topic Re: Black/Premier/Invite Only Cards Out There? in Credit Cards

Black/Premier/Invite Only Cards Out There?

astrangerwcandy — Tue, 19 May 2015 02:25:52 GMT

Just curious if there are any "premier" "black" "invite only" "whatever" cards out there that are attainable for us regular schmucks that don't require 5 million on the bank of frequent private jet travel

From my own research I've seen the Citi Premier, Ritz Carlton, Visa Black Card(blech), Delta Reserve and AAdvantage Executive World Elite. Anything else out there that is reasonably doable? I'd like to eventually get one of these and I'd like to know what options there are out there that I may not know about.

Re: Black/Premier/Invite Only Cards Out There?

Anonymous — Tue, 19 May 2015 02:27:12 GMT

You can get the Chase Palladium by just putting $250k in the bank A huge difference from $5 million..

Re: Black/Premier/Invite Only Cards Out There?

jsucool76 — Tue, 19 May 2015 02:28:43 GMT

Sounds like you just sounded off on any card with a $400+ AF. Doesn't make these cards better. Just makes them different. They're certainly not exclusive. Just require some decent credit and a willingness to pay the AF.

Re: Black/Premier/Invite Only Cards Out There?

astrangerwcandy — Tue, 19 May 2015 02:29:16 GMT

Hah God willing I actually probably could do that in about 10 years. Will keep that in mind ;P

Re: Black/Premier/Invite Only Cards Out There?

astrangerwcandy — Tue, 19 May 2015 02:31:24 GMT

@jsucool76 wrote:
Sounds like you just sounded off on any card with a $400+ AF. Doesn't make these cards better. Just makes them different. They're certainly not exclusive. Just require some decent credit and a willingness to pay the AF.

I listed off cards that are generally considered at or near top tier by their respective banks. I can shell out the AF for one of these when I find the benefits I want. I'd probably pick the Ritz or the Prestige today as a frequent traveler. But I don't know what I don't know so I'm just seeing if anyone here with more knowledge and experience than I might know of something I dont

Re: Black/Premier/Invite Only Cards Out There?

Anonymous — Tue, 19 May 2015 04:23:54 GMT

@Anonymous wrote:
You can get the Chase Palladium by just putting $250k in the bank A huge difference from $5 million..

Are you guaranteed to get approved for the Chase Palladium if you're a Chase private client customer? I am currently a CPC, but I've been waiting to apply for the Palladium card because I feel like my credit scores might be too low.

Re: Black/Premier/Invite Only Cards Out There?

Anonymous — Tue, 19 May 2015 04:26:23 GMT

@Anonymous wrote:
@Anonymous wrote:
You can get the Chase Palladium by just putting $250k in the bank A huge difference from $5 million..
Are you guaranteed to get approved for the Chase Palladium if you're a Chase private client customer? I am currently a CPC, but I've been waiting to apply for the Palladium card because I feel like my credit scores might be too low.

What are your score if you don't mind me asking? It is a soft pull for the Palladium and it does not report on your reports.

Re: Black/Premier/Invite Only Cards Out There?

CreditCuriosity — Tue, 19 May 2015 04:28:04 GMT

Money talks... If you have the Ritz/CSP with the limits you have 15k on your csp? I doubt there is a difference UW as long as you have 250k with them and wanting to pay the AF...15k is min on the palladium I believe.. So why not if it is what you desire.

Re: Black/Premier/Invite Only Cards Out There?

Anonymous — Tue, 19 May 2015 04:28:03 GMT

@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
You can get the Chase Palladium by just putting $250k in the bank A huge difference from $5 million..
Are you guaranteed to get approved for the Chase Palladium if you're a Chase private client customer? I am currently a CPC, but I've been waiting to apply for the Palladium card because I feel like my credit scores might be too low.
What are your score if you don't mind me asking? It is a soft pull for the Palladium and it does not report on your reports.

EQ: 685 TU: 667 EX: 638

Re: Black/Premier/Invite Only Cards Out There?

Anonymous — Tue, 19 May 2015 04:36:49 GMT

@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
You can get the Chase Palladium by just putting $250k in the bank A huge difference from $5 million..
Are you guaranteed to get approved for the Chase Palladium if you're a Chase private client customer? I am currently a CPC, but I've been waiting to apply for the Palladium card because I feel like my credit scores might be too low.
What are your score if you don't mind me asking? It is a soft pull for the Palladium and it does not report on your reports.
EQ: 685 TU: 667 EX: 638

It is softpull so I'd put in the paper app. if I were you. They are able to tell you immediately/create the card for you.... Chase I am told with my dealings in me does NOT depend on FICO scores in approving applications and that goes for the Palladium.

