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Hot diggity dog! It looks like anyone with an E*Trade account can now snag the American Express Platinum card from Morgan Stanley. Previously, you needed a Morgan Stanley brokerage account to get this particular version of the Platinum card. The Amex Platinum card already comes with a ton of perks like travel credits and lounge access, but the Morgan Stanley version has a few extra goodies!
So, why should you care? Well, the Morgan Stanley Platinum sweetens the deal with a potential $695 engagement bonus each year. The engagement bonus can be triggered by having a certain amount of assets with Morgan Stanley. Now that you only need a (free) E*Trade account, you'll gain access to the MS Amex Platinum and therefore a shot at getting the annual engagement bonus.
While the engagement bonus might require a bit of financial juggling to unlock (depending on the terms and your assets), simply holding an E*Trade account opens this card's door to everyone. If you've been on the fence about getting a Platinum card, or are already an Amex Platinum cardholder, this could be your chance to score even more value!
Why This Matters for Your Strategy
News in the points-and-miles world moves fast, and promotional changes often have a short window. If this announcement affects a card or program you hold, log into your awardtrail dashboard to check your current benefit usage, bonus progress, and whether a transfer or redemption makes sense right now — before terms change.
As a general rule: transfer points only when you have a specific redemption in mind — transfers are almost always one-way and non-reversible. If you're unsure of the value, check our redemption guides before acting.
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