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Last Week to Take Advantage of Amex - Delta 50% Transfer and 25,000 MQM Bonus

May 25, 2011
3 min read
Last Week to Take Advantage of Amex - Delta 50% Transfer and 25,000 MQM Bonus
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Update: Some offers mentioned below are no longer available. View the current offers here.

Just a friendly reminder that May 31, 2011 is the last day to take advantage of the showstopping 50% transfer bonus and 25,000 MQMs when you transfer 50,000+ American Express Membership Rewards points to Delta. Register here.

There is a substantial Q&A in the comments section of my original post, but here are some key things to take into consideration:
1) You can transfer the Amex points from anyone's account - all that matters is the Delta SkyMiles account is registered in order to get the bonus. For example, I could "send" 10 people 50,000 points each from my Amex account and as long as each was eligible and registered for the bonus, they'd get the 50% and MQMs.
2) 25,000 MQMs will get you Silver elite status until February 2013. Silver will get you domestic upgrades, 25% mileage bonus, free exit row/ premium seats and overall better customer service.
3) This promotion has nothing to do with transferring Delta SkyMiles to other Delta accounts. It's confusing because there is a 50% transfer bonus between Delta accounts, but this promotion is only for American Express Membership Rewards transfers to Delta.
4) If you don't have any Membership Rewards points, but have an American Express card, you can open a Platinum card today and then immediately advance yourself 50,000 points and transfer them to Delta. Once the 25,000 sign-up bonus posts, you'll need to accrue 25,000 points over the next year to pay back the advance. If you don't gain back enough points, you get charged 2.5 cents a point. FYI: most other Membership Rewards cards (except Centurion) will only allow you to advance 15,000 points, so you probably won't be able to get enough to get to 50,000 points unless you get the Platinum card. Once approved, American Express will overnight you the card, so you can have the account set up by this weekend. Check out this post, for a full review of the card.
5) If you are holding out to get a better Delta transfer bonus, I think you are crazy. This is as good as it gets, though I suppose there is a small chance it could get better, but I wouldn't bet on it.
6) Once the points are transferred, you should have the 50% bonus and MQMs almost immediately, but it usually takes a day or two for your account to reflect the elite status.
7) Even though the Delta promo says "first transfers only," my experience has been that if it lets you register, you are eligible for the bonus.

Feel free to ask any questions about the promo. I hope everyone can get in before it's too late!

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TPG Editor‘s Rating
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Rewards

2 - 10X miles

Intro offer

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Recommended Credit

740-850
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Apply for Capital One Venture X Business
at Capital One's secure site
Terms & restrictions apply. See rates & fees
Best for businesses with high spending
TPG Editor‘s Rating
4.5 / 5
Go to review

Rewards Rate

2X miles2 miles per dollar on every purchase
5X miles5 miles per dollar on flights and vacation rentals booked through Capital One Business Travel
10X miles10 miles per dollar on hotels and rental cars booked through Capital One Business Travel
  • Intro Offer

    LIMITED-TIME OFFER: Earn up to 400K bonus miles
  • Annual Fee

    $395
  • Recommended Credit

    740-850
    Excellent

Why We Chose It

The Capital One Venture X Business Card has all the Capital One Venture X Rewards Credit Card has to offer and more. It offers an incredible welcome bonus and requires an equally impressive spend to qualify. In addition, the card comes with premium travel perks like annual travel credit. (Partner offer)

Pros

  • The Capital One Venture X business card has a very lucrative welcome offer.
  • In addition, the card comes with many premium travel perks such as an annual $300 credit for bookings through Capital One Business Travel.
  • Business owners are also able to add employee cards for free.

Cons

  • The card requires significant spending to earn the welcome offer.
  • Another drawback is that the annual travel credit can only be used on bookings made through Capital One Business Travel.
  • LIMITED-TIME OFFER: Earn up to 400K bonus miles: 200K miles when you spend $30K in the first 3 months, and an additional 200k miles when you spend $150k in the first 6 months
  • Earn unlimited 2X miles on every purchase, everywhere—with no limits or category restrictions
  • Earn 10X miles on hotels and rental cars and 5X miles on flights and vacation rentals booked through Capital One Business Travel
  • With no preset spending limit, enjoy big purchasing power that adapts so you can spend more and earn more rewards
  • Empower your teams to make business purchases while earning rewards on their transactions, with free employee and virtual cards. Plus, automatically sync your transaction data with your accounting software and pay your vendors with ease
  • Redeem your miles on flights, hotels and more. Plus, transfer your miles to any of the 15+ travel loyalty programs
  • Every year, you'll get 10,000 bonus miles after your account anniversary date. Plus, receive an annual $300 credit for bookings made through Capital One Business Travel
  • Receive up to a $120 credit for Global Entry or TSA PreCheck®. Enjoy access to 1,300+ airport lounges worldwide, including Capital One Lounge locations and Priority Pass™ lounges, after enrollment
  • Enjoy a $100 experience credit and other premium benefits with every hotel and vacation rental booked from the Premier Collection
  • This is a pay-in-full card, so your balance is due in full every month
  • Top rated mobile app