June 28, 2011
JP Morgan Palladium credit card
Carry round a credit card you can be really proud of with the JP Morgan Palladium credit card.
The most affluent of society can enjoy the benefits of this exquisitely designed credit card made out of solid palladium and 23k gold and laser engraved with the cardholder’s information.
Designed like no other credit card in circulation, Palladium card customers have to be a private banker of JP Morgan Private Bank, Commercial Bank, Investment Bank or Treasury Services in order to apply. Well that’s easy isn’t it? Not quite!
The average Private Bank client has a $30 million balance. As a consequence of their multi-million bank balances, the J.P Morgan Palladium Card’s annual fee is a comparatively modest $595, which, compared to the physical value of the card and that the credit card bears no limit, is a snippet.
Prices of gold today are soaring, with palladium hovering at around $800 or more, an ounce. Given the escalating worth of gold and palladium, the card itself is worth more than $1,000.
Apart from possessing such a high-value and tastefully designed credit card, ultra high worth individuals can enjoy a whole host of benefits was they are approved for the Palladium Credit Card.
Unlike ‘conventional’ credit cards, in which the benefit guide leaflet is just a few pages thick, the benefits ‘book’ accompanying the Palladium Credit Card is a whopping 57 pages long, listing all the wondrous benefits holders will be entitled to.
Amongst these benefits is the top tier concierge service, which is only offered on the Palladium card. In-conjunction with the usual dining reservations, event ticket procurement and travel planning, the guide book states that the Palladium Card will “provide you with a virtually limitless array of unique offers, time saving conveniences and personalized insider expertise.”
Palladium card clients can also enjoy many additional perks when flying on a Marquis private Jet.
These perks include a free hour of flight time with the purchase of one’s first 25-hour jet card. British Airways are also getting in on the act, with J.P Morgan Palladium clients receiving a complimentary upgrade to first-class with each business-class ticket from the US to London.
Although there are some drawbacks to possessing such an exquisitely designed and high-value credit card – namely the JP Morgan Palladium Card is not accepted outside the US.