According to a rumor Chase is planning to launch a new premium personal and business card by year’s end. The project internally is known as project emerald and it’s believed to be tailored towards Chase Private Clients (CPC).
You normally need $150,000 in funds held with Chase to qualify for CPC status with Chase, although in the past some bankers have had the ability to waive this. At one stage holding CPC status actually bypassed the 5/24 rule as well.
It will be interesting to see if this card (or cards) will offer better benefits than the Chase Sapphire Reserve or if Chase goes down the ‘status’ route like American Express does with the Centurion card.
The reader that shared the rumor has provided reliable information in the past, but as always this is only a rumor.