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Chris Carley

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American Express and Delta teamed up for an Amex Offer awarding targeted cardholders 500 bonus MQM and SkyMiles each time a user spends $1,000 in eligible transactions. (The offer is valid through December 31, 2020, and can be used up to 25,000 bonus MQM and 25,000 bonus SkyMiles).

People have asked me when the bonus MQM post to their SkyMiles accounts after accruing $1000 in purchases.

So let’s take a look — and see when you can expect your bonuses to hit!

Well, Chase is certainly having a big week.

First, they launched the impressive, new Chase Freedom Flex. And they added some pretty neat bells and whistles to the Chase Freedom Unlimted.

Then Chase completed a trifecta of fun news and announced a new welcome offer for the Chase Sapphire Preferred: 80,000 bonus Ultimate Rewards points for new approvals who spend $4,000 on purchases within three months of being approved. (Up from 60,000 bonus points.)

80,000 Chase Ultimate Rewards points is worth at least $1,000 on travel when redeemed through the Ultimate Rewards travel site.

Goodness, gracious. I’m curious if they have anything else up their sleeves for this week! 😉

Delta Air Lines announced yesterday it’s leveraging the SkyMiles loyalty program in order to secure $6.5 billion in funding.

The carrier crated an indirect wholly-owned subsidiary named “SkyMiles IP Ltd., a newly formed Cayman Islands exempted company incorporated with limited liability.” (This might explain why Delta chose the Caymans — in addition to it being a beautiful destination, of course.)

The Atlanta Journal-Constitution’s Kelly Yamanouchi reported the move allows Delta to turn down a CARES Act federal loan. This way, Delta “(avoids) surrendering more control in return for new federal money. It also highlights the airline’s ability to tap capital markets and the continued popularity of credit cards offering frequent flier miles despite a steep drop in air travel.”

Should we worry about SkyMiles?

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