New 150,000-Point Welcome Offers on Schwab and Morgan Stanley Versions of the Amex Platinum Card

The Platinum Card^® from American Express comes in several versions. You’re most likely familiar with the standard version available from American Express.

However, there’s also the American Express Platinum Card^® for Schwab and The Platinum Card^® from American Express Exclusively for Morgan Stanley. Both cards have elevated welcome offers right now, offering eligible applicants 150,000 bonus points after meeting the introductory spending requirement.

We value these welcome bonuses at an incredible $3,300 each.

Should you consider applying for either of these cards right now? Let’s take a closer look at the details.

Elevated Offers on 2 Amex Platinum Card Versions

Both the Amex Platinum card for Morgan Stanley and the Amex Schwab Platinum card have this elevated welcome offer right now: Earn 150,000 bonus points after spending $12,000 in purchases in the first 6 months from account opening. The end date for this offer is July 8, 2026, on both cards.

That’s a big increase from the standard 80,000-point offer on these cards.

Unlike the “as high as” offer on the standard Amex Platinum card, there’s no guesswork in the offer on these cards. This is a flat-rate welcome bonus, providing 150,000 points to eligible applicants who are approved for the card and meet the spending requirement. You don’t need to start an application and wait to see what your personalized offer is, which is great.

Both cards come with the typical benefits of the Amex Platinum card, along with unique features added on.

Who’s Eligible for These Offers?

On either card, you’ll find application terms stating that you might not be eligible for the welcome bonus if you have the card now or have had it in the past. Additionally, the terms say you might not be eligible if you had the standard Amex Platinum card — past or present — or if you want to apply for the Morgan Stanley version but had the Schwab version in the past, or vice versa.

The terms also say American Express can consider your history with the issuer — such as payments, spending, and welcome bonus offers — to determine eligibility. If you’re ineligible for the welcome offer, a pop-up message will say so. This comes before a hard inquiry on your credit report, and you can choose whether to proceed without a bonus offer attached to your application. If you discard the application at this point, there shouldn’t be any impact on your credit.

Final Thoughts

Eligible applicants for the Amex Schwab Platinum card and the Amex Platinum card for Morgan Stanley can earn a 150,000-point welcome offer. That’s nearly double the standard offer of 80,000 points on these cards.

This offer is available through July 8, 2026, on both cards.