I'd say you are good to go. If you get it, report back and post pics

Re: Black/Premier/Invite Only Cards Out There?

Anonymous — Tue, 19 May 2015 04:33:47 GMT

@Anonymous wrote:
You can get the Chase Palladium by just putting $250k in the bank A huge difference from $5 million..

I think I'll do that first thing in the morning.

Re: Black/Premier/Invite Only Cards Out There?

Anonymous — Tue, 19 May 2015 04:36:14 GMT

@Anonymous wrote:
@Anonymous wrote:
You can get the Chase Palladium by just putting $250k in the bank A huge difference from $5 million..
I think I'll do that first thing in the morning.

I know right... That is a lot of moeny

Re: Black/Premier/Invite Only Cards Out There?

CarbonCard — Tue, 19 May 2015 04:41:54 GMT

@astrangerwcandy wrote:
Just curious if there are any "premier" "black" "invite only" "whatever" cards out there that are attainable for us regular schmucks that don't require 5 million on the bank of frequent private jet travel

From my own research I've seen the Citi Premier, Ritz Carlton, Visa Black Card(blech), Delta Reserve and AAdvantage Executive World Elite. Anything else out there that is reasonably doable? I'd like to eventually get one of these and I'd like to know what options there are out there that I may not know about.

Just make your own "Black Card" hahaha

Re: Black/Premier/Invite Only Cards Out There?

dilettante — Tue, 19 May 2015 16:14:30 GMT

@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
You can get the Chase Palladium by just putting $250k in the bank A huge difference from $5 million..
Are you guaranteed to get approved for the Chase Palladium if you're a Chase private client customer? I am currently a CPC, but I've been waiting to apply for the Palladium card because I feel like my credit scores might be too low.
What are your score if you don't mind me asking? It is a soft pull for the Palladium and it does not report on your reports.
EQ: 685 TU: 667 EX: 638

It is softpull so I'd put in the paper app. if I were you. They are able to tell you immediately/create the card for you.... Chase I am told with my dealings in me does NOT depend on FICO scores in approving applications and that goes for the Palladium.

I'd say you are good to go. If you get it, report back and post pics

When I got the Palladium, it was a HP on both EQ and EX (but then they've always DP'ed me.). It is a hidden tradeline though but unless things have changed, it is a HP.

Their underwriting standards are pretty much the same as for their other cards but you do have to qualify for 15K min. CL. However, you have the advantage of having your banker explain away anything that could be amiss on your CR - in my case, they wanted to know why I had applied for so many Chase cards in a short period of time (3 in about 5 weeks and the 4th only a few months later).

The only reason I'd wait for a better reporting CR is to make sure you get a higher starting limit since your other Chase card limits seem to be on the lower side. Granted the Palladium limit is flexible 3X but IMO, I would rather have a hidden tradeline of +200k vs 45K.

Re: Black/Premier/Invite Only Cards Out There?

Anonymous — Tue, 19 May 2015 18:55:07 GMT

The one thing I'm worried about is that I have an absurd chargeoff in 2012 on an Express credit card that had a slap in the face $180 credit line. I paid it off in full, got a statement with a $0 balance in the mail, and called and cancelled it. I moved the same month. Never got anything in the mail from them again, or any phone calls. Two years later I got a collections call, and they said I owed over $300 because I didn't pay the card off. This was before I really became knowledgeable about credit in general, and I didn't want anything showing on collections, so I just agreed to pay it. Turns out the card showed 120+ days late and was charged off, which is my only negative, and the only reason I'm under 720 at the moment. They say there was still a balance of less then a dollar on the account, which I didn't pay, and then all these late fees hit, etc. I'm still in the process of disputing it, but I haven't gotten anywhere in the past three months. They're refusing to budge.

It obviously hasn't had a huge impact on my ability to get credit, but it makes me furious that this is going to be on my report until almost 2020. It is also my main reason for being a bit squeamish about applying for the Palladium.

Re: Black/Premier/Invite Only Cards Out There?

jsucool76 — Tue, 19 May 2015 20:54:44 GMT

@dilettante wrote:
@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
You can get the Chase Palladium by just putting $250k in the bank A huge difference from $5 million..
Are you guaranteed to get approved for the Chase Palladium if you're a Chase private client customer? I am currently a CPC, but I've been waiting to apply for the Palladium card because I feel like my credit scores might be too low.
What are your score if you don't mind me asking? It is a soft pull for the Palladium and it does not report on your reports.
EQ: 685 TU: 667 EX: 638

It is softpull so I'd put in the paper app. if I were you. They are able to tell you immediately/create the card for you.... Chase I am told with my dealings in me does NOT depend on FICO scores in approving applications and that goes for the Palladium.

