FlyerTalk Forums - View Single Post - Morgan Stanley American Express Platinum Card (2022-2025)

Dec 4, 2022 | 7:04 pm

#295

samwell

Join Date: Jun 2022

Posts: 8

Quote:

Originally Posted by SpaethCo

Tax Year 2022 is the first year MS clients would have paid the $695 Amex annual fee and received a $695 bonus.

The previous annual fee of $550 was below the IRS mandatory reporting threshold, and most of the people posting here who signed up after the summer 2021 fee increase wouldn’t have received the bonus in year 1. (Existing platinum card holders didn’t start paying the new higher fee until 2022 as well)

I suspect quite a few people will be surprised when they get a 1099-MISC early next year.

Afaik, this won't apply to those simply paying the $55 x 12, since the engagement bonus is negated by that monthly fee such that there is only $35 net positive.

DP @ flyertalk.com/forum/34601642-post168.html

Last edited by samwell; Dec 5, 2022 at 9:39 pm