Key facts
Annual Fee:
$795Min. Credit Score for Approval:
800-850 * ExcellentGet 20% bonus Aeroplan® points when you transfer Chase Ultimate Rewards® points between 12:00 AM ET on August 12, 2026 and 11:59 PM ET on September 30, 2026.
Chase Aeroplan Cardmembers can get up to 30% bonus Aeroplan points (20% from the limited time offer and an extra 10% for being a Cardmember). To get the additional 10% bonus, Chase Aeroplan Cardmembers need to transfer a minimum of 50,000 points or more from Chase Ultimate Rewards® to Aeroplan, up to a maximum of 25,000 bonus Aeroplan points per calendar year.
I suggest reviewing historical transfer bonuses from Chase and American Express to Air Canada Aeroplan as you might find that bonuses are more common than you think. 20% is the “standard” offer we see the most, though Chase did offer a flat 30% in late 2022.
Aeroplan sweet spots: No fuel surcharges; just a $39CAD booking fee. Lap infant just $25CAD. Can book Star Alliance flights as well as partners like Etihad and Emirates. Add a stopover for just 5,000 miles! Award pricing is not necessarily the best there is, but is consistently fair.
A business class award on a partner (not on Air Canada metal as that is dynamically priced) from the East Coast to Europe would be 70,000 points (as an example), which would be 56,000 Chase points with this promotion.
It’s worth noting that Blackstone is taking a minority stake in Aeroplan and private equity investments don’t tend to align with what’s best for the customer, so I’d be extra cautious about speculative transfers here.
Reward multipliers
- 8X points on all Chase Travel℠ purchases
- 4X points on flights and hotels booked direct
- 3X points on dining
- 5X points on Lyft rides through 9/30/27
- 1X points on everything else
Earns bonus points for spend in the following bonus categories:
Only applies to bookings made via Chase Travel℠. Otherwise earn 4X points per dollar if booked directly with the airline. Bookings via any other channel earn 1X.
Estimated Rewards Value: 8%
Only applies to bookings made via Chase Travel℠. Otherwise earn 1X.
Estimated Rewards Value: 8%
Only applies to bookings made via Chase Travel℠. Otherwise earn 4X points per dollar if booked directly with the hotel. Bookings via any other channel earn 1X.
Estimated Rewards Value: 8%
Estimated Rewards Value: 3%
Estimated Rewards Value: 1%
Our review
If you are looking for a review of the JP Morgan Reserve card, you’re in the right spot.
However, it may be more elusive than you think….
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 nearly every way but the design and rarity, this card is the same as the Chase Sapphire Reserve.
One big difference?
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 the same as the Sapphire Reserve as well.
How Do You Get a JP Morgan Reserve Card?
This card is available to Chase 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. But no longer…
JP Morgan Reserve Benefits:
- United Club annual membership
- Everything else found in the Chase Sapphire Reserve®
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.
