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Gold Delta SkyMiles® Credit Card from American Express Review
Issued by American Express
  
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Overall Rating:
Benefit Rating:
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The Gold Delta SkyMiles® Credit Card, issued by American Express, is designed for those who frequently travel using Delta Airlines.
Cardholders receive one mile for every dollar spent on general purchases and two miles for every dollar spent at participating retailers and merchants (including Delta Airlines related purchases). Additionally, 20,000 bonus miles are awarded to new applicants with their first purchase, and 5,000 bonus miles are awarded for two approved additional cards submitted with this application.
Miles do not have an expiration date (if travel is made through Delta Airlines at least once every three years); however, after the cardholder reaches $100,000 in annual spending, only one mile will be awarded per dollar spent.
Cardholders will also have access to the exclusive Pay with Miles benefit. Through Pay with Miles, cardholders can pay for a portion or all of their airfare with miles and put any remainder of miles back on the Gold Delta SkyMiles® Credit Card. Start redeeming Pay with Miles at 10,000 miles.
The annual fee will be waived for the first year. After that time the annual fee is $95; however, for those who already have an American Express® Charge Card the fee is reduced to $40. The standard APR for purchases is above average for an airline reward card and not ideal for those who plan to carry a revolving balance. There is an introductory rate of 9.99% offered for balances transferred during the time of application, which applies for the life of the loan.
In addition to the reward program, the card offers many of the common benefits and services provided by American Express®, such as auto rental insurance, travel accident insurance, year-end financial statements, and various purchase protection related services.
Those who can afford to pay in full each month (to avoid finance charges), will use the card at participating retailers and merchants (to earn additional miles), and will be able to accumulate enough miles to redeem a free ticket or other travel related services within a two-year period (especially if paying the $95 annual fee) will benefit most from what the Gold Delta SkyMiles® Credit Card from American Express has to offer.
Those who are looking for additional frequent flyer benefits may want to consider the platinum card, which comes with a higher annual fee of $135 and has a higher credit qualification requirement.
Cardholders receive one mile for every dollar spent on general purchases and two miles for every dollar spent at participating retailers and merchants (including Delta Airlines related purchases). Additionally, 20,000 bonus miles are awarded to new applicants with their first purchase, and 5,000 bonus miles are awarded for two approved additional cards submitted with this application.
Miles do not have an expiration date (if travel is made through Delta Airlines at least once every three years); however, after the cardholder reaches $100,000 in annual spending, only one mile will be awarded per dollar spent.
Cardholders will also have access to the exclusive Pay with Miles benefit. Through Pay with Miles, cardholders can pay for a portion or all of their airfare with miles and put any remainder of miles back on the Gold Delta SkyMiles® Credit Card. Start redeeming Pay with Miles at 10,000 miles.
The annual fee will be waived for the first year. After that time the annual fee is $95; however, for those who already have an American Express® Charge Card the fee is reduced to $40. The standard APR for purchases is above average for an airline reward card and not ideal for those who plan to carry a revolving balance. There is an introductory rate of 9.99% offered for balances transferred during the time of application, which applies for the life of the loan.
In addition to the reward program, the card offers many of the common benefits and services provided by American Express®, such as auto rental insurance, travel accident insurance, year-end financial statements, and various purchase protection related services.
Those who can afford to pay in full each month (to avoid finance charges), will use the card at participating retailers and merchants (to earn additional miles), and will be able to accumulate enough miles to redeem a free ticket or other travel related services within a two-year period (especially if paying the $95 annual fee) will benefit most from what the Gold Delta SkyMiles® Credit Card from American Express has to offer.
Those who are looking for additional frequent flyer benefits may want to consider the platinum card, which comes with a higher annual fee of $135 and has a higher credit qualification requirement.
Review Date: September 22, 2008
Note: The review on this card was updated on September 22, 2008. The review is believed to be accurate during the update, however, information posted may have changed since the update. We strongly suggest that you carefully read the Terms and Conditions statement that accompanies the credit card application.
| Credit Card Rate Details | |
Intro Rate (Intro APR):
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9.99% APR for Life of Balance Transfers |
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Intro Applied Towards:
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Balance Transfers |
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Additional Intro Details:
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The introductory rate is available on balance transfers submitted during the application process. |
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Purchase APR:
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14.99% (Variable) The APR for purchases is based on the Prime Rate. |
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Cash APR:
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19.99% (Variable) The APR for cash advances is based on the Prime Rate. |
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Finance Configuration:
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Average Daily Balance (including new purchases) |
| Credit Card Fee Details | |
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Annual Fee:
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$95** |
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Annual Fee Details:
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**The annual fee will be waived for the first year. Thereafter, the fee is reduced to $40 for those who are qualified American Express® Cardmembers. |
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Additional Cardholders:
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$0 |
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Grace Period:
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20 Days |
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Late Payment Fee:
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$19 on balances up to $400 and $38 on balances of $400 and over |
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Over the Limit Fee:
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$35 |
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Cash Advance Fee:
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3%, $5 minimum for Express Cash transactions |
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Balance Transfer Fee:
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There is no balance transfer fee associated with this offer. However, future balance transfers may incur a fee as disclosed at the time of the applicable transaction. |
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Maximum Credit Limit:
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$100,000 |
| Credit Card Reward Program Details (Mile) | |
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Miles per Dollar:
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1 Mile |
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Additional Miles:
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Earn 2 miles per dollar spent at supermarkets, gas stations, drug stores, home improvement stores, the U.S. Postal Service, on Delta Air Lines purchases, or when paying wireless phone bills. Earn 1,000 Skymiles with each purchase of a Delta round-trip tic |
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Mile Details:
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For more details, visit www.americanexpress.com/deltaoffers. |
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Expiration:
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3 Years (Miles do not expire as long as the frequent flyer account is active during a 3-year period.) |
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Yearly Limit:
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$100,000 in annual spending (Only 1 mile per dollar spent will be awarded after this limit is reached.) |
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Bonus First Purchase:
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20,000 Miles |
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Bonus Details:
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***Earn 5,0000 bonus miles for two approved additional cards when submitted with application. |
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Frequent Flyer Compatible:
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Yes |
| Features | |
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Most Attractive Feature(s):
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| Double miles at participating retailers (including Delta Air Lines); bonus miles; no annual fee for the first year. | |
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Least Attractive Feature(s):
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| Yearly limit on miles; this card is not eligible for enrollment in the Membership Rewards® Program. | |
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Additional Features:
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| Various Internet account related services. Year-end financial statement. Extended warranty for purchases. Purchase protection. No liability for unauthorized Internet transactions. Access to the Offer Zone for various discounts at participating retailers and merchants. Auto rental insurance. Emergency card replacement. Emergency cash replacement. Medical referral services. Legal referral services. Various travel and emergency assistance services. Up to $100,000 in travel accident insurance. See website for additional benefits. |
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Important Notations
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| Card is currently unavailable to residents of Puerto Rico. See website for complete terms and conditions of card usage and application disclosure. | |
| Additional Information | |
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Apply Online for the Gold Delta SkyMiles® Credit Card from American Express from American Express See other Airline Miles Credit Cards See other American Express Credit Cards |
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