Update: This offer for the Delta Reserve® Credit Card from American Express has expired. Learn more about the current offers here.
As Ben/Lucky is shuttling back and forth between China (or as I call it, the spiritual homeland of the Montblanc pen— JUST KIDDING!), posts will be a bit lighter and I’ve volunteered to step in now and then with thoughts on aviation, points and miles from the amateur perspective.
In the interest of full disclosure, I am not getting any commission out of a referral link in this post. I am writing to spread the gospel of the Delta Reserve Credit Card from American Express to those of you who are looking to attain elite status on a legacy airline, but who might not otherwise qualify based on butt-in-seat miles.
To be up front about things, this card is most valuable if you can put $60,000 of spend on a single card in the course of a calendar year. The card still has some real value if you can put $30,000 of spend on the card in a year, but if you don’t think you can meet those annual spend requirements, this card is not for you.
Used strategically, and with a healthy amount of spend over the course of a year, the Delta Reserve card might be the single most valuable card I can think of for a dedicated Delta flyer. Now, to be clear, it’s not the most lucrative card in terms of earning points. And the annual fee is $450 (Rates & Fees), which is substantial.
But, for various other reasons, it may the best card out there if you value elite status on any legacy airline. That it happens to give you status on the best domestic carrier, hands down, is icing on the cake.
You Earn a Ton of Medallion Qualifying Miles
Just by signing up for the Delta Reserve card, you earn 10,000 Medallion Qualifying Miles (MQMs) and 10,000 bonus redeemable miles on your first purchase.
The card then awards you 15,000 Medallion Qualifying Miles (MQMs) for the first $30,000 in annual spend, and an additional 15,000 MQMs for the next $30,000 in spend in any calendar year.
Without even setting foot in a plane, that can earn you Silver Medallion status with 15,000 MQMs to spare in your first year (and since they roll over to the next year, that’s not nothing). Not that you’d want to do this, but if you simply charged $60,000 to your Delta Reserve card each year and never set foot on a plane, you’d actually qualify for Gold Medallion by your third year when you take your rollover MQMs into account.
And of course, if you’re a big spender and own your own business, you could get the Delta Reserve for Business Credit Card and earn an additional 30,000 MQMs from an additional $60,000 of business spend (on top of the welcome bonus MQMs, to boot).
Where this makes the most sense is for flyers like me, who are infrequent travelers but who value the perks that come with elite status. On an average year, I maybe fly 20,000 or 25,000 miles on Delta. With $60,000 in spend, that puts me over 50,000 MQMs and at the Gold Medallion threshold, which is a huge step up from Silver.
…Redeemable Miles, Too
While the Delta Reserve card doesn’t offer bonus miles on any categories other than purchases made directly with Delta (where you earn double miles), you earn a 15,000 redeemable mile bonus on top of the 15,000 MQM bonus at the $30,000 and $60,000 thresholds. So, roughly speaking, you’ll earn 45,000 redeemable miles for your first $30,000 in spend (potentially more, if some of that spend was on Delta), and an additional 45,000 redeemable miles for the next $30,000.
You Don’t Have to Worry about Medallion Qualifying Dollars
Delta’s Medallion program doesn’t just require that you fly a targeted number of MQMs a year to qualify for a given tier of Medallion status, but also that you spend a targeted amount of money with Delta (what they call “Medallion Qualifying Dollars,” or MQDs).
We can discuss the merits of this another time. No one was thrilled to see MQDs arrive (except for the copycats at United). But MQDs do succeed in “thinning the herd” a little. And with the Delta Reserve card (or, really, any Delta co-branded credit card), that puts you at an advantage.
The MQD requirement is waived when you spend $25,000 a year or more on your Delta co-branded credit card. That means that if you’re specifically using your Delta Reserve card to hit MQM thresholds, you needn’t even worry about the MQD requirement. It’s waived.
You Get a Free Companion Ticket… In Any Class
For me, this is another huge benefit the Delta Reserve card offers which adds value: every anniversary, you get a companion certificate which can be used for domestic economy or domestic first (excluding flights to Hawaii).
There are some restrictions: the ticket has to be roundtrip and all in the same fare class, and few changes are allowed once the tickets are issued; if you have to cancel or change your companion’s ticket later, the companion certificate is voided. And when you search for companion fares, the companion-eligible fare you see is not always going to be the lowest fare.
It’s incredibly valuable when it does work. And it often does work. You may have to search for dates or times that yield the best value, but I’ve seen first class fares from LAX to New Orleans price out lower at $750 (for two tickets, mind you) and fares between Seattle and LAX pricing out well below that.
I’ve seen transcontinental fares between LAX and, say, Boston around the $1,000 mark. Companion fares on Delta One between LAX and SFO and JFK can regularly had between $1,200 and $1,700 total: that’s a screaming deal if you want to buy two tickets on a very premium product between California and New York.
Of course, now and then you can do a search and see a companion ticket price out at $11,000 or more. Don’t be discouraged. Keep searching and look for the sweet spot.
Companion certificates can be used for coach fares, as well, which may not always be the most aspirational redemption but which can sometimes prove useful.
Plus The Usual Roster of AmEx Benefits
A lot of these benefits are redundant with the benefits you’ll get if you already have the American Express Platinum Card, but it’s worth pointing out you get:
- Access to Delta SkyClubs when you’re flying Delta (note this benefit is for the cardholder only)
- No foreign transaction fees
- Travel accident insurance
- Global Assist hotline access
- Car rental loss and damage insurance
- Baggage insurance
- A free checked bag
- “Priority boarding” (but still behind pre-boards, First Class, and Medallions)
- 20% savings on inflight purchases
None of these are in and of themselves reasons to apply for the card (although SkyClub access is valuable, especially as SkyClubs have gotten nicer and the food and beverage selections have expanded), but the added perks are helpful in any event.
I’m sure I’m in the minority here for choosing to put the bulk of my annual spending on a card that doesn’t offer me bonus miles for certain categories of spending (other than on Delta, and even then, 2x is not especially eye-popping). But for me, since I don’t personally fly the requisite number of butt-in-seat miles to qualify for high level elite status, the Delta Reserve card is extremely valuable because it gives me a fast track to Medallion status.
Maybe that’s ideal for you, too. As Ben will never hesitate in pointing out, SkyMiles are (for most uses) “worth less” than AAdvantage miles or MileagePlus miles. But to me, the Delta inflight product is vastly superior. In my experience, Delta treats its Medallions extremely well (and hey, your mileage may vary, and probably will). Using a card to spend my way to easier upgrades, free companion first class tickets and the dedicated customer service that comes with Medallion status is a no-brainer.
The information for the Delta Reserve Credit Card from American Express has been collected independently by One Mile at a Time. The card details on this page have not been reviewed or provided by the card issuer.
The following links will direct you to the rates and fees for mentioned American Express Cards. These include: Delta Reserve® Credit Card from American Express (Rates & Fees).