The Delta Platinum card offer has been hiked up to what is likely the largest public offer in years, if not ever. This is a great card offer for those that have never had that particular card before (having had a particular Amex card in the past excludes you from getting the bonus ever again.) If you have never had one of these particular cards before, now may be the time to jump!
Delta Platinum Card Offers
Delta Platinum Personal Card
Link: Delta Platinum Card – Personal Version
- LIMITED TIME OFFER: Earn 70,000 Bonus Miles and 10,000 Medallion® Medallion Qualification Miles (MQMs)
- You must spend $4,000 in purchases on your new Card within your first 4 months.
- In addition, earn a $100 statement credit after you make a Delta purchase with your new Card within your first 4 months.
- Special Offer Expires on 7/5/17.
- Free companion ticket every anniversary year (just pay the taxes)
- Annual Fee $195
Delta Platinum Business Card
Link: Delta Platinum Card – Business Version
- LIMITED TIME OFFER: Earn 10,000 MQMs and 70,000 Bonus Miles
- You must spend $5,000 in purchases on your new Card within your first 4 months.
- In addition, earn a $100 statement credit after you make a Delta purchase with your new Card within your first 4 months.
- Special offer expires on 7/5/17.
- Free companion ticket every anniversary year (just pay the taxes)
- Annual Fee $195
Analysis
These are incredibly strong offers, even with Delta’s continual change of awards to their now non-existent (public) award chart. The good news is that you can still redeem at economy level with great value and there are often award sales that Delta runs that can increase your ability to get more value.
Mile Value
With Delta’s Pay-With-Miles feature, you get 1 cent per mile valuation. This means that, at the minimum, you get $700 in straight award value with each of these cards. With the frequent fare sales on travel to Europe in the sub-$400 range, this is almost two roundtrip tickets to Europe from major US cities for just one credit card offer!
Elite Miles (MQMs)
If you are able to swing both the personal and business card (yes, you can get both of them), you will wind up just 5,000 elite miles short of having the elite miles necessary for Silver status. Often, having an airline-branded credit card can be almost as good as basic elite status but I know many people who have received upgrades as Silver elite members so it is not unreasonable to hope that happens to you!
Of course, you will also have 140,000 Delta Skymiles if you get both offers. Those miles are still valuable, especially when you are getting them with a great bonus. At the least, they are worth $1,400 for paying $390 in annual fees. Not bad!
$100 Statement Credit
Finally, the statement credits can be triggered with any Delta purchase, including those of gift cards. That means you are getting another $100 per card in free Delta money. Again, not bad at all!
So, what value would I put on one of the above cards? I would say that each card would be worth – at a minimum – $900 (all depending on how valuable the elite miles are and how you typically use your award miles). Subtract the $195 annual fee and you are looking at a credit card bonus offer that is giving you $705 in value. That is a strong offer!
Remember, if you had one of the above cards you cannot get that same card again for the bonus. But, if you had the personal Delta Platinum, for example, you can still get the bonus for the business one or the Gold Delta cards.
HT: Milenerd
Do you know if current cardholders are able to refer these bonuses? I just went into the Refer a Friend page and the sign up bonus is much lower than what you are showing?
Normally it will take a day or two for them to appear. I will put a post up when I find them.