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Chase Private Client Offer $10k in balances

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Caught750
Valued Contributor

Chase Private Client Offer $10k in balances

Just as a DP I was offered an upgrade to CPC with a green star.  What's worth noting is that I only maintain about $10k in Chase accounts which includes a small investment portfolio.  I'm younger (35) and think this may be an offer in which Chase wants to grow with us as we do move a good amount of money through them.  In the next 8-10 years I'll receive a large payout when I "retire" which would amount to $200-250k.  


I don't plan to accept the offer as it isn't worth it to me at this point.  Just thought it was interesting that they offered it with like 5% of their normal minimum in account balances.

 

Its also worth nothing that I have CSR and Hyatt cards which have seen about $20k in spend so far this year.  CSR is one of my DDs and the addition of CFF or CFU would lead to 95% of spend going to Chase.  Until then it's mostly split between CSR and AR.

PERSONAL; Amex | AOD FCU | BBVA | BECU | Capital 1 | Chase | Citi | Discover | Key | NFCU | PSECU | SECU MD | Synchrony | US Bank
BUSINESS; Amex | Citi
F8 Current F8s ~750 Best Ever F8s ~775
TOTAL PERSONAL CL > $350k and TCL > $365k
Message 1 of 3
2 REPLIES 2
SouthJamaica
Mega Contributor

Re: Chase Private Client Offer $10k in balances


@Caught750 wrote:

Just as a DP I was offered an upgrade to CPC with a green star.  What's worth noting is that I only maintain about $10k in Chase accounts which includes a small investment portfolio.  I'm younger (35) and think this may be an offer in which Chase wants to grow with us as we do move a good amount of money through them.  In the next 8-10 years I'll receive a large payout when I "retire" which would amount to $200-250k.  


I don't plan to accept the offer as it isn't worth it to me at this point.  Just thought it was interesting that they offered it with like 5% of their normal minimum in account balances.

 

Its also worth nothing that I have CSR and Hyatt cards which have seen about $20k in spend so far this year.  CSR is one of my DDs and the addition of CFF or CFU would lead to 95% of spend going to Chase.  Until then it's mostly split between CSR and AR.


I don't think it's that rosy. I think they'll still expect you to place 250k worth of accounts with them.


Total revolving limits 568220 (504020 reporting) FICO 8: EQ 689 TU 691 EX 682




Message 2 of 3
Caught750
Valued Contributor

Re: Chase Private Client Offer $10k in balances

It may not be rosy at all.  Just found the invitation to be extremely...odd and interesting.

PERSONAL; Amex | AOD FCU | BBVA | BECU | Capital 1 | Chase | Citi | Discover | Key | NFCU | PSECU | SECU MD | Synchrony | US Bank
BUSINESS; Amex | Citi
F8 Current F8s ~750 Best Ever F8s ~775
TOTAL PERSONAL CL > $350k and TCL > $365k
Message 3 of 3
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