Gold Delta SkyMiles® Credit Card from American Express

Gold Delta SkyMiles® Credit Card from American Express – Review

AT A GLANCE

Rating: 4.1

Gold Delta SkyMiles® Credit Card from American ExpressLearn More

Published or updated: August 11, 2016

Learn more about this card and find out how you can apply here.

The Gold Delta SkyMiles® Credit Card from American Express is a popular travel rewards credit card with a $95 annual fee and a solid Delta airline rewards program that favors regular Delta flyers who earn rewards fast enough to neutralize the annual fee. All Delta purchases, including airfare and incidentals, earn an unlimited 2 SkyMiles rewards points per $1 spent. All other purchases earn an unlimited one SkyMile per $1 spent. You can redeem accumulated SkyMiles for Delta airfare, select merchandise available at the SkyMiles Marketplace, and other goodies.

Gold Delta SkyMiles’s direct competitors include general purpose annual fee travel credit cards such as Capital One Venture Rewards, Barclaycard ArrivalPlus, and Chase Sapphire Preferred. It also competes with annual fee airline-, hotel-, and vendor-specific cards such as Chase United MileagePlus Explorer, Expedia+ Voyager, Citi/AAdvantage World MasterCard, Chase Marriott Rewards Premier Card, Starwood Preferred Guest Card from American Express, and Citi Hilton HHonors Visa Signature, among others.

Key Features

  • Sign-up Bonus: You earn 30,000 Delta SkyMiles when you spend at least $1,000 within 3 months of account opening. That’s reliably worth $225 in Delta airfare, and often more (depending on point-to-dollar conversion rates, which can range up to $0.02 per SkyMile). Also, if you purchase a Delta flight with your card within 3 months of account opening, you get a $50 statement credit. All told, the combined sign-up bonus for this card is worth at least $275.
  • Delta Rewards and Redemption: You earn 2 SkyMiles per $1 spent on Delta airfare, in-flight purchases, lounge passes, and other incidentals, with no caps or restrictions. All other purchases earn 1 SkyMile per $1 spent, again with no restrictions. Accumulated SkyMiles can be redeemed for Delta airfare, starting at 10,000 miles for domestic economy one-ways and 12,500 miles for more flexible travel dates. Certain travel dates and times may require more miles, depending on season and demand – for instance, it’s likely to cost more to fly to a popular vacation destination on a peak-season Friday than an off-season Tuesday. Airfare redemption point values generally range from $0.005 to $0.02, but can be higher or lower than that range. SkyMiles can also be redeemed in the online SkyMiles MarketPlace for merchandise, gift cards, and experiences (such as performances), typically at conversion rates far below $0.01 per mile. Minimum mileage requirements for merchandise redemptions start around 2,000 and rise from there.
  • Delta Travel Benefits: The Gold Delta SkyMiles card comes with a slew of Delta-specific travel benefits, including a 20% discount on all in-flight purchases; priority boarding (before general boarding); discounted Delta airport lounge (Sky Club) passes for the cardholder and one companion on every trip ($29 versus $59 regular price); and a free first checked bag for the cardholder ($50 value, round-trip).
  • Other Travel Benefits: The Gold Delta SkyMiles card comes with other travel benefits not specific to Delta, including 24/7 global assistance for travelers more than 100 miles from home; 24/7 roadside assistance for all travelers; car rental insurance (loss and damage) when the rental is charged to your SkyMiles card; and travel accident (death and dismemberment) insurance.
  • Regular APR: The regular purchase and balance transfer APR is a variable 15.49%s to 19.49%, depending on your personal creditworthiness and prevailing interest rates. The cash advance APR is 25.49%, and the penalty APR is 29.49%.
  • Important Fees: The $95 annual fee is waived for the first year, and there is no foreign transaction fee. Balance transfers and cash advances both cost the greater of $5 or 3%, while late and returned payments both cost $37.
  • Shopping Benefits: Gold Delta SkyMiles has some useful shopping benefits, including a 12-month extended warranty on any item with an original warranty of five years or less, and purchase protection insurance (good for 90 days from purchase date) for stolen or damaged items.
  • Credit Required: This card requires excellent credit.

