Thursday 8 March 2012

American Express and Morgan Stanley Announce New Co-brand Cards Created Exclusively for Morgan Stanley Smith Barney Clients

American Express and Morgan Stanley Announce New Co-brand Cards Created Exclusively for Morgan Stanley Smith Barney Clients
NEW YORK, March 8, 2012 --

American Express and Morgan Stanley today launched two new co-branded Cards: The Morgan Stanley Credit Card from American Express and The Platinum Card® from American Express exclusively for Morgan Stanley.

The new Cards offer exclusive benefits for Morgan Stanley Smith Barney clients with eligible brokerage accounts(1) and access to American Express' award-winning customer service and Membership Rewards® program. Key features include:

The Morgan Stanley Credit Card from American Express(2)
The Platinum Card from American Express Exclusively for Morgan Stanley(2)
10,000 Membership Rewards points after spending $1,000 within 3 months of opening a Card account50,000 Membership Rewards points after spending $1,000 within 3 months of opening a Card account
Additional Cards at no annual fee One Additional Card at no annual fee
1X Membership Rewards point for all eligible purchases1X Membership Rewards point for all eligible purchases
$0 Introductory offer for first year, then $95 annual fee Access to Airport Clubs, $200 Airline Credit, no foreign exchange fees and access to Platinum Card® Concierge
Annual fee of $450

"These new cards advance our commitment to serving our clients' wealth management needs, including investment, credit and cash management, in a comprehensive fashion. We are delighted to partner with American Express, a true leader in the field, to offer clients a convenient way to enjoy superior service combined with an exceptional rewards program," said Shelley O'Connor, Head of the Morgan Stanley Private Banking Group.

"This is an important collaboration for our Consumer Services business and we are pleased to welcome Morgan Stanley to our growing family of partners," said Gunther Bright, executive vice president and general manager, business development and partnerships, American Express. "The benefits, rewards and experiences we're offering through our new Cards reflect the premium value of our brands and our long heritage of award-winning service."

Membership Rewards Program from American Express
Cardmembers are automatically enrolled in the Membership Rewards program and can redeem points for rewards including: vacations, tickets to concerts, the latest gadgets and gift cards to many of their favorite stores. Cardmembers have the option to transfer points directly into many airline frequent-flier programs for award seats or use the Pay with Points feature to book any seat, anytime, on any airline with no blackout dates or other restrictions.

Points have no expiration date, and there is no limit on the number of points a Cardmember can earn. Cardmembers will have an opportunity to earn Membership Rewards points by adding Additional Cards to their account for members of their family or trusted household.

To view jobs in the card and payment industry, go to http://www.cardandpaymentjobs.com

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