Credit Card Center Advertiser Disclosure

Reply
Highlighted
Moderator
Posts: 17,526
Registered: ‎12-30-2011

Chase Private Client changed (again) ?

Got a call today from a CPC banker suggesting that all of their clients were getting a specific banker... and in my case, this cat was now my buddy whom I could contact directly with whatever questions I have. 

 

It wasn't clear whether this was all Chase clients (which is some stupidly high number of Americans) or if it was specifically targeted either by prior discussions regarding CPC or by some data analytics on cash flow or previously stated assets or something (my financial life runs through Chase since 2011 so they absolutely know what's up).

 

Emailed contact information has CPC / Private Client Banker written all over it... and they did have an offer of dumping 100k into a savings account (which admittedly was one of the private client benchmarks circa 3ish years ago, though one was expected to get to 250k w/in a year at that point) for 90 days for the typical $100... but interestly also had a 50k bonus UR as a CSR holder.  

 

Not really that enthused for what amounts to a 4% APR over the time period given the market is still levitating, but this struck me as a non-trivial change and I'm curious if it has been extended to a bunch of others as well.

 

Starting Score: EQ 5 561, TU 98 567, EX 2 599 (12/30/11)
Current Score: EQ 5 771, TU 4 758, EX 2 758, EQ 8 795, TU 8 762, EX 8 786 (7/28/17)
Goal Score:    EQ 5 750, TU 4 750, EX 2 750, EQ 8 800, TU 8 Blah, EX 8 800 (01/01/18)


Take the myFICO Fitness Challenge
Established Contributor
Posts: 1,041
Registered: ‎05-05-2016
0 Kudos

Re: Chase Private Client changed (again) ?

I have to admit I don't know a whole lot about Chase Private Client, but isn't having an account directly with JP Morgan better? 

Amazon Store Card - 3.7k / AMEX Ameriprise Platinum - NPSL / AMEX Blue Cash Preferred - 3k / AMEX Hilton Honors - 1.2K / Capital One Quicksilver - 15k / Chase Amazon Visa Signature - 3k / Citi ThankYou Premier - 5.6k / Citi AT&T 4.6k / Citi AAdvantage Platinum - 6.5k / Citi Simplicity - 4.6k / Empower MasterCard - 1k / USAA Limitless - 1k (previously 5k) / USAA Rate Advantage - 2k (previously 5k)
Regular Contributor
Posts: 238
Registered: ‎06-21-2017
0 Kudos

Re: Chase Private Client changed (again) ?


mountaindewvoltage wrote:

I have to admit I don't know a whole lot about Chase Private Client, but isn't having an account directly with JP Morgan better? 


You need $10 million in assets to have a direct account with JP Morgan.


Gardening from 10/1/2017 to 4/1/2018.
Established Contributor
Posts: 1,041
Registered: ‎05-05-2016
0 Kudos

Re: Chase Private Client changed (again) ?

I'm sure Revelate has that much in their account. Smiley Wink

Amazon Store Card - 3.7k / AMEX Ameriprise Platinum - NPSL / AMEX Blue Cash Preferred - 3k / AMEX Hilton Honors - 1.2K / Capital One Quicksilver - 15k / Chase Amazon Visa Signature - 3k / Citi ThankYou Premier - 5.6k / Citi AT&T 4.6k / Citi AAdvantage Platinum - 6.5k / Citi Simplicity - 4.6k / Empower MasterCard - 1k / USAA Limitless - 1k (previously 5k) / USAA Rate Advantage - 2k (previously 5k)
Moderator
Posts: 17,526
Registered: ‎12-30-2011

Re: Chase Private Client changed (again) ?


mountaindewvoltage wrote:

I'm sure Revelate has that much in their account. Smiley Wink


Hahaha.

 

If I had that much I wouldn't be on these forums just sayin!  Credit = pshaw in that scenario.

 

Starting Score: EQ 5 561, TU 98 567, EX 2 599 (12/30/11)
Current Score: EQ 5 771, TU 4 758, EX 2 758, EQ 8 795, TU 8 762, EX 8 786 (7/28/17)
Goal Score:    EQ 5 750, TU 4 750, EX 2 750, EQ 8 800, TU 8 Blah, EX 8 800 (01/01/18)


Take the myFICO Fitness Challenge
Regular Contributor
Posts: 238
Registered: ‎06-21-2017
0 Kudos

Re: Chase Private Client changed (again) ?


Revelate wrote:

mountaindewvoltage wrote:

I'm sure Revelate has that much in their account. Smiley Wink


Hahaha.

 

If I had that much I wouldn't be on these forums just sayin!  Credit = pshaw in that scenario.

 


I don't think credit necessarily gains importance as net worth climbs, but I believe it continues to hold the same value. Active property investment, margin loans from brokerages, small business financing, and cash flow smoothing, and intelligent income smoothing for tax purposes all require good credit. Cash back and travel rewards are great, but UHNWI still have great reasons to keep credit scores high.


Gardening from 10/1/2017 to 4/1/2018.

Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.

† Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
‡ Credit cards for FICO Score ranges: The score ranges are guidelines based on internal myFICO analysis of actual applicant approvals, and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range. These ranges were not provided by any card issuer.

* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.