AmEx Platinum Card for Morgan Stanley Evaluate (2024.5 Replace: 125k Supply)

physixfan      2024-05-17     2024-05-17

Non-affiliate disclosure: all details about the this card have been collected independently by US Credit score Card Information and has not been reviewed by the issuer.

2024.5 Replace: The brand new supply is 125k!

2023.11 Replace: The 125k welcome supply is expired. The present supply is 80k.

2023.9 Replace: The brand new supply is 125k! Supply ends on 2023.11.08.

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Advantages

1. 125k supply: Earn 125,000 Membership Rewards (MR) factors after spending $6,000 in first 6 months. That is the most effective supply on this card in latest historical past.
2. We estimate that Membership Rewards (MR) are price about 1.6 cents/level, see beneath for a quick introduction. So the 125k highest welcome supply is price about $2,000!
3. [Morgan Stanley version only] The primary approved person is completely free!
4. [Morgan Stanley version only] You’ll be able to money out your MR factors into your Morgan Stanley brokerage account at a set ratio 1 cent/level. Observe that the money out ratio for AmEx Platinum for Schwab is 1.1 cents/level, so clearly the Schwab model is a more sensible choice for this goal.
5. [Morgan Stanley version only] Earn an Anniversary Spend Award of $500 from Morgan Stanley after you spend $100,000 in purchases in your Card annually by your anniversary date. (i.e. simply extra 0.5% money again)
6. Earn 5x MR factors for flights booked straight with airways, on as much as $500k. Earn 5x MR factors for flights and pay as you go resorts booked with AmEx Journey. Earn 1x MR factors per $1 spent on all different purchases.
7. This card affords varies credit to cowl some bills, see particulars within the subsequent part.
8. Complimentary entry to the next airport lounges:
   • Precedence Cross Choose (PPS), it is advisable to enroll it by your self, after which a Precedence Cross Choose card shall be mailed to you, free for as much as 2 companions, word that AmEx issued PPS playing cards not give restaurant credit score (they will solely be utilized in PPS airport lounges);
   • Centurion Lounges. Visitor entry prices $50 per individual. Complimentary visitor entry for as much as two visitors per go to after spending $75,000 USD between January 1, 2022 and December 31, 2022 and in every calendar yr thereafter.
   • The Worldwide American Categorical Lounges, companion insurance policies range by location, however at the very least 1 companion without spending a dime;
   • Escape Lounges, free for as much as 2 companions;
   • Delta Sky Golf equipment, you want a Delta boarding go on the identical day, $29 per companion. [2023.9 Update] Efficient 2/1/25, card members of this card will obtain 6 Visits per yr to the Delta Sky Membership; to earn a vast variety of Visits annually beginning on 2/1/25, the full eligible purchases on the Card should equal $75,000 or extra between 1/1/24 and 12/31/24, and every calendar yr thereafter.
   • Plaza Premium Lounges, free for as much as 2 companions;
   • Airspace Lounges, free for as much as 2 companions.
9. Tremendous Inns & Resorts (FHR): if you happen to e book resorts by means of FHR, you may take pleasure in the advantages of elite members; reminiscent of room upgrades, free Wi-Fi, free breakfast, and many others. The advantages range by resorts.
10. Complimentary Marriott Bonvoy Gold Standing. Use this hyperlink to activate.
11. Complimentary Hilton Gold Standing. Use this hyperlink to activate.
12. Complimentary membership for Avis, Hertz, and Nationwide membership. Use this hyperlink to activate.
13. Platinum Card Concierge service: for the busy and even lazy, you should utilize this service to e book resorts or reserve eating places and so forth, the service is alleged to be very, excellent.
14. $800 Cellular phone safety: rise up to $800 per declare and a pair of claims per yr in cellular phone safety towards coated theft or harm for telephones listed in your month-to-month cellular phone invoice whenever you pay it along with your eligible bank card. Deductible $50.
15. With this bank card, you may get entry to Amex Affords, which regularly affords excellent reductions at some shops. Previously we now have seen affords like: Spend $15 or extra and get $5 again at Walmart; Spend $75 or extra and get $25 again on Amazon.com.
16. Refer a pal: You’ll be able to earn 15,000 bonus MR factors for each accepted account you refer, as much as 55,000 MR factors per calendar yr.
17. This card is comparatively simple to get accepted for as a result of it’s a Cost Card, not a Credit score Card. Cost card signifies that you don’t have the choice to pay solely minimal fee, you must pay your steadiness in full on the due dates. Observe that Cost Card purposes may also lead to a Arduous Pull, similar to Credit score Card purposes.
18. Cost Playing cards don’t have any pre-set spending restrict.
19. No overseas transaction price.

