- Centurion Member
- Posts: 4140
- Joined: Thu May 08, 2014 7:42 pm
- Location: United States
I've seen a lot of posts that say for the Palladium you need $250k at Chase, or $100k with the agreement to bring over another $150k soon. Nothing I've read is authoritative, and maybe the requirements have gotten stricter or looser over time.
Of course, the Palladium ($595 AF) is basically a CSP ($95 AF) with a Priority Pass membership ($99 AF + $27 per visit) and a few other miscellaneous but hard-to-value perks (like insurance if stuff is stolen from your hotel room). Also, unlike CSP, Palladium doesn't include dining as a bonus category.
It also has one-time "buy 25 hours, get 1 hour free" offer for hiring private jets. Each hour costs in the ballpark of $10,000. $10,000 is nice, but how many people are really going to be paying in advance for $250,000 of airfare?
Keep in mind the Amex Platinum ($450 AF) has the $200 airfare extras credit, and the choice of Pre-Check or Global Entry (about $25 per year). That cuts a $450 AF down to about $225 for the Platinum. Palladium doesn't offer those perks, as far as I'm aware.
CSP and Platinum can be great bargains for the right travelers. The Palladium has a lot more sizzle than steak.
I suppose it could be a good card for someone who flies 15+ times per year, likes airport lounges, and yet has no airline loyalty to warrant the perks of cobranded cards (which would be unusual).
My advice? Keep your investment expenses low. If you want, put some of the savings towards fees on cards with benefits you'll use.
Very useful: SchwabPlat, CSP, IHG, Costco (was AA Plat), Freedom, SPG
Somewhat useful: Discover, ED (was EDP), BCE, Hyatt
Plan to PC: Prestige to DC
SD with activity alerts, might close: Arrival and Brooks Bros
Might add: Proper business card, CSR, Ritz, Delta Gold, First Tech, BofA Travel PH