Magic Pickles

Wow, lucky you! My APR's are just the standard offer. In that case you have an excellent deal! My lowest is a Purchase APR for my Ink MC at 9.49%. That's a very old card as I don't think they offer MC's anymore.

darkhound

So we know some JPM PB clients are being demoted to Private Client Direct (PCD) for being too poor.

But does anyone know the min. qualifications for PCD? 1M? 5M? And what benefits do you get over CPC? I couldn't find anything online.

Thx.

csol47

5MM is what I've heard down the pipeline. I'm guessing it's similar to cpc with greater access to the private bank specific products and a slightly lower client to banker ratio. I've also heard from one source that they are grandfathering some accounts with a relationship of >10 yrs

ktjan

My CPC rep told me there is absolutely no chance he can apply the new JPMR credit card for me to take advantage of the 100k bonus points because it's only reserved for the PB clients. As for the conversion, I'm not on the "conversion list" so it's possible they may downgrade and offer me a CSR card instead after they discontinue the Pd card.

Venomz

Anyone with a palladium can STILL call in and ask for a product change. Not sure what your situation is, call the number on the back.

Venomz

I guess I'm just hesitant on what to ask, bring some money over or to just cli. It sounds like we only have one PB cli request that has been approved for his wife in flyertalk so far

darkhound

Instead of going through your CPC rep, just call the credit card account services number on the back of your card and tell them to convert you to a JPMR. Try a few times. You can get different results with different reps.

To mitigate against this risk, get a CSR card now. If they try to downgrade you, you can say no - "I already have one. I want the JPMR instead, which looks the same and is the natural heir to my Pd card that you're discontinuing"

You'll have to pay the $450 fee, but it's actually only $150 after the $300 travel credit. And because the credit goes by calendar year, it'll basically be free for 2 years.

Magic Pickles

I just said my spending patterns changed and I wanted to better utilize my allocated credit. They used a "wizard" where they input the card numbers and amounts; it was very quick and easy.

Clayfu

You can move credit onto the jpmr from other chase cards. I called the executive line to move credit off some other cards and they asked if I wanted to put it on the jpmr.

Just call in, they can do it in seconds. I had them move lines from three other cards. Pretty much immediate

Venomz

Update:

Wow Chase Exec/JP Morgan service is amazing.

I called in, got a 10k credit limit increase and consolidated another 10k from my other card all within 15 min.

The Wonderful rep I spoke to was extremely professional and he knew just as much or more about the card than me. They continued to reassure me to not be afraid of being late with a payment on this card and I can go well beyond my credit limit because it will never report to the credit limit, although I have no intentions of doing that. They really emphasized the fact that they don't want over utalizing affecting their JP Morgan clients.

I felt like the rep insinuated it's ok to have a 100k+ cli with JP Morgan Reserve, and they made me feel like they were hinting to consolidating my entire other limits to this card, although I did not.

Hands down the best card ever, I feel like a kid using it and I will continue to charge everything to this card.

Magic Pickles

Excellent news! Did they do a hard pull or just base it on your Chase history?

As a side note for other Chase cards, since Visa Signature and Infinite cards have a revolving line but not a preset spending limit over the line, how does Chase report this? In the past I had a Visa Signature from another bank that reported the card history but not the credit line, which made sense to me.

Boraxo

You can set your limit at any reasonable amount (or so I was told by my CPC banker). In my case I originally set at $300/day (I prefer low for security reasons but don't want to sidetrack the discussion) and later discovered this was too low when I kept attempting to withdraw 400 Euro per day in Paris (doh!) So I reset my ATM card for $500.

I would still want a separate ATM card as it would not be good to have both ATM and credit card options out of commission in the event the card is lost or stolen. But still great to have as a backup feature. Hadn't really thought of that @:-) but maybe will do so now.

P.S. Cannot resist this opportunity to plug ATM-only card - no reason to ever carry a Visa debit card when ATM-only card works just as well at ATMs (and you want to maximize UR points anyway).

Venomz

Yes hardpull on EQ, they told me I would have no problem going over my limit but I have no intention to do this. I use my Centurion for monthly pay in full balances, I don't think jade can handle the kind of spending I do with Centurion, i may be wrong

Venomz

Just finished some errands and decided to call in and create my pin for abroad, they told me I need to be ok a computer? They told me since my account is less than 90 days old I can create my own pin?

Also I still have not received my prorated $145 (Palladium fee vs JP Reserve). I have not brought this to their attention yet, have any of you been reimbursed yet

mia

I think that would be a PIN for ATM's. To my knowledge Chase does not support PIN transaction authorization for consumer cards issued in the USA.