Update 5/8/25: 125k offer is back
Update 1/8/25: Deal is ending today.
The Offer
- American Express Charles Schwab is offering up to 125,000 bonus points after $8,000 in spend within the first 6 months
Card Details
- Annual fee of $695 is not waived the first year
- Authorized Platinum cards are $195
- Authorized Gold cards are free
- Full details here
- Card earns at the following rates:
- 5x points per $1 spent on purchases made with airlines or with American Express Travel
- 5x points per $1 spent on hotel & airline bookings made directly from the American Express travel website
- 1x points on all other purchases
- $200 airline incidental credit per calendar year
- $200 Uber credit ($15 per month and additional $20 in December)
- Lounge access:
- Centurion lounge access
- International American Express lounge access
- Delta SkyClub lounge access
- Priority pass select membership
- Airspace lounge access
- $240 digital entertainment credit. This is a credit of $20 per month and can be used on Peacock, Audible, SiriusXM and The New York Times.
- $200 hotel credit. This can be used on select prepaid bookings (Fine Hotels + Resorts® and The Hotel Collection) when using American Express Travel
- $179 Clear credit
- Walmart+ monthly credit. Cardholders will receive a $12.95 credit (covers the full cost of membership).
- $300 Equinox credit. This is a $25 credit each month
- Global Dining Access by Resy
- The Global Lounge Collection
Our Verdict
Previous best offer was 100k points + 10x on shop small/restaurant purchases. We will add this to our list of the best credit card bonuses.
Back down to normal offers for both schwab cards.
I’ll update as Expired
Is this still a soft pull if you’re already in the Amex Eco-System
So if I currently have 200k mr points will this sub blend with them so they all can be deposited at Schwab for .011 per point?
Man Schwab, can we get some tiers in between $1M and $10M?
Should I do the Schwab or the Morgan Stanley? I’d likely consider the MS long-term over Schwab as I have no assets with Schwab. I’m guessing chasing brokerage bonuses is more valuable than the Schwab $200. If I could park $10M at Schwab, I’d probably choose that one long-term though since they’d pay me to keep it.
If I had $10 million to park at Schwab, I can tell you this much: would not care which credit card was marginally better than another.
Sigh. I’ve never had a personal Plat, yet still getting PUJ for this. (Yet I could go get another NLL Biz Card from another post. Silly)
same here 🙁
Authorized users have not been three for $195 for years! It’s $195 each.
How exactly can you get annual fee waived/reduced?
I have a charles swab investor checking and brokerage acct. ??
Don’t think this is valid anymore (Audible and SiriusXM were deleted from the credit) – “his is a credit of $20 per month and can be used on Peacock, Audible, SiriusXM and The New York Times.”
Does anyone know if they waive the AF for military on this card too?