Delta SkyMiles® Platinum American Express Card review
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Delta SkyMiles® Platinum American Express Card Overview
The Delta SkyMiles® Platinum American Express Card is a smart card to have if you frequently fly with Delta Air Lines. This Delta credit card has a $250 annual fee, but the bonus miles you can rack up by using the card may make it worth it, especially if you travel often and Delta’s your airline of choice.
What are the pros and cons?
- The $250 annual fee may not be worth it if you don’t care as much about obtaining elite status with Delta
- You may be able to get better travel perks, plus have more flexibility, with a general travel credit card
A deeper look into the current card offer
- Rewards: Earn 3X miles on Delta flights and Delta Vacations® purchases, plus on transactions made directly with hotels; 2x miles at U.S. supermarkets and restaurants, including delivery and takeout in the U.S.; 1X miles on all other eligible purchases.
- Welcome offer: 50,000 bonus miles and 5,000 Medallion® Qualification Miles (MQMs) after you spend $3,000 in your first 6 months.
- Annual fee: $250
- Purchase intro APR: N/A
- Balance transfer intro APR: N/A
- Regular APR: 19.49 percent to 28.49 percent (variable)
Current welcome offer
New cardholders can earn 50,000 bonus miles and 5,000 Medallion® Qualification Miles (MQMs) after spending $3,000 in their first six months with the Delta SkyMiles Platinum card. This is a drop from the card’s last bonus offer of 80,000 miles after spending $4,000 in the first six months, but it includes MQMs, which could make it more appealing if you’re after elite status with Delta. Based on Bankrate’s latest mile value estimates, which give Delta SkyMiles an average value of 1.3 cents each, this new bonus could be worth around $650 in Delta travel.
You’ll earn Delta SkyMiles with every purchase, and you can redeem them for flights and more.
Earn rewards by using your Delta SkyMiles Platinum American Express Card on any purchase. Earn 3X miles on Delta Vacation purchases, Delta flights and hotel bookings (made directly with the hotel). Plus, you can earn 2X miles at U.S. supermarkets and restaurants, including delivery and takeout in the U.S. All other eligible purchases will net you 1X miles.
There are numerous options for redeeming your Delta SkyMiles. First and foremost, of course, is booking flights with Delta or its travel partners. Simply select “Shop With Miles” when searching for flights on delta.com. You can also redeem SkyMiles toward Delta Sky Club memberships and purchases (including drinks within each lounge), seat upgrades, Delta Vacations packages, gifts, donations to charity, magazine subscriptions, special event SkyMiles Experiences and SkyMiles Marketplace purchases.
If you’re eligible, you can also enroll in Amex Offers to earn additional rewards and credits with partner merchants.
How much are miles worth?
Delta doesn’t maintain a fixed award chart, meaning that the amount of miles it charges for a given ticket varies depending on the flight’s time of year, distance and airline(s) involved. Through this method, Bankrate’s latest valuation estimates that each Delta SkyMiles is worth 1.3 cents on average.
However, using the Pay with Miles feature allows you to pay for a portion of your eligible airfare with miles that do offer a consistent value. You can put miles toward your flight in 5,000-mile increments for a $50 discount — meaning your miles are worth 1 cent each this way.
Key cardholder perks
In addition to helping you save on flights, there are other Delta Platinum Amex benefits for travelers.
- Get your first checked bag free when you fly Delta flights
- Receive Main Cabin 1 priority boarding on Delta flights
- Get a domestic Main Cabin round-trip companion ticket every year upon renewal of your card (not valid for flights outside the continental United States; applicable fees apply)
- Get an up to $185 value toward Global Entry and TSA PreCheck via application fee credits — an up to $100 statement credit for Global Entry application fees by applying through any Authorized Enrollment Provider, which gives you access to TSA PreCheck at no additional cost (an $85 value in application fees)
- Get access to the Delta Sky Club for $39 per person when traveling on a Delta flight
- Earn up to 20,000 Medallion® Qualification Miles (MQMs) with Status Boost® per year. After you spend $25,000 in purchases on your card in a calendar year, you can earn 10,000 MQMs two times per year, getting you closer to Medallion® Status. MQMs are used to determine Medallion® Status and are different from miles you earn toward flights.
