Fly Now Earn Later Promo
Aug 27, 2017, 10:09 pm
#1
Original Poster
Join Date: Jun 2010
Location: Austin, TX
Programs: DL DM; DL AMEX Reserve; HHonors Gold
Posts: 1,984
Fly Now Earn Later Promo
Interesting way for Delta to charge 2.5˘/mile...
Originally Posted by Delta/AMEXpromo
Eligibility
Eligible Delta SkyMiles® Credit Card Members must be in good standing to access Fly Now, Earn Later. If you qualify to access Fly Now, Earn Later, the maximum number of miles you can be advanced is based on several factors including Card activity. You may have only one (1) Fly Now, Earn Later Balance outstanding at any time.
The Fly Now, Earn Later Start Date is defined as the date that advanced miles are posted to your Delta SkyMiles account. The Fly Now, Earn Later End Date is defined as the last day of the sixth full billing period following the Start Date. If, on the End Date, there are miles remaining in your Fly Now, Earn Later Balance, then your Card account will be charged for those remaining miles at a rate of $0.025 per mile. The APR for this charge will be the standard purchase APR on your account, which varies with the Prime Rate. If you do not see the advanced miles posted to your Delta SkyMiles account immediately, please allow up to 72 hours. Any miles advanced cannot be returned or transferred and are subject to Delta SkyMiles terms and conditions. See full program rules here.
Earning and Purchasing of Miles
When you activate Fly Now, Earn Later on your Card, your Fly Now, Earn Later Balance is equal to the total number of miles advanced. As you earn, receive, or are awarded miles on your Card, those miles are automatically applied to your Fly Now, Earn Later Balance and will decrease the Fly Now, Earn Later Balance amount. Miles applied to your Fly Now, Earn Later Balance include (1) miles earned through spending on eligible purchases on your Card, (2) Bonus miles that may be awarded through Miles Boost or other promotions, and (3) miles that may be received from goodwill adjustments or reinstatements. Eligible purchases mean purchases for goods and services minus returns and other credits. Eligible purchases do NOT include fees or interest charges, balance transfers (balance transfers are not available on Delta SkyMiles Business Credit Cards), cash advances, purchases or reloading of prepaid cards, or purchases of other cash equivalents. Only miles earned, awarded, or received on the Card you selected for Fly Now, Earn Later will be applied to your Fly Now, Earn Later Balance. Your Fly Now, Earn Later Balance will be updated each billing period to reflect miles earned, awarded, and received during that billing period. You can view your Fly Now, Earn Later Balance online.
If, on the End Date, the miles earned, received, or awarded to your Fly Now, Earn Later Balance equal or exceed the number of miles advanced, there will be no charge for advanced miles. If, on the End Date, there are miles remaining in your Fly Now, Earn Later Balance, your Card account will be charged for those remaining miles at a rate of $0.025 per mile. You will not earn miles on this charge. American Express reserves the right to change, modify or revoke the terms of this offer at any time without notice.
If your Card account is cancelled anytime between the Start Date and the End Date, any miles remaining in your Fly Now, Earn Later Balance at the time of cancellation will be charged to your Card account at a rate of $0.025 per mile. If your Card account enters bankruptcy status or hardship status anytime between the Start Date and the End Date, any miles remaining in your Fly Now, Earn Later Balance at that time will be charged to the Card account at a rate of $0.025 per mile.
Eligible Delta SkyMiles® Credit Card Members must be in good standing to access Fly Now, Earn Later. If you qualify to access Fly Now, Earn Later, the maximum number of miles you can be advanced is based on several factors including Card activity. You may have only one (1) Fly Now, Earn Later Balance outstanding at any time.
The Fly Now, Earn Later Start Date is defined as the date that advanced miles are posted to your Delta SkyMiles account. The Fly Now, Earn Later End Date is defined as the last day of the sixth full billing period following the Start Date. If, on the End Date, there are miles remaining in your Fly Now, Earn Later Balance, then your Card account will be charged for those remaining miles at a rate of $0.025 per mile. The APR for this charge will be the standard purchase APR on your account, which varies with the Prime Rate. If you do not see the advanced miles posted to your Delta SkyMiles account immediately, please allow up to 72 hours. Any miles advanced cannot be returned or transferred and are subject to Delta SkyMiles terms and conditions. See full program rules here.
Earning and Purchasing of Miles
When you activate Fly Now, Earn Later on your Card, your Fly Now, Earn Later Balance is equal to the total number of miles advanced. As you earn, receive, or are awarded miles on your Card, those miles are automatically applied to your Fly Now, Earn Later Balance and will decrease the Fly Now, Earn Later Balance amount. Miles applied to your Fly Now, Earn Later Balance include (1) miles earned through spending on eligible purchases on your Card, (2) Bonus miles that may be awarded through Miles Boost or other promotions, and (3) miles that may be received from goodwill adjustments or reinstatements. Eligible purchases mean purchases for goods and services minus returns and other credits. Eligible purchases do NOT include fees or interest charges, balance transfers (balance transfers are not available on Delta SkyMiles Business Credit Cards), cash advances, purchases or reloading of prepaid cards, or purchases of other cash equivalents. Only miles earned, awarded, or received on the Card you selected for Fly Now, Earn Later will be applied to your Fly Now, Earn Later Balance. Your Fly Now, Earn Later Balance will be updated each billing period to reflect miles earned, awarded, and received during that billing period. You can view your Fly Now, Earn Later Balance online.
If, on the End Date, the miles earned, received, or awarded to your Fly Now, Earn Later Balance equal or exceed the number of miles advanced, there will be no charge for advanced miles. If, on the End Date, there are miles remaining in your Fly Now, Earn Later Balance, your Card account will be charged for those remaining miles at a rate of $0.025 per mile. You will not earn miles on this charge. American Express reserves the right to change, modify or revoke the terms of this offer at any time without notice.
If your Card account is cancelled anytime between the Start Date and the End Date, any miles remaining in your Fly Now, Earn Later Balance at the time of cancellation will be charged to your Card account at a rate of $0.025 per mile. If your Card account enters bankruptcy status or hardship status anytime between the Start Date and the End Date, any miles remaining in your Fly Now, Earn Later Balance at that time will be charged to the Card account at a rate of $0.025 per mile.
Aug 28, 2017, 4:16 pm
#3
Join Date: Jun 2004
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Aug 28, 2017, 5:44 pm
#8
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Aug 28, 2017, 7:19 pm
#9
Moderator: Hyatt; FlyerTalk Evangelist
Join Date: Jun 2015
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So it hardly seems like a ridiculous idea.
Also this.
May 28, 2018, 5:18 pm
#10
Join Date: Aug 2012
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Posts: 7,265
Just used this for the first time- had been spending down my miles balance this year for assorted family stuff, and was 2K short of another award ticket I wanted. I'll put more than that through the card by the close of next billing cycle, and it sure beats buying the miles instead, so call it very useful in certain limited circumstances, provided you don't so something stupid.
May 28, 2018, 6:29 pm
#11
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Interesting. You're borrowing the miles from AmEx and not DL. In fact, miles earned by flying don't reduce the amount of miles you've borrowed, just miles earned through the credit card.
May 28, 2018, 8:29 pm
#12
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