Update: Annual fee has now been increased to $695.
The Offer
Direct link to offer (need to be logged in)
- American Express is offering increased bonuses on the Charles Schwab & Morgan Stanley Platinum cards.
- 100,000 points after $6,000 in spend
- 10x points per $1 spent when you Shop Small in the U.S. and restaurants worldwide on up to $25,000 in spend within your first six months month
You can find which establishments are considered Shop Small using this map locator from AmEx. There might be some creative places like Fluz that you’ll find as well.
Card Benefits
$550 annual fee$695 annual fee- $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
- $300 Equinox credit. This is a $25 credit each month
- Global Dining Access by Resy
- The Global Lounge Collection
- 5x MR on Air and prepaid hotels (up to $500,000 per calendar year)
Our Verdict
Annual fee on these cards hasn’t been increased on these cards to $695, but I suspect that will happen at some stage. Think these are the highest offers on these cards that we have ever seen. The 100,000 offer is great, even better if you can take advantage of the 10x as well. Obviously $550 annual fee is huge, so you’ll need to decide if you can take advantage of the card benefits to help offset that. For a lot of people it’s worth getting for the bonus and then ditching it after that.
Hat tip to US Credit Card Guide
