Originally Posted by
bribro
Incredible. It looks like JPMC didn't learn their lesson from the Palladium loophole fiasco. We'll see what happens after the inevitable flood of faxed applications from non-PB clients comes in. Good luck everyone!
I think the problem with the Palladium card was the availability/approval without a significant relationship with the bank (some with no accounts, others with just $100k in account value).
In fanowigs' anecdote, his friend had a substantial relationship with JPMorgan Chase. It makes sense that the bank is offering a great product for its best customers. The question is how they define "best".
