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Morgan Stanley now has annual fee

orjd2005
orjd2005 Posts: 4 Newbie
in Credit cards
Hi everyone,

I have had a morgan stanley platinum card for over 2 years and and had a note with my statement that from the first on June that they will introduce a £20 annual fee. This is not good!!!!

What is the next best card with VISA or matercard as I already have a AMEX?? Martin you should notify people in your nect e-mail!!

Many thanks
Olly

Comments

  • aj3001
    aj3001 Posts: 730 Forumite
    Their website states no annual fee and I have am with them and have not recieved this notice

    I know they dont like people with their old credit cards, a few people on the board have basically been pushed out
  • ey_up
    ey_up Posts: 310 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    I got the notice too with my last statement. Have only spent £4500k on the card in the last 12 months so guess they not getting enough cash in fees off me. Time to switch cards I think.
  • reehsetin
    reehsetin Posts: 4,916 Forumite
    1,000 Posts Combo Breaker
    !!!!!!, applied for one of these a couple of days ago, didnt mention a fee - if they do i will cancel
    Yes Your Dukeiness :D
  • Inactive
    Inactive Posts: 14,509 Forumite
    Indeed, nothing on their website, nor have I received any information.

    They must give 30 days notice of any change.
  • jwruk
    jwruk Posts: 205 Forumite
    I got the same letter, not suprised in my case as I only carry their Mastercard in case I end up being unable to use Visa as payment so I rarely use their Mastercard. They are offering 0% on purchase for a month or so at the same time the fee comes in.

    Just need to find a new Mastercard deal that has no fee and a provider that doesn't mind the fact that the card only gets used once every 6 months and never has an outstanding balance.
  • Heinz
    Heinz Posts: 11,191 Forumite
    Part of the Furniture Combo Breaker Car Insurance Carver!
    ey_up wrote: »
    Have only spent £4500k on the card in the last 12 months so guess they not getting enough cash in fees off me.
    Wow!

    Four and a half million pounds - now I wouldn't have said 'only spent' if I'd spent that much!
    Time has moved on (much quicker than it used to - or so it seems at my age) and my previous advice on residential telephony has been or is now gradually being overtaken by changes in the retail market. Hence, I have now deleted links to my previous 'pearls of wisdom'. I sincerely hope they helped save some of you money.
  • Hazzanet
    Hazzanet Posts: 1,725 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Fee applies to their "Classic" card NOT the PLATINUM. Panic not.

    This was confirmed to me by their call centre yesterday.
    4358
  • Inactive
    Inactive Posts: 14,509 Forumite
    Hazzanet wrote: »
    Fee applies to their "Classic" card NOT the PLATINUM. Panic not.

    This was confirmed to me by their call centre yesterday.


    Breathes a sigh of relief.. ;)
  • judderman62
    judderman62 Posts: 5,134 Forumite
    I'm with MS (Platinum too) and recently got my statement - no mention of a fee :confused::confused:
    orjd2005 wrote: »
    Hi everyone,

    I have had a morgan stanley platinum card for over 2 years and and had a note with my statement that from the first on June that they will introduce a £20 annual fee. This is not good!!!!

    What is the next best card with VISA or matercard as I already have a AMEX?? Martin you should notify people in your nect e-mail!!

    Many thanks
    Olly
    Hate and I do mean Hate my apple Mac Computer - wish I'd never bought the thing
    Do little and often
    Please stop using the word "of" when you actually mean "have" - it's damned annoying :mad:
This discussion has been closed.
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