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How Does LendingTree Get Paid?

LendingTree is compensated by companies on this site and this compensation may impact how and where offers appear on this site (such as the order). LendingTree does not include all lenders, savings products, or loan options available in the marketplace.
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Advertising Disclosure

LendingTree is an advertising-supported comparison service. The site features products from our partners as well as institutions which are not advertising partners. While we make an effort to include the best deals available to the general public, we make no warranty that such information represents all available products. We are compensated by companies on this site and this compensation may impact how and where offers appear on this site (such as the order).
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American Express Disclosure
Terms apply to American Express benefits and offers. Visit americanexpress.com to learn more.

American Express Disclosure

Terms apply to American Express benefits and offers. Visit americanexpress.com to learn more.

J.P. Morgan Reserve Card Review

J.P. Morgan Reserve Card
Rewards Rate
3X points on travel worldwide immediately after earning your $300 annual travel credit. Plus, 3X points per $1 spent at restaurants and 1 point per $1 on other purchases
Lounge Access
Access to 1,400+ Priority Pass lounges
Extra Perks
$300 flexible travel credit
Editorial Note: The content of this article is based on the author’s opinions and recommendations alone. It was not reviewed, approved or otherwise endorsed by the credit card issuer. This site may be compensated through a credit card issuer partnership.

Is the J.P. Morgan Reserve Card worth it?

Is the J.P. Morgan Reserve Card worth it?
The J.P. Morgan Reserve Card doesn’t have unique features to offer cardholders beyond bragging rights, so this credit card might not be worth it even if you can get it.

The J.P. Morgan Reserve Card is a high-end, invite-only credit card available to Chase private bank customers.

The J.P. Morgan Reserve Card is a unique, invite-only credit card but doesn’t offer any special benefits beyond the novelty of being made out of a rare chemical element, palladium.

To get an invitation to the card, cardholders must have a minimum of $10 million in assets managed by J.P. Morgan’s private bank. It is one of the few invitation-only credit cards in the United States. The closest card by comparison is Centurion® Card from American Express, sometimes referred to as the Amex black card.

Though the J.P. Morgan Reserve Card features a set of attractive benefits and features, it acts as more of a status symbol, since many of these benefits can be found on other Chase-issued credit cards. It’s constructed out of brass and palladium. The J.P. Morgan Reserve Card has a $595 annual fee, which is higher than most cards.

 Wonder if another Chase card would be better for you? See our picks for the best Chase credit cards.

Quick facts

    • 3x Points on travel worldwide
    • 3x points on dining
    • $300 annual travel credit
    • No blackout dates or restrictions
    • Chase Ultimate Rewards transferrable to 11 hotel and airline partners
    • VIP Access to events & experiences
    • Purchase Protection, Price Protection, and Extended Warranty Protection
    • Visa Infinite benefits
  • Recommended Credit
    Credit scores ranges may vary. Your individual chance at approval may vary due to factors such as creditors using a particular variation at their discretion
  • N/A
  • Earning rate: 3X points on travel worldwide immediately after earning your $300 annual travel credit. Plus, 3X points per $1 spent at restaurants and 1 point per $1 on other purchases
  • Annual fee: $595
  • Foreign transaction fee: 0%

Intro Purchase APR

N/A

Regular Purchase APR

N/A

Intro BT APR

N/A

Regular BT APR

N/A

Annual Fee

$595

Cash Advance Fee

N/A

Foreign Transaction Fee

0%

Balance Transfer Fee

0%

J.P. Morgan Reserve Card benefits and features

The J.P. Morgan Reserve Card comes with a long list of benefits. As you read down the list, you may notice the benefits are very similar to the Chase Sapphire Reserve®. When you are approved for the J.P. Morgan Reserve Card, you will earn:

  • 3X points on travel worldwide immediately after earning your $300 annual travel credit. Plus, 3X points per $1 spent at restaurants and 1 point per $1 on other purchases
  • Comprehensive travel insurance coverage including trip cancellation/interruption insurance.
  • Redeem points for Sapphire Private Dining Series events, takeout, outdoor seating reservations and more.
  • Primary rental car insurance
  • Priority Pass lounge access
  • $300 flexible travel credit
  • $100 statement credit for TSA Precheck/Global Entry
  • Access to VIP events and experiences hosted by Chase
  • 0% foreign transaction fee

All of the points you earn are worth $0.015 when redeemed for travel through the Ultimate Rewards website. You can also trade the points in for cash back, though this will get you just $0.01 per point. However, points are best used for transferring to Chase’s travel partners.

 Learn more about what credit card points are and if they’re worth it.

