Update: This offer for the Platinum Delta SkyMiles® Credit Card from American Express has expired. Learn more about the current offers here.
While Delta SkyMiles aren’t my favorite mileage currency, at a minimum, SkyMiles can be redeemed for a penny each towards the cost of a Delta ticket. However, you should be able to do much better than that by redeeming for premium cabin international tickets.
One big aspect of the cards’welcome bonus that’s easily overlooked is the $50 statement credit with the Gold Delta SkyMiles Card, and the $100 statement credit with the Platinum Delta SkyMiles Card. These credits can be triggered as long as you make any Delta purchase within the first four months.
The great thing about this offer is that it doesn’t matter how big of a purchase you make. If you book a Delta award ticket and pay just a few dollars in taxes and put it on the card, you’d get the full $50-100 statement credit, depending on which card you have.
If you don’t have an immediate Delta purchase in mind, it’s a no brainer to purchase a Delta eGift card, which can be purchased for just $50. So buying a $50 Delta gift card would trigger a $50 statement credit on the Gold Delta SkyMiles® Credit Card from American Express, or a $100 statement credit on the Platinum Delta SkyMiles® Card from American Express. That’s pretty awesome. These gift cards don’t expire, so you can always buy them now and surely will find a use for them eventually.
This statement credit should be factored in when valuing the overall welcome bonuses. For many this credit will be good as cash, while for others it will be an opportunity to buy a $50 Delta gift card to use at a later time, or otherwise to pay the taxes on an award ticket. A $50-100 statement credit is pretty substantial, so you can potentially make money on this part of the welcome bonus.
This is another reason to consider these cards.