Varies Credit

This card has varies credit to cowl some bills. They’re:

1. [$200 airline fee credit] Stand up to $200 credit score for airline incidental fees reminiscent of checked luggage per calendar yr. Airline ticket itself isn’t eligible. As a result of this profit resets in keeping with calendar yr as an alternative of whenever you opened the cardboard, you may really get airline price credit score TWICE earlier than the second annual price posts! Observe that this profit isn’t routinely enrolled, it is advisable to enroll and specify an airline by clicking right here.
2. [$200 FHR/THC hotel credit] Stand up to $200 credit score on pay as you go Tremendous Inns Resorts (FHR) or The Resort Assortment (THC) bookings per calendar yr. Bookings of THC require a minimal keep of two consecutive nights. As a result of this profit resets in keeping with calendar yr as an alternative of whenever you opened the cardboard, you may really get airline price credit score TWICE earlier than the second annual price posts!
3. [$200 Uber credit] Get $15 Uber credit score per 30 days besides Dec, and $35 in December. That’s $200 per yr. The unused credit will expire each month.
4. [$100 Saks credit] Stand up to $50 in assertion credit on Saks Fifth Avenue from January by means of June, and as much as $50 from July by means of December. Each on-line and in retailer will work. No minimal buy required. Enrollment required.
5. [Complementary Walmart+ membership] Pay your Walmart+ membership along with your AmEx Platinum card, and you’ll get full credit score again ($12.95/month).
6. [$100 Global Entry credit] Get $100 credit score for World Entry or $85 credit score for TSA Precheck utility price.
7. [$179 Clear credit]. It’s the identical quantity because the Clear annual membership price. It’s helpful if you happen to fly quite a bit, however the worth isn’t a lot.
8. [$240 Digital Entertainment credit]. Stand up to $20 per 30 days, solely works at: Hulu, Disney+, and a number of different particular retailers. The worth is actually 0.
9. [$300 Equinox credit]. Stand up to $300 per yr on Equinox membership charges. The worth is actually 0.

Disadvantages

1. $695 annual price, NOT waived for the primary yr. Observe that annual price doesn’t rely in the direction of the minimal spending requirement (and that is true for all bank cards)! 

Licensed Customers

There are two sorts of Licensed Person (AU) playing cards: platinum AU card, and “silver” AU card. AU playing cards shouldn’t have separate credit.

1. Platinum AU playing cards have annual price: $195 per card from the second. [Morgan Stanley version only] The primary platinum AU card is free. Platinum AU card holders have separated PPS card, have entry to all of the airport lounges talked about above, get complimentary lodge standing, and might use FHR advantages.
2. “Silver” AU playing cards don’t have any annual price, however there’s no extra advantages.

Introduction to MR Factors

• You’ll be able to earn MR factors with AmEx ED, AmEx EDP, AmEx Inexperienced, AmEx Gold, AmEx Platinum, AmEx Platinum for Schwab, AmEx Platinum for Morgan Stanley, AmEx Blue Enterprise Plus, AmEx Enterprise Inexperienced, AmEx Enterprise Gold, AmEx Enterprise Platinum, and many others.
• The MR factors you earn on completely different MR playing cards will routinely go to the identical MR account.
• MR factors by no means expire. You’ll not lose the MR factors on one card if you happen to shut the account, however you’ll lose the entire MR factors if you happen to shut the entire MR playing cards. As a way to keep away from dropping your MR factors, we suggest to maintain the no annual price AmEx ED.
• In case you have any of the MR playing cards, MR factors might be transferred to some airline miles. Probably the most widespread and finest method to make use of MR factors is to 1:1 switch them to All Nippon Airways (ANA, NH) miles (Star Alliance). Different good choices are: Air Canada (AC) (Star Alliance), Delta Air Traces (DL) (SkyTeam), British Airways (BA) (Oneworld), Asia Miles (Oneworld), Singapore Airways (SQ) (Star Alliance), Flying Blue (SkyTeam), Virgin Atlantic (VS) (Non-alliance), and many others. If you happen to use MR on this method, the worth is about 1.6 cents/level.
• In case you have any of the MR playing cards, you may redeem your MR factors at a set charge about 1 cent/level in the direction of air tickets on AmEx journey portal.
• In case you have AmEx Platinum for Schwab, you may redeem your MR factors at a set charge 1.1 cents/level in the direction of money. If you happen to do not wish to spend time finding out airline miles, it is a fairly good method to money out the factors. If you do not have this card, you may solely redeem your MR factors at a set charge 0.6 cents/level in the direction of money.
• In abstract, we estimate that MR factors are price about 1.6 cents/level.
• For extra details about MR factors, see Maximize the Credit score Card Factors Values (overview), and Introduction to MR: Methods to Earn and Introduction to MR: Methods to Use (very detailed).

