Unboxing The $10,000,000 INVITE ONLY Credit Card

Unboxing The $10,000,000 Invite Only JP Morgan Reserve Credit Card - Original Video Here: • Unboxing The $10 Milli... | Add me on Instagram: GPStephan
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[@GrahamStephan]

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[@Freakylouie]

Is there still free stocks

[@elimelechschwartz667]

Who's Binyomin goldgrab

[@dylanlafreniere3479]

In complete seriousness, why doesn’t any “multi millionaire” create their own sudo credit card? In the extreme lazy instance, open up different accounts with their own money and prerequisites restrictions then give cards to individuals who they or their team vet and select. In the more advanced scenario, create or established funds via any avenue they have available, work with banks or self established funds. Manipulate and promote project or business that fit their interests literally. Work with interest reduction systems for friends, families or favored communities.

[@olegs7642]

Imaging having 10 million in your bank and being mad about a 145$/ year difference

[@ohnePixelVids]

That's why they have 10 million in the bank

[@rafa3lperez305]

Because the smartest investors always buy at the cheapest and want the efficient benefits.

[@troysoriano463]

And That’s how they stay a millionaire.

[@tegridyfarms6851]

If you want to stay rich you gotta be at least a little bit stingy.

[@cecef824]

People who are wealthy are the most frugal! I have seen it within myself. Although I have never been close to being a millionaire. It always seems whenever I have hardly any money, I give more. Meanwhile, at my highest level of income, I held on to every dollar. I wanted more of a savings. It’s crazy how our mind works.

[@adamV1P]

Imagine requiring 10mil to be put in your bank and you still wont waive the annual fee

[@sportman2536]

Exactly 😂

[@jaimereyes3583]

Yeah

[@minnow1337]

it’s probably intentionally a distraction from where they actually make their money

[@mrmunstr5579]

Um.. you've heard of accruing interest right? They pay you to save 🤣

[@carsonking6199]

@@mrmunstr5579 Um.. you’ve heard of loans right? They make way more off of your money then the pennies they give you in interest

[@FielValeryRTS]

I don't think they care about the fees. It's about the cards having the "same status". People love exclusiveness.

[@sarthakkolhapure]

true

[@marlo8850]

They are getting the same thing and are paying more for it, I’d be upset too

[@metalmadness90000]

@@marlo8850 Nah just the exclusiveness

[@marlo8850]

@@metalmadness90000 the card is just as exclusive, if it were about that then they wouldn’t be mad

[@archieVGC_Unite]

@@marlo8850 the benefits aren’t exclusive though. You don’t have to be nearly as wealthy or have the status symbol of the invite in order to reap the same rewards, so they probably got made fun of by sapphire reserve members for wasting money for no exclusive benefits.

[@markstrom3630]

Just imagine racking up lines and someone pulls out the Palladium card

[@CallMeUbba]

That’s half the reason I keep my expired black card 😂

[@AofFL]

Racking up lines?

[@musthavmusic]

​@@AofFL doing coke, you use a card to lay out or "rack" your lines.

[@musthavmusic]

@@AofFL same, I've tried it once but it just seems like a waste of money. For 1g of coke I can get 10g's of herb and have a much better time lol

[@unadulteratedreviews5958]

I’m going to stay out of this one 😜

[@Ghauldian]

Dude i was working an event at the pga and there was a chase bonus thing going on where if they had a sapphire card they got something free if they used it for the purchase. I had a few people bring in jp morgan cards and i was like oh sorry its only for sapphire card members and most of them very very politely were like oh yeah this is actually above the sapphire card.( not sarcastic they were all genuinely nice) i decided to look it up as to why they had it and i was like WHY DIDNT THE CHASE REPS TELL US?? You would think they would want those customers to be taken care of as well 🤣

[@AofFL]

Marketing, they where showing off and trying to get ppl to get their card. Even though they had the better card they couldn't participate.

