cancel
Showing results for 
Search instead for 
Did you mean: 

Amex Delta Gold miles value?

tag
Gmood1
Super Contributor

Amex Delta Gold miles value?

I wanted to know from you sky miles guru's. How much is 60,000 miles valued? I've never owned one of their travel cards. And was wondering just how much the 60,000 miles is in real world cash savings?
Message 1 of 17
16 REPLIES 16
Anonymous
Not applicable

Re: Amex Delta Gold miles value?

It really depends. Some like to joke that they are SkyPesos, but I personally don't think so. Some say Delta miles are worth 1.2 cents each, so you'd be looking at around $600-700 in value from the sign up bonus.

 

My experience is quite different. I signed up for the Delta card last year with the same 60k bonus, and I like flying Delta but canceled the card last month. However, so far I have redeemed 44k of those 60,000 miles. Combined, if you look at what I would have paid in cash for those tickets...it would have been 790 bucks, way beating that 600-700 estimate. And that's not even accounting for the full 60k miles.

 

You could take a look on Delta's website and search for some flights you think you might take to get an idea. Generally you should be able to get a domestic round trip for 25k miles, but of course it varies.

Message 2 of 17
Gmood1
Super Contributor

Re: Amex Delta Gold miles value?

Thanks LAkings for the great detailed information! I saw this offer today and wondered how I could benefit from. Hmmmm🤔, you give me some things​ to think about.
Message 3 of 17
fltireguy
Valued Contributor

Re: Amex Delta Gold miles value?

Skypesos. My sentiments exactly.

IMHO, they are worth about  0.6 cents each. Delta is constantly devaluing them, as well as having a matrix for award miles/routes that is almost impossible to figure out. 

 

Personally, I prefer the Southwest card from Chase - their mileage and points system just seems SO much easier to work with!

NFCU $60.4k/PenFed $22.5k/Commerce $15K/53 $11K/Synovus $14K/BBT $11K/CapOne $12K/DCU $7.5K/BMO $7.5K/Chase $14.5k/Cabelas $10K/ and many many more!
Total CL $398600, plus car and RV loan.
Ooh. Ooh. Getting closer to that $500K mark!
Message 4 of 17
Peteyglad
Established Contributor

Re: Amex Delta Gold miles value?

There is a lot of variables, but I try to get 2.5 - 3 cent per mile. I booked a $900 round tripflight to Anchorage this summer for 25,000 points. This weekend I am travelling to Chicago it was a $250 round trip ticket I got for 10,000 miles. 

 

So deals can be had, especially if you are flexible with your travels. 

Chase Sapphire Preferred 20k | Amex Delta Platinum 20k | Amex Hilton Aspire 20k | US Bank Cash+ 25k | Chase Amazon Prime 25k | Barclaycard Aviator Red 40k | Bank of America Alaska Airlines 42k | Chase Marriott 50k | Discover It 50.3k | Amex EDP 52k | Citi Thank You Premier 56K | Bank of America BBR 57.9k
Message 5 of 17
Anonymous
Not applicable

Re: Amex Delta Gold miles value?


@fltireguy wrote:

Skypesos. My sentiments exactly.

IMHO, they are worth about  0.6 cents each. Delta is constantly devaluing them, as well as having a matrix for award miles/routes that is almost impossible to figure out. 

 

Personally, I prefer the Southwest card from Chase - their mileage and points system just seems SO much easier to work with!


You can't get outsized value from programs like Southwest where the points you need is tied to what the cash fare is. With Delta and many other loyalty programs, you can get outsized value like I did...or redeem for a poor rate. If you redeem smartly, there is insane value to be had.

Message 6 of 17
Anonymous
Not applicable

Re: Amex Delta Gold miles value?


@Peteyglad wrote:

There is a lot of variables, but I try to get 2.5 - 3 cent per mile. I booked a $900 round tripflight to Anchorage this summer for 25,000 points. This weekend I am travelling to Chicago it was a $250 round trip ticket I got for 10,000 miles. 

 

So deals can be had, especially if you are flexible with your travels. 


Exactly my experience. Really the choice is yours.

Message 7 of 17
Gmood1
Super Contributor

Re: Amex Delta Gold miles value?

Dang Peteyglad, you made out like a bandit on those flights!
Message 8 of 17
wasCB14
Super Contributor

Re: Amex Delta Gold miles value?

I sometimes travel opportunistically and like that Delta has no close-in award booking fee.

Personal spend: Amex Gold, Amex Schwab Plat., BofA PR+CCR(x2), Costco
Business use: Amex Bus. Plat., BBP, Lowes Amex AU, CFU AU
Perks: Delta Plat., United Explorer, IHG49, Hyatt, "Old SPG"
Mostly SD: Freedom Flex, Freedom, Arrival
Upgrade/Downgrade games: ED, BCE
SUB chasing: AA Platinum Select
Message 9 of 17
Anonymous
Not applicable

Re: Amex Delta Gold miles value?

I picked up 5 tickets to LAX from AZ for 55k miles + 56.00. Regular pricing was $206 per ticket - so I ended up with $974 (1.77C per mile)
Message 10 of 17
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.