March 6th, 2012

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I’ve been getting a lot of emails asking whether Delta’s current promotion to buy miles with a 75% bonus between now and March 31, 2012, is a good deal.

The short answer is: no. Certainly not in comparison to past bonus offers.

Delta's bonus promo chart.

As I wrote about in this post, Delta sells miles at a pricey 3.5 cents a piece plus a 7.5% tax. With this promotion, you could get up 105,000 for $2,257, or 2.2 cents each. Better than buying miles outright, but still very unimpressive – especially since Delta recently let you essentially buy miles for 1.1 cents each through their 100% transfer promotion. I personally would hold off unless you really need to top up your account.

Gold Delta SkyMiles® Credit Card from American Express

If you are a Delta flyer who is looking to bank some extra miles this card is a great addition for your wallet. While you'll earn 2 miles per dollar on Delta purchases and 1 mile per dollar on everything else, you'll also have access to other perks like priority boarding, a first bag checked free and 20% off in-flight purchases.

Apply Now
More Things to Know
  • Earn 30,000 bonus miles after you make $1,000 in purchases on your new Card within your first 3 months and a $50 statement credit after you make a Delta purchase with your new Card within your first 3 months.
  • Earn 2 Miles per dollar spent on purchases made directly with Delta. Earn 1 mile for every dollar spent on all other eligible purchases.
  • Check your first bag free on every Delta flight - that's a savings of up to $200 per round trip for a family of four.
  • Settle in sooner with Priority Boarding.
  • Enjoy a $0 introductory annual fee for the first year, then $95.
  • Terms and Conditions apply.
  • See Rates & Fees
Intro APR on Purchases
None
Regular APR
16.24%-25.24% Variable
Annual Fee
$0 intro annual fee for the first year, then $95
Balance Transfer Fee
See Terms
Recommended Credit
Excellent Credit
Terms and restrictions apply. See rates & fees.

Editorial Disclaimer: Opinions expressed here are author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

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