Amex raised delta card fees this year. But, there’s now a 100k mile offer for the platinum and reserve cards, through 4/01. (Plus, 15k referral offer good for if you know someone who has a Delta Amex. Referral offers are generated from delta.com/friend100k, limit 55kmi/person)
I’m not getting a new card but I still have a delta platinum from last year that I intend to cancel later this year after it passes 1 year.
IMO, the platinum offer works out the best, but the gold one has lower “investment” and is not that bad either. I’ll use 0.01 for Delta point values, though 0.011 seems to be the lowest I see listed as general values.
Sign-up costs/profit assuming a downgrade at month ~15 —
Annual Fee - $0 first year, then $99. Net fee for 15 months of $24.75
60k points with $2k/90 spend. 10k points “8-12 weeks” after renewal. Value: $700
Net profit: $675.25
Delta Platinum sign-up bonus:
Annual Fee - $250. Net fee for 15 months of $312.50
80k miles after $3k spend in 3 months. 20k miles at first renewal. Value: $1000
Additionally, free checked bags and main cabin boarding (makes basic economy usable if you actually book the flights with the points.) Additionally, a domestic “companion certificate” after renewal – I don’t know what to value this at.
Net profit: $687.50 + Companion Certificate + checked bags/boarding
Reserve has the same offer as the Platinum. Seems terrible value, but you do get Centurion lounges (only while on Delta flights booked with the card… at least according to terms). Very hard for me to value that at worth $300.