Final Day for American Express 50% and 25,000 MQM Delta Transfer Bonus
Just a friendly reminder that today (May 31, 2011) is the last day to transfer 50,000+ American Express points to Delta in order to get the 50% transfer bonus and 25,000 MQMs.
Check out my original post and follow-up post and the comments on each, where most questions have been answered. If you have other, unanswered questions, feel free to comment below.
Remember- this is only for people who are able to register for the promo through this link. I was rejected because I took advantage of this promo last fall.
Is this a good deal? Generally, yes. You won't see a better transfer bonus. In the past they generally range from 10-40% and only a handful of times do have they ever awarded Medallion Qualifying Miles as well. If you value Delta elite status (domestic upgrades, mileage bonuses, free exit row/premium seats, better customer service), then I would say go for it.
However, if you aren't familiar with how to use Skymiles (and the quirky online award calendar), then I'd make sure you have an award in mind before transferring. Delta is like no other program in that they have three award tiers - low, medium and high, and the online engine that prices awards is for the most part broken. Piecing together an award can take a lot of time and research, so you've been warned! For those who need some help, I put together a couple tips for using their Skymiles.
I have no idea what future transfer bonuses are planned, but I'd be very surprised if they were more lucrative than this one.
TPG featured card
at Capital One's secure site
Terms & restrictions apply. See rates & fees.
| 5X miles | Earn 5X miles on hotels, vacation rentals and rental cars booked through Capital One Travel |
| 2X miles | Earn unlimited 2X miles on every purchase, every day |
Pros
- Stellar welcome offer of 75,000 miles after spending $4,000 on purchases in the first three months from account opening. Plus, a $250 Capital One Travel credit to use in your first cardholder year upon account opening.
- You'll earn 2 miles per dollar on every purchase, which means you won't have to worry about memorizing bonus categories
- Rewards are versatile and can be redeemed for a statement credit or transferred to Capital One’s transfer partners
Cons
- Highest bonus-earning categories only on travel booked via Capital One Travel
- LIMITED-TIME OFFER: Enjoy $250 to use on Capital One Travel in your first cardholder year, plus earn 75,000 bonus miles once you spend $4,000 on purchases within the first 3 months from account opening - that’s equal to $1,000 in travel
- Earn unlimited 2X miles on every purchase, every day
- Earn 5X miles on hotels, vacation rentals and rental cars booked through Capital One Travel
- Miles won't expire for the life of the account and there's no limit to how many you can earn
- Receive up to a $120 credit for Global Entry or TSA PreCheck®
- Use your miles to get reimbursed for any travel purchase—or redeem by booking a trip through Capital One Travel
- Enjoy a $50 experience credit and other premium benefits with every hotel and vacation rental booked from the Lifestyle Collection
- Transfer your miles to your choice of 15+ travel loyalty programs
- Top rated mobile app