There are many things that frustrate me about the SkyMiles program, including their lack of transparency and award charts, and the changes they make without notice. However, to me that doesn’t mean you shouldn’t take advantage of these great offers, which are the best offers we’ve seen on the cards.
One good thing about SkyMiles, unlike some other points currencies, is that they have a legitimate “floor” value, in my opinion.
Personally I think redeeming SkyMiles for international premium cabin redemptions still represents the best use of these points. You can redeem 70,000 miles for a one-way business class ticket to Europe, or 80,000 miles for a one-way business class ticket to Asia, for example. However, for those who don’t want to search for this saver space, you can also redeem SkyMiles as cash towards the cost of a Delta ticket.
If you have Delta’s co-branded credit card then you can redeem SkyMiles for one cent each towards the cost of a ticket, in increments of 5,000 miles.
For example, take the below ~$199 ticket between New York and Los Angeles. If you have Delta’s co-branded credit card you could redeem 20,000 miles to cover the cost of the ticket, or redeem 15,000 miles and pay $49.20, etc.
That doesn’t account for the $50 and $100 statement credits (respectively) offered by the card for Delta purchases, which would potentially get you even more value.
Again, there are much better ways to use those miles. I’d still rather redeem them for premium cabin international tickets. However, for those who don’t want to deal with Delta’s lack of award charts, you can at least get a penny per point towards the cost of cash tickets. So assuming you’re able to apply for a Delta Amex card, I’d seriously consider doing so.