Skip to main content
CardCurator — Rewards Intelligence
Card Comparison

Southwest Performance Business vs The Platinum Card from American Express Exclusively for Morgan Stanley

Side-by-side comparison of fees, rewards, benefits, and transfer partners.

Southwest Performance Business card art
Southwest Rapid Rewards
Southwest Performance Business
Chase
More Info
The Platinum Card from American Express Exclusively for Morgan Stanley card art
American Express Membership Rewards
The Platinum Card from American Express Exclusively for Morgan Stanley
American Express
More Info
Annual Fee
$299/yr
$895/yr
Foreign Fees
None
None
Signup Bonus
80,000 points
Spend $5,000 in 3 months
150,000 points
Spend $12,000 in 6 months
Top Earn Rates
  • Southwest Airlines 4x
  • Rapid Rewards Hotel and Car Rental Partners 3x
  • Social Media and Search Engine Advertising, Internet, Cable and Phone Services 2x
  • Flights (Direct or Amex Travel) 5x
  • Prepaid Hotels (Amex Travel) 5x
  • All Other Purchases 1x
Reward Type
miles
miles
Key Credits
  • WiFi Credit $8
  • Global Entry / TSA PreCheck $100
  • Hotel Credit $300
  • Uber Cash $200
  • Uber One Credit $120
  • +2 more
Card Perks
  • Four Upgraded Boardings Per Year
  • In-Flight WiFi Credits
  • 1,500 Tier Qualifying Points
  • +1 more
  • Centurion Lounge Access
  • Priority Pass Select
  • Fine Hotels + Resorts
  • +2 more
Spend Milestones
  • 1,500 Tier Qualifying Points toward A-List status
    After $10,000 spend
No milestones
Transfer Partners
No transfer partners
  • Flying Blue
  • Delta SkyMiles
  • True Blue
  • Qatar Avios
  • Virgin Atlantic Flying Club
  • +13 more
Open full comparison tool Compare more cards

Common Questions: Southwest Performance Business vs The Platinum Card from American Express Exclusively for Morgan Stanley

Is the Southwest Performance Business or The Platinum Card from American Express Exclusively for Morgan Stanley better for dining?

Neither card offers a specific dining bonus — both earn their base rate on restaurant purchases.

Which has the higher signup bonus in 2026?

Southwest Performance Business currently offers 80,000 pts signup bonus (spend $5,000 in 3 months). The Platinum Card from American Express Exclusively for Morgan Stanley offers 150,000 pts signup bonus (spend $12,000 in 6 months). The Platinum Card from American Express Exclusively for Morgan Stanley has the larger bonus.

Which card is better for international travel?

Both cards charge no foreign transaction fees, making either a solid choice for international travel.

Can I hold both the Southwest Performance Business and the The Platinum Card from American Express Exclusively for Morgan Stanley?

In most cases yes — holding both is allowed and can be a smart strategy for maximizing rewards across different spending categories. Southwest Performance Business is from Chase and The Platinum Card from American Express Exclusively for Morgan Stanley is from American Express, so they're governed by separate bank policies.