Beneficial Software Time

1. [Once per lifetime language] You’ll be able to solely get the welcome bonus as soon as in a lifetime, so remember to apply when the historic highest supply seems.
2. [New] [Platinum flavors language] Completely different flavors of AmEx Platinum playing cards now have an effect on one another when it comes to welcome affords. You’ll be able to solely get one welcome supply amongst them.
3. [New] [Family language] AmEx begins so as to add household language: larger annual charges playing cards will have an effect on the welcome affords on decrease annual price ones in the identical household collection. Particularly, having held Platinum makes you ineligible for the welcome supply of Gold. So if you would like each, it is best to apply for Gold first.
4. AmEx doesn’t care concerning the variety of onerous pulls.
5. You’ll be able to attempt to apply for it when you may have a credit score historical past of 6 months.
6. You should wait at the very least 90 days between the appliance for various flavors of AmEx Platinum playing cards, in any other case the appliance shall be cancelled.

Abstract

Essentially the most particular characteristic of this model of the AmEx Platinum card is that, the primary approved person is free. If you happen to resolve to maintain an AmEx Platinum card for a very long time, then this model is appropriate to offer your partner a certified person card to take pleasure in the advantages.

The 100k+10x welcome supply is kind of good.

You’ll be able to earn 5x MR factors on air tickets with this card, and it’s the finest incomes charge throughout all playing cards. Additionally this card now comes with a visit delay insurance coverage which might be triggered by a 6+hrs delay, so it has develop into the most effective card to purchase airline tickets. There are additionally a number of different advantages reminiscent of extra lounge entry than different premium playing cards, the FHR, and many others. If you happen to can reap the benefits of these advantages, this card could also be a keeper.

The annual price is now elevated to $695, and on the similar time there are much more credit. Individuals joke about it and name it a “coupon e book card”. These credit can in some way offset a part of the annual price: the $200 air incidental credit score can be utilized by some methods, so we worth it at 70% of its face worth and that’s about $140; the $200 FHR/THC lodge credit score might be helpful if you happen to discover some resorts with a less expensive worth, so we worth it at 70% of its face worth and that’s about $140; the $200 Uber credit score is distributed and expires each month, so we additionally use 70% of its face worth which is about $140; the $100 Saks credit score is price about $70 if additionally valued at 70% face worth. The worth of the opposite credit are mainly 0. Contemplating the annual price is so excessive now, it’s onerous to get constructive worth if you happen to don’t exit and journey quite a bit.

If at some point you don’t wish to preserve this card any extra, however nonetheless need your remaining MR factors, you may apply for the AmEx EveryDay (ED) (no annual price) to maintain the MR factors and use them sooner or later.

To Do Checklist After You Get The Card

1. Enroll in Airline Incidental Charge Credit score profit and select a service. You should enroll and select a service prior to creating a reimbursable buy.
2. Add your card to Uber or UberEats.
3. Enroll in Saks Credit score profit.
4. Enroll in Precedence Cross Choose (PPS) lounge profit.
5. Enroll in Marriott Bonvoy Gold standing.
6. Enroll in Hilton Gold standing.
7. Enroll for Avis, Hertz and NationwideAutomotive Rental standing privileges.
8. Enroll in Walmart+ membership.
9. Apply for World Entry ($100 reimbursement) or TSA PreCheck ($85 reimbursement).

Associated Credit score Playing cards

See this submit for the comparability of advantages.

Beneficial Downgrade Choices

• You can’t downgrade this card to any card, so I counsel you shut it whenever you don’t wish to preserve it any longer.

After Making use of

• Click on right here to verify AmEx utility standing.
• AmEx reconsideration backdoor quantity: 877-399-3083. The “actual” backdoor variety of Amex is properly protected. Completely different from Chase, the representatives from this AmEx reconsideration backdoor quantity solely have the fitting that can assist you submit requests.

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