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.

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.
Our Take: The J.P. Morgan Reserve Card is a stunning status symbol for ultra-high-net-worth individuals, but it’s an invitation-only card that’s unobtainable for the average credit cardholder.

Pros and cons

  • Impressive-looking card with a unique finish
  • Rewards on all purchases
  • Statement credits
  • Travel and purchase protections
  • 0% foreign transaction fee
  • High annual fee
  • Difficult to obtain

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

The J.P. Morgan Reserve Card (formerly the Chase Palladium) is a solid credit card with a fancy exterior made of brass and palladium that’s guaranteed to leave an impression. If your goal is to brandish a status symbol, then the card may be worth it.

This is an invite-only card for those with a minimum of $10 million in assets managed by J.P. Morgan’s private bank. It ranks up there with the Centurion® Card from American Express in terms of exclusivity. It does offer valuable benefits that justify its annual fee of $550 ($75 for each additional user). However, aside from prestige, its benefits aren’t unique.

You’ll find most of the same features on the Chase Sapphire Reserve® — a card that’s open to a wider pool of applicants, ones who have excellent credit and are willing to pay a $550 annual fee.

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.

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
  • Annual travel credit
  • Solid earning rate
  • Primary rental insurance
  • Travel insurance
  • Purchase protections

Intro Purchase APR

N/A

Regular Purchase APR

N/A

Intro BT APR

N/A

Regular BT APR

N/A

Annual Fee

$550 ($75 for each additional user)

Cash Advance Fee

N/A

Foreign Transaction Fee

0%

Balance Transfer Fee

0%

What we like about the J.P. Morgan Reserve Card

The J.P. Morgan Reserve Card comes with a lengthy list of benefits, many of which are also available with the Chase Sapphire Reserve® card.

  • You’ll earn 3x points on travel worldwide immediately after earning your $300 annual travel credit. Plus, 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. This matches the rewards rate on the Chase Sapphire Reserve®.

  • Travel and other benefits

    The J.P. Morgan Reserve Card comes with a valuable set of travel credits and benefits, including lounge access. Notably, though, it does include one unpublished benefit that sets it apart from the Chase Sapphire Reserve®: a complimentary United Club membership for primary cardholder and two guests. However, the rest of these benefits can also be found on the Chase Sapphire Reserve®:

    • Priority Pass lounge access
    • $100 statement credit for TSA PreCheck/Global Entry
    • Access to VIP events and experiences hosted by Chase
    • Redeem points for Sapphire Private Dining Series events, takeout, outdoor seating reservations and more
    • Complimentary DashPass
    • Monthly DoorDash credits
    • 0% foreign transaction fee
    • Dedicated concierge team
  • Purchase protections and insurance

    Like the Chase Sapphire Reserve®, the J.P. Morgan Reserve Card includes an excellent set of travel protections, including primary car rental insurance and trip cancellation/interruption insurance:

    • Purchase protection up to $10,000 per claim and $50,000 per year
    • Trip cancellation/interruption insurance up to $10,000 per covered person and $20,000 per trip
    • Trip delay reimbursement of up to $500 per ticket purchased when delayed due to covered hazard
    • Primary rental car insurance up to $75,000
    • 24/7 Roadside assistance in the USA and Canada
    • Baggage delay insurance up to $100 per day for maximum of five days
    • Lost luggage reimbursement up to $3,000 per covered person, per trip
    • Emergency evacuation and transportation up to $100,000
    • Emergency medical and dental up to $2,500 (subject to $50 deductible)
    • Travel accident insurance for cardholder and immediate family members
    • Travel and emergency assistance services for cardholder, spouse and dependent children under 22
    • Extended warranty protection up to maximum of $10,000 per claim and $50,000 per account
    • Return protection up to $500 per item and annual maximum of $1,000 per account
  • Transferable points

    The points you earn with your J.P. Morgan Reserve Card are part of the Chase Ultimate Rewards® program. You can transfer points to more than a dozen airline and hotel brands and through Chase Ultimate Rewards® your points are worth 50% more. This means that 20,000 points can be redeemed for $300 worth of travel rather than $200.

    Current airline and hotel partners include:

    • 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 is the same as the one given to Chase Sapphire Reserve® cardholders. The benefit is automatically applied to your first $300 in travel purchases each year. Note that you don’t earn points on purchases that qualify for the credit.

