If American Express' Centurion "Black Card" is meant for the 1 percent, then JP Morgan Chase's Palladium Card caters to the .0001 percent. Only a couple thousand copies of the ultra-elite credit cards exist, and it costs a reported $1,000 just to make one of the etched palladium and 23-karat gold cards. Not just anyone can apply. For starters, Palladium cardholders must invest at least $25 million with JP Morgan. "We have probably half the world's billionaires as clients," an unnamed insider tells Bloomberg. Sources: Bloomberg, TIME
The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
-
The Taliban wages war on high-speed internetTHE EXPLAINER A new push to cut nationwide access to the digital world is taking Afghanistan back to the isolationist extremes of decades past
-
The US and Colombia renew their feud over the drug warIn the Spotlight The US has accused Colombia of failing in its drug-fighting efforts
-
‘The problem isn’t solved by simply swapping out the faces on screen’Instant Opinion Opinion, comment and editorials of the day
-
Nobody seems surprised Wagner's Prigozhin died under suspicious circumstancesSpeed Read
-
Western mountain climbers allegedly left Pakistani porter to die on K2Speed Read
-
'Circular saw blades' divide controversial Rio Grande buoys installed by Texas governorSpeed Read
-
Los Angeles city workers stage 1-day walkout over labor conditionsSpeed Read
-
Mega Millions jackpot climbs to an estimated $1.55 billionSpeed Read
-
Bangladesh dealing with worst dengue fever outbreak on recordSpeed Read
-
Glacial outburst flooding in Juneau destroys homesSpeed Read
-
Scotland seeking 'monster hunters' to search for fabled Loch Ness creatureSpeed Read
