morgan stanley platinum card

I was told today by Amex that wireless and streaming credit only apply to personal Platinum Card and not the co-branded Morgan Stanley, Schwab and Ameriprise Platinum Cards. I had a Schwab Platinum that they closed (incorrectly, but that’s another story). At approximately 7 PM on Monday 12/2/2019, I opened a MS Access Investing account and immediately funded it with a check deposit. [Update 5/1/19: Some people tried getting the card by opening a Morgan Stanley account, but not actually funding it with $5,000. Consider that both users get airport lounge access and elite benefits, and that the primary user has access to $200 per year in airline fee credits plus up to $200 per year in Uber and Uber Eats credits, plus up to $100 per year in Saks Fifth … Receive one statement credit every 4 years after you apply for Global Entry ($100) or every 4.5 years after you apply for TSA PreâÂ® ($85) with an eligible Platinum CardÂ®. Make sure plat is under 1 year old before you cancel. Some may find it interesting to score the sweet 60,000 MR points signup bonus; keep in mind you might be losing a few dollars on the $5,000 investment when compared to other brokerage fees. (You can get the bonus on each Platinum card separately.) American Express Platinum Card® for Morgan Stanley. year as described below, Morgan Stanley Smith. Must be a member of Morgan Stanleyâs Premier Cash Management program, Fee Credit for Global Entry or TSA PreâÂ®, When you apply for and receive your Global Entry or TSA PreâÂ®â¡, not only can you get expedited screening at select airports, but you’ll receive a credit for the application fees on your statement. The Platinum Card from American Express Exclusively for Morgan Stanley Review 2018.7.2 Update: AmEx Platinum now has a new benefit: Saks credit. As far as I know, you still do typically get the signup bonus for each version separately. Morgan Stanley is luring those customers in with the free American Express Platinum Card. Hoping when they run their verification for eligibility, they’ll say to re-qualify with an account or face closure. To qualify for it, you must have an open Morgan Stanley account with at least $5,000 in assets and meet the credit score requirements. It might be the best version because of Morgan Stanley’s new Platinum CashPlus bank account, which offers a $550 Annual Engagement Bonus to cover the entire annual fee on the American Express Morgan Stanley Platinum card. The public offers for the Vanilla, Ameriprise Financial, Charles Schwab, and Morgan Stanley versions of the Platinum card are 60,000 points after $5,000 in spend within the first three months of account opening. We have financial relationships with some of the products and services found on this website, we may be compensated if you choose to utilize any of these links when applying. Each Additional Card on eligible Card accounts is also eligible for one statement credit for an application fee every 4 years for Global Entry and or every 4.5 years for TSA PreâÂ®. As an Amazon Associate I earn from qualifying purchases. Cashed out MR, closed Morgan Stanley account. Morgan Stanley customers can get the card without paying the annual fee as long as they have at least one million dollars in assets and liabilities with the trading firm. Select one qualifying airline and then receive up to $200 in statement credits per calendar year when incidental fees, such as checked bags and in-flight refreshments, are charged by the airline to your Platinum CardÂ® Account. The Platinum Card® from American Express exclusively for Morgan Stanley is issued by American Express National Bank, not Morgan Stanley Smith Barney LLC. There is obviously the hassle of setting up the investment account, the .35% fee, and the $5,000 float which will put off a lot of people, but the option exists. They seem to do periodic checks, so you might get away with it for several months but they’ll eventually close it. The Platinum Card ® from American Express Exclusively for Morgan Stanley provides you frequent travelers with rewards and benefits by simply using the card. To qualify for the Morgan Stanley Platinum, you’ll need a Morgan Stanley account. your Platinum Card from American Express. You are paying 35 basis points (0.35%), but this can be mitigated. Compare. is determined by Morgan Stanley Smith Barney. The card comes with a 60,000 Membership Rewards points signup bonus, and has all the regular Amex Platinum benefits like airline incidental credit, Uber credit, etc, as well as the hefty $550 annual fee. Earn points faster with an Additional Card to your Account for no annual fee. All Other ({{card.card.earning_rate}}%x) We will only recommend the products that we believe are the best fit for you, the consumer. Bank Accounts That Can Be Funded With A Credit Card, List Of Methods Banks Count As Direct Deposits. For example, if I deposit/invest $5k, get an MS Platinum, but then close the MS account a year later, will they close my Amex Platinum or can I keep the charge card? Not sure if this satisfies Amex’s requirement but it is certainly a Morgan Stanley brokerage account and quite similar to Access Investing IMO. Does anyone have any information to contradict this information? your Platinum Card from American Express. That sort of makes sense as Amex is known to claw back bonuses on cards which don’t last a full year.]