Delta SkyMiles Platinum American Express Card Slashes Welcome Offer -- Is It Still Worth It?

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The Delta SkyMiles® Platinum American Express Card's intro offer has deflated by almost half the bonus miles. This card once had the top-of-class intro offer amongst co-branded airline credit cards; now, it is roughly on par with competitors.

You can now earn 50,000 bonus miles and 5,000 Medallion® Qualification Miles (a currency used to help boost your Delta SkyMiles loyalty status) when you spend $2,000 in your first three months of being a cardholder. The value of miles can vary depending on how they're redeemed, but they are generally worth about 1 cent each toward a Delta flight. This would put the value of the intro offer at roughly $500.

While the intro offer has dropped from a whopping 90,000 bonus miles, the spending threshold has decreased from $3,000 in the first three months to $2,000, making it a little easier to secure. 

Given the $250 annual fee, is this card still worth it? We think so, because its primary draw is its airline rewards program, the best on our radar -- as long as you're OK with flying Delta.

If you're interested in the luxury travel benefits this card offers but aren't a Delta loyalist, check out The Platinum Card® from American Express.

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