I'd say you are good to go. If you get it, report back and post pics
When I got the Palladium, it was a HP on both EQ and EX (but then they've always DP'ed me.). It is a hidden tradeline though but unless things have changed, it is a HP.

Their underwriting standards are pretty much the same as for their other cards but you do have to qualify for 15K min. CL. However, you have the advantage of having your banker explain away anything that could be amiss on your CR - in my case, they wanted to know why I had applied for so many Chase cards in a short period of time (3 in about 5 weeks and the 4th only a few months later).

The only reason I'd wait for a better reporting CR is to make sure you get a higher starting limit since your other Chase card limits seem to be on the lower side. Granted the Palladium limit is flexible 3X but IMO, I would rather have a hidden tradeline of +200k vs 45K.

BAHAHAHAHAHA

Re: Black/Premier/Invite Only Cards Out There?

Anonymous — Tue, 19 May 2015 20:57:53 GMT

@jsucool76 wrote:
@dilettante wrote:
@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
You can get the Chase Palladium by just putting $250k in the bank A huge difference from $5 million..
Are you guaranteed to get approved for the Chase Palladium if you're a Chase private client customer? I am currently a CPC, but I've been waiting to apply for the Palladium card because I feel like my credit scores might be too low.
What are your score if you don't mind me asking? It is a soft pull for the Palladium and it does not report on your reports.
EQ: 685 TU: 667 EX: 638

It is softpull so I'd put in the paper app. if I were you. They are able to tell you immediately/create the card for you.... Chase I am told with my dealings in me does NOT depend on FICO scores in approving applications and that goes for the Palladium.

I'd say you are good to go. If you get it, report back and post pics
When I got the Palladium, it was a HP on both EQ and EX (but then they've always DP'ed me.). It is a hidden tradeline though but unless things have changed, it is a HP.

Their underwriting standards are pretty much the same as for their other cards but you do have to qualify for 15K min. CL. However, you have the advantage of having your banker explain away anything that could be amiss on your CR - in my case, they wanted to know why I had applied for so many Chase cards in a short period of time (3 in about 5 weeks and the 4th only a few months later).

The only reason I'd wait for a better reporting CR is to make sure you get a higher starting limit since your other Chase card limits seem to be on the lower side. Granted the Palladium limit is flexible 3X but IMO, I would rather have a hidden tradeline of +200k vs 45K.
BAHAHAHAHAHA

If I didn't know any better, I'd say you were a college student.

Re: Black/Premier/Invite Only Cards Out There?

Anonymous — Tue, 19 May 2015 21:04:12 GMT

Let's keep this within certain standards

Re: Black/Premier/Invite Only Cards Out There?

Anonymous — Tue, 19 May 2015 21:06:53 GMT

@dilettante wrote:
@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
You can get the Chase Palladium by just putting $250k in the bank A huge difference from $5 million..
Are you guaranteed to get approved for the Chase Palladium if you're a Chase private client customer? I am currently a CPC, but I've been waiting to apply for the Palladium card because I feel like my credit scores might be too low.
What are your score if you don't mind me asking? It is a soft pull for the Palladium and it does not report on your reports.
EQ: 685 TU: 667 EX: 638

It is softpull so I'd put in the paper app. if I were you. They are able to tell you immediately/create the card for you.... Chase I am told with my dealings in me does NOT depend on FICO scores in approving applications and that goes for the Palladium.

I'd say you are good to go. If you get it, report back and post pics
When I got the Palladium, it was a HP on both EQ and EX (but then they've always DP'ed me.). It is a hidden tradeline though but unless things have changed, it is a HP.

Their underwriting standards are pretty much the same as for their other cards but you do have to qualify for 15K min. CL. However, you have the advantage of having your banker explain away anything that could be amiss on your CR - in my case, they wanted to know why I had applied for so many Chase cards in a short period of time (3 in about 5 weeks and the 4th only a few months later).

The only reason I'd wait for a better reporting CR is to make sure you get a higher starting limit since your other Chase card limits seem to be on the lower side. Granted the Palladium limit is flexible 3X but IMO, I would rather have a hidden tradeline of +200k vs 45K.

Thats weird as someone I know just got it with only a softpull... Chase is weird and I think it is also dependant on the banker you are dealing with. This person has ALOT of money-Hedgefund money.

Re: Black/Premier/Invite Only Cards Out There?

Anonymous — Tue, 19 May 2015 21:09:40 GMT

I would bet there is a certain amount of money where they're just like "of course we're giving this guy the card, but let's just take a look so we're not being irresponsible."