Palladium - Just another data point

[n777ua]

Sorry if beating a dead horse, there's a lot of threads on this but I just wanted to add a new data point.  I called the Chase back door number today and spoke with a credit analyst about doing a PC from Sapphire preferred to Palladium, or applying for  a new account outright.  The analyst, who was -extremely- friendly, didn't have any idea what the Palladium card was ! After on hold a few minutes, she contacted a sup and said that a PC to Palladium was not possible; she could have someone email me an app, but the card is "generally" invitation only.  

As someone making $115k/year charing $2-3k/mo on my Amex Plat, I don't think I'll push the issue and will just keep the Amex.  Overall a a pleasant call with a friendly analyst, just found it odd she had to Google Palladium, with me on the line, to figure out what it was.

If you have any specific questions about the call, fire 'em off!

[espnjunkie]

Very few people are willing to pay such a high annual fee and do not spend enough to justify it. It is not a surprise that even chase csr's have not heard of it.

[Anonymous]

I can confirm, no PC from Chase cards to Palladium. I don't think JPM Select to Palladium is even possible.

[Anonymous]

The card is marketed to "millionaires" essentially. I'm not surprised that a regular Chase CSR doesn't know what it is, since you need to have a private banking relationship with JP Morgan to get one. And for someone who meets the requirements for a Palladium, the annual fee is laughable, but so are the perks when compared to a Platinum.

[Anonymous]

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@Anonymous wrote:

...since you need to have a private banking relationship with JP Morgan to get one.

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This is no longer true. Anyone can apply.

[Anonymous]

+1 to Chase customer support, my recon was actually a respectful and pleasant conversation.

[n777ua]

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@Anonymous wrote:

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@Anonymous wrote:

...since you need to have a private banking relationship with JP Morgan to get one.

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This is no longer true. Anyone can apply.

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This seems to be the general concensus, but I was just told it was invitation only by Chase - I get the feeling that even individual CSR's at Chase don't know too much about this product.  FWIW, they will send out an app to anyone who asks.

[Smug]

Skip it , it's for people who need attention......

[Anonymous]

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@n777ua wrote:

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@Anonymous wrote:

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@Anonymous wrote:

...since you need to have a private banking relationship with JP Morgan to get one.

---

This is no longer true. Anyone can apply.

---

This seems to be the general concensus, but I was just told it was invitation only by Chase - I get the feeling that even individual CSR's at Chase don't know too much about this product.  FWIW, they will send out an app to anyone who asks.

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Ah yes, the good old fashioned invitation only programs that anyone can apply to.

[Anonymous]

It makes sense for some people. Those who travel (especially to London) a lot, need an EMV chip, value high-end concierge, etc.