This post comes from Logan Abbott, editor of the credit cards section of MyRatePlan.com.
For those looking for a generous airline mile credit card, and who don’t mind being restricted to just one specific airline, the Gold Delta SkyMiles Credit Card from American Express fits the bill pretty well.
- Bonus miles. Cardholders earn 30,000 bonus miles toward AmEx Award Travel when they spend $500 on purchases within the first three months that they have the card.
- Earn miles by spending money. The card rewards cardholders with 1 mile for each dollar spent on purchases, and 2 miles for each dollar spent on Delta purchases.
- First checked bag is free with Delta. The card grants cardholders a free checked bag on every Delta flight they take.
- Premium travel perks. With the Gold Delta SkyMiles Card, cardholders are entitled to priority boarding and receive 20 percent off in-flight purchases of meals, beverages, movies and more.
- Annual fee waived for the first year. The card requires an annual fee of $95, but it is waived in year 1.
- Delta SkyMiles do not expire. Many airline rewards programs reward members with airline miles that expire after a certain period of time. Not so with Delta SkyMiles, which never expire.
- Foreign transaction fee. Although the credit card is geared toward travel rewards, it still charges a foreign transaction fee of 2.7 percent. Other cards like the Capital One Venture Rewards Card do not charge a foreign transaction fee for purchases made overseas.
- Annual fee. Although the card waives the annual fee for cardholders in the first year, it charges $95 per year for every year thereafter.
- No introductory APR period. The card offers a decent variable APR of between 15.24 percent and 19.24 percent, but there is no introductory 0 percent APR period for purchases or balance transfers that you can take advantage of.
Get it if: You have excellent credit, want solid travel rewards, and like flying Delta Airlines.
Forget it if: Your credit is less than excellent, you don’t like flying Delta Airlines, you want an intro period on purchases or balance transfers, or if you will be making a lot of international purchases.
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