- Get 20 percent back on in-flight purchases of beverages, food and headsets
The card also provides trip delay insurance, car rental damage and loss insurance, baggage insurance and a 24/7 Delta Platinum global assist phone hotline.
Get purchase protection on covered purchases for up to 90 days from the purchase date as well as an extended warranty for warranties of five years or less on covered purchases.
Get access to exclusive ticket presales and cardmember-only events like concerts, sporting events and Broadway shows through American Express Experiences.
Rates and fees
The Delta SkyMiles Platinum American Express Card has a 19.49 percent to 28.49 percent variable APR, so be wary if you think you may carry a balance. The annual fee is $250 for this card, which means if you don’t take advantage of any of the card’s perks and only relay on rewards earned via spending to offset the annual fee, you’ll need to spend around $6,400 in your 3X categories every year to break even at the 1.3-cent-per-mile Bankrate value (about $695 per month if redeemed via Pay with Miles). That’s a lot to spend just to cover the annual fee, so how much you value the card’s perks will be key in determining whether it’s worth it for you.
There is no foreign transaction fee or over-limit fee. Penalty fees for late and returned payments are up to $40.
How the Delta SkyMiles Platinum American Express Card compares to other travel cards
The Delta Skymiles Platinum American Express Card has plenty of perks, but the value of those benefits isn’t the same for everyone. If you’re loyal to Delta, and you want rewards that you can easily use on tickets, then this is a great card for you. But if you’re looking for more flexible rewards that can be used for a broader range of hotel and airfare expenses, then it might not be your best option.
Delta Skymiles Platinum American Express Card vs. Citi / AAdvantage Platinum Select World Elite Mastercard
Depending on where your airline loyalty lies, you may be better served with other airline-specific cards. The Citi® / AAdvantage® Platinum Select® World Elite Mastercard®, for example, provides benefits to American Airlines frequent flyers. These include 50,000 bonus miles after making $2,500 in purchases within the first three months of account opening and 2X miles on eligible American Airlines purchases and transactions made at restaurants and gas stations. Plus, there’s no annual fee for the first 12 months. After that, it’s only $99.
Delta Skymiles Platinum American Express Card vs. Chase Sapphire Preferred Card
If you want travel benefits but don’t want to be tied to one airline, the Chase Sapphire Preferred® Card credit is for you. The card has an annual fee of $95, but the 60,000 bonus points after making $4,000 in transactions within the first three months are worth up to $750 when redeemed for travel through the Chase Ultimate Rewards portal. You also get 5X points on travel purchased through Chase Ultimate Rewards, 3X points on dining and 2X points on all other travel purchases. Plus, you’ll earn 25 percent more value on travel purchases through Chase Ultimate Rewards.
Best cards to pair with the Delta SkyMiles Platinum American Express Card
If you’re a Delta loyalist, this very well may be a great addition to your wallet since you can rack up points on flights and hotel purchases. But if you’re not particularly loyal to Delta, it could make sense to hold another airline credit card, or a travel rewards card that earns transferable points for more flexibility.
To maximize all your purchases, and especially ones that don’t fall into the travel, grocery stores and restaurants category, you might look into getting a cash-back credit card with no annual fee like the Discover it® Cash Back. It awards you with 5 percent cash back on rotating categories each quarter you activate (on up to $1,500 in combined spending and then 1 percent), plus a Cashback Match bonus which automatically matches all the cash back you’ve earned at the end of your first year.
Bankrate’s take: Is the Delta SkyMiles Platinum American Express Card worth it?
If you fly with Delta at least a couple of times a year, the Delta SkyMiles Platinum American Express Card may be worth the annual fee. The $39 Delta Platinum Amex lounge access and priority boarding alone could make your flights go more smoothly, plus the waived checked bag fee for the first bag on each flight is another nice perk.
But depending on the airlines you like to fly with, you may be better off getting a more versatile travel rewards credit card. If your spending habits are more focused on non-travel categories, a cash-back credit card with no annual fee may be a better fit.
For rates and fees of the Delta SkyMiles Platinum, please click here.
Eligibility and Benefit level varies by card. Terms, Conditions and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by Amex Assurance Company.
The information about the Citi® / AAdvantage® Platinum Select® World Elite Mastercard® has been collected independently by Bankrate.com. The card details have not been reviewed or approved by the card issuer.