Posted by William Charles on May 11, 2015
Checking Accounts

Published on May 11th, 2015 | by William Charles

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Negatives Changes To The Delta Earning Debit Card From SunTrust

SunTrust used to offer a debit card that earned 1 Delta mile per $1 spent, that card is no longer available for new sign ups but I know a lot of people still have their card. A number of people (jk2 on Flyertalk) have reported receiving a letter stating that starting July 25th, a number of negative changes are being introduced:

  • Annual fee changes:
    • Clients with Signature Advantage accounts and less than $100,000 in combined consumer deposits and investment balance as of the last business day of the prior month, the Delta SkyMiles World Debit Card annual fee is $75
    • Clients with Signature Advantage accounts and $100,000 or more in combined consumer deposits and investment balance as of the last business day of the prior month, the Delta SkyMiles World Debit Card a reduced annual fee of $25 will apply
    • For clients of the SunTrust Premier program a reduced fee of $25 will apply
    • For cards opened before July 25th, 2015 and not associated with a Signature Advantage account, the annual fee is $95
    • Annual fee for Delta SkyMiles Business Debit Card is $120
  • Monthly earning cap (per thirty day period):
    • 4,000 miles for Signature Advantage account holders
    • 2,000 miles for non-Signature Advantage account
    • 2,000 miles for Delta SlyMiles Business Debit Card holders
  • Earning miles:
    • 1 mile per $1 for PIN point of sale and signature based qualifying purchases and 2 miles per $1 for Direct Delta purchases for Signature Advantage account holders
    • 1 mile per $2 for PIN point of sale and signature based qualifying purchases and 1 miles per $1 for Direct Delta purchases for non-Signature Advantage account holders
    • 1 mile per $2 for PIN point of sale and signature based qualifying purchases and 1 miles per $1 for Direct Delta purchases for Delta SkyMiles Business Debit Card

Full letter below:

My Thoughts

Not a surprise that this is being introduced, the interchange fees on debit card transactions are ridiculous small since the introduction of the Dodd-Frank act. I think the main reason that this has lasted so long is that the card has been closed to new sign ups and they’ve been shutting down accounts that have had a large amount of transaction volume.

Recently UFB direct made a similar change to their American Airline earning debit card. It seems the days of earning easy miles on debit card transactions is finally over, it was a fun ride while it lasted. A full list of rewards earning debit cards can be found here.

Thanks to Saianel for letting me know about this change.



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Paul
Paul

Now the flood gates are wide open and it will be interesting to see how many can take advantage of the $35K/day limit for the remaining month and a half…

Sergey
Sergey

You are fast – I only posted this on FT last night.

jeremy
jeremy

@Paul – Time to go all out!! Not sure I can hit 35k/day but I’ll sure do my best 🙂 They will probably shut me down the last month and not give me any miles, would be my luck!

MilesCollector
MilesCollector

I have this debit card and recently figured out few months back that WM MOs were earning miles. Since then I have been buying MOs from WM and earning miles. I guess I have limited time left to still continue till July 25th. I haven’t received the letter yet, but I’m hoping I will soon. I am a ST signature advantage customer, so I’ll be happy to keep the card earning 4K capped miles per month with $25 annual fee.

You are right the days of earning free miles are dwindling these days, but there are still lot of other MS opportunities still left. So, I’ll be using some of those to continue to earn miles…:)

Knarf Talaf
Knarf Talaf

Doesn’t the math still work on this debit, tho? I have frequently gotten 2 cpm on recent awards from PDX to MAD. 2cpm * 2000 * 12 = $480. $480-95=$385. It’s better than nothing. I’m glad Bluebird is still working!

Jeremy
Jeremy

Yes, the math still works out depending on the type of account a person has and is better than nothing. However, it pales in comparison to the 20k+ miles per month I could get for under $50/mo cost.

MilesCollector
MilesCollector

Does anyone know if I use WM bill pay to pay CC bills or any other bills and pay using the ST skymiles debit card, then will this earn miles? If it does, then it will save me some trips to WM for MOs.

MilesCollector
MilesCollector

Does anyone know or can confirm that paying bills at WM will earn miles for bill payments?

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[…] Negatives Changes To The Delta Earning Debit Card From SunTrust – Major devaluation to one of the last decent rewards earning debit cards. […]

JTMoney
JTMoney

Have individuals had issues NOT earning Skymiles when paying their tax bills or quarterly tax payments? Suggestions needed. Are there any debit cards that do earn points/miles for IRS payments (that are made through third parties)?

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