Ep 38 - How to Open the Morgan Stanley Amex Platinum
Episode description
Update on exactly how to open this confusing (but lucrative) card, including new methods involving Preferred Savings accounts, Active Assets Accounts (AAA), CashPlus engagement bonus & fee avoidance, and a walkthrough of two simple options for qualifying 👊😤
- (0:00) - What's the deal with this card?
- (7:11) - tldr: Preferred Savings ftw
- (9:12) - Active Assets Accounts (AAA)
- (10:20) - The magic of Preferred Savings
- (12:31) - Why it's better than Access Investing
- (14:28) - Preferred Savings vs CashPlus
- (17:04) - Should I even open a CashPlus?
- (19:55) - How does AMEX get data from MS?
- (20:38) - Option 1: Preferred Savings + CashPlus (safest)
- (23:50) - Option 2: Preferred Savings only (riskier)
- (25:33) - What we did (riskiest 😁)
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