U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Economics > Personal Finance
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
 
 
Old 08-03-2014, 03:11 PM
 
6 posts, read 17,609 times
Reputation: 10

Advertisements

Do i need a chase checking account to become a Chase Private Client?
Mainly looking to get a jp morgan palladium card
Quick reply to this message

 
Old 08-03-2014, 03:20 PM
 
Location: southwestern PA
20,426 posts, read 35,696,560 times
Reputation: 38829
Google got me this:

"The JPM Palladium Card doesn’t have a specific annual spending threshold you need to meet like the AmEx Centurion has, but rather it has an even tougher requirement… you need to have a private banker in order to qualify! It’s only offered to private banking clients of the JP Morgan Private Bank, Investment Bank, Treasury Services or Commercial Bank.

If you’re thinking about becoming a Private Bank client, good luck with that! According to Barron’s, the average client has $30 million at their bank! For this reason, the J.P. Morgan Palladium Card annual fee is only $595… that’s nothing considering the value of the metal alone is greater than that."

J.P. Morgan Palladium Card Exposed
Quick reply to this message
 
Old 08-03-2014, 03:37 PM
 
6 posts, read 17,609 times
Reputation: 10
i thought it was 250k ;s
Quick reply to this message
 
Old 08-03-2014, 03:57 PM
 
Location: southwestern PA
20,426 posts, read 35,696,560 times
Reputation: 38829
You thought wrong... re the Palladium card.

Last edited by Pitt Chick; 08-03-2014 at 04:20 PM..
Quick reply to this message
 
Old 08-03-2014, 04:10 PM
 
17,603 posts, read 12,197,156 times
Reputation: 12816
You need far less than 30mm to be a client of chase private client group. It depends really on what the advisor/banker wants to deal with

https://www.chase.com/online/private.../investing.htm
Quick reply to this message
 
Old 08-03-2014, 05:21 PM
 
Location: Vermont
5,439 posts, read 14,324,626 times
Reputation: 2609
what is this card doing for you?
Quick reply to this message
 
Old 08-06-2014, 06:58 PM
 
6 posts, read 17,609 times
Reputation: 10
i was thinking it was less then 30m for sure
Quick reply to this message
 
Old 08-08-2014, 12:49 PM
 
Location: North Idaho
2,094 posts, read 1,878,520 times
Reputation: 2495
We are Chase Private Clients. I can only wish we had $30M to throw around. I believe the requirement is to have $250k deposited with them. I don't know if one of those accounts must be a checking account.

Dave
Quick reply to this message
 
Old 08-08-2014, 12:58 PM
 
Location: southwestern PA
20,426 posts, read 35,696,560 times
Reputation: 38829
Quote:
Originally Posted by Cnynrat View Post
We are Chase Private Clients. I can only wish we had $30M to throw around. I believe the requirement is to have $250k deposited with them. I don't know if one of those accounts must be a checking account.

Dave

the OP wants to know
Quote:
Originally Posted by bitcoinflop View Post
Do i need a chase checking account to become a Chase Private Client?
Mainly looking to get a jp morgan palladium card

Can you do that with your $250K on deposit?
Quick reply to this message
 
Old 08-08-2014, 01:11 PM
 
Location: North Idaho
2,094 posts, read 1,878,520 times
Reputation: 2495
Quote:
Originally Posted by Pitt Chick View Post
the OP wants to know



Can you do that with your $250K on deposit?
Don't know, we've never looked into it. I would never consider a card with a $595 annual fee!
Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


 
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:
Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Economics > Personal Finance
Follow City-Data.com founder on our Forum or

All times are GMT -6.

2005-2018, Advameg, Inc.

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top