Delta is now allowing you to purchase Delta gift cards using Delta miles. Is it a good deal? Oh, young innocent naive reader. This is Delta we are talking about, of course this is a terrible deal. Below you can see why:
- $50 gift card for 7,150 miles (0.6993¢ per mile)
- $100 gift card for 14,300 miles (0.6993¢ per mile)
- $250 gift card for 35,700 miles (0.7003¢ per mile)
- $500 gift card for 71,450 miles (0.6998¢ per mile)
- $1,000 gift card for 142,850 miles (0.7000¢ per mile)
What makes this a particularly bad deal is the fact that Delta already allows you to use miles to pay for flights (“Pay With Miles” option). You pay 5,000 miles per $50, although you do need to have an American Express Delta card to take advantage of this it’s kind of ridiculous that this option gives you 1¢ per mile and the new gift card redemption is 0.7¢. The majority of people will get even better value just booking normal award flights, although given how often Delta likes to devalue their loyalty program maybe this 0.7¢ per mile valuation is a better indication of where the program is heading.
Hat tip to Laptop Travel
