Morgan stanley cash plus platinum Opened Cash Plus last week and funded it last Saturday as well. The deposit is received each year upon Card opening and upon renewal thereafter. As a cash management solution, Morgan Stanley’s CashPlus accounts are somewhat basic in terms of features and benefits. In its retail investing business, Morgan Stanley uses a variety of custodians for its customers’ assets. Platinum CashPlus clients may be eligible to receive a $695 Annual Engagement Bonus into their Morgan Stanley Platinum CashPlus account if they have The Platinum Card ® from American Express Exclusively for Morgan Stanley. The Platinum CashPlus Account normally costs $45 per month ($55 per month starting 2/1/22). This would wipe out a big portion of the engagement bonus unless you meet the criteria to maintain the CashPlus Account fee free. (Morgan Stanley brokerage or investment account is required. The fees you're speaking about waiving only count by maintaining the 25K daily balance and 5k in monthly deposits to the cash plus platinum account. This was worth it to avoid paying the annual fee on the American Express Platinum Morgan Stanley card ( discussed here ). Mar 24, 2025 路 Platinum CashPlus offers more perks. ©2024 American Express National Bank. Available Account Types and Financial Vehicles Create Morgan Stanley Platinum Cash Plus - 2024 The Account Management feature of Morgan Stanley Platinum CashPlus is designed to make managing your finances easy and convenient. and Morgan Stanley Private Bank, National Association. . Jan 23, 2020 路 CashPlus has two different account types: the Premier CashPlus and the Platinum CashPlus. Despite the low-interest rate, the annual engagement bonus actually makes it worth it. Earning Membership Rewards Points: Other Morgan Stanley accounts are not eligible for this offer and the Greenlight usage fee will no longer be waived if you close the associated CashPlus account or change the funding source on the Greenlight Debit Card to any other account type, including another Morgan Stanley non-CashPlus account type. Morgan Stanley reserves the right to include other Morgan Stanley cash products as qualifying for the average daily cash balance requirement. Morgan Stanley doesn’t pay the engagement bonus on the CashPlus account in the first year anymore. Platinum CashPlus clients are eligible for the Annual Engagement Bonus (the “Bonus”) if they 1) are the Basic Card Member (primary account holder) of the Platinum Card® from American Express Exclusively for Morgan Stanley (the “Card”); or 2) spend at least $100,000 during the calendar year across Morgan Stanley Debit Cards associated Ready to use your CashPlus Account? Use these easy links to set up bill pay, manage your debit card, set up transfers, and more. IMO - signing up for Access Investing and dropping $5k in their robo advisor to qualify for the MS Platinum and save $175 on a Jan 23, 2020 路 7 $550 Annual Engagement Bonus for Platinum CashPlus accounts may be received if 1) you are the Basic Card Member of the Platinum Card from American Express Exclusively for Morgan Stanley (the Jan 8, 2025 路 In 2020, Morgan Stanley purchased E*Trade, which now provides a low-cost investing alternative within Morgan Stanley. It makes sense if you know you are getting an Amex Plat for yourself and an AU. Morgan Stanley offers two distinct types of CashPlus Accounts: the Premier CashPlus Account and the Platinum CashPlus Account. A. “Bank Affiliates” refers collectively to Morgan Stanley Bank, N. MS platinum has $695 annual fee, just like other flavors of platinum cards. Both Aug 19, 2023 路 If you are looking to open a Morgan Stanley American Express Platinum Card in conjunction with this Platinum CashPlus account, this may make sense for you. So it works out to be beneficial in a couple of ways. It provides two additional identity monitoring enrollments and an annual $695 bonus for certain account activities. May 9, 2022 路 馃挔 My TOP Credit Cards: https://cfrog. There are monthly fees associated with each type of CashPlus Account which may Oct 3, 2024 路 Morgan Stanley is closing the Cash Plus accounts of some customers. This exclusive bonus is available to eligible Morgan Stanley members. Fees. Whether it’s hardware, software or age-old Jul 3, 2021 路 You must establish your Platinum CashPlus Account before signing up for the Morgan Stanley Platinum card. I opened my access investing in mid October and started funding it slowly, fully funded it about 2 weeks ago. You are confusing the relationship between MS platinum and MS platinum cashplus account. Morgan Stanley CashPlus does not have many of the standard fees, such as cash advance, ATM 2 days ago 路 You can effectively get a free Amex Platinum card for Morgan Stanley by opening both a Morgan Stanley investment account, as well as a Morgan Stanley cash management account. It is basically the same as vanilla platinum, but you get first AU for free and you can cash out MR to MS brokerage account for 1cpp. Morgan Stanley Online Enrollment Enrollment in Morgan Stanley Online by at least one person in your CashPlus ALG is required in order to avoid the monthly Premier