JP Morgan Reserve Credit Card
JP Morgan Reserve Credit Card

Last Updated: July 2023

I just wrote this rather secretive credit card up for Your Best Credit Cards and thought MilesTalk readers might like to know a bit more about the JP Morgan Reserve as well.

Namely, how to qualify and the similarities and differences with the Chase Sapphire Reserve.

What is the JP Morgan Reserve card?

Formerly known as the JP Morgan Palladium card, this unbelievably heavy metal credit card is now known as the JP Morgan Reserve card.

In the travel rewards credit card space, this is the equivalent of the famous American Express Black (Centurion) Card in terms of being hard to get. The benefits are not quite on the same level, however.

In nearly every way but the design and rarity, this card is the same as the Chase Sapphire Reserve. The annual fee is $550, the same as the CSR.

Some sites say it’s $595, but I had a reader confirm they were just billed $550.

One big difference? United Club Access

The JP Morgan Reserve card includes an annual United Club membership.  

So in some ways, the JP Morgan Reserve card combined the best features of the Chase Sapphire Reserve and the United Club Infinite Card.

The annual fee is just $45 more than the Sapphire Reserve.

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Limited Time Offer: Get 90,000 Bonus Chase Ultimate Rewards points when you spend $6,000 in your first 3 months. Points are transferrable if you also hold a Sapphire Preferred, Sapphire Reserve, or Ink Business Preferred. Earn 5X at office supply stores including gift card purchases. Read how you may qualify for this credit card even without a traditional business entity. Get This Offer

How Do You Get a JP Morgan Reserve Card?

This card is available to J. P. Morgan Private Bank clients, only. That means you will need over 10 Million dollars in assets with Chase.

Now, you may know someone with one of these cards that doesn’t have $10 million with Chase. That would be because when it was the Palladium card, mere Chase Private Client customers could apply. There was also a very brief window when anyone could apply in 2016 – probably a gaffe at Chase – and that was very short lived.  But no longer…

Note that if you have ‘enough’ assets, you may be invited to the Private Bank with less – but with the expectation you’ll grow into it. Certainly you need to be ‘in the ballpark.’

JP Morgan Reserve Card Points Earning Rate

  • 10X total points on hotel stays and car rentals purchased through Ultimate Rewards
  • 10X Ultimate Rewards points on Lyft rides thrugh March 2025
  • 5X total points on air travel purchased through Ultimate Rewards
  • 3X Ultimate Rewards points on travel and dining
  • 10x total points on Chase Dining purchases through Ultimate Rewards (This is powered by Tock Dining and is only in select markets)
  • 1X points on all other purchases

JP Morgan Reserve Benefits:

JP Morgan Reserve Credit Card
JP Morgan Reserve Credit Card
  • $550 annual fee
  • United Club annual membership
  • Primary car rental CDW coverage for rental cars.
  • Priority Pass Select airport lounge access is included for the cardholder and up to two guests. This means that every time you visit a Priority Pass airport lounge, the cost of entry is included.  More info on Priority Pass.
  • $100 credit for enrollment in Global Entry or PreCheck once every 5 years.
  • $300 travel credit each year, credited automatically, as you spend on any travel.
  • No foreign transaction fees.
  • Pay Yourself Back (redeem points after your purchase on select categories when offered.)

JP Morgan Reserve  / Lyft Benefits

  • Earn 10X Ultimate Rewards points on Lyft rides through March 2025
  • Get a one-time complimentary Lyft Pink subscription (15% Lyft discounts, free bike/scooter rentals each month, and better cancellation rules) for two years. The membership must be activated with your eligible card by 11:59 PM Eastern Standard Time on December 31, 2024.

DoorDash Benefits

  • Complimentary DashPass from DoorDash: You and your authorized user(s) will receive at least 12 months of complimentary DashPass for use on both the DoorDash and Caviar applications during the same membership period based on the first activation date, when the membership is activated with a J.P. Morgan Reserve card by 12/31/2024. 
  • Earn $5 monthly DoorDash Credits through 12/31/2024

Can you Product Change from a Chase Sapphire Reserve to a J.P. Morgan Reserve?

No. sorry.

The Bottom Line on the JP Morgan Reserve

If you are reading this, the odds are that you can’t get a JP Morgan Reserve card. If you do have the $10 million in assets with Chase, just give your Private Banker a call!

Otherwise, you may need to look at applying for the Chase Sapphire Reserve instead…   for now.

(The information in this article was independently collected and has not been not reviewed or endorsed by Chase.)


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You can find credit cards that best match your spending habits and bonus categories at Your Best Credit Cards

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  1. JPMorgan has downgraded the look and quality of this card effective a couple months ago from the beautiful heavy silver palladium card to an ugly dark gray card. Big downgrade in quality. Not sure what knucklehead had this ridiculous idea at JPMorgan.

  2. All of the cardholders are complaining and hopefully they will bring the old ones back. They look and feel like capital one savor cards now

  3. They brought the old card back and it now has tap to pay. I was given the cheap version as a replacement a year ago and it started to peel. When I called customer service in June 2023, they told me there were widespread complaints and they sent me a new full metal one the next day (wish I knew sooner—would have just replaced the ugly card at that time). Correction to the article: It’s not “Chase Private Bank,” it’s JPMorgan Private Bank. There is a also a line of business called Chase Private Client (CPC), and I’ve heard of the occasional CPC client (assets sub $5mm) coaxing their way into getting a JPM Reserve card. How did I get my JPM Reserve card? I’m an employee who was fortunate enough to have applied during a particular 10-day window back in 2016. I still had to have good credit/income etc., but not the asset requirement that is often cited. But interestingly some of the younger employees that applied, ended up getting sent the Chase Sapphire Reserve and were not happy about it (same card benefits, but less cache).

    • Thanks for the comment. Three comments back 🙂

      – You’re right about it being called J.P. Morgan Private Bank. Updating that.

      – CPC starts at just $150,000. Can you give move concrete examples of someone in the range you describe ‘coaxing’ their way in? I’ve tried many times with different CPC reps.

      – The card isn’t identical to CSR. It MOSTLY is, but for the same fee includes full United Club membership. Pretty valuable bonus if you fly UA 😉 They don’t list it on the benefits page but it’s very much still a benefit as you most likely know 🙂

    • I don’t believe that the original silver card has returned. I just got off the phone with them and the only option they have is a plastic brown version, or a metal tap to pay which has a silver sticker on the top. That is not the same as what is pictured in this article

  4. Thanks Dave. I don’t know anything anecdotal about getting the card through CPC as I’m not affiliated with that line of biz, but I’ve heard stories of non-JPMPB clients obtaining (I have yet to meet one of these supposed cardholders!). Re the Reserve vs. CSR, I meant nearly identical but for the heavy metal which is highly coveted by some—what I great looking card to have had when I was single and physical cards were more prevalent! Tbh, these days I rarely take the card out of my wallet—my favorite feature is the annual travel credit (although the card fee recently went up to $550).

  5. The J.P. Morgan reserve card is $550 plus $75 for each additional card holder
    The annual travel credit knocks $300 off presuming you travel.

  6. Dave G. I am one of those folks that did talk my way into a JPM Reserve Card and do not have 10MM with JPM. Wasn’t easy and took about 6 months but, got one a couple of years ago.


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