
Terms checked 2026-10-26
The Platinum with an escape hatch: cash points out to your Schwab brokerage at 1.1 cents.

By Alex Compton · Last verified
Amex's quiet 1.33 percent travel card, finally folded into Cash Magnet in 2026.
Welcome Bonus
None recorded
Last recorded offer
Spend Requirement
None recorded
Last recorded requirement
Annual Fee
$0
Last recorded · 2.7% FTF
Credit Score
670+
(Good)
Yes. Discontinued. Amex's quiet 1.33 percent travel card, finally folded into Cash Magnet in 2026.
The closest open alternatives we track are the The Platinum Card from American Express Exclusively for Charles Schwab, The Platinum Card from American Express, The Platinum Card from American Express Exclusively for Morgan Stanley. Each links to our full review with its current offer and complete breakdown.
The American Express Blue Sky is no longer open to new applicants. Compare these cards for a similar use.

Terms checked 2026-10-26
The Platinum with an escape hatch: cash points out to your Schwab brokerage at 1.1 cents.

Terms checked 2026-10-19
Travel benefits and statement credits with a substantial annual fee and specific usage rules.

Terms checked 2026-10-23
A no-fee first Additional Platinum Card, with CashPlus savings that depend on your account costs
Dated offer history for this discontinued product.
| Observed | Offer | Requirement | What changed | Evidence |
|---|---|---|---|---|
| 2020-01 | 7,500 | $1,000 in 3 mo | Terms reconfirmedFinal offer before Amex stopped taking applications | Archive record · no attached snapshot |
| 2008-04 | 7,500 | $1,000 in 3 mo | Earliest record7,500 points, 100 dollars toward travel | Archive record · no attached snapshot |
Event-level primary-source attachments begin with the September 2026 verification system. Older records remain visible but are not retroactively presented as evidenced.
Historical record · spot an outdated offer? Report a correction above.
These terms are historical context and are not presented as current.
No statement credits, this card wins on earn rates, not coupons.
Confirm availability and enrollment requirements with the issuer.
Blue Sky was the card Amex never advertised: 1 point per dollar, with 7,500 points wiping 100 dollars off any travel purchase for an effective 1.33 percent. It survived quietly for nearly two decades after its mid-2000s launch, closed to new applicants, until Amex converted the remaining accounts to Cash Magnet in January 2026 and credited out leftover points. A footnote card, but a fondly remembered one.
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