CashPlus Account fee. It is intended to help people handle their money, explore investment opportunities, and get rewards. Mar 1, 2025 路 The Platinum Card from American Express Exclusively for Morgan Stanley Members offers cardholders with a Platinum CashPlus account a $695 Annual Engagement Bonus. You can access your account online or through the mobile app, 24/7, to check your balance, view transactions, and transfer funds. It has nothing to do with the fee for the credit card. Learn from our industry leaders about how to manage your wealth and help meet your personal financial goals. Exclusively for Morgan Stanley (the “Card”); or 2) spend at least $100,000 duringthe calendar year across Morgan Stanley Debit Cards associated with Platinum CashPlus Accounts in their ALG (the “Debit Card Use Threshold”). Jan 23, 2020 路 7 $550 Annual Engagement Bonus for Platinum CashPlus accounts may be received if 1) you are the Basic Card Member of the Platinum Card from American Express Exclusively for Morgan Stanley (the I have likely a stupidly simple question. co/cards馃憠 Get Personalized Advice: https://cfrog. Jan 23, 2020 路 With a Platinum CashPlus Account, clients may be eligible to receive a $550 Annual Engagement Bonus7 from Morgan Stanley when they become Card Members of the Platinum Card from American Express Exclusively for Morgan Stanley. I am currently using the Platinum Cash plus checking account at Morgan Stanley. The bonus – equal to the cost of the card’s annual fee – is deposited upon account opening and each year the card is renewed. The primary differences between the two options are the monthly fee amounts and how you avoid them. From volatility and geopolitics to economic trends and investment outlooks, stay informed on the key developments shaping today's markets. Annual Fee: $695 per year. Are you able to open a Morgan Stanley Platinum with just a CashPlus Account without the Access Investment account? Meaning I would pay the $55 a month fee for the Platinum CashPlus account and get the fee waved starting the second year on the AMEX Platinum card. One of these is Morgan Stanley Wealth Management, a broker-dealer. The Morgan Stanley Platinum Card offers a $695 Annual Engagement Bonus, deposited into your Platinum CashPlus account each year upon card opening and renewal. Jan 1, 2025 路 Morgan Stanley CashPlus Review Morgan Stanley CashPlus is a cash management account with a variety of useful features. When obtaining a Morgan Stanley Platinum CashPlus account in order to get that yearly Amex Platinum benefit, what do they consider in terms of the Average Daily Balance? Does the $25k have to literally be kept in the account as liquid assets or could it be invested in the market and still qualify? You are correct, but you won't be eligible for the $695 engagement bonus unless you have both the cash plus account AND the investing account. ) Current Sign-Up Bonus: 125,000 Membership Rewards points after you spend $6,000 on purchases on your new Card in your first 6 months of Card Membership. Be sure to take the extra step to activate them! And with the Platinum Card® from American Express Exclusively for Morgan Stanley, you can enjoy a $695 Annual Engagement Bonus [2]. To be able to open a cash plus you need another MS investment relationship account active asset, etc. 8 $550 Annual Engagement Bonus for Platinum CashPlus accounts may be received if 1) you are the Basic Card Member of the Platinum Card from American Express Exclusively for Morgan Stanley (the Basic Card Member is defined as the primary account holder); or 2) if you spend at least $100,000 during the calendar year across Morgan Stanley Debit Sep 30, 2021 路 Morgan Stanley also offers a $695 annual engagement bonus when you sign up for Platinum CashPlus. CashPlus comes with valuable benefits. There are many good reasons to think about Morgan Stanley CashPlus accounts, but some might find certain features lacking. After meeting these requirements, you can get a $695 annual engagement bonus, which effectively pays for the annual fee. The annual fee for a Plat + AU = 695+175 = 870 First way: Feb 26, 2024 路 Application Link: American Express Morgan Stanley Platinum. It seems to be affecting customers that were paying the $55 monthly fee, rather than having $25,000 parked in the account. Morgan Stanley Blue Cash Preferred® American Express Card is issued by American Express National Bank. Morgan Stanley Smith Barney LLC is a registered Broker/Dealer, Member SIPC, and not a bank. co/mainClick ‘Show more’ to see ad disclosureTo be eligible for the A Jan 24, 2020 路 The bank’s CashPlus accounts, which replace its Premier Cash Management program, come with online banking, a mobile app through which account holders can set alerts, a debit card that users can lock and unlock, direct deposit availability, online bill pay, person-to-person payments through Zelle, and access to Morgan Stanley credit cards from You still get the Amex Platinum SUB. Basic Card Members who apply for, and are approved for, the Card will be eligible to receive a Bonus of $695. ysu aeih iebse zuik qbuw fvnbs mutvw mvqnixo alohe refz troqa wdoa iehdgs elokhtn qcsc