Platinum Card for Morgan Stanley
American Express$895 a yearNo foreign transaction feeIssuer's page
Wait for a bigger offer if you can: a higher one ran recently.
Already have it? Keep it.
Welcome bonus
80,000points
after $12,000 in purchases in the first 6 months
Lower than the 150,000-point offer we last recorded in August 2026.
Once in a Lifetime Rule, 1 per 5 Days and 3 more. Am I eligible?
A typical spender, at Miles' point values.
| First-year value | Amount |
|---|---|
| Welcome bonus80,000 points at 1.5¢ | $1,200 |
| Rewards above a 2% no-fee cardvs Double Cash, on $32,500 typical spend | +$83 |
| Credits you'll likely useof $1,130 face value | +$713 |
| Annual fee | −$895 |
| Meeting the $12,000 minimumearns 1.5% here vs 2% on Double Cash | −$60 |
| First year | $1,041 |
| Each year after | +$906 |
Not counted in the first year: lounge access, status and protections (each year after counts them).
Earning
| Rate | Category | Return |
|---|---|---|
| 5X | Flights booked directly with airlines or through Amex Travelup to $500K/year | 7.5% |
| 5X | Prepaid hotels booked through Amex Travel | 7.5% |
| 1X | Everything else | 1.5% |
Noteworthy perks
- The Hotel Collection$600 a year
- Digital Entertainment$300 a year
- American Express Centurion Lounge
- Hilton Honors Gold (enrollment required)
Personal card · Earns American Express Membership Rewards · Authorized user fee $0
Where this card ranks
What this card returns on each page, priced against what its points are worth. Open a page to see the card it crowns and why.
Benefits
Credits & Perks (13)
- CLEAR Plus: $219 (Annual Calendar Year)
Enrollment required. Covers full cost of CLEAR Plus membership.
- SoulCycle At-Home Bike: $300 (One Time)
One-time credit toward the full price of a SoulCycle at-home bike. Must join Equinox first.
- The Hotel Collection: $300 (Semi Annual Calendar Year)
Earn up to $300 back in statement credits semi-annually (January through June, and July through December) on prepaid Fine Hotels + Resorts or 2+ nights with The Hotel Collection booked through Amex Travel.
- Digital Entertainment: $25 (Monthly)
Credits for Paramount+, YouTube Premium, YouTube TV, Disney+, a Disney+ bundle, ESPN+, Hulu, The New York Times, Peacock, The Wall Street Journal. Enrollment required
- Uber Cash: $15 (Monthly)
Applied to your Uber account each month on the 1st and must be used in that month. An Amex card must be selected as your payment method in the Uber app to spend the Uber Cash. Additional $20 bonus in December (total $35 in December)
- Walmart+: $13 (Monthly)
Covers full cost of Walmart+ monthly membership ($12.95/month). Enrollment required.
- Airline Fees: $200 (Annual Calendar Year)
Choose eligible US airline annually in January. Covers incidental fees like baggage fees, seat selection fees, and in-flight purchases on the selected US airline. Airline tickets, upgrades, mileage points purchases, mileage points transfer fees, gift cards, duty free purchases, and award tickets are not deemed to be incidental fees.
- Global Entry/TSA PreCheck: $120 (Every 4 Years)
Covers application fee. Credit applies automatically when charged to card.
- Resy Dining: $100 (Quarterly Calendar Year)
Up to $100 back each quarter for eligible purchases directly with Resy or for dining purchases at any U.S. Resy restaurant.
- Uber One: $120 (Annual Calendar Year)
Up to $120 in statement credits each calendar year with an auto-renewing Uber One membership in the U.S.
- lululemon: $75 (Quarterly Calendar Year)
Up to $75 back each quarter in statement credits for eligible purchases at Lululemon stores or Lululemon.com in the U.S. Enrollment required.
- Oura: $200 (Annual Calendar Year)
Up to $200 back each calendar year in statement credits when purchasing an Oura Ring through Ouraring.com. Enrollment required.
- Equinox: $300 (Annual Calendar Year)
Up to $300 in statement credits each calendar year when you pay with the Card for an Equinox club membership or an Equinox+ digital subscription (subject to auto-renewal). Enrollment required.
Lounge Access (6)
- American Express Centurion Lounge (Unlimited): paid guests allowed ($50/adult)
- Priority Pass Select (Unlimited): 2 free guests, paid guests allowed
- Delta Sky Club (10 visits/year): paid guests allowed ($50/adult)
- Plaza Premium Lounge (Unlimited): 1 free guest, paid guests allowed
- Airspace Lounge (Unlimited): 2 free guests, paid guests allowed
- Escape Lounge (Unlimited): 2 free guests, paid guests allowed
Elite status (6)
- Marriott Bonvoy: Gold
- Hilton Honors: Gold
- LHW Leaders Club: Sterling
- Avis Preferred: Preferred Plus
- Hertz Gold Plus Rewards: President's Circle
- National Emerald Club: Executive
Protections (9)
- Trip Cancellation/Interruption, up to $10,000, Coverage for trip cancellation and interruption. Pay for round trip travel in full with your card to be eligible for this benefit. This includes award ticket fees or points.