[@Fistfury42]

It's NOT about the fee guys! It's about the prestige and uniqueness of the card. The second one is ffa.

[@core3481]

I just ordered off of the dollar menu from McDonald's. Not because im poor or anything, but to show off my J.P. Morgan Reserve card. The look on the McDonald's window assistant when she had no clue or care to what it was, is truly pricless.

[@jaybreezy4711]

I once worked at a retail cellular store about 10 years ago and one of my customer’s at the time pulls out his palladium card. It was my first time ever laying eyes on the card and from the “tink” it made from hitting the desk i knew buddy was the final boss 😂

[@Skooozle]

Did they get the insurance on the phone?

[@sufferedlearnedchanged]

I hope this is better than that FTX you were shilling.

[@Ndasuunye]

This was YEARS before ftx existed

[@Potheadmcgee14]

Not even the same thing lol

[@cpu_1292]

​@@Bobisnotcool no, ftx was fraudulent. This card isn't fraud (though it says a lot about society)

[@sufferedlearnedchanged]

@@Potheadmcgee14 Are you stupid or something? If you would schill one product without doing research about it. You would absolutely schill another product without doing research. They don't have to be the same. 🤦🏻‍♂️

[@danieldimitri6133]

Rich people can be so frivolous for status and frugal at the same time.

[@jakehays8926]

YES

[@fahed2544]

It’s not about the difference in money about the fee, it’s the element of disrespect that bothered people

[@jamesticknor1134]

Business Idea: Get $10M. Get palladium card. Order replacement cards constantly. Profit.

[@JohnAdams-fm4gt]

Why would you get replacement cards?😊

[@mybrassmonkey]

Paying extra so you can borrow money and pay interest on it is the most American thing I’ve heard today.

[@josh3804]

I feel like ive seen this before?? 🤔

[@etiosaosa592]

Me too!

[@whaddupcuz5008]

It’s a new updated card

[@architecture.w]

No big surprise. Private banking requires $10m liquid, exclusive of real estate.

[@AlexAugustinex]

Yes, the millionaires are gonna be worried about that huuuuge $145 difference. They are gonna cut there evening snack once a year to make up for it.

[@theiviachine]

Rich people don’t pay annual fees..

[@emanuelsosa6037]

I fr see this card everyday while working at a Chick-fil-A in the hills

[@bean2636]

Ong?

[@thisisname1178]

honestly having a credit card made of palladium is so big of a flex, it is probably still worth it.

[@joeashbubemma]

And this is why they have $10M.

[@keilongeorge6027]

🎯🎯🎯 and the best comment award goes to. Well said

[@themountainwolf2096]

If I saved $100 a year it wouldn’t make me a millionaire but if this guy does it it’s the reason he’s a millionaire😭

[@baddriversofthenorcalarea500]

No, they have $10M because they were either born into a rich family, or made their money by screwing over other people. There are no honest multimillionaires.

[@brendan7704]

This is not accurate. There are two major differences: the JPM card does not report to the credit bureau and it also has a 3X spend limit, something the Sapphire Reserve doesn’t have.

[@01linkitewolf]

I can't remember what the background song is and I can't get it out of my head

[@falconpunch006]

The song is Reflections by Toshifumi Hinata

[@PhantomCheddar]

i love that chase tidbit. extremely rare, ultimately inconsequential common peoples’ banking W

[@matias22tk]

I used to work in retail and a lady would always use that card. She drove a Bentley, fur coats, gadgets and very humble. We laughed and she'd flag down me to make small talk, kids, wife, economy etc. She would only tip me $5 though. Meh.

[@nikhilpaleti3872]

I don't even think, for once, that even one of those customers is complaining about 450 vs 595$ annual fee. They probably make up the entire 595 in one day with their 10 mil investments

[@Overcast_Plague]

Exactly im making like 300-500 a day with my investments and i only have 20k imagine 10 million that’s pocket change for them

[@minnow1337]

@@Overcast_Plague you cannot be stuck at 20k doing those numbers consistently. Cap

[@ljss6805]

Only new and silly money gets that kind of card. All the seriously rich people I know have regular credit cards from small banks with no annual fees and no gimmicks.

