JP Morgan Chase Select Visa Signature Card

MS00000000 · ‎07-11-2011

Hi All, I was looking for a card with the chip and pin technology for overseas travel, and due to my lack of a huge bank account and not-so-frequent travel, the offerings in the US were out of my reach. Just this weekend I saw that Chase has a version with the chip and signature that is not the Palladium and that you're not required to have a JP Morgan account to apply for.

To my wonderous surprise, I was approved for this card and am very excited. I wondered if anyone else has this card or has experience with chip and signature vs. chip and pin usage overseas. It's difficult to find information about this particular card online as far as user experience, so I am looking to this group for some information and advice. Any and all is welcome! Thanks!

Anonymous · ‎07-11-2011

Those are nice looking cards ... Do you know the % on foreign transaction fees?

J.P. Morgan Palladium Card

Smart Chip Technology for ease of use when travelling internationally
Experience the exclusive rewards, benefits, and privileges

http://www.chasecreditcards.com/click.asp?cardid=22011&campid=&msc=

Anonymous · ‎07-11-2011

@Anonymous wrote:
Those are nice looking cards ... Do you know the % on foreign transaction fees?

J.P. Morgan Palladium Card
Smart Chip Technology for ease of use when travelling internationally
Experience the exclusive rewards, benefits, and privileges

http://www.chasecreditcards.com/click.asp?cardid=22011&campid=&msc=

0% foreign fees. It says it on the app. Looks like a very nice card to have.

MS00000000 · ‎07-11-2011

Yes, they're both quite pretty, the Palladium moreso, but that's to be expected. No foreign transaction fee, so that would be the go-to card overseas for sure. But I wonder about the difference between chip & pin and chip & signature. It must be really new because I've scoured the Web for info on the bottom card pictured and found almost nothing that wasn't either on Chase's site promoting the card or a press release announcing the EMV technology on the card.

Anonymous · ‎07-11-2011

@MS00000000 wrote:
Yes, they're both quite pretty, the Palladium moreso, but that's to be expected. No foreign transaction fee, so that would be the go-to card overseas for sure. But I wonder about the difference between chip & pin and chip & signature. It must be really new because I've scoured the Web for info on the bottom card pictured and found almost nothing that wasn't either on Chase's site promoting the card or a press release announcing the EMV technology on the card.

Maybe its where you can use a pin or sign. As places are begining to adopt the technology the need for this option of using pin or sign might be more useful. Congrats on the card by the way!

MS00000000 · ‎07-11-2011

@Anonymous wrote:
@MS00000000 wrote:
Yes, they're both quite pretty, the Palladium moreso, but that's to be expected. No foreign transaction fee, so that would be the go-to card overseas for sure. But I wonder about the difference between chip & pin and chip & signature. It must be really new because I've scoured the Web for info on the bottom card pictured and found almost nothing that wasn't either on Chase's site promoting the card or a press release announcing the EMV technology on the card.

Maybe its where you can use a pin or sign. As places are begining to adopt the technology the need for this option of using pin or sign might be more useful. Congrats on the card by the way!

Thanks!

Anonymous · ‎07-11-2011

You don't have to be a JP Morgan client to apply for the Select card? What airlines can you transfer points to? Is this basically a higher end chase sapphire (ultimate rewards program) ?

MS00000000 · ‎07-11-2011

@Anonymous wrote:
You don't have to be a JP Morgan client to apply for the Select card? What airlines can you transfer points to? Is this basically a higher end chase sapphire (ultimate rewards program) ?

I guess not. I don't have a JP Morgan account, but I do have a Chase Amazon Visa Rewards card that I've had for about 6 years, but that's the only Chase product I have.

I don't know the answers to the other questions. I guess I'll have to wait and see what the welcome packet says. I have to admit that when I applied for it, it was a case of "wow, a card that doesn't seem to specifically NOT apply to me that has a chip, this could be what I was looking for" and an itchy app finger. When I got the "we'll notify you in writing within 30 days" message, I instantly regretted applying thinking I would be denied. I was quite surprised to hear the "You've been approved" message on the automated line after 3 days.

I can post back when I receive the card and paperwork and let people know. I kind of thought that someone on here would have this card already, but maybe it's really so new that I'm the myFICO guinea pig?

MS00000000 · ‎07-11-2011

@Anonymous wrote:
You don't have to be a JP Morgan client to apply for the Select card? What airlines can you transfer points to? Is this basically a higher end chase sapphire (ultimate rewards program) ?

I just went back to look at Chase's site and in the list of cards, it does say "Exclusively for J.P. Morgan Clients" but it didn't say that when I applied, and it didn't say that anywhere in the online application process either. Maybe it's a cruel tease and they'll send me a letter saying "haha, just kidding. You don't get the card after all." Hmm.

TangMeister · ‎07-11-2011

@MS00000000 wrote:
@Anonymous wrote:
You don't have to be a JP Morgan client to apply for the Select card? What airlines can you transfer points to? Is this basically a higher end chase sapphire (ultimate rewards program) ?
I just went back to look at Chase's site and in the list of cards, it does say "Exclusively for J.P. Morgan Clients" but it didn't say that when I applied, and it didn't say that anywhere in the online application process either. Maybe it's a cruel tease and they'll send me a letter saying "haha, just kidding. You don't get the card after all." Hmm.

Congrats! I'm sure it'll be fine and you'll receive the card. Would you mind sharing/ball-parking the credit limit you were approved for? I'm cuious if they're giving out 5 figure limits or being stingy.