Unboxing the Invite-Only $10 Million Dollar JP Morgan Reserve Credit Card: Worth $795?!

In today's video, we're unboxing the JP Morgan Reserve card, looking at the features and perks, and whether it's still a good card to chase, or whether you should just call it a day and be happy with the Chase Sapphire Reserve. Big favor, give us a thumbs up to help with the algorithm. Even though someone

I might benefit, then share this with them. Okay, let's talk about how to get the card. In order to be eligible, you need to be in JP Morgan Private Banking. In the past, we have done a video looking at all the different levels and the perks. It's more or less still the same. Speed running through it, you have

the regular Chase checking accounts with no threshold, Chase Premier Plus checking at 15K, and then Chase Sapphire banking at 75K. Note that this level did get discontinued back in June of this year for new people, so a bit of a legacy level. From there, you have Chase Private Client at 150K, and then a bit

confusing, but JP Morgan Private Client at 1 million. So, back in 2023, JP Morgan Chase acquired First Republic Bank. I'm going to miss the free cookies. They pretty much ported those clients over to JP Morgan Private Client. Initially, the minimum was 750K. They recently bumped this up to 1 million. On the top level is JP Morgan

Private Bank with 5 million as the target. This one is less of a hard cutoff, and it also depends on market. Intent is assets under management, so for example, ETFs or securities that you have. Even if it is a self-directed brokerage with Chase, that would still count for this. It doesn't need to be

dead cash, and it's also not a hard cap. There is wiggle room, so let's say you're the founder who's raised a ton of money for their startup. Or let's say you're the owner of a successful business, especially if you do your business banking with Chase. It doesn't have to be tech either. So, I met a