Does anyone here have the Palladium?

Discuss the Visa & MasterCard payment networks as well as cards that operate through them.
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Socelli
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Does anyone here have the Palladium?

Postby Socelli » Thu Oct 04, 2012 12:33 am

Does anyone have the "legendary" Chase Palladium Visa? Or is the card an urban myth? I sure don't know of anyone who carries one. Since I understand that you have to have $25 million deposited in the bank to qualify for the Chase Palladium Card I should say that I don't exactly travel in the circles of those who would carry the card. Do you know of anyone?
Cards:
American Express: Business Platinum-NPSL, Delta SkyMiles Gold-$2K
Chase: Sapphire Preferred-$5K, Southwest Airlines Visa-$3.7K, Freedom-$400
USAA: Platinum MC-$4K, Advantage Rate MC-$4K, Amex-$4K
FBNO: BucksBack Visa-$1K, Amex-$1.7K
GECRB: Walmart Discover-$3,7K
Barclays: Financing Visa-$3.2K, Juniper MC-$1.1K
Capital One: Platinum MC-$1.5K, Platinum MC-$750
CFNA: Firestone-$1.6K
CitiBank: Office Depot Business Card-$1K


kcarter609
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Joined: Thu Aug 09, 2012 7:54 am
Location: VA

Postby kcarter609 » Thu Oct 04, 2012 7:14 am

I've come across one at work once before when someone came in to buy things and paid for the stuff with it. It is interesting, that's for sure. The $25 million number I think is wrong though.

Active Cards:
Chase Freedom 10+10 Visa Signature ($9k Limit - 8/2012)
Chase Sapphire Preferred ($10k Limit - 2/2013)
Chase Ink Plus ($7k Limit - 2/2013)
Discover IT ($9.5k Limit - 10/2012)
AMEX Zync (No Pre-set Limit - 1/2010)
AMEX Blue Cash Everyday ($20k Limit - 1/2013 - Backdate to 1/2010)

jeffysdad
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Location: Texas

Postby jeffysdad » Thu Oct 04, 2012 7:21 am

For a brief period within the last 12 months the Palladium was available to anyone who was willing to pay the substantial annual fee (a couple hundred more than Amex plat., I think). I had seen the card listed along with the JP Morgan brown card on the Chase website and was curious so I called to ask about it. I was told even I could apply for it.

I think now it is exclusive again to Chase private banking clients. I'm sure you can get one with far less than $25M on deposit, but I don't know how much. It's obviously a card for high rollers. If I were one, I would choose it over Amex Plat because of wider acceptance (Visa) and the fact that it's not as widely known (has a bit of mystique). However, I think the reward amounts are actually better or at least the same with Freedom or Sapphire. The brown JP Morgan card is still available to nobodies.
American Express: Blue Cash Preferred (groceries, 6%; gas, department store, 3%); Gold Delta SkyMiles (Delta Air Lines, 2 miles/dollar, free checked bag).
US Bank: Cash+ (utilities, phone, internet, restaurant, 5%; drugstores, 2%).
FIA Card Services: Fidelity Amex (everything, 2%); Fidelity Visa (everything, 1.5%).
Chase: Freedom (rotating, 5%); Amazon (Amazon.com, 3%); PriorityClub (IHG hotels, 5 points/dollar); Sapphire (not in use).

*All cards are registered with PriorityClub IDine program for 8 points/dollar at participating restaurants.

Moneytalks
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Postby Moneytalks » Thu Oct 04, 2012 8:03 am

Socelli wrote:Does anyone have the "legendary" Chase Palladium Visa? Or is the card an urban myth? I sure don't know of anyone who carries one. Since I understand that you have to have $25 million deposited in the bank to qualify for the Chase Palladium Card I should say that I don't exactly travel in the circles of those who would carry the card. Do you know of anyone?


It's definitely real, I've held one before, and it's heavy, beautiful, and it screams "I have money".
Wallet: Amex BCE & Chase Freedom. (Credit Card dieting since 2014)

Rory
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Postby Rory » Thu Oct 04, 2012 1:56 pm

i think it requires a minimum of 1 million invested with JP morgan Chase. Your limit is 10% of your total investment so you can literally have enormous credit lines, 100,000k to start. Its kind of like a secured card for millionaires lol
Amex Zync - NPSL (Cleared up to 25k)
Amex BCE - 12000 limit
Amex BCP - 4200 limit
FIA Rewards Amex- 3500 limit
Chase Freedom - 2000 limit
Chase Slate - 2000 Limit
BoA Cash Rewards Privileges- 3000 limit
Barclaycard Rewards MC - 3000 limit
Discover IT- 3500 limit
Marriott PR- 5000 limit
21 years old with alot of life to spend ;)
Its not about the ending, its about the journey,
just as long as the ending is just as good :cool:

cashnocredit
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Location: San Diego

Postby cashnocredit » Thu Oct 04, 2012 9:47 pm

Rory wrote:i think it requires a minimum of 1 million invested with JP morgan Chase. Your limit is 10% of your total investment so you can literally have enormous credit lines, 100,000k to start. Its kind of like a secured card for millionaires lol


You can also get if through Chase Private Client. I think the min. is around 250k. It's a hidden Visa Siggy TL and rumor has it that the NPSL limit is 3X the CL.

There's a funny story about debit cards for millionaires. I have a WF debit card and when I got my replacement card it came with a note that said "If your daily purchase limit allows it and you need to purchase more than $100,000 ask it to be run multiple times at $99,999.99 or less as required. We have an internal limit of $99,999.99 per transaction.

It would certainly be cool to have that problem.



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