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Top Morgan Stanley Clients Can Get a Free Amex Platinum Card

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Morgan Stanley’s best customers will soon be eligible to get the Amex Platinum card‘s $450 annual fee waived. The bank is expected to unveil a digital cash-management offering for clients in July that will include perks like this one, among other financial services.

The catch is that you must have more than $1 million invested with Morgan Stanley in order to have the fee waived. You’ll also have to maintain a minimum direct deposit or cash balance and use the bank’s other services before you’ll have the fee covered. Of course, this probably concerns just a few clients, but it’s definitely worth a look if you’re an eligible member of this category.

The Amex Platinum has some of the best perks around for cards available to the general public, including lounge access, complimentary Global Entry and PreCheck and other useful travel perks.

H/T: Bloomberg

The Platinum Card® from American Express

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  • Get 40,000 points after you use your new Card to make $3,000 in purchases in your first 3 months.
  • $200 Airline Fee Credit. Up to $200 a year in baggage fees and more at one airline.
  • There are no foreign transaction fees with your Platinum Card.
  • Enroll to enjoy the benefits of complimentary Hilton HHonors™ Gold Status.
  • Get reservations with Platinum Card® Concierge to enjoy an exquisite dining experience with the #AmexPlatinum Dining Program. Learn more.
  • No interest charges because you pay your balance in full each month.
  • Terms and limitations apply.
  • See Rates & Fees
Intro APR Regular APR Annual Fee Balance Transfer Fee Credit Rating
N/A N/A $450 See Terms Excellent Credit