Transferable points

Since the J.P. Morgan Reserve Card is part of Chase Ultimate Rewards®, cardholders are allowed to transfer their points to one of 14 airline and hotel partners. Those looking to optimize can use this method to get even more value out of a single point. You can easily exchange Ultimate Rewards for travel miles and points that are worth $0.02 or more. Here is a full list of the Ultimate Rewards travel partners:

  • Air Canada
  • Air France/KLM Flying Blue
  • Aer Lingus
  • British Airways Executive Club
  • Emirates Skywards
  • Iberia Plus
  • JetBlue Airlines
  • Singapore Airlines KrisFlyer
  • Southwest Airlines Rapid Rewards®
  • United Airlines MileagePlus®
  • Virgin Atlantic
  • World of Hyatt
  • Marriott Bonvoy
  • IHG® Rewards Club

 Learn more about redeeming and transferring travel points.

$300 travel credit

The $300 annual travel credit on the J.P. Morgan Reserve Card is the same benefit offered on the Chase Sapphire Reserve®. The benefit is automatically applied to your account whenever you make a purchase. So the first $300 in travel purchases per cardmember year will be covered by the $300 travel credit.

J.P. Morgan Reserve Card vs. Centurion® Card from American Express

  Verdict: More impressive luxury benefits, but charges a much higher annual fee

The Centurion® Card from American Express, sometimes referred to as the black card, is a far more interesting offer. The card provides a gamut of benefits, including complimentary elite status with IHG, Hilton and Marriott, complimentary Platinum Medallion status with Delta, Centurion lounge access, Priority Pass lounge access (enrollment required) through the Global Lounge Collection and more. These benefits help the Centurion® Card from American Express stand out as a special card. That being said, the Centurion® Card from American Express is a lot more expensive.

The Centurion® Card from American Express has an annual fee of $5,000 and an initiation fee of $10,000. The annual fee is significantly more expensive than what the J.P. Morgan Reserve Card charges. Since these cards target very high net worth individuals, these high fees are to be expected.

J.P. Morgan Reserve Card vs. Chase Sapphire Reserve®

| Disclosures
Chase Sapphire Reserve®
Chase Sapphire Reserve®
apply-now-icon Apply Now
on Chase's secure site
N/A
22.49% – 29.49% Variable
$550
Earn 5x total points on flights and 10x total points on hotels
  • Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $900 toward travel when you redeem through Chase Ultimate Rewards®
  • $300 Annual Travel Credit as reimbursement for travel purchases charged to your card each account anniversary year.
  • Earn 5x total points on flights and 10x total points on hotels and car rentals when you purchase travel through Chase Ultimate Rewards® immediately after the first $300 is spent on travel purchases annually. Earn 3x points on other travel and dining & 1 point per $1 spent on all other purchases
  • Get 50% more value when you redeem your points for travel through Chase Ultimate Rewards®. For example, 60,000 points are worth $900 toward travel
  • 1:1 point transfer to leading airline and hotel loyalty programs
  • Access to 1,300+ airport lounges worldwide after an easy, one-time enrollment in Priority PassTM Select and up to $100 application fee credit every four years for Global Entry, NEXUS, or TSA PreCheck®
  • Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more
  • Member FDIC
720 850
Excellent

How Does LendingTree Get Paid?

LendingTree is compensated by companies on this site and this compensation may impact how and where offers appears on this site (such as the order). LendingTree does not include all lenders, savings products, or loan options available in the marketplace.

  Verdict: Nearly identical to the J.P. Morgan Reserve Card, with a much lower annual fee

If you go with the J.P. Morgan Reserve Card you’re simply paying more for exclusivity when you could get all the same benefits with the less exclusive, less expensive Chase Sapphire Reserve® card.

Not only are the J.P. Morgan Reserve Card and the Chase Sapphire Reserve® similar in name, but in benefits as well. Virtually all of the perks you can get on the J.P. Morgan Reserve Card are offered on the Chase Sapphire Reserve®. You earn Earn 5x total points on flights and 10x total points on hotels and car rentals when you purchase travel through Chase Ultimate Rewards® immediately after the first $300 is spent on travel purchases annually. Earn 3x points on other travel and dining & 1 point per $1 spent on all other purchases You earn the same number of points on every purchase and you get the same $300 annual travel credit. Even though the benefits are the same, the annual fees are not. The Chase Sapphire Reserve® charges $550 per year, compared with the $595 on the J.P. Morgan Reserve Card.

