150K Bonus for Charles Schwab and Morgan Stanley Amex Platinum Cards
American Express will soon launch an increased welcome bonus for The American Express Platinum® Card for Charles Schwab and The Platinum Card® from American Express Exclusively for Morgan Stanley.
The offer is showing through qwww links and first shared at USCF. These are links that Amex uses for testing new offers, and they usually end up becoming public offers. The new bonus has an expiration date of July 8, so we should see it go live in early May. Check out the details below.
Offer Details
- Earn 150,000 Membership Rewards® points after spending $12,000 in purchases in your first 6 months of Card Membership.
- Offer ends 7/8/2026.
- Annual Fee: $895
- NO DIRECT LINK YET
The American Express Platinum® Card for Charles Schwab
One of the unique perks of this card is that it lets you cash out your Membership Rewards points at a value of 1.1 cents each, with a maximum of 1 million points per year. That’s slightly better than the Amex Business Checking account which lets you cash out at 1cpp.
You also get a $100 card statement credit if your qualifying Schwab holdings are equal to or greater than $250,000, $200 for $1,000,000 or more and a$1,000 card statement credit with $10,000,000 or more.
Bonus Eligibility Terms
You may not be eligible to receive a welcome offer if you have or have had this Card, the Platinum Card®, the Platinum Card® from American Express Exclusively for Morgan Stanley or previous versions of these Cards. You also may not be eligible to receive a welcome offer based on various factors, such as your history with credit card balance transfers, your history as an American Express Card Member, the number of credit cards that you have opened and closed and other factors. If you are not eligible for a welcome offer, we will notify you prior to processing your application so you have the option to withdraw your application.
The Platinum Card® from American Express Exclusively for Morgan Stanley
This card lets you cash out points at 1 cent each. You also get a $695 annual engagement bonus into your Platinum CashPlus account, which effectively waives that annual fee. Plus the annual fee for the first Additional Platinum Card is $0 ($195 after that).
Bonus Eligibility Terms
You may not be eligible to receive a welcome offer if you have or have had this Card, the Platinum Card®, the Platinum Card® from American Express Exclusively for Charles Schwab or previous versions of these Cards. You also may not be eligible to receive a welcome offer based on various factors, such as your history with credit card balance transfers, your history as an American Express Card Member, the number of credit cards that you have opened and closed and other factors. If you are not eligible for a welcome offer, we will notify you prior to processing your application so you have the option to withdraw your application.
