I am really looking forward to next month. I will be ready for my next round of cards as I am approaching 91+ days since my last round of cards and windfall of points. Now it is time to start thinking about what cards I will go for.
I have reduced my number of AMEX credit cards to under four as that is the max you can hold at once (i.e. personal plus business). Since the rules have changed as of 1MAY14 that you can only get the personal new card bonus once, the personal Delta AMEX Platinum or Reserve cards are off the table for me. What is on the table for me is the business Delta Platinum card. I hold the business Delta Reserve card but AMEX now views all the Delta business cards as unique products. That opens up an opportunity for me to go for the business Delta Platinum card since I have not had that for well over 12 months. I look at the value of the card this way to me:
35,000 Bonus Skymiles after $1,000 spend (so net 36,000 all in). I can use those for an award ticket or spend them with Pay With Miles at 1 cent each so I am getting at least $360 value there.
$100 statement credit for a Delta purchase within first 3 months. Sweet. This is not hard. I can buy onboard stuff or even some Delta e-Gift card or such and all reports are both are triggering credit. That is worth $100 to me.
5000 Bonus MQMs. That is the REAL value play for me. I love me my MQMs for status. I have my Diamond Medallion status for this year, and next year, already done. But now to work on having enough rollover MQMs for 2017 flying year that ends on 1JAN18 (yeah I plan ahead). Here is how I value this – I am for the $195 non-waived fee getting 5000 MQMs. That puts the price to “buy”, if you will, these MQMs at just 3.9CPM if I were flying. HELLO! That is a price I am THRILLED to pay even under Skymiles2015.
Now that last point, the value of the MQMs, completely discounts the $460 in value I am getting from the bonus Skymiles and the statement credit. Any way I run the numbers I am coming out ahead and even if I keep this card long term I will NEXT YEAR when I pay the fee again get a BOGOF coach companion ticket. Plus, if I spend $25,000 on the card I get 10,000 more MQMs and Skymiles and the same thing if I hit $50,000 before 31DEC15. That I can do too! 🙂
But this is SWAG Saturday. So on to the drawing. I am giving away TWO Skyclub passes this week worth ~$100 total plus some other Delta Points SWAG. The rules are HERE and by commenting you are agreeing you have reviewed them. Then on to what I need from you to win via random.org.
My question is simple. Will you be reviewing what Delta AMEX cards you have this month. Are you going for one, personal or business, or even canceling one due to Delta’s changes. Are you wanting to add to your MQMs or are you done chasing status. Just any of your thoughts on having, holding or getting a Delta AMEX card of some kind!- René
Editorial Note: This content is not provided by American Express. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author’s alone, and have not been reviewed, approved or otherwise endorsed by American Express.