Aug 1, 2021, 12:53 pm
Last edit by: Dr Jabadski
Note: If you don't have a qualifying investment account, or if your only investment account is an Access Investing account, there is no longer an Engagement Bonus in the first year of having the CashPlus Platinum account.
Recommended step-by-step guide if goal is MS AmEx Platinum card with bonus and effectively no annual fee as of 8/1/21:
- Open MS Access Investing account (to establish the MS relationship) using online application with $5,000.
- Wait a few days.
- Open Platinum CashPlus account (requires existing MS relationship), must be opened by phone or through an advisor, cannot be done online.
- Fund Platinum CashPlus account with $25K.
- Wait a few days.
- Confirm CashPlus account's Account Fee Status page shows “Morgan Stanley Investment Relationship = Yes”.
- Apply for MS AmEx Platinum Card via the link that shows up in the CashPlus account once it's open.
- $5,000 monthly deposit or Social Security deposit in any amount and $25,000 Average Daily Cash Balance in the Bank Deposit Program to avoid Platinum CashPlus Monthly Account Fee.
- Meet minimum spending requirement on the AmEx Platinum card, as of 8/1/21: $6,000 within 6 months to receive sign-up bonus.
- Confirm $695 Annual Engagement Bonus posts to Platinum CashPlus account approximately 6 weeks after credit card approval. (As of 8/1/21, considerable discussion as to whether the FIRST Annual Engagement Bonus is paid within first few months of credit card account opening or at about 1 year after credit card account opening.)
- $1,000+ yearly spending requirement on the AmEx Platinum card needed to avoid having to pay taxes on the Engagement Bonus. (This language was removed from the disclosure statement after the Engagement Bonus was increased to $695.)
- Enjoy the sign-up bonus and all other AmEx Plat perks, don’t eat or drink too much
.
Notes:
All accounts can be opened the same day, best to wait a few days between account openings/applications to ensure each successive account is fully integrated into MS systems to avoid problems.
Few or no reports of MS AmEx Platinum credit card applications being declined for people with Access Investing and Platinum CashPlus accounts, seems once that MS relationship has been established, credit card approval is almost automatic.
The credit card will count toward Chase’s 5/24.
Premier CashPlus not eligible for $695 Annual Engagement Bonus for the MS AmEx Platinum Card.
MS launched Access Investing in December 2017, launched CashPlus in January 2020.
… I’m uncertain as to the requirements and procedures for a thread to have a Wiki(post). As with the New Platinum Card: To-Do List thread, might this thread qualify for a Wiki? Okay mia, you’re on. (Disclaimer: I have never applied for any of these MS accounts ... but I did stay at a Holiday Inn Express once 
.)
.) - Open MS Access Investing account (to establish the MS relationship) using online application with $5,000.
- Wait a few days.
- Open Platinum CashPlus account (requires existing MS relationship), must be opened by phone or through an advisor, cannot be done online.
- Fund Platinum CashPlus account with $25K.
- Wait a few days.
- Confirm CashPlus account's Account Fee Status page shows “Morgan Stanley Investment Relationship = Yes”.
- Apply for MS AmEx Platinum Card via the link that shows up in the CashPlus account once it's open.
- $5,000 monthly deposit or Social Security deposit in any amount and $25,000 Average Daily Cash Balance in the Bank Deposit Program to avoid Platinum CashPlus Monthly Account Fee.
- Meet minimum spending requirement on the AmEx Platinum card, as of 8/1/21: $6,000 within 6 months to receive sign-up bonus.
- Confirm $695 Annual Engagement Bonus posts to Platinum CashPlus account approximately 6 weeks after credit card approval. (As of 8/1/21, considerable discussion as to whether the FIRST Annual Engagement Bonus is paid within first few months of credit card account opening or at about 1 year after credit card account opening.)
- Enjoy the sign-up bonus and all other AmEx Plat perks, don’t eat or drink too much
. Notes:
All accounts can be opened the same day, best to wait a few days between account openings/applications to ensure each successive account is fully integrated into MS systems to avoid problems.
Few or no reports of MS AmEx Platinum credit card applications being declined for people with Access Investing and Platinum CashPlus accounts, seems once that MS relationship has been established, credit card approval is almost automatic.
The credit card will count toward Chase’s 5/24.
Premier CashPlus not eligible for $695 Annual Engagement Bonus for the MS AmEx Platinum Card.
MS launched Access Investing in December 2017, launched CashPlus in January 2020.
Morgan Stanley American Express Platinum Card (2012 - 2021)
Aug 6, 2014, 12:03 pm
#76
Join Date: Sep 2005
Location: SEA
Programs: DL, SPG, UA.
