American Express Gold Delta SkyMiles Credit Card Increased 60,000 Point Offer (Expires 4/11/18)

The Amex Gold Delta SkyMiles card currently has an increased offer of 60,000 miles. Earn 50,000 miles when you spend $2,000 within the first three months, and an earn an additional 10,000 miles after spending an additional $1,000 within the first six months. You'll also receive a $50 statement credit for a Delta purchase.

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American Express Gold Delta SkyMiles

  • Annual fee: $95, waived the first year
  • Sign-up bonus: 50,000 bonus miles after $2,000 in spend within the first three months, plus 10,000 after an additional $1,000 in spend within the first six months
  • Earn 2x points on Delta purchases, 1x on everything else
  • Earn a $50 statement credit after you make a Delta purchase within the first three months
  • First checked bag free
  • Priority boarding
  • No foreign transaction fees
  • Offer expires: 4/11/18

Some data points have suggested that buying $50 Delta gift cards on a desktop trigger the statement credit.

Amex Gold Delta SkyMiles Signup Bonus Value

Delta SkyMiles are usually valued at 1.2 cents per point.

Signup bonus #1 = 50k after $2,000

  • 50k * 1.2 CPP = $600 in value
  • $600 / $2,000 spend = 30% return on spend

Signup bonus #2 = 10k after $1,000

  • 10k * 1.2 CPP = $120
  •  $120 / $1,000 = 12% return on spend

When you combine the both spend requirements to get the full 60,000 points, the return on spend is 24%.

Blended signup bonus = 60k after $3,000

  • 60k * 1.2 CPP = $720 in value
  • $720 / $3,000 spend = 24% return on spend

 Amex Platinum Delta SkyMiles vs. Amex Gold Delta SkyMiles

The main difference between the two is that the Platinum card comes with MQM's and a companion certificate upon card renewal, and the Gold doesn't.

Main differences for Platinum

  • 10,000  Delta SkyMiles = $120 in value
  • $195 annual fee (in year 1)
  • $50 statement credit
  • 10,000 MQM's
  • Companion certificate upon card renewal

If you value the points/statement credit...

  • $195 - $120 - $50 = $25 effective annual fee difference

For most people, the main question is whether it makes sense to pay the $195 annual fee to get an additional 10,000 points + $100 statement credit. Learn more about the Platinum Delta in this post.