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Credit Card
Information |
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| Card
Scores |
| Overall Rating: |
3.5 |
| Benifit Rating : |
4.5 |
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The Gold Delta SkyMiles® Business Credit Card, issued by American Express®, is designed for businesses with good credit who would like to earn free travel for business related expenses and travel regularly on Delta Airlines.
Cardholders receive one mile for every dollar spent on general purchases and two miles for every dollar spent at participating retailers and merchants (including Delta Air Lines and Song™ related purchases). 10,000 bonus miles are awarded to new applicants with their first purchase. Miles do not have an expiration date (if travel is made through Delta Air Lines at least once every three years) and a yearly limit of $100,000 in eligible spending applies. Miles earned can be used in conjunction with Delta’s frequent flyer program.
Although there is a high annual fee of $85, it is waived for the first year and is reduced to $30 for those who have a Business Gold Card, Executive Business Card, Business Platinum Card, or Business Centurion® Card. The APR for purchases and balance transfers is slightly above average for an airline reward card and not ideal for those who plan to carry a revolving balance. There is also an introductory rate offered that applies to balance transfers until they are paid in full.
Cardholders can also expect many common benefits and services from the card, such as up to $100,000 in travel accident insurance, several purchase protection related services, and discounts at participating merchants and retailers.
Therefore, those who will use the card at participating retailers and merchants (to accumulate additional miles) and plan to pay in full each month (to avoid finance charges) will benefit most from what the Gold Delta SkyMiles® Business Credit Card has to offer.
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Updated: 5/3/2005
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| Most
Attractive Features : |
| 10,000 bonus miles; double miles at participating retailers (including Delta Air Lines). |
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| Least
Attractive Features: |
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| Specifics |
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| Time Period: |
99
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| Introductory Rate
Details: |
The introductory rate is available if a transfer is submitted during the first six months.
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| Intro Rate:
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9.99
%
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| APR
(Purchases): |
15.74
%
The APR for purchases is based on the Prime Rate.
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| APR (Cash
Advances): |
20.74
%
The APR for cash advances is based on the Prime Rate.
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| Finance
Configuration: |
Average Daily Balance (including new purchases)
*Note: The APR for both purchases and cash
advances is adjusted on a monthly basis (if based on the previous month Prime
Rate value). We will not adjust the APR monthly if the APR is adjusted on a
quarterly basis by the card issuer, is based on the highest Prime Rate value
during a three-month period, is based on the LIBOR, or is based on any other
index that is not the Prime Rate. Under these circumstances, the APR will be
adjusted when the credit card is reevaluated.
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| Annual Fee: |
$85 |
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| Additional Cardholders: |
$0 |
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| Annual Fee Details: |
**Fee is waived for the first year. Annual fee is reduced to $30 for those who have a Business Gold Card, Executive Business Card, Business Platinum Card, or Business Centurion® Card. |
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| Grace Period: |
20 Days |
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| Minimum
Credit Limit: |
n/a |
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| Maximum Credit Limit: |
n/a |
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| Late Payment Fee: |
$15 on balances up to $100; $29 on balances of $100 up to $1,000; $35 on balances of $1,000 and over |
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| Over-The-Limit Fee: |
$35 |
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| Cash Advance Fee: |
3%, $5 minimum for Express Cash transactions |
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| Balance Transfer
Fee: |
There is no balance transfer fee associated with this offer. However, future balance transfers may incur a fee as disclosed at the time of the applicable offer or transaction. |
Important Notations |
Card is currently unavailable to residents of Puerto Rico.
See website for complete terms and conditions of card usage and application disclosure.
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"The information provided is believed to be accurate at the time of evaluation. We strongly advise viewers to review the terms and conditions provided by the card issuers to verify accuracy of the information posted prior to applying for the product. All credit card content is provided by CardOffers.com, Inc."
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