Posts: 230
Mine are pooled with the rest of my MR from other cards into one single MR account. I had an MR account before adding the MS card.
Nov 6, 2014, 8:38 am
#77
Join Date: May 2014
Posts: 163
amex
Just got approved for the Amex Plat with a 656 Exp score, thrilled to bits. Guess the Brokerage account helped.
Nov 6, 2014, 2:01 pm
#78
Join Date: Jan 2014
Posts: 148
churn?
am i reading the terms correctly -- it seems there is no limitation if you've had other Pt cards previously? Thinking about dumping my MB card for this and would it mean i'll get the 50K signup bonus?
OFFER TERMS
50,000 Points
To qualify for 50,000 points, you must make purchases on your Platinum Card from American Express exclusively for Morgan Stanley Account that total $1,000 or more within your first three months of Card Membership starting from the date your account is approved. 50,000 points will be credited to your Membership Rewards® program account 6-8 weeks after you meet the spend requirement. Limit one offer per Card Account. Cash advances, balance transfers, fees or interest charges, purchases of traveler's checks, purchases or reloading of prepaid cards or purchases of other cash equivalents do not apply towards the spend requirement. To receive the bonus points, account must be active, in good standing, and not in default at the time the bonus points are posted to your account. Terms and Conditions for the Membership Rewards® program terms apply. Visit membershiprewards.com/terms or call 1-800-AXP-EARN (297-3276) for more information. Participating partners and available rewards are subject to change without notice. American Express reserves the right to modify or revoke offer at any time. In rare instances, your period to spend $1,000 may be shorter 3 months if there is a delay in mailing your Card. Also, purchases may fall outside of the 3 month period in some cases, such as a delay in merchants submitting transactions to us or if the purchase date differs from the date you made the transaction. (For example, if you buy goods online, the purchase date may be the date the goods are shipped). For questions regarding your Card account, please call the number on the back of your Card.
Basic Card Annual Fee
The annual fee for the Platinum Card® from American Express exclusively for Morgan Stanley is $450. Foreign Transaction Fee: None
OFFER TERMS
50,000 Points
To qualify for 50,000 points, you must make purchases on your Platinum Card from American Express exclusively for Morgan Stanley Account that total $1,000 or more within your first three months of Card Membership starting from the date your account is approved. 50,000 points will be credited to your Membership Rewards® program account 6-8 weeks after you meet the spend requirement. Limit one offer per Card Account. Cash advances, balance transfers, fees or interest charges, purchases of traveler's checks, purchases or reloading of prepaid cards or purchases of other cash equivalents do not apply towards the spend requirement. To receive the bonus points, account must be active, in good standing, and not in default at the time the bonus points are posted to your account. Terms and Conditions for the Membership Rewards® program terms apply. Visit membershiprewards.com/terms or call 1-800-AXP-EARN (297-3276) for more information. Participating partners and available rewards are subject to change without notice. American Express reserves the right to modify or revoke offer at any time. In rare instances, your period to spend $1,000 may be shorter 3 months if there is a delay in mailing your Card. Also, purchases may fall outside of the 3 month period in some cases, such as a delay in merchants submitting transactions to us or if the purchase date differs from the date you made the transaction. (For example, if you buy goods online, the purchase date may be the date the goods are shipped). For questions regarding your Card account, please call the number on the back of your Card.
Basic Card Annual Fee
The annual fee for the Platinum Card® from American Express exclusively for Morgan Stanley is $450. Foreign Transaction Fee: None
Dec 17, 2014, 11:55 pm
#79
Join Date: Dec 2006
Posts: 333
Does anyone know what's the easiest, lowest maintenance, and most basic Morgan Stanley Smith Barney account we can open? It's unfortunate that there's no way to open an MS account online.
Jan 31, 2015, 2:24 am
#80
Join Date: Apr 2014
Posts: 1,772
I just discovered this Morgan Stanley Amex Plat card....
it seems like there is no limit on how many times you can earn the bonus, and the minimum timespan between two bonuses.... and of course, the minimum spend is just 1k.
I have a Morgan Stanley investment account. So this might be worth going for if I can have multiple bonus points by churning. Did anyone receive multiple bonuses by applying (and canceling) this card multiple times?
anyone had experience churning Morgan Stanley platinum card? there is no language in the offer detail specifying any churning restriction....
Does anyone know if this card is churnable? I can't find any churning language in the offer detail of this card....
it seems like there is no limit on how many times you can earn the bonus, and the minimum timespan between two bonuses.... and of course, the minimum spend is just 1k.
