Morgan Stanley Credit Card

Citylights18 · ‎02-25-2020

In case that you didn't hear the news Morgan Stanley has just announced buying ETrade. Since I have my Roth IRA over at ETrade I will become a Morgan Stanley customer and presumably elgible now for the Morgan Stanley AMEX Credit Card.

When I compare the basic Morgan Stanley AMEX card to AMEX EveryDay card it seems like it has superior 2x earning categories. Plus the ability to move MR points into the IRA. Is it possible to combine MR points from other cards and move them all into an IRA?

Anonymous · ‎02-25-2020

Thanks for sharing!

MrCreditInternational · ‎02-25-2020

I don't know if Morgan Stanly has different rules, but AFAIK all Amex MR points are added to the same place. For example, the Schwab Plat lets you cash MR points for 1.25 cpp regardless of whether you got it fro the Schwab Plat or another Amex card.

Current open cards:
Schwab Amex Platinum (NPSL); Amex Gold (NPSL); HH Aspire ($31,700); Amex BBP ($27,000); HSBC Premier WMC ($21,500); USB Altitude Reserve ($20,000); USB Altitude Reserve ($10,000); WF Bilt MC ($9,400); Chase Freedom ($7,300), BofA Premium Rewards ($5,000); Apple Card ($4,750); BofA Alaska Visa ($4,200); USB Altitude Go ($1,000)

Started collecting cards: Oct/2018

Anonymous · ‎02-26-2020

Personally, as an Etrade customer, I would like to see a more reasonable CC (ie no AF) introduced to compete w/ Schwab and Fidelity cards.

Of course after posting this I found they do have a no AF Amex;

https://www262.americanexpress.com/dapply/partner/msb/msb-ms-1/cshop/cshome#/cshop

AverageJoesCredit · ‎02-26-2020

They should take The NHL away from Discover @Anonymous wouldnt mind

Anonymous · ‎02-26-2020

@MrCreditInternational wrote:
I don't know if Morgan Stanly has different rules, but AFAIK all Amex MR points are added to the same place. For example, the Schwab Plat lets you cash MR points for 1.25 cpp regardless of whether you got it fro the Schwab Plat or another Amex card.

But the no AF Schwab Amex is a CB product, while the no AF Morgan Stanley is MR.

Anonymous · ‎02-26-2020

@AverageJoesCredit wrote:
They should take The NHL away from Discover @Anonymous wouldnt mind

@AverageJoesCredit essques me? i don't think so. Not that i would get rid of Disco, but i did the Ameriprise Platinum, so a Morgan Stanley one has no interest either. Morgan Stanley couldn't hold Lord Stanley's cup.. pun intended-ish