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About LinkBacksSo I have been seeing these cards for the last 8 months. Does anyone have any info, besides whats on the web (which is close to Zilch). Is it invite only? Can anyone apply?
Thread: Palladium Visa card?
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Green Member
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- Jun 2011
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- Texas
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Palladium Visa card?
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Centurion Member
- Join Date
- Apr 2009
- Location
- Texas
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- 542
It used to be for JP Morgan Chase private banking clients but now anyone can apply. The annual fee is about $600 and it sounds to me as if it's intended to compete with Amex platinum. There also is a JP Morgan Select, which has an annual fee of $95. I assume this card is targeting Amex gold.
What's neat about the JP Morgan cards is now they come with the chip that allows for transactions abroad. I called and asked and the rep told me that Chase is testing out the chip in these cards and it will likely be offered in their Sapphire and Freedom cards later.CARDS (and why)
FIA Card Services: Fidelity Amex (best cash back excepting 5% cards), Fidelity Visa (spare)
Chase: Freedom (only for 5% reward categories, purchases under $10), Sapphire (not in use), Amazon Rewards (for Amazon purchases only)
CapitalOne: No Hassle Rewards (no foreign transaction fee, my only MasterCard, not in use)
Amex: Blue Cash Everyday (not in use)
Discover: More (only for 5% reward categories)
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Centurion Member
- Join Date
- Jun 2011
- Location
- New York state
- Posts
- 874
This looks like some kind of business card similiar to all capitol1's , Chase Sapphire, American Express premium cards.
This doesn't look like a Discover card, Chase Freedom, Bank of america, any Blue American express cards.
I doubt your going to see people on line at stores like Bed bath and beyond, Nordstrom, Gap, Kohls , sears, Aeropostale using this card.
If you travel on business does your company say you have to use a corporate American express card? do they say no corporate cards,
do they have you use your own personal card? do you travel on business?
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Green Member
- Join Date
- Jun 2011
- Location
- Texas
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- 16
Its a heavy card, I have had the pleasure of hold one. Its almost like aluminum. The product, from what I understand allows you to segregate large clumps of debt and give you the ability to pay those clumps through the course of a few months. For example, you just purchased a 10 Million dollar home. Well, unlike the Amex Centurion "Black Card", you do not have to pay the full amount at the end of the billing cycle. What you can do is pay 2 million a month until the card is paid off.
What is special about the card (FROM WHAT I HEARD, DON'T QUOTE ME, I AM STILL LEARNING ABOUT THE CARD)..What is so special about the card is that it allows the card holder to set the payment terms. So, you say 2 Million a month then its 2. If you say 5 Million a Month, then so be it. What you cannot do (I AM ASSUMING) is say 20.00 dollars a month on a 10 million dollar purchase.Current Cards: American Express: Green Bank of America: Platinum Plus Visa Discover: More Capital One: No Hassle Rewards, Platinum Master Cards
Primary Everyday Card: BofA: Platinum Plus Visa
Primary Travel Card: Amex: Green
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Centurion Member
- Join Date
- Jun 2011
- Location
- New York state
- Posts
- 874
I would say this if you don't travel on business don't bother with this card. If you do travel ask around at the office what they think about the card Do you want to pay 600 dollars for this card?
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Gold Member
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- Apr 2011
- Location
- Miami
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- 41
well the card definitely looks awesome.
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Centurion Member
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- Jun 2008
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- Smogland
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Needs to be updated but here is the blogpost and probably most detailed review online about its benefits:
J.P. Morgan Palladium Card ExposedDisclosure: I am a moderator/paid staff of this site, which does have advertising relationships with some credit cards that are discussed. Regardless, anything I say is my honest opinion.
Current Cards: American Express: Blue Cash, Simply Cash Bank of America: WorldPoints Platinum Plus Chase: Amazon, British Airways, Cash Plus Rewards, Freedom, Ink Cash Citi: Thank You Premier, Dividend Platinum Select Discover: More
Primary Everyday Card: American Express Blue Cash
Primary Travel Card: Citi Thank You Premier
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Green Member
- Join Date
- Jun 2011
- Location
- Texas
- Posts
- 16
Hey, thanks the site really helped shed some light on this card. Now, its time to get a hold of a private banker...haha.
Current Cards: American Express: Green Bank of America: Platinum Plus Visa Discover: More Capital One: No Hassle Rewards, Platinum Master Cards
Primary Everyday Card: BofA: Platinum Plus Visa
Primary Travel Card: Amex: Green
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Centurion Member
- Join Date
- Apr 2009
- Location
- Texas
- Posts
- 542
You no longer need to be a private banking client to get the card. Call them up and they'll be glad to take your application and cardmember fee. There's a brown plastic version of the JP Morgan card that costs the same as Chase's Sapphire and appears to offer similar benefits. I guess you could opt for the brown over the Sapphire if you think the latter has become declasse due to overadvertising.
CARDS (and why)
FIA Card Services: Fidelity Amex (best cash back excepting 5% cards), Fidelity Visa (spare)
Chase: Freedom (only for 5% reward categories, purchases under $10), Sapphire (not in use), Amazon Rewards (for Amazon purchases only)
CapitalOne: No Hassle Rewards (no foreign transaction fee, my only MasterCard, not in use)
Amex: Blue Cash Everyday (not in use)
Discover: More (only for 5% reward categories)
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Green Member
- Join Date
- Aug 2011
- Location
- Illinois
- Posts
- 1
Are you sure that you do not have to be a private banking client to get this card? The palladium visa card has real palladium in it and supposed to be heavy. Palladium these days cost at least $700 an ounce which is more than the annual fee of around $600.
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