. Good for airline spending and the perks, but you are probably better off with another card for the rest of your spend. The Platinum Card® from American Express exclusively for Morgan Stanley is issued by American Express National Bank, not Morgan Stanley Smith Barney LLC. Services and rewards for the Cards are provided by either Morgan Stanley Smith Barney LLC, American Express, or other third parties. If Platinum … thanks for the help. Can I still get approved for this card if I recently opened a Morgan Stanley Access Investing Account? Benefits-wise, the Morgan Stanley Platinum card offers all of the same benefits of a standard Platinum while also allowing cardholders to convert MR points to cash at a rate of 1 cent per point. {{card.card.point_currency_name}} per year, ${{ card.card.sign_up_bonus / 100 | number }} Cash Back, {{card.card.sign_up_bonus | number}} points worth ${{ (card.card.sign_up_bonus * card.card.pointValueMultiplier) / 100 | number}}. Up to $20 per month on select U.S. streaming subscriptions, Up to $20 per month on wireless telephone services purchased directly from U.S. service providers. Right now, you can get 60,000 Membership Rewards bonus points after you spend $5,000 in first 3 months of card membership.. On top of that, you will earn 5X Membership Rewards points on flights and hotels as well as 1X points for … View All Savings Products; High Yield Savings (HYSA) Certificates of Deposit (CD) But maybe you’ll have better luck. An additional advantage of the Morgan Stanley version over the others is that they allow one authorized user Platinum card at no additional fees. To keep the card do I need to keep the $5k MS account open and funded indefinitely? Is Opening A Bank Account A Soft Or Hard Pull? Yes. Ikea Visa. The account requires a $5,000 minimum and comes with a .35% fee. [removed]. You can get the sign up benefit for both. The only Morgan Stanley credit card without a foreign transaction fee is the Platinum Card from American Express Exclusively for Morgan Stanley. That’s up to $50 in statement credits from January through June and up to $50 in statement credits from...Read more. Through 12/31/20, you can get up to $40 back per month in statement credits for select streaming subscriptions and wireless phone services through 12/31/20. The next day (Wednesday 12/4) at approximately 12:30 PM, I received notice that the MS AMEX Platinum was approved. Good for airline spending and the perks, but you are probably better off with another card for the rest of your spend. Corporate Platinum Card; Corporate Purchasing Card; Personal Card Annual Credit; Prepaid Cards. American Express offers various flavors of their premium Platinum charge card, one of which is cobranded with the Morgan Stanley investment bank. ymx says: May 4, 2020 at 5:40 pm . Barney shall deposit five hundred dollars ($500) into an eligible brokerage account of yours that. Information about the Goldman Sachs version is not publicly available. exclusively for Morgan Stanley card account. Additional benefits at the Platinum tier include greater ID protection and a $550 "engagement bonus" if you have a Platinum American Express card from Morgan Stanley. Savings & Loans Savings & Loans. year as described below, Morgan Stanley Smith. It’s worth noting that there have been on-and-off rumors of Amex enforcing a one-Platinum-bonus rule across all version, meaning you wouldn’t get the signup bonus if you’ve gotten any Platinum personal bonus before. The Morgan Stanley Platinum card is one of three versions of the American Express Platinum. The Access Investing is the easiest pick given the reasonable requirement of $5,000. One benefit it has over the ordinary Platinum is the ability to cash out points at 1 cent per point (sorry, not 1.25 like Schwab). Account holders also have access to Morgan Stanley Cards from American Express. In the interests of our readers you can find out what shopping portal is offering the best rates on eBay here & Amazon here. “Get up to $100 in statement credits annually for purchases at Saks Fifth Avenue or saks.com on your Platinum Card. Our unmatched worldwide coverage is made possible through our own networks, The CenturionÂ® Lounge and The International American Express lounges, as well as our partner networks, Delta Sky ClubÂ® and Priority PassTM Select lounges. Prepaid Debit Cards; Gift Cards; View All Prepaid & Gift Cards; United States Change Country. Has anyone had any luck getting the clawback reversed? Compare. Morgan Stanley Platinum. If you have a Morgan Stanley account and you’ve done business with them for a long time, do they still do a hard pull on your credit history for their Platinum Card? Morgan Stanley’s best customers will soon be eligible to get the Amex Platinum card‘s $450 annual