topic Re: Chase Palladium... Anyone Call to Apply yet? in Credit Cards

Chase Palladium... Anyone Call to Apply yet?

Creditaddict — Sun, 08 Jan 2012 23:42:23 GMT

I almost want to call and ask if I can apply just to see if they ask to see my "Millions" with Chase or if they will just process to see if they want the annual fee!

Re: Chase Palladium... Anyone Call to Apply yet?

LS2982 — Sun, 08 Jan 2012 23:44:41 GMT

@Creditaddict wrote:
I almost want to call and ask if I can apply just to see if they ask to see my "Millions" with Chase or if they will just process to see if they want the annual fee!

Re: Chase Palladium... Anyone Call to Apply yet?

CS800 — Sun, 08 Jan 2012 23:46:23 GMT

@Creditaddict wrote:
I almost want to call and ask if I can apply just to see if they ask to see my "Millions" with Chase or if they will just process to see if they want the annual fee!

You're crazy

Re: Chase Palladium... Anyone Call to Apply yet?

JusdoNit — Mon, 09 Jan 2012 00:45:47 GMT

@CS800 wrote:
@Creditaddict wrote:
I almost want to call and ask if I can apply just to see if they ask to see my "Millions" with Chase or if they will just process to see if they want the annual fee!
You're crazy

LOL. Let me know if you need a co-signer.

Re: Chase Palladium... Anyone Call to Apply yet?

Creditaddict — Mon, 09 Jan 2012 00:48:14 GMT

@JusdoNit wrote:
@CS800 wrote:
@Creditaddict wrote:
I almost want to call and ask if I can apply just to see if they ask to see my "Millions" with Chase or if they will just process to see if they want the annual fee!
You're crazy

LOL. Let me know if you need a co-signer.

LOL, I would never apply in my name, I was going to get someone that actually has an 800+ Fico and doesn't have multiple Chase accounts Burned in Past and a current Chase account closed with Very High Balance!

Hopefully tomorrow, I'll post back what they say.... I want it on speaker phone so I know what is said about it

Re: Chase Palladium... Anyone Call to Apply yet?

CS800 — Mon, 09 Jan 2012 00:49:56 GMT

@Creditaddict wrote:
@JusdoNit wrote:
@CS800 wrote:
@Creditaddict wrote:
I almost want to call and ask if I can apply just to see if they ask to see my "Millions" with Chase or if they will just process to see if they want the annual fee!
You're crazy

LOL. Let me know if you need a co-signer.
LOL, I would never apply in my name, I was going to get someone that actually has an 800+ Fico and doesn't have multiple Chase accounts Burned in Past and a current Chase account closed with Very High Balance!
Hopefully tomorrow, I'll post back what they say.... I want it on speaker phone so I know what is said about it

Contact Mustang

Re: Chase Palladium... Anyone Call to Apply yet?

Anonymous — Mon, 09 Jan 2012 00:50:31 GMT

CA,

Are you apping vicariously?!

Re: Chase Palladium... Anyone Call to Apply yet?

CS800 — Mon, 09 Jan 2012 00:54:45 GMT

Anyone on here has this card?

Re: Chase Palladium... Anyone Call to Apply yet?

Creditaddict — Mon, 09 Jan 2012 00:55:47 GMT

@Anonymous wrote:
CA,

Are you apping vicariously?!

You have no idea, if I hear someone say they are thinking about a new credit card or ask about what card they should get... I'm like here is my computer can we apply now!

I mean granted I did get very excited to see my instant $2k when I did PayPal because I thought I would get the store card version or whatever like I had about 7 years ago but they gave me the MC.... but when I watched Navy give instant $25k the other day for friend I fell out of my chair and joked on my hand!

It's just WAY more fun to see huge instant approvals that don't require a blood test!

Re: Chase Palladium... Anyone Call to Apply yet?

Anonymous — Mon, 09 Jan 2012 01:01:59 GMT

I know a few people at this other community can't say the name here has called in had the app sent to them and they where approved for the card this is what the acutal card looks like

Re: Chase Palladium... Anyone Call to Apply yet?

Anonymous — Mon, 09 Jan 2012 01:03:33 GMT

@Creditaddict wrote:
@Anonymous wrote:
CA,

Are you apping vicariously?!

You have no idea, if I hear someone say they are thinking about a new credit card or ask about what card they should get... I'm like here is my computer can we apply now!
I mean granted I did get very excited to see my instant $2k when I did PayPal because I thought I would get the store card version or whatever like I had about 7 years ago but they gave me the MC.... but when I watched Navy give instant $25k the other day for friend I fell out of my chair and joked on my hand!
It's just WAY more fun to see huge instant approvals that don't require a blood test!

You may need credit rehab and AppAnon meetings for close friends so they don't support your jones, LOL!

Re: Chase Palladium... Anyone Call to Apply yet?

JusdoNit — Mon, 09 Jan 2012 01:38:02 GMT

@Anonymous wrote:
I know a few people at this other community can't say the name here has called in had the app sent to them and they where approved for the card this is what the acutal card looks like

So this is what a $1000 bill ( oops! I meant card. lol) looks like. smh

Thanks for posting that pic. This is probaly as close as most of us will get to seeing one that has actually been issued. smh

@Anonymous, enough of being silly. @Anonymous can you please call immediately and notify Chase that they spelled my name wrong. They got the "T" right but the other letters are all wrong. ROTF LMAO Please make a note of it.

