While we’ve seen some incredible Platinum card offers over the past couple of years, I can’t recall a time we’ve ever seen the offer on a co-branded Platinum card eclipse the “standard” offer on the “vanilla” Platinum card (When I say “co-branded Platinum” cards, I am talking about cards like the Morgan Stanley version or the Charles Schwab version or previous co-brands that no longer exist). If you have your eyes set on the Morgan Stanley version (
and particularly if the news about the Access Investing angle has you considering it sooner rather than later as pointed out in the comments below, Access Investing is no longer available for new users), this is certainly good news to see.
The Offer & Key Card Details
|Card Offer and Details|
80K after $6K spend in first 6 months. Terms apply. (Rates & Fees)$695 Annual Fee
Information about this card has been collected independently by Frequent Miler. The issuer did not provide the details, nor is it responsible for their accuracy.
Recent better offer: 125K points after 6k spend [Expired 1/20/23]
FM Mini Review: In my opinion, this is the best of the consumer Amex Platinum cards when you need two cards thanks to Morgan Stanley offering one free authorized user. Unfortunately you do need to have a Morgan Stanley account to apply.
Earning rate: ⚬ 5X points for flights booked directly with airlines or with American Express Travel ⚬ 5X prepaid hotels booked with American Express Travel
Card Type: Amex Pay Over Time Card
Big spend bonus: $500 after $100K cardmember year spend
Noteworthy perks: This card includes all of the great perks that come with the American Express Platinum Card, plus: ⚬ 1 Free Authorized User ⚬ Redeem points for 1 cent each into your Morgage Stanley account ⚬ $695 Annual Engagement Bonus for Reserved Clients
See also: Amex Platinum Guide
For many months now, we have listed referral offers for the “vanilla” Platinum card that eclipse the offers advertised by most sites (we’ve been using links for the current offer from readers who have shared them in our Frequent Miler Insiders group since the best current offer has only been available via referral and only some people have the links to generate it). However, the “standard” offer on the vanilla Platinum card has been 100K points after $6K in purchases in the first 3 months for some time now. It is quite a surprise to see the Morgan Stanley version offering more points as I can’t think of a time when the offer on the co-branded Platinum cards (i.e. Morgan Stanley, Schwab, or the no-longer-available Ameriprise or Mercedes-Benz Platinum cards) have ever been higher than the standard Platinum card offer.
The timing here makes this especially interesting for many. Keep in mind that you are eligible to receive the welcome bonus on each flavor of the Platinum card one time — so if you have had the “vanilla” version or the Schwab version but not the Morgan Stanley version, you can still get this bonus.
A key reason why many like this card is because of the fact that the Morgan Stanley card offers one Platinum authorized user (who receives Platinum card perks like Centurion Lounge access, Delta SkyClub access when flying Delta, and various elite status perks) for free. Furthermore, it is possible to get an annual relationship bonus that helps mitigate the annual fee. See: Morgan Stanley Platinum Card Fee Free (how to earn the $695 Annual Engagement Bonus).
Again, the timing here is spectacular for those who wanted to get in on Access Investing before 12/1/22 and the bonus is quite respectable. Combined with the card’s perks, it is easy to come out ahead in the first year. Apart from the offers Amex ran last year that included additional points for dining or small business spend, I think this is the best offer we’ve ever seen for the Morgan Stanley version of this card.