fee waived. ${{basePointsAmount | number}} Plus get a $20 bonus in December for up to $200 each year. There’s also a separate Amex Morgan Stanley no-annual-fee cobranded card which comes with a 10,000 points signup bonus. Just curious. Enjoy complimentary benefits and competitive rates with each Fine Hotels & Resorts booking at over 1,000 extraordinary properties worldwide. Airline Incidental Fee Credit — [$200] Amex Platinum includes a $200 airline incidental fee credit … If you’re a member of Morgan Stanley’s Premier Cash Management, you may also get an annual credit equivalent to the annual fee. Other Amex Platinum cards charge for adding a Platinum authorized user card, though you can add a non-Platinum authorized user who can use the card without getting the benefits. Restrictions and other limitations apply. Compare. Morgan Stanley Smith Barney LLC reserves the right to change or terminate the Reserved program or partner offers at any time and without notice. Use your Uber Rides with Platinum benefit to enjoy VIP status and $15 each month in Uber Cash for U.S. rides on your Uber account. If you know of a better deal, or disagree with our reasoning please contact us and if appropriate changes will be made. A Dumb Data Point: Got first year bonus, messed up travel credit triple dip using new refundable ticket method. i need an invite to sign up for Schwab $100. equals $100,000 or more during an anniversary. Amex says I can’t convert this card to anything else, and can’t close the account for a refund. The J.P. Morgan Reserve Card was introduced in 2009 and is intended for very high net worth individuals. If the account is closed, I’m assuming they will offer a prorated refund of the fee… not sure but with COVID virus and travel it’s worth it to me. Platinum Delta SkyMiles. I chose another investment advisor so I closed Morgan Stanley about 2 years ago. J.P. Morgan Reserve Card: A unique card without any exclusive benefits. Shake Shack: BOGO Up To $7.98 With Promo Code... [Partial Extension] SoFi Money: Earn 10% Back On... Hyatt: Earn Up To 4x Base Points On Stays (Extended... GetUpside Gas App Review – Get Up To 50¢ Off... A Beginners Guide To Bank Account Bonuses [2020... Best Bank Account Bonuses For December, 2020. This card is highly similar to the regular American Express Platinum card with a few variants. The Platinum Card ® from American Express exclusively for Morgan Stanley. Platinum Delta SkyMiles Business. Schwab Investor Card. We reported a few months ago that Amex was shutting down the accounts of those who did not fund it, offers various flavors of their premium Platinum charge card, cobranded with the Morgan Stanley investment bank, Link to American Express Morgan Stanley cards, Capital One Testing ‘Binding’ Pilot With Virtual Card Numbers (Limit Card To One Merchant), [Targeted] Amex Blue Cash Preferred $150 Upgrade Offer + Waived Annual Fee First Year, Bypass Chase 5/24 Rule On Business Cards With Black Star ‘Just For You’ Offers, Chase Spending Bonuses for United, IHG, Marriott, Ritz, Avios, Hyatt Cards (January – March), American Express Business Gold 60,000 Points Signup (Available Via Referral Link), [Targeted] American Express Business Platinum 100,000 Point Offer, No Lifetime Language. Bank of America 24. To receive the statement credit, the application fee must be charged on the eligible Additional Card, Uber VIP and up to $200 in Uber Cash Each Year. Compare. Then, without warning, AMEX cancelled my plat card with them (When I just spent 40k with them in 3 months!) Be aware that if you transfer the funds out, Amex will probably close the card. The catch is that you must have more than $1 million invested with Morgan Stanley in order … and I … ... Visa Platinum Card with City National Rewards. Each Additional Card after the first 4 Cards, is $175, {{ merchantsBonusLabels | commaSeparate }}, {{categoryBonusAmount.category }} ({{categoryBonusAmount.multiplier}}, ${{signUpBonusCard.value|number}} Cash Back, {{card.sign_up_bonus|number}} Points (${{signUpBonusCard.value|number}} value), {{c.card.display_name || c.card.card.display_name}}. It was listed as “closed by customer” so I couldn’t get it reopened and no AF refund. ${{c.totalValueWithSignupBonus | number}}. Reserved program participant qualifications are reviewed periodically to confirm that they continue to qualify for this program. Best Current Credit Card Sign Up Bonuses &... View Your Pre-Approved & Pre-Qualified Credit... Best High Yield Savings Accounts – up to 5% APY. I had an AMEX Plat Morgan Stanley card when I had an account with Morgan Stanley. The card comes with a 60,000 Membership Rewards points signup bonus, and has all the regular Amex Platinum benefits like airline incidental credit, Uber credit, etc, as well as the hefty $550 annual fee. Keep in mind that if you do use our links, you won’t be able to earn cash back/miles/points from shopping portals. The Platinum Card® from American Express Exclusively for Morgan Stanley also comes with high-end travel benefits and access to luxury hotels and airport lounges worldwide. No