Alternate cards to the J.P. Morgan Reserve Card

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 Travel℠.
  • $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 Travel℠ 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 Travel℠. 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 Pass™ 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, but doesn’t require an invitation to apply

The Chase Sapphire Reserve® card offers nearly the same benefits as the J.P. Morgan Reserve Card with a lower annual fee, and anyone can apply for it.

The similarities don’t end with the name and fees. You’ll earn 5x total points on flights and 10x total points on hotels and car rentals when you purchase travel through Chase Travel℠ 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. That’s the same rewards rate as the J.P. Morgan Reserve Card Plus, you get the same $300 annual travel credit.

Other benefits include complimentary Priority Pass™ Select membership (which gives you access to more than 1,300 Priority Pass lounges), a fee credit for Global Entry, TSA PreCheck® or NEXUS and no foreign transaction fees when traveling internationally.

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

| Disclosures
Centurion® Card from American Express*
Centurion® Card from American Express
Learn More
| Terms Apply
prime rate + 12.74% for the Pay Over Time feature
$5,000
N/A
  • Complimentary Starwood Preferred Guest Gold & Hilton Honors Diamond Status
  • IHG Priority Club Rewards Platinum Elite
  • Centurion Hotel Program which includes various benefits at Aman, Belmond, Mandarin Oriental, Peninsula and St. Regis Hotels
  • Delta SkyMiles Platinum Medallion
  • Centurion International Arrival Services
  • Gogo In-Flight Wi-Fi
  • Boingo Wi-Fi
  • 30% Membership Rewards Bonus when you use points for airline statement credit
  • Centurion Airport Lounge Access
  • Priority Pass Select
  • Credit for Global Entry or TSA PreCheck
  • $200 Airline Fee Credit
  • $10,000 initiation fee
N/A
*The information related to the Centurion® Card from American Express has been collected by LendingTree and has not been reviewed or provided by the issuer of this card prior to publication. Terms apply

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: More impressive luxury benefits, but requires an initiation fee and a much higher annual fee

While far more expensive, but almost as rare, the Centurion® Card from American Express offers a plethora of luxury benefits that make it stand out. Benefits include complimentary elite status with IHG, Hilton and Marriott, Complementary Platinum Medallion status with Delta, Centurion lounge access, Priority Pass lounge access (enrollment required) through the Global Lounge Collection and more.

Current American Express cardholders can submit a form expressing interest in the Centurion® Card from American Express. However, additional barriers to card membership include the hefty initiation fee of $10,000 and annual fee of $5,000.

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.

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™ offers impressive benefits, including travel credits, lounge membership and purchase protections — but with a lower annual fee. The PVD-coated metal card is a sure conversation starter and has an annual fee of $495 ($195 for each Authorized User added to the account).

Benefits similar to the J.P. Morgan Reserve Card include a Global Entry and TSA PreCheck application fee credit and Priority Pass™ Select membership, as well as many travel and purchase protections. The Mastercard® Black Card™ lets you 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.

For those seeking a luxury travel credit card, this one is a solid choice since it’s more attainable than the J.P. Morgan Reserve Card.

Is the J.P. Morgan Reserve Card right for you?

If you’re a Chase private client card and meet the qualifications, the J.P. Morgan Reserve Card will give you bragging rights along with premium benefits.

However, other cards offer similar benefits and comparable annual fees without the barrier to entry. You should consider the Chase Sapphire Reserve® or the Mastercard® Black Card™ if you’re in the market for a less exclusive high-end card with luxury perks.

Interested in comparing more travel card options?

Frequently asked questions

The J.P. Morgan Reserve Card application is invite-only. To be considered, you’ll need to be a client of J.P. Morgan’s private bank with at least $10 million in assets under management.

Unfortunately, the J.P. Morgan Reserve Card credit information is unavailable to the public. Only the card issuer and card invitee are privy to that information.

JPMorgan Chase & Co is the parent company of Chase, which is J.P. Morgan’s U.S. consumer and commercial banking business.

JPMCB stands for JPMorgan Chase Bank and the acronym is used on credit reports. JPMorgan Chase Bank offers a variety of personal and business credit cards. Many Chase cards offer rewards and access to the lucrative Chase Ultimate Rewards® program.

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.