Originally Posted by progapanda

Morgan Stanley appears to have relaunched its Premier Cash Management Program as "CashPlus". Among the benefits for a Platinum CashPlus account is a $550 Platinum annual fee reimbursement. The minimum requirements for a fee-free Platinum CashPlus account appear to be $25,000 deposit in the sweep fund (which appears to yield 1.25%) and a $5,000 monthly direct deposit. This appears to be a pretty compelling option and a strong competitor to other brokerages' cash management accounts.

https://www.morganstanley.com/what-w...ement/cashplus

Any one else considering this? I'd potentially consider moving my Fidelity Cash Management account to Morgan Stanley for a fee-free Amex Platinum and slightly (~0.15%) less in cash yields.