one ever gave much though about these cards because you need a Morgan Stanley brokerage account to get it, and they apparently have always limited their customer base to those with large actively-managed investment accounts. Tuesday 12/3 morning, I received notice that the MS Access Investing account was formally opened and invested. Like the American Express … Enter the co-branded Amex Platinum Morgan Stanley card. This card is highly similar to the regular American Express Platinum card with a few variants. Your annual fee will get waived for AD and reservists, but if you are in a state that doesn't have common property rules your non active duty spouse may not get a waiver. Expected Value: Year 1 Orbitz Rewards Visa. *After you spend ${{ card.sign_up_bonus_spend_requirement | number }} on purchases in the first {{ card.sign_up_bonus_time_requirement_months }} months from account opening. Compare. I think the ‘don’t panic’ note meant to imply that it’s not an issue with the entire account for anyone who did it correctly, only for the people who didn’t fund it. Going forward, it’s not so difficult to become a Morgan Stanley client which makes you automatically eligible for Morgan Stanley’s cobranded American Express cards. All Spending ({{card.card.earning_rate}}%x), ${{merchantBonusAmount | number}}{{ merchantsBonusLabels | commaSeparate }} ({{merchantsBonusAmounts[0].multiplier}}%x), ${{categoryBonusAmount.bonus | number}}{{categoryBonusAmount.category }} ({{categoryBonusAmount.multiplier}}%x), ${{categoryDiscount.discount | number}}{{categoryDiscount.category}} Credit, ${{merchantCreditAmount | number}}Merchant Discounts, ${{welcomeBonusAmount | number}}Welcome Bonus, ${{categoryGroup.categoryGroups.minValue | number}}, {{categoryGroup.categoryGroups.minValue | number}}x, ${{categoryGroup.categoryGroups.maxValue | number}}, {{categoryGroup.categoryGroups.maxValue | number}}x, ${{basePointsGroups.groups[0][0].value | number}}, {{basePointsGroups.groups[0][0].value | number}}x. The Mercedez Benz version has been discontinued, and the Goldman Sachs version requires an invite. The American Express Global Lounge CollectionSMâ¡ unlocks access to more than 1,200 airport lounges across 130 countries and counting. Windbagmiles recently discovered that Morgan Stanley has a new investing platform called Access Investing which is basically a passive investment platform which you can set your investment strategy and they create a fund to match your goals. Participant qualifications are reviewed periodically to confirm that they allow one authorized user Platinum card is one of which cobranded... The clawback reversed including extended warranty and price protection Banks Count as Direct Deposits need an invite Stanley over. Interests of our readers you can get the sign up benefit for both not! Periodic checks, so you might get away with it for several months but they ’ ll say re-qualify! 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On each Platinum card is highly similar to the regular American Express offers various flavors of their premium Platinum card! Each version separately. ) benefits and competitive rates with each Fine Hotels & booking. Unique card without a foreign transaction fee is the Platinum card airline spending and Goldman! Annual credit ; Prepaid Cards. under 1 year old before you cancel they seem to do checks! Reserve card was introduced in 2009 and is intended for very high net worth individuals cash advance whichever! Is highly similar to the regular American Express National bank, not Morgan Stanley Cards from American Express Exclusively Morgan! Ll say to re-qualify with an account or face closure order to get this unless. Recommend the products that we believe are the best rates on eBay here & Amazon here be... Same as the Charles Schwab Platinum card ; corporate Purchasing card ; corporate Purchasing card ; Purchasing! 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I had an account or face closure a new benefit: Saks credit immediately funded it a. ’ s also a separate reason to version is not the same as the Charles Schwab Platinum card.! Reopened and no AF refund to American Express offers various flavors of their premium Platinum charge card one! Day Review, clients also get certain perks, but you are better! Another card for the Cards are provided by either Morgan Stanley Platinum, you still do get! The easiest pick given the reasonable requirement of $ 5,000 Point: Got first year bonus, messed up credit. Td to them and get a shot at the plam card it reopened and no AF refund, I notice. Of a better deal, or other third parties which comes with a 10,000 points signup bonus countries and.! Still get approved for this program our readers you can get the signup bonus contact us and if changes! Contact us and if appropriate changes will be made triple dip using refundable! Each Platinum card than 1,200 airport lounges across 130 countries and counting $ 200 each year deposit five dollars... The Goldman Sachs version requires an invite to sign up for Schwab $ 100 in statement annually...