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-   -   AMEX GIFT Card with Miles (https://www.flyertalk.com/forum/milesbuzz/1156839-amex-gift-card-miles.html)

flgregfl Dec 6, 2010 1:24 pm

AMEX GIFT Card with Miles
 
10,500 DL skymiles for $100 gift card. Does Delta or AMEX ever run specials on these. At this rate it seems pretty high but a good way to burn a lot of miles since can't get any reasonable Low Tier free tickets.

Any thoughts?

turkeyRIOO Dec 6, 2010 4:32 pm

These amex cards in the SM Marketplace are brand new if you follow the DL forum. You are actually getting a deep discounted rate as an amex card holder. Some general members are reporting 17k or more miles for the same card. This is a good deal as it is closely aligned with the PWM rate and you can use the amex gift card to puchase tickets that are eligible for mileage accrual and upgrades. I would not expect a sale anytime soon on these amex gift cards.

Evan! Dec 6, 2010 5:10 pm


Originally Posted by flgregfl (Post 15393091)
10,500 DL skymiles for $100 gift card. Does Delta or AMEX ever run specials on these. At this rate it seems pretty high but a good way to burn a lot of miles since can't get any reasonable Low Tier free tickets.

Any thoughts?

As a DL-branded Amex holder you can redeem 5,500 SkyMiles for a $50 Amex Gift card. A $100 card takes 11,000 miles not 10,500. Those not holding a DL Amex are reporting redemption rates of 17,500 miles for a $50 card.

If one can ONLY calculate the value of miles by looking at a BC or FC international fare then, no, one probably will never see this as a good use of miles. D'ffrent strokes.

There is a recent thread in the DL forum on this new redemption option: American express gift cards on marketplace

FTR, the other gift cards one can get with SkyMiles go for 5K for a $50 card... again if one holds a DL-branded Amex.

mahasamatman Dec 6, 2010 9:17 pm

I may have to get that Amex just to burn all these useless DL miles.

arfgoblue Dec 7, 2010 3:07 am


Originally Posted by mahasamatman (Post 15396259)
I may have to get that Amex just to burn all these useless DL miles.

Adding to the pile to burn the pile? :D

mahasamatman Dec 7, 2010 6:25 pm


Originally Posted by arfgoblue (Post 15397449)
Adding to the pile to burn the pile?

Bigger piles burn more brightly.

FlyingHigh20 Dec 8, 2010 4:12 am


Originally Posted by Evan! (Post 15394687)
As a DL-branded Amex holder you can redeem 5,500 SkyMiles for a $50 Amex Gift card. A $100 card takes 11,000 miles not 10,500. .

Incorrect, a $100 card takes 10,500 miles NOT 11,000 miles.

Evan! Dec 8, 2010 5:14 am


Originally Posted by FlyingHigh20 (Post 15404988)
Incorrect, a $100 card takes 10,500 miles NOT 11,000 miles.

Yes thanks. I edited my post. This is the first time I've noticed a price break for a higher denomination on any type of card at Marketplace. I'm glad there is a 500 mile savings over redeeming for two $50 cards.

FTR, I ordered mine on Friday (3rd) and they arrived yesterday(7th).

I haven't caught any posts (in any thread) reporting success or failure on using the cards to buy DL tickets. I have no more purchases coming up this year but I would appreciate knowing whether or not one can use these for DL ticket purchases and if one has to call in instead of redeeming on line.

Given a DM on a paid itin earning 2,400 base miles: 2,400 + 3,000 = 5,400 SMs earned from flying. Let's say the fare costs $300 A.I. It would take 31,500 miles worth of Amex cards to pay for this itin. I will be sacrificing the 600 miles for purchasing the ticket using my DL Amex. At first the numbers appear to indicate this is not a good way to game the system. But...
  • The $300 goes in my pocket as I am not spending money on the ticket. As a biz traveler I get reimbursed for the receipt price and the form of payment is irrelevant.
  • The net sacrifice of miles is 26,700 miles (+5,400-31,500-600) (not far from the low domestic redemption rate for an award seat).
  • I'm choosing my itin and not being asked to be "flexible" for an award.
  • I must pay for taxes and fees for an award ticket.
  • I earn MQMs and MQSs on the itin. At $300 let's just agree that this is not a Y,B, or M fare.
  • I have a higher ranking for an UG than an award ticket as my ticket will be a paid fare class and not a "free" fare class.
  • I'm closer to a MM threshold than with an award ticket.

Of course the value changes with a different distance and/or $ ticket price.

There are other sacrifices for some. If you count on a DL Amex spending threshold for RDMs and/or MQMs then you are $300 farther away from that threshold. A PM or a DM can cancel an award with no penalty.

There are many threads asking "How do I convert SkyMiles to XYZ program?" And the answer has always been that SMs can not be transferred OUT to any other program. In essence, this could be a workaround. That same $300 in gift cards from 31,500 SMs could be used at a hotel as the form of payment which would earn the guest that hotel's point currency. Not a great rate but certainly it rivals the typical points.com conversion rate. At a Hilton property that $300 equates to 3,000 HH points. In essence that's a 10.5 miles-to-point ratio for SkyMiles-to-HHonors. Not good but still an option. During a HHonors promotion this ratio could change... like right now with the 4X promo for a stay with a Sunday night.

philemer Dec 8, 2010 8:59 am

Another option for those with tons of MR: Amex MR > DL > Gift Cards.

I'm going to 'buy' some GC, through DL, because I can't seem to find "LOW" awards on DL when I need them.

Personally, I'm moving my Amex MR to CO because I value those miles > .01 apiece.

vgacolor Dec 8, 2010 9:41 am

Is there any way to deposit these gift cards into a bank account or paypal?

Would there be any fees associated with the deposit?

/Has about 100K skypesos
//Is a DL AMEX cardholder

philemer Dec 9, 2010 1:55 pm


Originally Posted by FlyingHigh20 (Post 15404988)
Incorrect, a $100 card takes 10,500 miles NOT 11,000 miles.

Just checked and now it does take 11,000 , miles. I'll take four, please.

Evan! Dec 9, 2010 2:42 pm


Originally Posted by philemer (Post 15415704)
Just checked and now it does take 11,000 , miles. I'll take four, please.

Glad I got mine before the caught this.

This is so typical. The found an error in OUR favor. They fixed it lickety-split!!! When the award calendar is broken in THEIR favor "we're working on it but it takes time."

Actually I just logged in and I see a $50 card going for 6K now and the $100 card going for $11,000.

Again, glad I got mine before the price increase.


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