Gold Delta SkyMiles® Business Credit Card Review - Business

Issued by American Express

The Gold Delta SkyMiles® Business Credit Card, issued by American Express®, is designed for businesses with good credit who would like to earn free travel for business-related expenses and travel regularly on Delta Airlines.

Cardholders receive one mile for every dollar spent on general purchases and two miles for every dollar spent at supermarkets, drugstores, gas stations, home improvement and hardware stores, the U.S. Postal Service, on wireless phone bills, and on Delta Air Lines purchases. Cardholders earn 15,000 bonus miles upon their first purchase, and they receive an additional 5,000 bonus miles each for reaching $15,000 and then $25,000 in purchases annually. Cardholders also receive 1,000 bonus miles for each approved additional cardholder submitted with the application for up to five additional cards. Miles do not have an expiration date (if the account is active within a two-year period), and a yearly limit of $100,000 in eligible spending applies. Miles earned can be used in conjunction with Delta's frequent flyer program.

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® Business Credit Card. Start redeeming Pay with Miles at 10,000 miles.

Although there is a high annual fee of $95, it is waived for the first year. The APR for purchases and balance transfers is high for a business card and above average for an airline reward card. Therefore, it is not ideal for those who plan to carry a revolving balance. Although there is no introductory APR on purchases, there is a 9.99% APR for the life of the balance on balance transfers submitted during the first six months of membership.

Cardholders can also expect many common benefits and services from the card, such as travel accident insurance, several purchase protection related services, and discounts at participating merchants and retailers. Cardholders receive a savings of 5% for all Delta flights purchased directly from Delta Air Lines, and they will also receive a $99 Companion Certificate every year upon renewing the card.

Therefore, those who will use the card at participating retailers and merchants (to accumulate additional miles) and plan to pay in full each month (to avoid finance charges) will benefit most from what the Gold Delta SkyMiles® Business Credit Card has to offer.

Review Date: June 17, 2008

Terms and Conditions

Note: The review on this card was updated on June 17, 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):	No Introductory Rate Available
Purchase APR:	Prime + 9.99% (Variable) The APR for purchases is based on the Prime Rate.
Cash APR:	19.99% (Variable) The APR for cash advances is based on the Prime Rate. There is a minimum APR on cash advances.
Finance Configuration:	Average Daily Balance (including new purchases)

Credit Card Fee Details
Annual Fee:	$95**
Annual Fee Details:	**The annual fee will be waived for the first year. Thereafter, the fee is $95.
Additional Cardholders:	$0
Grace Period:	20 Days
Late Payment Fee:	$19 if balance is less than $400; $38 if balance is $400 or more
Over the Limit Fee:	$35
Cash Advance Fee:	3%, $5 minimum for Express Cash transactions
Balance Transfer Fee:	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.
Maximum Credit Limit:	$50,000

Credit Card Reward Program Details (Mile)
Miles per Dollar:	1 Mile
Additional Miles:	Earn 2 miles per dollar spent at supermarkets, gas stations, drug stores, home improvement and hardware stores, the U.S. Postal Service, on Delta Airlines purchases, and when paying wireless phone bills.
Mile Details:	None
Expiration:	2 Years (Miles do not expire as long as the account is active during a 2-year period.)
Yearly Limit:	$100,000 in annual spending not including bonus miles.
Bonus Approval:	5,000 Miles***
Bonus First Purchase:	15,000 Miles
Bonus Details:	*Receive 1,000 bonus miles for each approved additional cardholder submitted with this application for up to 5 additional cards. **Receive 5,000 miles when the annual spending on the card reaches $15,000 or more, and receive an additional 5,000 miles when the annual spending reaches $25,000 or more in that same calendar year.
Frequent Flyer Compatible:	Yes

Features
Most Attractive Feature(s):
Bonus miles; double miles at participating retailers (including Delta Air Lines); 0% introductory APR on purchases for six months.
Least Attractive Feature(s):
High annual fee.
Additional Features:
Various Internet account related services. Extended warranty for purchases. Auto rental insurance. Purchase protection. Emergency card replacement. Travel accident insurance. Emergency check-in service. Discounts on products and services at participating merchants and retailers. Automatically save 5% on all Delta flights purchased directly from Delta Air Lines. Receive a $99 Companion Certificate every year upon card renewal. The cardholder's Delta SkyMiles number is printed on the card. Access to OPEN: The Small Business Network services. See website for additional benefits.

Important Notations
A 9.99% APR is available on balance transfers for the life of the loan if a transfer is submitted during the first six months. Card is currently unavailable to residents of Puerto Rico. See website for complete terms and conditions of card usage and application disclosure.

Additional Information
Apply Online for the Gold Delta SkyMiles® Business Credit Card from American Express See other Business Credit Cards See other American Express Credit Cards