J.P. Morgan Reserve Card vs. Mastercard® Black Card™

| Disclosures
Mastercard® Black Card™
Mastercard® Black Card™
apply-now-icon Apply Now
on Luxury Card's secure site
N/A
21.24%, 25.43% or 28.24%
$495 ($195 for each Authorized User added to the account)
2% value for airfare redemptions with no blackout dates or seat restrictions.
  • Ideal for those seeking a premium travel card that doubles as an everyday workhorse, paired with elevated service beyond the ordinary. Leave behind the hassle of juggling various cards and monthly statements, while finding peace of mind with protection benefits that exceeds standard credit cards.
  • Flat-rate redemption value of 1.5% for cash back or 2% value for airfare redemption with no airline or seat restrictions and no blackout dates. Earn one point for every dollar spent. Straightforward redemption without needing a high-maintenance reward strategy. No foreign transaction fees, no earning caps, no rotating categories, and no need to chase down transfer partners to escape very low point values.
  • Annual Airline Credit—up to $100 in statement credits toward flight-related purchases including airline tickets, baggage fees, upgrades and more. Just pay for airline purchases with your Mastercard Black Card and we will automatically apply the credit to your account. That’s it. No need to activate or designate an airline. The credit amount is available in full at the start of the calendar year.
  • Up to a $100 application fee credit for the cost of TSA Pre✓® or Global Entry. Also, enjoy automatic enrollment in Priority Pass™ Select with access to 1,300+ airport lounges worldwide with no guest or lounge limits. Includes credits at select airport restaurants for cardholder and one guest.
  • 24/7 Luxury Card Concierge®—Make requests the way you want by phone, email, SMS and chat in the app. Connect directly with a real agent and receive 24/7 assistance for tasks big and small. Requests do not require a purchase, incure no charge for making them, and do not involve department transfers.
  • Exclusive Luxury Card Travel® benefits—average value of $500 per stay (e.g., resort credits, room upgrades, free wifi, breakfast for two and more) at over 3,000 properties. Receive protection benefits like trip cancellation and interruption, auto rental car collision waiver, travel accident and baggage delay. Cell phone protection for eligible claims of up to $1,000 each year. Plus additional World Elite Mastercard® benefits.
  • Black PVD-Coated Metal Card: Weighing in at an industry-leading 22g. Designed for frequent shoppers, big ticket purchases and everything in between.
  • Annual Fee: $495 ($195 for each Authorized User). Terms and conditions apply
720 850
Excellent

How Does LendingTree Get Paid?

LendingTree is compensated by companies on this site and this compensation may impact how and where offers appears on this site (such as the order). LendingTree does not include all lenders, savings products, or loan options available in the marketplace.

  Verdict: A luxury card that doesn’t require an invitation

The Mastercard® Black Card™ charges $100 less than the J.P. Morgan Reserve Card in annual fees and comes with comparable, if not more impressive benefits. The Mastercard® Black Card™ is a swanky, black PVD-coated metal card with an annual fee of $495 ($195 for each Authorized User added to the account). The card comes with a $100 in annual air travel credit toward flight-related purchases, Global Entry and TSA Precheck application fee credit, Priority Pass Select™ airport lounge membership, access to TCS World Travel private jets and a number of valuable travel and purchase protections.

While these benefits may rival those offered by the J.P. Morgan Reserve Card, unfortunately the Mastercard® Black Card™ only lets cardholders earn 2% value for airfare redemptions with no blackout dates or seat restrictions. 1.5% value for cash back redemptions. Earn one point for every one dollar spent. This is significantly less impressive than the J.P. Morgan Reserve Card‘s bonus category offerings. However, this card also charges a lower annual fee and doesn’t require an invitation to apply. For those seeking the trappings of an exclusive luxury card for an affordable annual fee, the Mastercard® Black Card™ might be worth it.

Should you get the J.P. Morgan Reserve Card?

Even if you can get the J.P. Morgan Reserve Card, we’re not convinced that you should. Other cards like the Chase Sapphire Reserve®, the Centurion® Card from American Express and even The Platinum Card® from American Express charge similar annual fees and offer comparable, if not better benefits. However, if you’re looking for a Chase private client card, this one will certainly afford you bragging rights as well as premium credit card benefits.

Interested in comparing more travel card options?

 

Frequently asked questions

In order to get the J.P. Morgan Reserve Card, you must be invited. To get an invitation, you have to be a Chase private bank client and have a minimum of $10 million in assets managed by J.P. Morgan’s private bank.

Unfortunately, J.P. Morgan Reserve Card credit limit information is not available to the public. Only the issuer and card invitee are privy to that information.

JPMorgan Chase is the parent company of Chase, and Chase is JPMorgan’s U.S. consumer and commercial banking business.

JPMCB stands for JPMorgan Chase Bank, which offers a number of available credit cards. Both personal and business credit cards are available, and many of them offer rewards and access to Chase’s lucrative Ultimate Rewards program.

The information related to the Centurion® Card from American Express has been independently collected by LendingTree and has not been reviewed or provided by the issuer of this card prior to publication.

The information related to the J.P. Morgan Reserve Card has been independently collected by LendingTree and has not been reviewed or provided by the issuer of this card prior to publication.