Just saw this on AMEX web site. If you're planning on transferring a BUNCH of MR points to Delta and not Medallion level this new promotion will get you up to Gold status and 20% bonus miles. Here is link:
http://home3.americanexpress.com/rew.../whats_new.asp
I've added text in case link won't work:
You have earned the right to an exclusive SkyMiles® bonus and complimentary Medallion™ status with Delta. Just make a one-time transfer of 250,000 Membership Rewards® points, or more, to your Delta SkyMiles account between May 15 and June 30, 2002, and you'll get one Delta mile for every point you transfer, up to 20% additional Delta miles, and the additional benefits of Delta SkyMiles Medallion status.*
The more points you transfer, the greater the reward. Here's how it works…
Membership Rewards Points SkyMiles Bonus Complimentary Medallion Status
250,000 - 350,000 10% (25,000 - 35,000 miles) Silver Medallion™
350,001 - 500,000 15% (52,500 - 75,000 miles) Gold Medallion™
500,001+ 20% (100,000+ miles) Gold Medallion™
Call 1-800-AXP-EARN (297-3276) before June 30, 2002, to transfer Membership Rewards points to your Delta SkyMiles account. If you're not already a SkyMiles member, simply enroll at
www.delta.com or call 1-800-323-2323.
To learn how Medallion status gives you access to exclusive privileges designed to make your travels easier, click on the following link
http://www.delta.com/skymiles/medall...ance/index.jsp
*Terms and Conditions: SkyMiles Transfer Offer: This three-tier offer awards a one-time Delta SkyMiles bonus and Medallion status for transferring Membership Rewards points to the Delta SkyMiles program. Tier one: Transfer 250,000 - 350,000 points and earn a 10% miles bonus and Silver Medallion status. Tier two: Transfer 350,001 - 500,000 points and earn a 15% miles bonus and Gold Medallion status. Tier three: Transfer more than 500,000 points and earn a 20% miles bonus and Gold Medallion status.
Mileage Expiration: Miles will not expire as long as you participate in one of the following activities every three years. 1) Travel on a qualifying Delta, Delta Connection®, Delta Express or Delta Shuttle flight. 2) Participate in the SkyMiles program with one of the SkyMiles program partners, including airline partners, hotels, car rentals, Delta SkyMiles Credit Card from American Express, credit card partner or any other program partner such as cruise lines, restaurants, mortgage lenders, real estate and telephone services. 3) Redeem your miles for a SkyMiles Award.
Medallion Validity: Your Medallion membership begins 6-8 weeks following the end of this promotion period and extends through February, 2003.
Please allow 3-5 business days for Membership Rewards points to be transferred into your Delta SkyMiles account. You will receive your bonus miles approximately 6-8 weeks from the expiration date of the offer, which is June 30, 2002. You can receive only one transfer bonus during this offer. Transfer of Membership Rewards points must be made in one total sum, and the number of bonus miles you will receive is based on the first transfer made during the promotional period. Once accrued points in a Cardmember's Membership Rewards program account have been transferred to the Cardmember's Delta SkyMiles account, the points cannot be transferred back into the Cardmember's Membership Rewards program account. All standard Delta SkyMiles program rules and conditions apply.