150K points 150K after $8K spend in 6 months. Terms apply.$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 after $6K in the first 6 months + 15x when you Shop Small in the US and at restaurants worldwide on up to $25K in eligible purchases in the first 6 months [Expired 1/20/22] |
150K points 150K points after $15K spend in the first 3 months. Terms apply. ( Rates & Fees) $695 Annual FeeInformation about this card has been collected independently by Frequent Miler. The issuer did not provide the details, nor is it responsible for their accuracy. |
90K points 90K points after $4K in purchases in the first 6 months. Terms apply. ( Rates & Fees) $250 Annual FeeInformation 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: 90K after $4K in the first 6 months + 20% back at restaurants for the first 12 months up to $250 back [Expired 6/8/22] |
80K points 80K after $6K spend in first 6 months. Terms apply. ( Rates & Fees) $695 Annual FeeThis card is only available to clients that maintain an eligible Schwab brokerage account. 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: 100K points + 10x when you Shop Small in the US & at restaurants worldwide [Expired 1/20/22] |
80K Points 80K after $6K spend in first 6 months. Terms apply. ( Rates & Fees) $695 Annual FeeInformation 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] |
70K Points 70K points after $10K spend in 3 months. Terms apply. ( Rates & Fees) $295 Annual Fee |
40K Points 40K after $3K spend in first 6 months. Terms apply. See Rates & Fees$150 Annual FeeInformation 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: 60K after $3K spend in first 6 months + 20% off travel and transit purchases for first 6 months. [Expired 8/21/23] |
10K Points 10K after $1K spend in 3 months. Terms apply.No 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. |
15K Points 15K after $1K spend in 3 months. Terms apply.$95 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: 30K after $2K in first 3 months |
15K points 15K points after $3K spend in first 3 months. Terms & limitations apply. $95 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. |
0% APR for 12 months 0.0% intro APR on purchases for 12 months from the date of account opening, then a variable rate, 18.49% - 26.49%, based on your creditworthiness and other factors at account opening. ( Rates & Fees) No Annual Fee |
This card is no longer available for new applications No 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. |
None This card is no longer available.No 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: None |
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. |
This card is no longer available for new applications
(Offer Expires 12/31/2099)$0 introductory annual fee for the first year, then $175
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. |
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. |
I have had the Morgan Stanley version for some years and want to keep it for the Travel insurance including repatriation if needed.
I got the card by opening a Morgan Stanley brokerage account with $5000 (this is NOT self-directed and so they take a fee but the return has been not as terrible as I had expected. In addition I had to have a cash savings account with $25,000minimum that earns almost 0% interest to get them to refund my annual fee of $695 on the card.
Now that interest rates are substantially higher the opportunity cost is a lot more than the $695 annual fee.
Does anyone know if I can just close the Morgan Stanley accounts and invest the $30,000+ elsewhere and still keep the Amex Platinum card or will Amex close my account? I can now get $1500 interest (FDIC insured but taxable) for that amount of money.
BTW, the $695 refund from Morgan Stanley is now taxable as they are sending a 1099-OID since last year.
Any answers?
I don’t know the answer
You might want to try asking in our Frequent Miler Insiders Facebook group. I imagine someone there has been in this situation before.
Thanks Nick. I think I can safely reduce the Cah account to $1 and they will bill me $55 per month … still better than losing interest on $25,000.
Bad news: The Morgan Stanley Engagement Bonus (refund of the $695 AMEX fee) is now taxable !!
So, keeping the $25,000 in the cash account with virtually zero interest and the $5,000+ in the access investing is now becoming less and less appealing. $25K invested in a savings account should get at least 3.5% (even Capital One is 3.3%).
Interestingly, the Access Investing where I expected to lose money is actually doing OK.
Seems like the 125k offer has expired.
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