You heard that right, this Gold credit card offers 50,000 points, enough for up to five round-trips.
American Express has increased their standard sign-up bonus to 50,000 points on the Delta Gold card. The Delta Gold card is available in both a personal and small business version.
— 50,000 Delta Skymiles
— $50 statement credit after Delta purchase
— $0 annual fee the 1st year, $95 the following year (you cancel and still keep the points)
— $2,000 minimum spend in 90 days
— Free checked bags
— Priority boarding on Delta flights
This offer comes and goes every 4~6 months, and it really is a good offer. You can easily get $500+ in value out of this bonus. The great part with Delta is their flight routes. You can fly to so many cities both domestically and abroad with your points.
Personal or Business?
The big decision is which version of the card to get. Remember, you can only get the sign up bonus for Amex cards ONCE in your lifetime. The good news is the personal and business version are treated as separate products so you can get both bonuses once, I have received 100,000 total from the two cards combined. Folks who have already received the Gold card personal bonus can STILL get the small business card bonus.
I highly recommend the business version for an important reason. American Express business cards DO NOT show on your credit report as an account. Also, you don’t need to have a business to get an Amex business card. I have three Amex business cards, they are easy to apply for simply by using your Social Security Number in place of the EIN.
Why should you care that Amex business cards don’t show on the credit bureaus? Chase, and presumably other banks, have strict rules limiting your ability to sign up for their credit cards depending on how many new credit card accounts show on your credit report. If you have signed up for more than five cards with any bank in the last 24 months, Chase will not approve you for 95% of their cards.
Chase, You can’t see me
If you signed up for three Amex small business cards (like this Delta Gold business card) within the last 24 months, Chase would have NO WAY of seeing those cards on your report. You would be flying under the radar of Chase while still receiving the SAME sign-up bonus as the personal version.
The only reason I would recommend the personal version of the Gold card over the business version is if you are looking to build your credit your skinny credit report. Just make sure to keep the $95 annual fee in mind if you are going to keep the card a few years to build your credit history. If you can take advantage of the free checked baggage each year, the annual fee may be justified.
What does 50,000 points get you?
Delta offers round-trips for as little as 10,000 points round-trip. This typically applies to shorter routes, coast to coast routes will run you 25,000 miles round-trip.
Check out this sample round-trip for 10,000 points. That means you could make this trip FIVE times or you could take a family of five on a FREE round-trip!
This round-trip from Los Angeles to Seattle would cost $116 per person if paying cash or you could use 10,000 points. If you had a family of five, you would be able to take your family on a trip with your 50,000 points (plus $11 in 9/11 fees per person). You are looking at paying $580 cash for five travelers or using 50,000 points total plus $55 in fees.
I know in the beginning I said you’d get five free round-trips. You do get a $50 statement credit, so after you pay the $55 in security fees, you are left paying $5 (so almost free, a lot better than $580)
That means you are getting over $550 in value, in this scenario, from one credit card! Don’t forget, you get free checked bags for everyone in your traveling party. (That saves $50 per person round-trip)