Re: Chase Palladium... Anyone Call to Apply yet?

n777ua — Mon, 09 Jan 2012 01:12:32 GMT

I called and asked what the requirements were, the CSR just said that they were "normal underwriting requirements" and that Chase would review an app for this card "like any other app". I asked if I needed a JPM account, or if assets were verified and I was told "not to my knowledge". I asked if a FICO in the 750s and a HHI in the $120s would be enough to qualify and was told "probably". A lot of vague answers, I was tempted to proceed but thought I'd wait and try and track down some other data points.

Re: Chase Palladium... Anyone Call to Apply yet?

CS800 — Mon, 09 Jan 2012 01:19:05 GMT

Nice card thanks for posting.

I did hear that it costs about $1000.

What's the difference between this card and the AMEX Platinum?

Re: Chase Palladium... Anyone Call to Apply yet?

JusdoNit — Mon, 09 Jan 2012 01:27:59 GMT

@n777ua wrote:
I called and asked what the requirements were, the CSR just said that they were "normal underwriting requirements" and that Chase would review an app for this card "like any other app". I asked if I needed a JPM account, or if assets were verified and I was told "not to my knowledge". I asked if a FICO in the 750s and a HHI in the $120s would be enough to qualify and was told "probably". A lot of vague answers, I was tempted to proceed but thought I'd wait and try and track down some other data points.

From what I understood the average customer has $30mil therefore their annual fee is only $595. The card is actually made of palladium which costs about $800 bucks an ounce.

Re: Chase Palladium... Anyone Call to Apply yet?

CS800 — Mon, 09 Jan 2012 01:36:56 GMT

$30 mil ????

I was just reading on another forum and some posted they have this card .

I think by comparison that I just saw , its benefits is like the AMEX Platinum and not even the Black Card

Re: Chase Palladium... Anyone Call to Apply yet?

JusdoNit — Mon, 09 Jan 2012 03:08:35 GMT

@CS800 wrote:
$30 mil ????

I was just reading on another forum and some posted they have this card .

I think by comparison that I just saw , its benefits is like the AMEX Platinum and not even the Black Card

Edited to include the link.

J.P. Morgan Palladium Card Benefits

"First and foremost, I will answer the question that I know is on everyone’s mind… what are the requirements for the Palladium card?

The JPM Palladium Card doesn’t have a specific annual spending threshold you need to meet like the AmEx Centurion has, but rather it has an even tougher requirement… you need to have a private banker in order to qualify! It’s only offered to private banking clients of the JP Morgan Private Bank, Investment Bank, Treasury Services or Commercial Bank.

If you’re thinking about becoming a Private Bank client, good luck with that! According to Barron’s, the average client has $30 million at their bank! For this reason, the J.P. Morgan Palladium Card annual fee is only $595… that’s nothing considering the value of the metal alone is greater than that.

As my contact at Chase explained, they don’t need to charge an annual fee in the thousands like AmEx Centurion does, because the average Palladium cardmember already has $30 mil invested at their bank and that’s how they can afford to practically give away the card to ultra high net worth individuals."

The above is what I read elsewhere. Hope it was ok for me to post the above quote.

Cs800 I may have misunderstood what they meant. I have been a bit out of sorts with them misspelling my name on the card. LOL

Re: Chase Palladium... Anyone Call to Apply yet?

n777ua — Mon, 09 Jan 2012 01:43:06 GMT

I've seen the $30M average posted on other forums, I'm starting to think thats once of those credit-urban myths...

@JusdoNit wrote:

From what I understood the average customer has $30mil therefore their annual fee is only $595. The card is actually made of palladium which costs about $800 bucks an ounce.

Re: Chase Palladium... Anyone Call to Apply yet?

CS800 — Mon, 09 Jan 2012 01:45:18 GMT

I'd be kind of nervous walking with a card in my wallet thats worth $1000

Re: Chase Palladium... Anyone Call to Apply yet?

fused — Mon, 09 Jan 2012 02:08:23 GMT

@JusdoNit wrote:
@CS800 wrote:
$30 mil ????

I was just reading on another forum and some posted they have this card .

I think by comparison that I just saw , its benefits is like the AMEX Platinum and not even the Black Card

"First and foremost, I will answer the question that I know is on everyone’s mind… what are the requirements for the Palladium card?
The JPM Palladium Card doesn’t have a specific annual spending threshold you need to meet like the AmEx Centurion has, but rather it has an even tougher requirement… you need to have a private banker in order to qualify! It’s only offered to private banking clients of the JP Morgan Private Bank, Investment Bank, Treasury Services or Commercial Bank.
If you’re thinking about becoming a Private Bank client, good luck with that! According to Barron’s, the average client has $30 million at their bank! For this reason, the J.P. Morgan Palladium Card annual fee is only $595… that’s nothing considering the value of the metal alone is greater than that.
As my contact at Chase explained, they don’t need to charge an annual fee in the thousands like AmEx Centurion does, because the average Palladium cardmember already has $30 mil invested at their bank and that’s how they can afford to practically give away the card to ultra high net worth individuals."

The above is what I read elsewhere. Hope it was ok for me to post the above quote.

Cs800 I may have misunderstood what they meant. I have been a bit out of sorts with them misspelling my name on the card. LOL

Hi JusdoNit!

Since you posted a quote, you have to provide a link. If the link is from a site that advises others on how to fix their credit, you cannot post it. If you are unsure, please PM me or another mod with the link you want to post. In the end, if you don't post a link, or the terms of service of these forums will not permit you to post the link containing your quote, I will have to remove or edit your post.

Rules On Citing Articles

Thanks for your undertanding!

--fused, myfico moderator