I have a Morgan Stanley investment account. So this might be worth going for if I can have multiple bonus points by churning. Did anyone receive multiple bonuses by applying (and canceling) this card multiple times?
anyone had experience churning Morgan Stanley platinum card? there is no language in the offer detail specifying any churning restriction....
Does anyone know if this card is churnable? I can't find any churning language in the offer detail of this card....
Last edited by mia; Mar 20, 2015 at 9:12 pm
Feb 9, 2015, 4:01 pm
#81
Join Date: Feb 2006
Location: Verdi, NV, SFO & Olympic (aka Squaw )Valley.
Programs: Ikon Pass Full + AS Gold + Marriott Titanium + Hilton Gold. Recovering UA Plat. LT lounge AA+DL+UA
Posts: 3,823
Contemplating applying for this card. Most of the previous posts are pretty dated.
•Does anyone know if the $200 airline fee reimbursement + priority pass select + global entry benefits are only available to the primary cardholder?
•Will charges be pulled directly from my account, or can I pay my bill through an alternative account?
•Does anyone know if the $200 airline fee reimbursement + priority pass select + global entry benefits are only available to the primary cardholder?
•Will charges be pulled directly from my account, or can I pay my bill through an alternative account?
Feb 9, 2015, 5:25 pm
#82
Moderator
Join Date: Jun 2003
Location: Miami, Mpls & London
Programs: AA & Marriott Perpetual Platinum; DL & HH Gold
Posts: 48,952
On all variants of the Platinum Card the Airline Fee Reimbursement benefit is $200 per account per year. All cardholders eligible charges count against the annual allowance.
Feb 20, 2015, 6:59 am
#83
Join Date: Feb 2006
Location: Verdi, NV, SFO & Olympic (aka Squaw )Valley.
Programs: Ikon Pass Full + AS Gold + Marriott Titanium + Hilton Gold. Recovering UA Plat. LT lounge AA+DL+UA
Posts: 3,823
For me this is super valuable: my wife does not like it when I leave her outside the lounge, and she can go to the Amex and Delta clubs on her own. Having more boingo devices is helpful too---I really should not admit how many wifi devices live in my briefcase.
Feb 20, 2015, 7:06 am
#84
Moderator
Join Date: Jun 2003
Location: Miami, Mpls & London
Programs: AA & Marriott Perpetual Platinum; DL & HH Gold
Posts: 48,952
Mar 20, 2015, 8:51 pm
#85
Join Date: Apr 2014
Posts: 1,772
I wonder if this will be like the two Morgan Stanley offerings, or something different.
Mar 21, 2015, 4:38 am
#86
Join Date: Oct 2002
Posts: 38
Does anyone know if a Morgan Stanley 401(k) account qualifies for this card? I got a mailing a while back for the card but when I asked my Morgan Stanley advisor about it he said that it didn't. I should have called and asked because this sounded wrong based on the size of our accounts.
Mar 23, 2015, 3:13 am
#87
Join Date: Apr 2014
Posts: 1,772
seems like very few people have information regarding this card?
is this because not that many people apply for this Morgan Stanley branded AMEX card?
is this because not that many people apply for this Morgan Stanley branded AMEX card?
Mar 23, 2015, 7:09 am
#88
Moderator
Join Date: Jun 2003
Location: Miami, Mpls & London
Programs: AA & Marriott Perpetual Platinum; DL & HH Gold
Posts: 48,952
Probably. The requirement to have a Morgan Stanley account limits the pool of potential applicants. Would you really want to discuss with your Morgan Stanley adviser why you cancelled and re-opened the same card several times?
Last edited by mia; Mar 23, 2015 at 7:34 am
Mar 23, 2015, 11:05 am
#89
Join Date: Jul 2013
Posts: 384
Does anyone know if a Morgan Stanley 401(k) account qualifies for this card? I got a mailing a while back for the card but when I asked my Morgan Stanley advisor about it he said that it didn't. I should have called and asked because this sounded wrong based on the size of our accounts.
https://www262.americanexpress.com/d...AskedQuestions
The pool of people considering the Platinum is already small. The subset that qualify for the Morgan Stanley version is even smaller. Consider that this thread is already 3 years old yet only 6 pages long as of this post. The subset that churn would be an even smaller group.
Mar 23, 2015, 11:14 am
#90
Join Date: Apr 2009
Location: TLV
Programs: UA Platinum, Avis Chairman, Marriott Gold, Hilton Gold, GA Pilot
Posts: 3,225
Never heard of this card even though I used to work at Morgan Stanley. My question is, if I cancel my other Amex platinum and open this one, do I get my annual fee prorated back on the other one or do I have to wait until the fee is due on my other one to cancel?