Originally Posted by
Wyfind
It's essentially an open line of credit on your non-retirement securities. I don't have my assets managed by JP Morgan (everything is self-directed) but my investment advisor set it up.
Separately, I wish Private Client came with annual fee discounts on some credit cards like Citigold offers on the Prestige card.
AF discounts would certainly be nice, but I have wondered why Chase doesn't offer relationship benefits between its CC & banking/investment offerings like Citi & BofA do. I realize Chase's CCs are attractive enough as standalone products, but why not lure more clients into the fold for other divisions?
LAX