[@livephysiology]

What happens if someone takes out a few million on the card, and then doesn't have the money for the bill next month? Is there a minimum payment? How would THAT affect your credit score?

[@zerad3307]

Well you definitely won't get those card if your bank account doesn't have 10 million. Did you think they would just gave you a palladium card if you are not rich?

[@westonpape3343]

Y’all can’t take money off credit cards debit cards yes but credit cards no

[@josephpietrzak2976]

@@westonpape3343 bro idk how many CC’s you have but you can definitely pull out cash at atms. I have a 10k limit on my BofA CC and can cash advance up to 3,500 straight from the atm. So if you have a 1,000,000 limit you can easily cash advance 100-200k.

[@ronburgundy4375]

Badly

[@JJNvrz]

@@josephpietrzak2976 haha bofa

[@noelbray1975]

They could care less about the 145 difference. What they care about is now the exclusive 1000 people in the world are not so exclusive anymore. Millions of people have the same saphire

[@kzendo6542]

I think it’s more super rich people being upset that poor/middle-class people get the same benefits as them

[@sagoaustin]

The point is the bank is not your friend and doesn't care about its consumers

[@IvanPlayStation4LiFe]

I have the American Express Platinum it has a annual fee of $700.

[@kooskoos8181]

The fee used to be $300, didn't it? I worked for them 10 years ago and always wanted one, but nobody accepts Amex in Canada for the most part.

[@g43654]

Lucky for you, in Australia we pay $1450 a year.

[@XFizzlepop-Berrytwist]

@@g43654 Why? Who the hell is buying these cards?! Are they made of gold?!

[@gsc0305]

@@g43654that’s about $950 US dollar

[@knowledgek8459]

This guy is incorrect. The closest card to the JPM Palladium Card was the JPM Ritz Carlton Card (discontinued). That card was just as heavy and easier to obtain. I’m grandfathered in on that card and my annual fee is $395 with a 115k credit line. Annual fee pays for itself with all the perks.

[@CensoredMercy]

That yearly difference will break their banks (everyone else pays for their card benefits that far exceed that amount)

[@coniccinoc]

Yesterday, I had lunch with a couple of very wealthy people, both were retired presidents of a company I also retired from. They were asking about beer specials and I was thinking, how about you drink whatever you want. Both btw are awesome people, great tippers and I am fortunate to have had that opportunity.

[@deadlys2009]

Our wedding ring is made of palladium. I didn’t know that it’s such a rare metal. It was cheaper than platinum.

[@2ndhk552]

What about the FTX people you screwed

[@notapplicable4567]

What? What did he do?

[@Andrew-nu8ez]

It's like saying a Rolex is the same as an Omega watch. It's kinda the same but people LOOK at it differently. 😂😂😂

[@osvaldokim9768]

So, millionares getting upset for a 20 dollars difference? Really?

[@sirbxnny]

not really, they think since you need to be extremely rich to even be in the conversation of who can apply for this card, they see it as much more than a card that some random 9-5 guy can apply for and get the same benefits. oh and it’s made of palladium 😂

[@braxtongarner3843]

My parents use this card regularly and I can tell you based off what I’ve been told it’s worth every cent.

[@anejanej517]

I just cant imagine a person w 10 mil chilling in the bank being upset ab a 150/month fee diff😂😂

[@tristinbelt7849]

A multi millionaire is upset over a single dinner fee a year?

[@skilz5698]

Absolutely. You don't get rich by spending your money

[@XFizzlepop-Berrytwist]

@@skilz5698 ​​⁠ Well… I’d think if they had 10 million, they wouldnt need to pay 500-600$ a year for a credit card?

[@BigPanda096]

I remember my grandpa getting so fucking mad when Chase Sapphire came around and I never understood why he was so mad.

