CardMatch — Compare cards. Match your goals.

American ExpressThe Platinum Card® from American Express for Morgan Stanley

•••• •••• •••• 6914

VALID THRU12/29

AMEX

Travel CardsPremium Cards

Annual Fee

$895

Foreign Txn Fee

Credit Needed

Good to Excellent (700+); requires an eligible Morgan Stanley or E*TRADE brokerage or bank account

APR

N/A — charge card, balance must be paid in full

Rewards Categories

5x Flights booked directly or via Amex Travel (up to $500,000/yr, then 1x)

5x Prepaid hotels via Amex Travel (Fine Hotels + Resorts, The Hotel Collection)

1x All other purchases

Benefits

Access to 1,550+ airport lounges: Centurion Lounges, Delta Sky Clubs, Priority Pass Select

Up to $600 annual hotel credit ($300 semi-annually) via Fine Hotels + Resorts/The Hotel Collection

$15/month Uber Cash plus a $20 bonus in December (≈$200/yr)

Up to $120/yr statement credit for an auto-renewing Uber One membership

Up to $200 airline fee credit (select one qualifying airline)

Hilton Honors Gold and Marriott Bonvoy Gold elite status (enrollment required)

Complimentary Leaders Club Sterling Status from The Leading Hotels of the World

Up to $300/yr Equinox+ or club membership credit, plus a one-time $300 SoulCycle bike credit

Up to $300/yr lululemon credit ($75 per quarter at U.S. retail stores and lululemon.com)

Anniversary Spend Award: $500 bonus after spending $100,000 in a card year

First Additional (authorized user) Platinum Card has a $0 annual fee — a $195/yr savings versus standard Platinum

Cell phone protection, trip delay/cancellation insurance, purchase protection

Welcome Bonus

150,000 Membership Rewards points after spending $12,000 in first 6 months (offer ends 7/8/2026)

Pros & Cons

Pros

Free first authorized user card — a real savings versus standard Platinum's $195 fee

Morgan Stanley Platinum CashPlus account holders can receive an $895 annual engagement bonus that fully offsets the fee

Identical lounge network and most statement credits as standard Amex Platinum

150,000-point current welcome offer is the highest this card has offered

Cons

Requires an eligible Morgan Stanley or E*TRADE account just to apply

The $895 engagement bonus is only available with a Platinum CashPlus account, which itself has a $55/mo fee (waivable with $25K average daily balance)

The CashPlus engagement bonus is reported as taxable income on a 1099-MISC

Same 1x rate on most non-travel spending as standard Platinum

Best For / Worst For

Best For

Morgan Stanley or E*TRADE clients who want Platinum-level travel perks and can use the CashPlus engagement bonus to offset the fee

Worst For

Anyone without a Morgan Stanley/E*TRADE relationship, or who would rather avoid maintaining a $25K balance

Reward Valuation

Membership Rewards points generally valued around 1.7–2.0 cents each when transferred to airline/hotel partners; redeeming via Pay With Points yields closer to 0.6–1 cent per point.

Points Value Breakdown

Average Value

1.80¢/point

Travel Redemption

1¢/point

Transfer Partner Value

2¢/point

Statement Credit Value

0.60¢/point

Cash-Out Value

1¢/point

Example

150,000 welcome bonus points ≈ $2,700–$3,000 if transferred to airline/hotel partners at ~1.8–2¢ each, versus $1,500 if redeemed to a Morgan Stanley CashPlus account at the 1¢ flat rate.

Statement Credits

Hotel Credit

Up to $600/yr

$300 semi-annually via Fine Hotels + Resorts or The Hotel Collection

Uber Cash

≈$200/yr

$15/mo + $20 bonus in December

Uber One Membership

Up to $120/yr

Covers an auto-renewing Uber One membership

Airline Fee Credit

Up to $200/yr

Select one qualifying airline; covers incidentals, not tickets

Equinox Credit

Up to $300/yr

Equinox+ subscription or club membership, plus a one-time $300 SoulCycle bike credit

Transfer Partners

Delta SkyMiles

No transfer fee

1:1

British Airways Avios

Good for short-haul award flights

1:1

Marriott Bonvoy

Bonus at higher transfer tiers

1:1

Travel Protections

Trip Delay Insurance

Reimbursement for delays of 6+ hours, up to $500 per trip

Trip Cancellation/Interruption

Up to $10,000 per trip, $20,000 per 12 months

Baggage Insurance

Coverage for checked and carry-on baggage

Insurance Benefits

Cell Phone Protection

Up to $800 per claim against damage/theft when bill paid with card

Car Rental Loss & Damage

Primary coverage when declining the rental agency's insurance

Banking Relationship Benefits

Relationship Bonus

Morgan Stanley gives Platinum CashPlus account holders an $895 annual engagement bonus that offsets this card's entire annual fee.

Premium Checking

Morgan Stanley waives the Platinum CashPlus $55/month fee if you keep a $25,000 average daily balance, similar to a premium checking relationship perk.

Wealth Management

Holding this card alongside a Morgan Stanley brokerage account can streamline access to a dedicated financial advisor relationship.

Approval Odds

Requires good to excellent credit (700+) AND an eligible Morgan Stanley or E*TRADE brokerage/bank account (minimum $5,000 to open an E*TRADE investing account). Subject to Amex's once-per-lifetime welcome bonus rule for the Platinum product line.

Historical Welcome Offers

June 2026

High Offer

150,000 points after $12,000 spend in 6 months — best offer ever on this card

Nov 2025

80,000 points after $8,000 spend in 6 months

Earlier 2025

125,000 points after $8,000 spend in 6 months

User Reviews

★★★★★

May 2026

The CashPlus bonus makes it free

Between the $895 engagement bonus and the statement credits I already use, this card costs me nothing extra over a standard brokerage relationship I'd have anyway.

— M.F.