Advantages

  1. Unlimited Discounts on Airport Lounge Access. Gold Delta SkyMiles card membership entitles you and one traveling companion to unlimited discounts on Delta Sky Club single visit passes, which are good for one day at one Sky Club location. Cardholders and their companions get passes for $29 per person, compared with $59 per person at full price. Comparable airline rewards cards rarely offer such generous airport lounge deals. For example, Chase United MileagePlus Explorer ($95 annual fee) offers just 2 complimentary passes per year, while British Airways Visa Signature ($95 annual fee) has no lounge privileges at all.
  2. SkyMiles Can Be Valuable When Redeemed for Airfare. SkyMiles can be quite valuable when redeemed for Delta airfare – reliably worth at least $0.075 per mile, often worth $0.01, and sometimes worth as much as $0.02. Keep in mind that point values can vary at redemption, even for the same routes, based on factors such as time, date, season, demand, and more.
  3. In-Flight Discounts. Delta’s across-the-board 20% discount on in-flight purchases is a very nice perk, particularly for travelers craving multiple refreshments or entertainment opportunities on longer flights. Alaska Airlines Visa Signature ($75 annual fee) and Chase United MileagePlus Explorer don’t offer such discounts.
  4. No Foreign Transaction Fee. The Gold Delta SkyMiles card doesn’t have a foreign transaction fee, which is always nice for frequent overseas travelers. The Expedia+ Card from Citi does have a foreign transaction fee – a pesky 3% of the total transaction amount.
  5. Points Never Expire. As long as your account remains open and in good standing, the SkyMiles you accumulate with this card never expire. Many airline and hotel rewards credit cards, including British Airways Visa Signature, require you to earn or redeem points after a certain amount of time (often a year) has elapsed.

Disadvantages

  1. Charges an Annual Fee. This card comes with a $95 annual fee, which sets it apart from fee-free travel rewards cards such as Expedia+ from Citi, Discover it Miles, and Capital One VentureOne Rewards.
  2. Has a Penalty APR. If you accidentally miss a payment or two with this card, the 29.49% penalty APR is apt to bite you. British Airways Visa Signature and Chase United MileagePlus Explorer cardholders don’t have this problem.
  3. Low Point Values for Non-airfare Redemptions. When it comes time to redeem your accumulated SkyMiles, Delta airfare is far and away offers the best bang for your buck. The general merchandise and gift cards available at the SkyMiles Marketplace often sell for 2 to 3 SkyMiles per $0.01 – in other words, SkyMiles are worth just $0.003 to $0.005 here. By contrast, one-way economy flights (which often cost $100, $200, or even more) start at 10,000 points. The SkyMiles MarketPlace’s unfavorable redemption rates render Delta’s rewards program more restrictive than necessary. If you’re seeking a travel rewards credit card that lets you redeem for a wide range of items at more favorable rates, try Chase Sapphire Preferred, Discover it Miles, or Capital One Venture Rewards instead.
  4. Non-Delta Purchases Have Limited Earning Power. If you use this card for general, everyday spending, you won’t rack up the rewards very quickly. Only Delta purchases earn more than 1 SkyMile per $1 spent, raising the investment (both in terms of time and money) necessary to earn a free flight. By contrast, Barclaycard Arrival World MasterCard earns an unlimited 2 points per $1 spent on dining and entertainment purchases. Barclaycard Arrival Plus World MasterCard ($89 annual fee) earns an unlimited 2 points per $1 spent on all purchases.
  5. No Automatic Status Levels or Upgrades. Gold Delta SkyMiles card membership doesn’t entitle you to any special loyalty status levels, which typically come with valuable perks such as discounts at partner hotels and accelerated point earnings. The Expedia+ Voyager Card from Citi ($95 annual fee) automatically entitles you to Expedia Gold status, which comes with a 30% point bonus on all purchases and free hotel room upgrades when available.

Final Word

Thanks to the SkyMiles MarketPlace, Delta and American Express can honestly claim that their customers can redeem accumulated SkyMiles for much more than Delta airfare. Plenty of other airlines and airline rewards card issuers offer equivalent deals on merchandise and experiences too. However, the devil is in the details – or, rather, the pricing. The SkyMiles MarketPlace dramatically inflates its merchandise’s point costs, charging double or triple what you’d expect to pay at Amazon or in a brick-and-mortar retail store.

Fortunately, Gold Delta SkyMiles’ airfare redemption rates meet or exceed standards set by the competition. If you’re looking for solid deals on Delta airfare, the Gold Delta SkyMiles® Credit Card from American Express is your card. If you want to use your earned rewards to buy things you can use on the ground, look elsewhere.

Learn more about this card and find out how you can apply here.

  • Cgonzalez71

    This card is my first miles credit card. The American Express agents at the airport lie to me telling me that I get credit miles for my past trips within 9 months. THEY JUST WANT YOUR BUSINESS AND THEY LIE TO GET TO APPLY FOR IT at the moment. Detal doesn’t give you credit for previous trips. BECAREFUL WITH AGENTS LIKE THAT! They should improve they customer tactics.

  • FLA

    Beware – you might not receive the “bonus” miles (make sure to read all the documents) and your baggage won’t be covered by the card if damaged. It seems they specialize in scams!

  • LGF.

    BEWARE of DECEPTIVE ADVERTISING: I was sent an ad for Delta Skymiles Gold AMEX card that stated I was eligible for 30,000 miles if I charged $2000 in the first 3 months. Nothing was said when I applied about not being eligible if you had EVER held a Delta Gold card previously. I got the card and charged the required amount but did not see miles appearing on my account. I called and was told they would not be giving the promised miles because I had previously held a Delta Gold card. I told them they should be up front with this information when someone applies since I would not have applied nor charged anything if I had been informed of my non-eligibility.