data point

My understanding is that chase recently changed palladium from anyone can apply to reinstituting asset requirements. Not sure with jp Morgan or anyone.
               LIMITS IN CARD DESCRIPTIONS
Message 11 of 16
bribro
Valued Contributor

Re: Palladium - Just another data point


@Crashem wrote:
My understanding is that chase recently changed palladium from anyone can apply to reinstituting asset requirements. Not sure with jp Morgan or anyone.


I was told by a J.P. Morgan private banker just 2 days ago that anyone could still apply. If there was an asset requirement, it would be with J.P. Morgan (PB, PWM, JPMS, etc.) or Chase Private Client (the new "mass affulent" retail initiative).

TU FICO: 800 (2/1/14) | CK Score: 802 (2/1/14) | CS Score: 805 (2/1/14)

J.P. Morgan Palladium ($250k) | AmEx Platinum (NPSL) | AmEx SPG Personal/Business ($50k/$50k) | Citi Executive AAdvantage WEMC ($50k) | Citi Dividend WEMC ($50k) | Chase Sapphire Preferred VS ($50k) | Chase Ink Bold WEMC ($50k Flex) | Chase Ink Plus WEMC ($25k) | Chase Freedom VS ($25k) | Chase Freedom WMC ($25k) | Chase MileagePlus Explorer ($25k) | Chase Southwest RR Plus Business/Personal ($15k/$15k) | Barclays US Airways ($25k) | Barclays Hawaiian Airlines ($25k) | BofA Alaska Airlines ($10k) | Lexus Financial Services ($30k) | Mercedes-Benz Financial Services ($50k)
Message 12 of 16
espnjunkie
Established Contributor

Re: Palladium - Just another data point

Cards like this do scream "I need and crave status and attention!!!!!!!!"

 

Credit cards are just a form of payment, most people are not millionaires so this doesn't concern them. Such trivial first world problems being discussed here haha. OMG how do I get aproved for a card made out of palladium (whatever the hell that metal is...lets be honest nobody had heard of it before this card)? This product would only benefit high net worth individuals, and even how much is questionable. AMEX platinum seems better all around. EMV chips are nothing special, every european credit card has one...not worth a dime extra.

“The real measure of your wealth is how much you’d be worth if you lost all your money.” ~Unknown
Citi Prestige World Elite Mastercard ($35,000.00), Merrill+ Visa Signature ($25,000.00), Amex BCP ($29,700.00), Amex Green (NPSL), Capital One Quicksilver World Mastercard ($10,000.00), Chase Ink Business Bold (NPSL)
TU-778 (12/03/2014))
EX (Plus) - 777 (10/21/2013)
EQ - 735 (April 2013)
Message 13 of 16
Anonymous
Not applicable

Re: Palladium - Just another data point

I know what you mean, but credit in general is a first world problem. "Oh no! I can't spend beyond my immediate needs?!?! Nooooo!"
Message 14 of 16
espnjunkie
Established Contributor

Re: Palladium - Just another data point

My post was ment as a joke not an attack haha. I agree! "Oh no my limit isn't 75,000.00+ whatever shall I do?!?!"

 

 

“The real measure of your wealth is how much you’d be worth if you lost all your money.” ~Unknown
Citi Prestige World Elite Mastercard ($35,000.00), Merrill+ Visa Signature ($25,000.00), Amex BCP ($29,700.00), Amex Green (NPSL), Capital One Quicksilver World Mastercard ($10,000.00), Chase Ink Business Bold (NPSL)
TU-778 (12/03/2014))
EX (Plus) - 777 (10/21/2013)
EQ - 735 (April 2013)
Message 15 of 16
Crashem
Valued Contributor

Re: Palladium - Just another data point

75k is on the low side for this card
               LIMITS IN CARD DESCRIPTIONS
Message 16 of 16
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