The Platinum Card from American Express Exclusively for Morgan Stanley

Card Details and Application Link
The Platinum Card® from American Express Exclusively for Morgan Stanley
80K Points
80K after $6K spend in first 6 months. Terms apply. (Rates & Fees)
$695 Annual Fee

Click Here to Apply
This is NOT an affiliate link. We always present the best offer even when it means less revenue for Frequent Miler
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
Base: 1X (1.55%)
Travel: 5X (7.75%)
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

Application Tips


Amex Application Tips



  • Safe to Apply: Amex is the safest bank for trying your luck at earning a new welcome bonus offer. They don’t usually issue a hard pull when denying your application, and if you already have an Amex card, they won't usually issue a hard pull when approved for another one. Plus, they’ll now warn you during the application process if you’re not eligible for the bonus.

  • Lifetime Rule: If you've ever had the same card before, you are most likely prohibited from earning a welcome bonus offer for the card if you apply now. Fortunately you'll be warned during the application process if this is the case. Amex is known to "forget" that you've had a card after about 7 years.

  • 90 Day Rule: You can get at most two credit cards within 90 days. This rule does not apply to Pay Over Time (charge) cards.

  • 5 credit card max: Amex usually won't approve applications for new credit cards if you already have 5 or more Amex credit cards or 10 or more charge cards.

  • Better Offers: You may be able to get a better offer than the best available public offer. Details here.

  • Hard inquiries combine into 1 when approved same day


Check application status here.
If denied, call reconsideration: 877-399-3083 (new accountholders); 866-314-0237 (current accountholders)


Related Cards (Membership Rewards)

Card Offer
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 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.
90K points
90K points after $4K in purchases in the first 6 months. Terms apply. (Rates & Fees)
$250 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: 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 Fee
This 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 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]
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 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: 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

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.
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.

$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.

Subscribe
Notify of
guest

This site uses Akismet to reduce spam. Learn how your comment data is processed.

9 Comments
Inline Feedbacks
View all comments
Frank

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.

Frank

Any answers?

Greg The Frequent Miler

I don’t know the answer

Nick Reyes

You might want to try asking in our Frequent Miler Insiders Facebook group. I imagine someone there has been in this situation before.

Frank

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.

Frank

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.

Piyush

Seems like the 125k offer has expired.

[…] the Morgan Stanley $550 Annual Engagement Bonus.  This relationship bonus perfectly offsets the Morgan Stanley Platinum Card’s annual fee.  It appears, though, that you can earn the same $550 each year even if you don’t […]

[…] Avianca LifeMiles is offering a sale on miles through One Mile at a Time with a bonus of up to 145%. That brings the cost per point as low as 1.35 cents per point. What’s more, you’ll earn credit card rewards as though it is airline spend, so you could earn as much as 5x with cards like the Citi Prestige card or the Amex Platinum card. […]