Delta Air Lines, American Express Extend Partnership through 2029
Delta's longstanding partnership with American Express will continue at least another decade.
The two sides announced an 11-year renewal of their relationship that will continue Amex's role as the exclusive issuer of Delta SkyMiles credit cards. The partnership between the two, which dates back to 1996, will now run through the end of 2029.
Credit card deals have become increasingly lucrative to airlines, allowing them to generate billions of dollars in revenue by selling miles or points to credit-card issuers. The issuers, in turn, can then offer the points or miles as a perk to customers using their cards.
Delta valued its "benefit from the relationship" to increase to about $7 billion annually by 2023. In 2018, Delta said the deal was worth $3.4 billion.
In a statement, Delta CEO Ed Bastian said the latest pact would allow the airline to work with Amex "to find innovative ways to offer greater opportunity to our customers as we grow our long-term partnership."
"This is a true partnership steeped in common values, strong relationships and 23 years of history," added Amex CEO Stephen J. Squeri. "We will be working together across our card, merchant and travel businesses to expand the partnership and believe this continues to be a very attractive platform for growth that delivers substantial benefits to our customers, our partners and our shareholders."
In their joint statement, Delta and Amex touted the following items in extending their tie-up:
- Ongoing investment in industry-leading benefits for Delta SkyMiles Credit Cards from Amex
- Complimentary access to the award-winning network of Delta Sky Clubs around the world for Delta Reserve Card Members and Platinum Card Members from Amex
- Delta participation in the Membership Rewards program from Amex, allowing those points to transfer into the SkyMiles Program
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