[@bobbyjonas2323]

Awesome! I want one!

[@vedarovski4110]

So, banks also trick their rich customers. That's a win for me.

[@CaIeb1]

if you got 10 million dollars in the bank and youre mad about 100 dollars a year, God help your soul

[@sambhavjain2641]

It is not about $100. It’s about the exclusiveness of the card. With sapphire reserve getting introduced more people have access to similar perks to that of people having the limited edition palladium card and moreover even for a lesser annual fee. That would obviously piss off the elite and powerfull.

[@confirmhandle]

This is a very narrow-minded comment they shouldn't be charging a 10 million dollar customer any fee at all

[@rogermccaslin5963]

My credit card doesn't charge fee, and it has some perks like cash back and travel discounts. It's kinda silvery too. I guess I'm ahead of those goofballs that are paying for their cards.

[@XFizzlepop-Berrytwist]

⁠ Well… I’d think if they had 10 million, they wouldnt need to pay 500-600$ a year for a credit card?

[@ElTestok]

I see all the comments mentioning the very small difference in fees compared to 10mil in assets. In that scenario, $145 bucks isn't a lot in comparison. I get it, but I think it may be more of a Principle thing.

[@hobk4g14]

Sapphire is a great card! Cuts up cocaine MUCH better than my plastic CCs.

[@libertas_americana]

Type of cards JP Morgan gave to Epstein.

[@ryanthrives5152]

That’s obnoxious. It goes to show that banks are ripping off customers and can definitely reverse that overdraft fee. Hell, write off bad credit card debt too. f*** em

[@RK_Insanityy]

Imagine getting upset for having a difference in your premium of only $145😂

[@ghostysgambit4600]

Imagine being mad about the fee when you have a card you can only get if you have a minimum of 10 million in the bank

[@ll9566]

Except they don't have 10 mill in the bank. They have 10 mill in assets. Not the same thing my guy.

[@AllenHanPR]

If you worked retail. You tend to see all sorts of cards.

[@macgyvernetwork1437]

Chase be stealing catalytic converters for all that palladium

[@e.t.calledme]

...never really knew much about my Uncle Al's finances, until one day, at a Cadillac dealership, (after looking at some models) he whipped out his wallet and handed the guy a black American Express Centurion card and said, "Charge it." Surprised me! twue thang 😎

[@averagelifter]

When I used my palladium card, the waitress took it as a tip and sold it to the pawn shop. 0/10 do not recommend getting this card.

[@ryanatkinson2281]

I would love to be that rich and turn down the invite with a return letter that read “No thanks, this is stupid”

[@senhalil]

A guy I know was devastated by this $145/year injustice!!!

[@NTom1019]

Nothing funnier then fees to have a card to be allowed to have debt with ridiculous interest rates.....

[@TheBBQify]

Problems I'll never have to worry about

[@MrLeoLian]

Graham I love your videos and they have educated me immensely on the matter of finance. But why do your videos always like they were some old recordings from the 2000s😂

[@wiqven]

all these people complaining about a $145 year difference is why youre in your current financial situation

[@BentleyH2]

“Has anyone seen my credit card?”

[@adventsociety5382]

they keep asking me to upgrade i say no everytime

[@eivis13]

Still easier than to find a non crashed S13

[@cloutsteezo2269]

If you have that much money. 150ish dollar difference isn’t something they worry about…

[@francisphillipeck4272]

Imagine how bad they are getting over on you if they can just GIVE you a $1000 card.

[@TheRealWilliamm]

Gram the FaceTune or whatever on this is crazy , chill bro 😂😂

[@anthonygonzalez7850]

Flexing without flexing😂😂😂

[@joshjay4392]

Just what we need more credit cards

[@Sw00shTV]

$10 million minus $1 isn’t $10 million anymore

[@eliasstrandell]

Graham lowkey flexing about his 10+ mill in the bank😂

[@warionsjetix1]

Bro discretly flexing having both cards to show in the video lol 😂🔥

[@IntenseMindofMiguel]

I love this song! Nothing greater than classic string instrument music

[@peterzero-fp4ni]

know the name?

