Targeted Delta 50 % bonus
Oct 4, 2011 | 4:13 pm
#1
Original Poster
Join Date: May 2011
Programs: Spg Gold, Hilton Diamond, Hyatt Diamond
Posts: 1,583
Targeted Delta 50 % bonus
I just got an Email that Delta Was giving a 50% bonus for people who buy miles between now and oct 31st 2011.
Targeted to select customers it says. Sold at 3.5 cents per mile so not likely anyone is interested.
Don't shoot the messenger
Targeted to select customers it says. Sold at 3.5 cents per mile so not likely anyone is interested.
Don't shoot the messenger
Oct 5, 2011 | 1:04 pm
#4
Join Date: May 2010
Location: BDL
Programs: DL PM, HHonors Silver
Posts: 440
There are times where these sales do come in handy for certain people if you're close to an award and find a low award but need a few more miles, yes i know low awards are rare but they do exist so it is good to hear about them. The skypesos debate is well documented on here.
Oct 5, 2011 | 2:10 pm
#5
Join Date: Oct 2009
Location: Land of the parrots and parrotheads
Programs: Several dozen
Posts: 4,820
Hmmmm....I was minting Skypesos (transferring them between 5 accounts for the 100% transfer bonus) all last month for about $10.10 per k. Now they have gone up in value to $11.75 per k (50% of $35 per k)? Did your stock, bond or gold portfolio go up that much or did your bank CD match that rate of return or your real estate appreciate that percentage? And Skypeso appreciation is income and real estate tax free! Skypesos rock as investments!
Oct 6, 2011 | 3:34 am
#6
Original Poster
Join Date: May 2011
Programs: Spg Gold, Hilton Diamond, Hyatt Diamond
Posts: 1,583
Hmmmm....I was minting Skypesos (transferring them between 5 accounts for the 100% transfer bonus) all last month for about $10.10 per k. Now they have gone up in value to $11.75 per k (50% of $35 per k)? Did your stock, bond or gold portfolio go up that much or did your bank CD match that rate of return or your real estate appreciate that percentage? And Skypeso appreciation is income and real estate tax free! Skypesos rock as investments!
Best 100k plus $80 taxes I ever spent. Obviously they don't work for everyone, but I have accumulated 440k of which I have 340 K left.
Long live SM . Till, and I bite my tongue they devalue them .
Oct 6, 2011 | 10:42 pm
#7
FlyerTalk Evangelist
Join Date: Apr 2009
Location: Bye Delta
Programs: AA EXP, UA Silver, HH Diamond, IHG Plat, Hyatt Plat, Marriott Titanium, Nat'l EE, Avis PC, Hertz PC
Posts: 16,637
This promo is far weaker than the 100% bonus it replaced.
Also, SkyMiles recently went up from 2.8 cents per mile to 3.5 cents per mile, just within the last month or two. So even with a 50% bonus, you're really only getting 20% more than you used to, even at normal prices.
Example:
100,000 miles at the old rate of $0.028 = $2,800
$2,800 at the new $0.035 rate = 80,000 miles
80,000 miles + 50% bonus = 120,000 miles
Also, SkyMiles recently went up from 2.8 cents per mile to 3.5 cents per mile, just within the last month or two. So even with a 50% bonus, you're really only getting 20% more than you used to, even at normal prices.
Example:
100,000 miles at the old rate of $0.028 = $2,800
$2,800 at the new $0.035 rate = 80,000 miles
80,000 miles + 50% bonus = 120,000 miles
Oct 8, 2011 | 4:29 am
#8
Join Date: Jul 2011
Location: Los Angeles
Programs: Delta Kryptonium-Platinum Medallion, Hyatt/Hilton Diamond
Posts: 365
Considering Delta had a slew of promotions that just ended, this is really a waste of money IMO unless you are just buying a small amount to top of the account and book an award ticket.