Palladium Card

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A J.P. Morgan Palladium Card with EMV

The J.P. Morgan Palladium Card (now formally re-branded the J.P. Morgan Reserve Card[1]) was an invitation-only Visa credit card issued by JPMorgan Chase. The laser engraved card was minted out of solid metal and plated with palladium.[2] The card and its successor dominates a category of ultra exclusive, invitation-only credit and charge cards, which includes the American Express Centurion Card.[2]


JPMorgan Chase introduced the Palladium Card in 2009 to cater to their ultra high net worth clients. Bloomberg described the Palladium Card as the "card for the 1% of the 1%".[3] Most J.P. Morgan clients who are invited to carry this card have a minimum of US$10 million in assets under management with J.P. Morgan's Private Bank and a median of US$100 million. The Palladium Card was one of the first U.S. credit cards to adopt EMV smart chip technology. With its brass construction and palladium plating, the card weighs 1 ounce or 28.35 grams, five times the weight of a conventional plastic credit card and twice the weight of the titanium constructed American Express Centurion Card. As of September 2016, the J.P. Morgan Palladium Card has been re-branded the J.P. Morgan Reserve Card, which is physically identical to its predecessor, but now includes a suite of improved benefits and privileges including complimentary airport lounge memberships such as United Club and Priority Pass Select, as well as being branded Visa Infinite.[1]

Availability and fees[edit]

The J.P. Morgan Palladium Card and subsequent J.P. Morgan Reserve Card were offered to clients of J.P. Morgan Private Bank.[4]

Card members were required to pay an annual fee of US$595.[3][2][4] After the re-branding to the J.P. Morgan Reserve Card in September 2016, the annual fee was adjusted to US$450. There are no fees for foreign transactions, late payments, returned payments, or cash advances.[3] The card has no pre-set spending limit, and operates as a hidden trade line where client usage activity is not reported to any credit reporting bureau.[1]


  1. ^ a b c Ellis, Nick (August 25, 2016). "Have $10 Million with Chase? You Can Get the J.P. Morgan Reserve Card". The Points Guy.
  2. ^ a b c White, Martha C. (2 March 2012). "You're Probably Not Rich Enough For This Credit Card". TIME. Retrieved 10 February 2015.
  3. ^ a b c Cohan, William D. (29 February 2012). "The Credit Card for the 1 Percent of the 1 Percent: The Ticker". Bloomberg News. Archived from the original on 14 February 2015. Retrieved 10 February 2015.
  4. ^ a b Zhen, Simon (16 July 2013). "The 5 Best Credit Cards For The Wealthy". Business Insider. Retrieved 10 February 2015.

See also[edit]