[@keilongeorge6027]

The Sapphire Reserve is now $595 annual fee. But definitely worth it value wise if you travel a lot. It’s my most used card right now.

[@chickenj90]

Lmao alright man

[@StevenSoto]

$550

[@keilongeorge6027]

@@StevenSoto your right just checked

[@StevenSoto]

@@keilongeorge6027 You will go places remaining humble. Someone else would have started an argument.

[@StevenSoto]

@@keilongeorge6027 Take advantage of it all, the Global Entry or TSA Precheck. Priority Pass. Book your trips through Ultimate Rewards. Hotel stays or car rentals booked through Ultimate Rewards earn you 10x points.

[@airplanegobrr]

You know what else is invite only That f****** webcam quality bro

[@khaus2763]

private bank of england card is the most elite. you are able to make 10 figure purchases with no hastle

[@yonko5220]

Palladium significantly increases the risk for cancer

[@cycomew8581]

I would put the money in the bank to get the card just to close it after a month and take everything out so I could piss them off for all they have put me through.

[@cryptoknight3009]

To be fair chase needed to make the sapphire cuz it wouldn't keep up to it's competitors

[@DicertoC]

I highly doubt millionaires giving a damn about a $600 annual card payment.

[@Ink30]

Being Worth 40 million I'm worried about 3$ being wasted 😔

[@No-day-off]

not even close to 100k-naires but applying for one of the cards with annual fee collecting signup bonus is def worth doing it. But good credit score is required and 0 balance on other cards if you have any.

[@cyphi1]

I wonder if the cards actually have value. imagining rich people take their expired cards to the jeweler/pawn shop to get cash.

[@rustyshackleford9017]

bruyh addyng y's to paladium is hilaryous

[@SDeww]

why do they charge you a $450 dollar feel to use the card??, you have $10M dollar on that account the bank uses to invest and make money from

[@abonynge]

I sell wine to a lady who uses one of these. She acts like a total snob and casually insults the idea of people buying spirits, "Liquor is for alcoholics and laborers." The case of wine she buys *every week* costs less than a bottle of Jack Daniels No. 27

[@FitchTV]

anyone with a palladium card probably already has enough cash on hand to never actually use that card. ironic

[@matthewrowley9679]

I don't understand why people would pay a yearly fee to just have a card

[@hilly5488]

Soooo. One group of insanely rich people pays few bucks more. Thanks for the amazing content

[@MrKeefelm]

I mean if the card itself is worth 800 dollars who at that level of wealth honestly gives a crap about 145 dollar difference in annual fees?!!

[@brysonflorez412]

figured out why all the catalytic converters have been getting stolen lately

[@ObservationofLimits]

Imagine paying a fee so you can pay interest at sky high rates

[@ryannguyen7466]

Can't believe a guy on internet just make a video calling me poor

[@siniister710]

complaining about an extra $145 annual fee on a $10 mil card is wild to me

[@dumdum5520]

Millionaires fretting over a $100 a month difference is like fortnite kids complaining about how rare skins are sold in the item shop 😂 especially that one ghoul skin w/e its called lol

[@sarahdavidtacy5098]

Richies up in arms about $195 different in annual fee meanwhile we can’t pay down student debt to save our asses. SMH

[@no-Zbee]

Millionaires trying not to complain challenge (impossible)

[@brightmane5971]

So some rich people are pissed because they have to pay more than everybody else

[@onlyone9893]

Absolutely insane

[@User-ry1wj]

When the card expires, they take it to a special recycle center for wich you have to pay an adittional 1000 dollara and order another one for the same price.😃

[@dark12ain]

They require 10 mill in assets so if you decide to run off with the bread or spend it stupidly they can just take that 10 mill in assets