I just received an email from Delta SkyMiles outlining a new promotion they are running in conjunction with American Express Membership Rewards. From now until 30 September, for every 50,000 MR points you transfer to Delta SkyMiles, you will be awarded with a certificate valid for 20,000 Membership Rewards points. It is important to note that this is not an “instant rebate” and that you need to have the 50,000 MR points already in your account when you register for the promotion, but if you have an upcoming Delta award to book, this is a pretty good deal as it represents a 40% discount.
Looking at it another way, you spend 50,000 AmEx points and get a 20,000 AmEx point “rebate” netting a spend of 30,000 AmEx points for 50,000 SkyMiles. That’s a 1.67:1 transfer ratio. That’s pretty attractive if you have travel to book. However, if you don’t have Delta travel to book, the flexibility of AmEx points is hard to beat since they transfer instantly into many programs and there are often transfer bonus promotions running that net about 1.5:1 ratios.
The full text of the email follows:
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With summer in full swing, it’s time to reward yourself. And we’re ready to help. To qualify, register first and then transfer Membership Rewards® points into your SkyMiles account by September 30, 2011. For every 50,000 points you transfer, you’ll be awarded with a certificate for 20,000 Membership Rewards points—that’s a 40% bonus back to you.
You’ll be glad to know Award Travel is easier than ever before. With our recent global expansion, we’ve added new routes. Choose from 350+ destinations in more than 65 countries across six continents. You’ll enjoy:
- No mileage expiration dates
- No Award redemption fees (when you book within 20 days of departure)
- Delta Award Seat availability now on Flight Finder
- Unlimited Complimentary Upgrades on Award Tickets for Diamond, Platinum and Gold Medallion® members
Your miles are also eligible for use in the newly expanded SkyMiles Marketplace—packed with some of the best deals on hotels, car rentals and vacation packages. You can even gift your miles to family and friends.
The options are wide open this summer. Register and transfer points into your SkyMiles account by September 30, 2011.
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