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)
May 31, 2012, 7:03 am
#31
Join Date: Nov 2009
Location: IAH
Programs: SPG Plat, Hyatt Plat, HHonors Gold
Posts: 332
Also, additional cardholders don't get their own $200 airline fee reimbursement. There's only one $200 reimbursement per account.
May 31, 2012, 10:17 pm
#32
Join Date: Feb 2004
Location: Seattle
Programs: United 1P, Alaska MVPG 75K, Hyatt Daimond
Posts: 428
Yes they do. Well, I honestly don't know if they get a Priority Pass Select, but I know they'll get regular access to AA and US lounges so long as they're traveling on AA or US that day.
Also, additional cardholders don't get their own $200 airline fee reimbursement. There's only one $200 reimbursement per account.
Also, additional cardholders don't get their own $200 airline fee reimbursement. There's only one $200 reimbursement per account.
Jul 26, 2013, 10:49 pm
#34
Join Date: Apr 2001
Location: Cupertino, CA - AA:PLT 2MM; Marriott:Plt; Hilton:Slv
Posts: 562
Disappointed with my Platinum "welcome package"
I finally pulled the trigger and got the Morgan Stanley Platinum Card. I must say, I was hoping for something a bit more than a nondescript envelope with two cards and printed terms and conditions. There is very little to even tell me what my benefits are (although I know I can figure it out). For example, there is nothing to even mention FHR or how to book hotels, what benefits are, etc.
Also, nothing even mentioning Priority Pass...I mean geesh, how do they expect you to know what to do? How do I apply for my Priority Pass membership?
Is this the standard "welcome package"? Where can I see all the exact benefits and related terms??
Also, nothing even mentioning Priority Pass...I mean geesh, how do they expect you to know what to do? How do I apply for my Priority Pass membership?
Is this the standard "welcome package"? Where can I see all the exact benefits and related terms??
Jul 26, 2013, 10:51 pm
#35
Suspended
Join Date: Jan 2013
Location: LAX/SNA
Programs: AA, Hilton Gold
Posts: 3,887
Did you open the JP Morgan Palladium card or the American Express Platinum card? The are two different products. One is offered by Chase, the other by Amex.
Jul 26, 2013, 10:59 pm
#36
Join Date: Jul 2013
Posts: 91
He got the AMEX Plat by MS. I'm assuming it's this one on the right:
https://www262.americanexpress.com/d.../api/MS/1000/2
While it looks similar to the normal AMEX plat card, I'm not surprised that it's welcome package is different just because Morgan Stanley is on it as a co-brand. Plus I think the only difference from this one vs the normal plat card is the complimentary additional card.
https://www262.americanexpress.com/d.../api/MS/1000/2
While it looks similar to the normal AMEX plat card, I'm not surprised that it's welcome package is different just because Morgan Stanley is on it as a co-brand. Plus I think the only difference from this one vs the normal plat card is the complimentary additional card.
Jul 26, 2013, 11:01 pm
#37
Suspended
Join Date: Jan 2013
Location: LAX/SNA
Programs: AA, Hilton Gold
Posts: 3,887
He got the AMEX Plat by MS. I'm assuming it's this one on the right:
https://www262.americanexpress.com/d.../api/MS/1000/2
While it looks similar to the normal AMEX plat card, I'm not surprised that it's welcome package is different just because Morgan Stanley is on it as a co-brand.
https://www262.americanexpress.com/d.../api/MS/1000/2
While it looks similar to the normal AMEX plat card, I'm not surprised that it's welcome package is different just because Morgan Stanley is on it as a co-brand.
Jul 27, 2013, 7:04 am
#38
Moderator
Join Date: Jun 2003
Location: Miami, Mpls & London
Programs: AA & Marriott Perpetual Platinum; DL & HH Gold
Posts: 48,954
My guess, and it is only a guess, is that the cards are mailed separately from the welcome package because they come from different places.
Jul 27, 2013, 10:48 am
#39
Join Date: Apr 2001
Location: Cupertino, CA - AA:PLT 2MM; Marriott:Plt; Hilton:Slv
Posts: 562
Fingers crossed...still have no idea how to get the FHR and Priority Pass bennies.
Jul 28, 2013, 7:59 am
#40
Join Date: Nov 2005
Posts: 218
Has anyone gotten this card without a Morgan Stanley account? The extra card feature would be great for my wife.
Jul 28, 2013, 9:23 am
#41
Join Date: Oct 2008
Location: New York, NY
Programs: Hilton, Hyatt, Marriott
Posts: 241
For Priority Pass, additional cardholders have to call to get enrolled. They cannot do so online. It's a great deal.
Last edited by islandguy84; Jul 28, 2013 at 9:29 am
Jul 29, 2013, 7:25 am
#42
Moderator
Join Date: Jun 2003
Location: Miami, Mpls & London
Programs: AA & Marriott Perpetual Platinum; DL & HH Gold
Posts: 48,954
Jul 29, 2013, 12:21 pm
#43
Join Date: May 2006
Location: New York, London, Sydney
Programs: United GS/2MM, DL*P, VS*G, AA*EXP, Avis CHM, Hertz Platinum, Sixt*D, HH*D, HGP*P, Starwood*P
Posts: 9,847
Jul 29, 2013, 5:14 pm
#44
Join Date: Nov 2005
Posts: 218
Is there anyway to do it online? and what is the minimum amount you need to put in the account? I thought you needed to invest with a financial adviser. If you could point me in the right direction I would really appreciate it. Thanks in advance.
Jul 30, 2013, 4:08 pm
#45
Join Date: Jan 2012
Posts: 113
I've been wondering about this as well. I couldn't find a simple way to do it online and when I contacted a local advisor via email there was no reply. Didn't pursue it further.