- Trip Delay, up to $500, Coverage for trip delays over 6 hours, up to $500 per trip (max 2 claims per 12 months). Pay for round trip travel in full with your card to be eligible for this benefit. This includes award ticket fees or points.
- Lost Luggage, up to $3,000, Coverage for luggage and contents lost/stolen by common carrier up to $3,000 per person per trip. $2K for checked bags. Pay for the full cost of transportation with your Amex card to be eligible for this benefit.
- Emergency Evacuation, Emergency medical evacuation coverage with no limit. There is no requirement to pay for any part of your trip with your Amex card to use this benefit.
- Purchase Protection, up to $10,000, 90 days coverage for theft/damage
- Extended Warranty, up to $10,000, Extends warranty by up to 1 year
- Return Protection, up to $300, Up to $300 per item when retailer won't accept return
- Car Rental Insurance (secondary), up to $75,000, Secondary coverage up to $75,000 for rental car damage/theft (primary coverage available for additional fee). Pay for the full cost on your card to be eligible for this benefit. Coverage is not available in Australia, Italy, New Zealand.
- Cell Phone Protection, up to $800, Up to $800 per claim for cell phone damage or theft when you pay your monthly cell phone bill with this card. $50 deductible per claim. Maximum 2 claims per 12-month period.
Other Perks
- 1 Free Authorized User
- Redeem points for 1 cent each into Morgan Stanley account
- $895 Annual Engagement Bonus for Platinum CashPlus accounts
- $500 Anniversary Spend Award from Morgan Stanley after $100,000 in Card purchases by anniversary date
- Premium Global Concierge
The American Express Personal Premium family
Sources and methodology
First-year value is Miles' estimate for a typical spender: the welcome bonus at Miles' point values, plus the rewards this card earns above the best no-annual-fee card's everyday rate on a typical year of spending, plus credits at the share a typical holder uses rather than their face value, plus any certificate or free night earned in that year, minus the first-year fee and the cost of putting the minimum spend on this card instead of that one.
Lounge access, elite status, other benefits, purchase and travel protections, and a certificate or free night that arrives on the card's anniversary are listed beside the first-year figure, not in it. Each year after counts them, with the rewards and credits, less the annual fee. A credit or benefit that needs a spend or a stay counts only where its condition is printed beside it, and credits gated on spend most people never reach are left out.
The fee, offer, earning rates, credits and protections come from the card's record in the Miles dataset, kept against the issuer's own terms. The verdict line is chosen from a fixed set of sentences by Miles' analysis of the offer and the card; nothing on this page is written by hand for one card.
Recent changes
- changed from null to no_preset_limitOct 11, 2026
- changed from null to Morgan Stanley PlatinumOct 8, 2026
- changed from First authorized user is FREE, $195 for each additional authorized user to 0Sep 30, 2026
- changed from null to The first Additional Platinum Card is free; each one after the first is $195 a year. Companion Platinum Cards are free.Sep 30, 2026
- changed from true to falseSep 26, 2026
- changed from Slug: american-express-classic-green-card; Tier: 1; Tier name: Green; Slug: american-express-gold-card; Tier: 2; Tier name: Gold; Slug: the-platinum-card-from-american-express; Tier: 3; Tier name: Platinum; Slug: the-platinum-card-from-american-express-for-schwab; Tier: 3; Tier name: Platinum Schwab; Slug: american-express-centurion-card-black-card; Tier: 4; Tier name: Centurion to Slug: the-platinum-card-from-american-express; Tier: 3; Tier name: Platinum; Slug: the-platinum-card-from-american-express-for-schwab; Tier: 3; Tier name: Platinum Schwab; Slug: american-express-centurion-card-black-card; Tier: 4; Tier name: CenturionSep 26, 2026
- changed from null to chargeSep 2, 2026
- changed from Slug: american-express-green-card; Tier: 1; Tier name: Green; Slug: american-express-gold-card; Tier: 2; Tier name: Gold; Slug: the-platinum-card-from-american-express; Tier: 3; Tier name: Platinum; Slug: the-platinum-card-from-american-express-for-schwab; Tier: 3; Tier name: Platinum Schwab; Slug: american-express-centurion-card-black-card; Tier: 4; Tier name: Centurion to Slug: american-express-classic-green-card; Tier: 1; Tier name: Green; Slug: american-express-gold-card; Tier: 2; Tier name: Gold; Slug: the-platinum-card-from-american-express; Tier: 3; Tier name: Platinum; Slug: the-platinum-card-from-american-express-for-schwab; Tier: 3; Tier name: Platinum Schwab; Slug: american-express-centurion-card-black-card; Tier: 4; Tier name: CenturionAug 20, 2026
- changed from null to 12000Aug 13, 2026
- changed from null to 180Aug 13, 2026
- changed from 150K after $12K spend within first 6 months to 80K after $12K spend within first 6 monthsAug 1, 2026